BUMN Company do Corporate Action

Minister for State Owned Enterprises Dahlan Iskan Saying the company duly authorized to carry out corporate actions. It is included in 18 of the ministry delegated to the board of directors or commissioners of state-owned enterprises. The Ministry will encourage the revision of the rules after the decision to transfer some authority.

According to Dahlan, long aini state-owned companies do too much correspondence, reports, and held formal meetings. All that, according to him, should be reduced. At least 50 percent. So the directors have more time to think about corporate actions and conduct of the company.

"Do not let the busyness of directors primarily to bureaucratic jobs that do not necessarily useful," said Dahlan told Tempo in his office last weekend.

Although the company was given full authority, the ministry will keep control of the corporate action. For example in the formation of new subsidiaries. The Ministry will not easily give permission. If it is necessary and urgent, the ministry will propose to take state-owned companies are on the verge of bankruptcy. In this way, Dahlan claimed, state-owned enterprises will be better.

Ministry of SOEs, according to Dahlan, also plans to divert a number of companies that suffered financial difficulties. Some SOEs are among the State Film Production Public Company (PFN), PT Pradnya Paramita, PT Hall Book, PT Energy Management Indonesia (EMI), PT Survey Air Penas, PT Industrial Clothing, and PT Sarana Works. Targeted, for the takeover to be completed two months ahead.

The plan, Perum PFN will be taken over by PT Adhi Karya (Persero) Tbk. The PT Pradnya Paramita will be taken over by PT Telekomunikasi Indonesia (the partners) Limited, with a record after the merger with PT Central Library.

PT EMI will be taken over by PT Surveyor Indonesia. PT Air Survey Penas was taken over by PT Angkasa Pura I. PT Industri Sandang taken over by the Housing Development PT (Persero) Tbk. PT Sarana The work will be taken over by PT Wijaya Karya (Persero) Tbk, after completing his business with PT Timah (Persero) Tbk. While the restructuring of PT Paper Kraft Aceh, PT Iglas, and PT IKI is still undecided.

Former minister of state enterprises Sofyan Djalil breakthrough hailed the move taken by the former Director of the National Electricity Company. During this time, according to him, the state-owned enterprises face the problem of bureaucratic obstacles, causing several decisions issued void.

The transfer of authority, according to Sofyan, to be followed by placing a competent board of directors and commissioners. "If the directors or trustees are competent, the state could run fast," he said.

Conversely, if the composition and competence are not appropriate, will be a problem both for companies and ministries. Therefore, all decisions and policies of companies rely heavily on the board of directors and commissioners.

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Difficulty Running Machine Problems at PT IGLAS

PT Iglas is Loss Due to Difficulty Running Machine. Constraints that occur in the operation of the engine causing the production of the products produced half Iglas PT (Persero) is not worth selling. Iglas are state-owned enterprises engaged in the manufacture of glass packaging, especially bottles.

"About 50 percent of the company's defective product produced. Though the raw materials and energy used already. This is more due to technical factors and machine operators," said Minister of SOEs Dahlan Iskan, Wednesday, November 9, 2011, the Ministry of SOEs.

Dahlan therefore encourage the management company immediately to find a way out of problems. "I believe management could not. Yesterday, management also has invited an expert to know how to operate the machine. They actually have a new machine, but not smooth the way," said Dahlan.

Improvement of production operations is also to encourage improvement of company performance in the future. Dahlan himself asked the management company to not rely on capital injections, either in the form of state equity participation (PMN) or a loan from PT Asset Management Company (PPA).

"I am forbidden love of money into their PPA. With hard work would be successful. Do not let the company depends on the money that is unclear or uncertain," said Dahlan. (Source: Tempo)

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Indofarma and BatanTek Develop Radiopharmaceutical Product

Taufan Sukma Abdi Putra  (Jurnas) - PT Indofarma Tbk (INAF) and PT Batan Technology (BatanTek) is ready to develop a radiopharmaceutical product business. The amount of local market demand and exports even appeal to Indofarma to begin to distribute products BatanTek radiopharmaceutical production. "For the first stage, the business cooperation will be directed to develop products Molybdenum (Mo99) ​​or also known as Molly 99. This is a product of health care system for people with cancer. This cooperation serves to increase the production capacity as well as to distribute them more widely and the maximum, "said Director of Indofarma, Djakfarudin Junus, in Jakarta, Monday (21/11) after signing the agreement the two companies.

The value of investment required in these development efforts, according to Djakfarudin, estimated at Rp40 billion to revitalize BatanTek production equipment which is currently relatively advanced age.

For the initial stage, Djakfarudin explains, Molly 99 sales are expected to contribute about 10 percent of the total value of sales Indofarma. But in the future, the contribution is believed to continue to rise until it reaches 15 to 20 percent of total company sales. "From the BatanTek stated revitalization process, the turn of the means of production and so likely to be completed by March 2012. Maybe then its contribution is only about 10 percent of our sales targets in 2012 which skeitar Rp1, 4 trillion. But in 2015, we are targeting sales (Molly 99) can reach Rp330 billion, or reach 15 to 20 percent of our total sales, "said Djakfarudin.

In addition to working on sales Molly 99, further Djakfarudin, Indofarma and BatanTek cooperation will also be working on other radiopharmaceutical products, such as Yodium131 and also phosphorus (Q32).

To realize the plan, claiming the Indofarma currently studying the specific things that needed to distribute products radifarmaka. "It could be later on we also sell other radiopharmaceutical products. Originally the market requires, we are ready to distribute. Currently we are preparing ourselves that way, including ways of distribution, shelf life, or ways to treat (the product) it. It's become a challenge for us, "said Djakfarudin.

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Telkom Become Corporation of The Year 2011

PT. Telekomunikasi Indonesia, Tbk (Telkom) has achieved prominent recognition in the Business Review 2011 Award taken place in Bali, November 4, 2011 for 5 categories such as The Best Corporation 2011/Corporation of the Year 2011 – First Rank for Listed-Company; The Best Corporation for Corporate Communication – First Rank; The Best Corporation for Marketing – First Rank; The Best Corporation for Risk Management – First Rank and The Best Corporation for Finance – Second Rank. This award has been presented by Dr. Ir. Irnanda Laksanawan MSc.Eng. (Deputy Ministry of BUMN of the Republic of Indonesia in Strategic Industry and Manufacture) to Director of IT Solution and Supply Telkom, Indra Utoyo.


Talking about the award, Head of Corporate Communication and Affair Telkom, Eddy Kurnia, said, "All of this marks our seriousness and hard work in the operation of telecommunication, information, media and edutainment (TIME) in Indonesia in mid of very tight competition in which to date Telkom has still been the market leader in Indonesia," In Quarter III-2011 Telkom has recorded an increase in number of subscribers compared to the same period in 2010. The increase is on telephony at 10.6% of 118.2 millions to be 130.7 millions for cellular (Telkomsel) at 11.8% of 93.1 millions to be 104.1 millions, Flexi at 7.9% of 16.7 millions to be 18.1 millions and wire line at 2.1% of 8.3 millions to be 8.5 millions. Broadband service increases significantly compare to the same period in 2010 with the growth at 75.1% of 6.4 millions to be 11.2 millions for Speedy at 42.7% of 1.53 millions to be 2.18 millions, Telkomsel Flash of 4.3 millions to be 5.95 millions and BlackBerry at 431% of 573 thousands to be 3.04 millions. “Total number of subscribers of Telkom Group up to Quarter III-2011 has reached 132.9 millions. Meaning Telkom Group has served the public need on TIME service around 58% of the population in this country,” Eddy Kurnia said.

Some of the product innovations which are not possessed by other operators have been launched some time ago and now have just entered into the market, those are Groovia TV and Delima. Groovia TV is an internet protocol-based TV (IPTV) having various features enabling subscribers to record, pause and rewind their TV program and equipped with such facilities as video on demand (VoD), game on line, even karaoke. These services have started to be operated in several locations in Jakarta, Bandung and in some other big cities later on. Delima (Delivery Money Access) is an easily remittance service from Telkom. Delima provides facility for the society who wants to send money any where. “Send money via Delima is as easy as send an SMS,” Eddy Kurnia explains. Presence of the products above has completed the existing ones like Speedy, SpeedyFlash, Flexi and other TelkomGroup products.

In relation with the award of The Best Corporation for Risk Management, Eddy Kurnia explained that to realize some ethical practices of Good Corporate Governance reliably and responsibly, Telkom has applied e-procurement/e-auction and implemented management vendor module in the bidding process of goods and services. “Through the e-procurement/e-auction, physical contact between vendors/partners and the bidding committee is minimized and all bids are made computerized so as to support transparency for all vendors to get the same information,” Eddy Kurnia explained.

Business Review Award is an annual program organized by Business Review magazine as an appreciation to companies in Indonesia, such as BUMN and National/Multi National Private companies together with their subsidiaries having created the companies’ delta growth as well as developed significant contribution to business expansion, stock market, investment and economy in Indonesia. This event is highly appreciated as the Jury for the Business Review 2011 Award comes from various competent institutions, such as Indonesian Institute for Corporate Directorship (IICD), Dunamis Organization Services, TUV Rheinland Indonesia, Melani K. Harriman & Associates, Frontier Consulting Group, Intellectual Business Community, Dwika Consulting, Tribes, Action Coach Indonesia and Business Review. Business Review 2011 Award has been participated by 200 companies and CEO of leading companies in Indonesia, those are BUMN and national/multi national private companies. “This award has motivated us to always develop”, Eddy Kurnia said.

Source: Telkom

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Suharso Monoarfa Programs Will Continue by Djan Faridz

Minister of State for Public Housing (Menpera) Djan Faridz newly inaugurated by President Susilo Bambang Yudhoyono to replace Suharso Monoarfa declared himself ready to continue programs and policies of the Ministry of Housing (Kemenpera) that exist today. Nevertheless, he feels still needs more work hard and learn a lot from the other housing sector stakeholders.

"I am ready to continue the program and replaces Mr. Kemenpera Harso (Suharso Monoarfa-ed) as Menpera. But I still have more to work harder and learn more about prumahan many people from the other housing stakeholders, "said Djan Faridz to reporters after the Handover Position (Sertijab) Menpera in Room Prambanan, Kemenpera Office, Jakarta, Wednesday (19 / 10) afternoon. Sertijab activity was attended by Minister of Public Works Djoko Kirmanto and some officials of Echelon I, II, III and IV in Kemenpera environment as well as stakeholders such as housing associations and developers from banks and a number of other partners.

Djan Faridz Menpera inaugurated as the United Indonesia Cabinet II by President replaces Suharso Monoarfa who resigned for personal reasons. Djan Faridz expected to create programs and policies Kemenpera a more pro-people programs and to encourage the development of housing and residential areas so as to reduce the number of needs (backlog) housing in Indonesia.

According to Djan Faridz, housing problems can not be solved solely by Kemenpera. However, it takes a clear concept and existing programs must be integrated with existing programs in other ministries or agencies. Therefore, he was soon ready to visit a number of ministries and agencies such as Ministry of Works, Housing, and took the developers and the existing banking.

"Hopefully I can carry out the tasks mandated by the President to me. This is part of the duty of the state that must be implemented. Although I have a background in the private sector and a new study in the field of government the most important is how we all work for the welfare of the people and communities, "he said.

Faridz Djan, who also serves as Chairman of Jakarta PWNU added, one thorny issue in the public housing program is providing the land. In this case, he was ready to meet the Minister of SOEs and the Ministry of Transportation to utilize land that is owned such land along the railroad tracks and state-owned land.

Furthermore, Djan Faridz added, he is very grateful to Suharso Monoarfa who have nominated themselves as Menpera to the President even without the knowledge of him. The reason, he felt to have the ability and experience in building large and terraced buildings. "Thanks to Mr. Harso who have nominated me as Menpera," he said.

Meanwhile, Suharso Monoarfa states, still a lot of homework to be completed by Djan Menpera Faridz as new. Nevertheless, he felt pleased to be working as well as completing Menpera one important thing in the supply of housing from the housing finance sector through the Liquidity Facility Financing Housing Program (FLPP). The program is expected to help the community because they expected to have a home at affordable prices with low payments and low interest rates.

"The provision of land bank (land banking) is one of the great job that must be completed by the new Menpera. Because, until now not all regions have the Spatial Regulation so that the construction of houses has not been arranged properly. Even Parliament has stated that Indonesia is currently experiencing a crisis of spatial, "he said.

Appointment Djan Faridz judged appropriate, given Mr. Faridz, semikian usual he called, has long been known as a successful entrepreneur in the field of property and energy. Djan Faridz initially revealed welding shops to open a business and trading tools to be a contractor building housing for civil servants (PNS) and the Indonesian National Army (TNI) in these areas. He was more famous in 2002 after successfully "juggle" Tanah Abang Market slum once known to be inaugurated in July 2005 Largest Wholesale Centre in South East Asia. Two years later, through a contractor that his company began construction of Tanah Abang Market Block B so that it can be operated on in 2010.

Besides being a businessman, H Faridz Djan who was born in the Canary Gang, District Senen, Jakarta on August 5, 1950 also has some experience in politics. Since 2009, he was elected a member of the Regional Representatives Council (DPD) by the citizens of Jakarta. Previous plunge into politics, in 2006 Djan Faridz Regional Board has been active as NU (PWNU) DKI Jakarta until finally elected Chairman of Jakarta PWNU Tanfidziyah period 2011-2016. In addition, he also became Vice Chairman of the Assembly of Experts DPP PPP starting in 2007 to 2011.

Sources: Kemenpera

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