Funding to PLN U.S. $ 250 Million

PT PLN (Persero) has received funding commitments from the South Korean company about U.S. $ 250 million for the construction of mine mouth power plant in Jambi with a capacity of 2x100 Megawatt (MW).

According to PLN President Director Fahmi Mochtar, the project is funded by a consortium consisting of Korea Western Power and Circle One and is fully supported by the Government of South Korea.

"It's just explored and a feasibility study," Fahmi said when contacted on Monday (14/12/2009).

Study the feasibility of a coal mine mouth power plant owned by PT Karya Bumi Baratama, Sarolangun district, Jambi, the continued Fahmi, will be undertaken by a subsidiary of PLN, the PLN Engineering and funded by the South Korean government.

PT Karya Bumi Baratama is a subsidiary of Circle One with the mine area has 18 hectares and coal supply of up to 250 million metric tons.

"They are also interested in other areas, but for the first phase of Jambi them into first," he said.

He hopes that power plant construction can be started in late 2010 or early 2011 and expected to operate the fastest in last 2013's

Increasing Car In a Community

Recently growing car community grows significantly. Therefore, any car community is increasingly unloved by the car manufacturer.

Some communities were rewarded award by SWA magazine. Communities also proved to have a huge influence on brand preference are used community.

At the conferment SWA Brand of Choice by Community in 2009 in Shangrila, Jakarta, December 1, 2009, Toyota won top brand preference among the most popular customer community.

Through the research undertaken with SWA 1-15 September 2009 at the Toyota grabbed the first rank the best of the 37 brands that participate are contested, for the Toyota Avanza (first rank: a total score of 9.072). Followed by the Toyota Yaris (ranked fourth: 8.867) and the Toyota brand itself (sixth rank: 8.507).

The survey itself is conducted on 510 respondents from 20 communities, with a rating of 5 variables include: supports for community brand, the brand benefits for the community, the frequency of conducting joint activities, provide an important role, and level of independence.

"We are very grateful to our customers, achieved this ranking is one representation of the trust and support of our customers to Toyota. Surely this will spur us to increasingly provide the best for customers," President Director of PT Toyota-Astra Motor Johnny Darmawan said.

While communities Honda Jazz Fit Club (JFC) Indonesia won Most Recommended Consumer Community after reaching meet the 7 parameters measured in the survey for this award.

"JFC very grateful to the SWA magazine and HPM as automakers Honda, JFC members and all other relevant parties to this award winning JFC. Hopefully this award with the JFC will increasingly solid," said Chairman of Jazz Fit Club Febru Ariyanto.

The Next Generation Of Suzuki

Suzuki reportedly is preparing the next generation of Suzuki Swift began to fall next year. The model will return the glory of Swift since 2005 and by some significant changes.

One of them is the engine sector. As will be launched in India, Suzuki plans to use their latest-generation machines 'K-Generation' with the efficiency of capacity to only 1.2-liter gasoline.

If Suzuki wants to instill a more powerful engine, can use a 1.5-liter engine as CRDi, with a Multi Point Injection system (MPI), as reported Indian Autos, Thursday (10/12/2009).

As for the international market, Suzuki engine choice is quite varied, all of which are K-Generation engine, with a capacity of 1.3-liter, 1.5 liter and 1.6 liter.

In fact, specific to the market in Japan, Suzuki Swift will offer a choice of 1.6 liter VVT engine, with all-wheel drive or All Wheel Drive, with the peak power reaches 125 bhp.

Suzuki also will contribute to the issue of environmentally friendly cars, to make hybrid-engine Swift, which can travel as far as 20 km when the battery is fully charged, the fastest plan 2011 or 2012.

Besides the engine, cabin Swift would be more relieved become more flexible so that transporting passengers and goods. In addition, changes in appearance such as changing the front grille, and headlamp.

Swift is one of the flagship Suzuki product for the European market, and a variant with the best sales in the UK. Suzuki will officially launch the new Swift at the Paris Motor Show in the second half of 2010.

Decreasing a net profit of JPT Bakri & Brothers Tbk recorded 95.42%

Decreasing a net profit of JPT Bakri & Brothers Tbk recorded 95.42% until the third quarter in 2009. The decreasing mainly is caused by falling revenues and increased operating expenses.


This was conveyed in the financial statements of companies, on Monday (7/12/2009).

Until the third quarter-2009, BNBR recorded revenues of 5.329 trillion Rupiah, down 16.55% from the same period in 2008 amounting to 6.386 trillion Rupiah. Cost of revenues fell 23.39% to 2.657 trillion Rupiah from the previous 3.692 trillion Rupiah.

Decrease of cost of revenues to the company only recorded a decline in gross profit for thin 0.81% to 2.672 trillion Rupiah from the previous 2.694 trillion Rupiah.

However, operating expenses increased 23.89% to 2.157 Rupiah trillion from the previous 1.741 trillion Rupiah. This makes operating profit fell 45.92% to USD 514.854 billion from USD 952.155 billion previously.

The Company also recorded other burdens of 75.233 billion Rupiah mainly due to losses on sale of shares amounting to 376.34 billion Rupiah and USD interest expense N270, 392 billion.

In fact, in the same period last year, was recorded BNBR other income of 125.713 billion Rupiah.

This makes a net profit reached 40.486 billion Rupiah from the previous USD 885.739 billion. Earnings per share was to be only 0.43 Rupiah from the previous USD 13.36.

BNBR assets also declined 7.15% to $ 26.483 trillion from the previous 28.524 trillion Rupiah. Liabilities decreased 23.39% to $ 15.704 trillion from 20.5 trillion Rupiah previously. Equities still rose 56.6% to 6.59 trillion Rupiah from 4.208 trillion Rupiah previously.

BP Migas Revokes Suspension DMO Incentive Holiday

BP Migas revokes the provision of incentives in the form of delay Domestic Market Obligation (DMO) holiday which has been given to the operator Cepu Block, Mobil Cepu Limited, which is a subsidiary ExxonMobil Oil Indonesia.

According to the BP Migas chief R Priyono, is due to the removal of ExxonMobil can not meet the commitment to accelerate production in Cepu Block.

"The letter was sent to Exxon last week. It is doubtful that we provide because they have retreated from a commitment," said Priyono through a hearing with Commission VII, at the Parliament Building, Senayan, Jakarta, Tuesday (1/12/2009 ).

According to him, before MCL get DMO holiday incentive to delay production at the peak of 165,000 bpd. The delay was granted because the MCL asked the government to speed up production on the field before Banyu Urip from 2010 to December 2008.

But because the target is too late to be accelerated in August 2009, then lifted the stay of BP Migas the DMO holiday.

"So DMO holiday was in effect since August 2009," said Priyono.

DMO holiday provisions are included in production sharing contracts between the government and contractor cooperation contract (KKKS). In that provision, given the right KKKS get holiday or exemption DMO deposit liabilities to market their products in the country for 60 months.

In accordance with the rules of the DMO, KKKS shall deposit 25% of oil production a part of the domestic market at a price of only 25% of the ICP.