Dear Friends,
May the dawning of this New Year,
open up for you new horizons,
fill your heart with new hopes and bring for you...
Promises of brighter tomorrows !
Wishing you happiness and prosperity in the New Year!
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The Indonesia Minister of Transportation had issued the new regulations Number KM 55/2007 as a revised of Minister of Transportation Regulation No. KM 55/2002 regarding of Management of Special Sea Port. Therefore Directorate of Sea Transportation - Ministry of Transportation had set up five export sea ports in Indonesia for handling of specific goods/commodities.
The sea-ports are Tanjung Priok in Jakarta, Tanjung Perak in Surabaya, Tanjung Mas in Semarang, Makassar in Sulawesi, and Belawan in Medan.
"According to the Regulation No. KM 55 for special port which have not the license will close immediately. So there will only five special ports for controlling the exportof special goods," said Joni Algamar Director of Unity of Sea and Coast Security.
These five special sea-port will controls of special commodities/goods such as textiles, toys and food and beverages. Export from outside of the five ports will clasiffied as smuggling.
Despite the global economic crisis, Air Asia X - Malaysia cheap airline - will expand their flight route to China, India, South Korea, and Japan.
Chief Executive Azran Osman Rani said this is a period of challenge for the airline industry because many countries experiencing recession, so airlines should be able to penetrate the crisis.
"Air Asia's bookings for a direct flight to London with Airbus 340-300, which began March 11 has already full," said Azran while adding that the 30,000 seats have been sold.
The demand is high because of the ticket prices is 'only' around 2,000 ringgit (580 US dollars), less than half of the normal price for regular flights. Air Asia X will fly five times a week from Kuala Lumpur, Malaysia to Stansted airport outside of London.
Air Asia X will plan to increase the flight route to North India in 2009, including New Delhi, Amritsar and Mumbai, and to Beijing. In 2010 their flight target is to South Korea and Tokyo, Hokkaido in northern Japan and Kyushu in the south.
Air Asia X, which recently opened flights to the Gold Coast, Perth, Melbourne and Australia, and Hangzhou China, will record their sales of 362 million malaysia ringgit at the end of this year. With this sales record, the sales projection at the end of 2010 will reached 1 billion US dollars.
Panasonic Electric Works, a business unit of Panasonic Corp., will close their three factories in Japan and cut off around 800 employees due to the slow of economy growth which impact the demand of their products.
The company that sells electrical equipment systems, kitchen and other home products, will close their factories and cut off their employees in the fiscal year which ended March 2011, "said Spokesperson Panasonic Electric, Sunday (28/12).
Panasonic Electric Works, which is 51 percent of the stock owned by Panasonic Corp., - the Plasma TV producers number one in the world - has not decided yet whether the three remaining factories from 13 local factories will be closed or not.
On October 2008, Panasonic Electric Works has cut off their nett profit projections for the budget year which ended in March 2009 around 12 percent to 38 billion yen (419 million U.S. dollars), a decrease of 16 percent throughout this year.
Perum Bulog will start to export the rice in the third-quarter 2009 after obtain the certainty of rice production in 2009. The 2009 rice production is refer to forecast figures I and II of Central Statistics Agency data.
Director of Perum Bulog Mustafa Abubakar said, at this time many businessmen from various province ask to work together with Bulog to export rice. "But nowdays Bulog is the only institution which allowed to export rice. The exports made from single 'door' so easy to controlled, "said Mustafa in Year End Evaluation and Prospect Food Indonesia in 2009, on Tuesday (23/12/2008) in Jakarta.
According to Mustafa, the export can be done if Indonesia has a rice surplus production of 5 million tons. Surplus will be achieved when the rice production throughout 2009 had reached the target. Agriculture Dept had set up the rice production target in 2009 of 63.5 million tons of dried unhulled rice. Production of 63.5 million tons of dried unhulled rice is equivalent of 35.9 million net tons. The rice national consumption per year, around 30.9 million tons.
Export destination countries are Malaysia, the Philippines, East Timor, and Brunei. The rice export volume that can be exported with the surplus production of 5 million tons is estimated around 1 up to 1.5 million tons.
The Chairman of Organization Himpunan Kerukunan Tani Indonesia, Siswono Yudo Husodo give appreciation to the stakeholders in the national rice industry which has been able to increase the production so Indonesia not depend on rice import.
"This is our repetition export of rice surplus 24 years ago (1984)," he said. Nevertheless, Siswono reminded that the rice should be exported is a resulting from the harvest of the previous year. The exports should not be from a new harvest.
Dear Friends,
Wish you have a Merry Christmas.
I sincerely bless you are healthy, happy and prosperous at all times, and enjoy your holiday getting together with families and friends.
MAY THE BEST HEALTH , HAPPINESS, SUCCESS AND PROSPERITY BE WITH YOU ALL IN NEW YEAR 2009 AND FOREVER ...
To anticipate the Christmas and New Year in 2009 holiday, most of the airlines company will add the extra flight. This extra flight, which was held several days ago up to early 2009 will increase around 61,492 passenger seat. Around eight national airlines has add their flight capacity.
Air Transportation Director of the Department of Transportation's Mr. Tri Sunoko said, the additional flights during the holidays 2008 has reached 192 frequency for domestic routes, whereas the international route has reached 92 frequency.
Based on the data, Lion Air is to be the most airlines company who increase the passenger capacity around 27,684 seats, followed by Mandala Air (12,480 seats), and Wings Air (10,992 seats).
Garuda Indonesia, which usually add the capacity, for time being will only provide 3,196 additional seats, Sriwijaya Air (2,520 seats), Batavia Air (2,240 seats), Merpati Nusantara Airlines (1,880 seats), and Riau Airlines (500 seats).
At least 30 furniture producers in Central Java prepared to switch their export market to Middle East countries. This is to anticipate the decreasing inquiry of furniture from United States, which might decrease up to 20 percent in 2009.
According to the chairman of Indonesia Association of Furniture and Crafts Indonesia (Asmindo) Mr. Anggoro Rahmadiputro, until the end of November 2008, as impact of the global financial crisis, there no longer inquiry or shipment of goods (furniture) from Europe and the U.S.
Currently, most of the furniture producers in Jepara, Solo, Semarang, and Banyumas only complete the contract orders which have been received until the end of 2008. Due to the global financial crisis, the goods can be fulfilled according to the contract target, but there are a number of delays in payment from the buyer, especially in the U.S.
Anggoro Rahmadiputro sadi, diversion of furniture export markets, especially indoor furniture to the Middle East has good prospects. The target countries are Egypt, Turkey, Saudi Arabia, and Dubai, while for the regional market such as Malaysia and Brunei. Before the crisis, the average cumulative export of furniture from Central Java is in range 400 million to 600 million U.S. dollars per year.
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Lorena Airlines one of the Indonesia local airlines has not despair to bring the aircraft, although they had failed several times. This airlines must pursue this target to have the aircraft before 25 June 2009 to get a flight operator certificate - Air Operator Certificate (AOC). Not surprisingly, Lorena is intensly to bring the two units of Airbus A230 in February 2009.
According to the Head of Public Communication Center's Department of Transportation, Bambang S Ervan, Lorena really need to bring the aircraft to meet the requirements of AOC regulations. "If more than June 2009, their business licenses will be revoked," he said in Jakarta (17/12/2008).
Vice President Production of Lorena Air, Mr. Suhadi said, the fleet capacity of 160 people was purchased from Waha Leasing Company - a Dubai company - which is headquartered in France. Unfortunately, Suhadi reluctant to mention the value of the investment to buy these two aircraft. But as an illustration, the new unit price of Airbus A230 is around U.S. $ 45 million.
Lorena apparently will not rely on the funding of this investment from bank loans or financial institutions. Conversely, Lorena able to make the funding from their own money.
Although the price of renting aircraft are currently cheap, the process of procurement of the aircraft is quite tough. Suhadi said, as a new airline, such as Lorena was still not get the trust from the leaser. "Especially with the case of Adam Air leaser trust has decreased," said Suhadi.
Even Lorena Airline is a new player and also the economic conditions currently is not stabilized, but Lorena remains confident with their flight business. Moreover, with a stopper of Adam Air airline, which normally operates 22 aircraft, the presence of Lorena with 2 aircraft are still seize the market with their full service promising concept.
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The local magazine "Dirgantara Angkasa" had nominated Garuda Indonesia Airline as the Airline of the Year 2008. Around 10,783 people was participated in to vote and to determine the winner of Angkasa Award 2008.
"This is the first time for Dirgantara Angkasa held the award, hopefully it will be better next year. We will also undertake the 'editor choice' not only to accommodate the consumers," said A Dharwan - Chief Editor of Dirgantara Angkasa on Wednesday (17/12/2008) in Jakarta.
Mr. Adiprasetyo Agung, Chief Executive Officer of Kompas Gramedia said, hope that this award and dialogue flight which held by the magazine Dirgantara Angkasa become a small step to improve the Indonesia flight.
Garuda Indonesia Airline has won the award of The Best Service, The Best On Time Best Performance and The Most Favorite Airline category.
Other categories are The Best Website category won by Lion Air, The Best Logo won by Mandala Airlines, the Best fare Indonesia by Indonesia AirAsia and the Best Stewardess won Mandala Airlines
One of the South Korea steel producer company - Pohang Steel Corp. (Posco) - is probing to build up a steel factory in Cilegon, Banten, with worth around US$ 5 billion. This factory will produce around 2.6 million to 3.1 million tons of steel.
Posco is lobbying P.T Krakatau Steel (KS) about the infrastructure and expect Kratakau Steel allow them to use the Cilegon infrastructure such as sea-ports facility and other facilities based on mutually beneficial cooperation. Although, both of the two companies is a state-owned enterprises (BUMN) in each country.
"I have not receivied a letter from Posco yet. But, from the information that I have got, Posco is doing serious discussion with Krakatau Steel," said Head of Investment Coordinating Board (BKPM) M Lutfi, on Tuesday (16/12/2008).
The potential market of steel which is not only in domestic but also in a global market, is the reason why Posco interested in investing on steel business. In addition, the regulation of domestic steel sector, allow for both local and foreign investors to invest in this sector.
Airbus will meet its target of delivering 12 A380 super jumbo aricraft this year, the company's chief exceutive pledged recently, brushing aside reports that manufacturing and engineering difficulties had again put the project behind the schedule.
The 525-seat, A-380 has been plagued by delay due to missteps, technical setbacks, communication failures and financial improprieties that have tarnished Airbus' image. The first in a series of costly delays was announced in June 2005.
In May, the European planemaker cut its delivery forecast by one aricraft this year and by four in 2009, due to continued problems with the giant aircraft's wiring.
"I'm ready to take a bet that we will deliver more than 10 aircraft, more than 11 aircraft," CEO Tom Enders said. "The target is 12. I confirmed it two days ago, I confirm it today."
Enders spoke at a ceremony in the southern French city of Tolouse marking the hand-over to Australian carrier Qantas Airways of the first of the 20 A380s it has on order.
At least almost two tons of salak fruit (also known as snake fruit ) being export from Indonesia to China every week, after China had opened their tropical import permits since 4 September 2008.
According to the exporter many of China citizens are like very much of salak fruit and it has estimated the quantity export of salak fruit will grow every year to China. Currently the salak fruit which can be exported to China is only the cultivar salak pondok from Yogyakarta province/plantation, while the other provinces can not export yet.
Indonesia Agriculture Department has trained the salak pondoh fruit farmers in Yogyakarta to produce salak fruit which fullfil the China health and quarantine regulations.
At the first time salak pondoh fruit exported to China, there are only 80 plantation that the production can be exported to China, but nowdays there have been 560 salak pondoh plantation which the productions are exported to China.
Department of Agriculture has plan to develop not only the salak pondoh fruit from Jogjakarta, but also the salak fruit from other province such as Bali, Magelang, Banjarnegara, and Aceh which can be exported to China.
Although the salak fruit is a native tropical fruit from Indonesia, but it is possible the other Asian countries try to "steal" the seed from Indonesia and develop on their country which after that claimed as their original product, as said by Mr. Syukur Iwantoro head of Quarantine Agency Department of Agriculture.
The airline company Lion Air remains optimistic despite the current global crisis. They will bringing 5 Boeing 737-900 ER aircraft until the end of December 2008 from total 178 aircraft that have been ordered. So that total Boeing 737-900 ER aircraft will be operated by Lion Air until the end of this year is 17 aircraft.
Until the end of this year (2008) Lion Air and Wings Air will operate 49 aircrafts, consisting of Boeing 737-900ER, Boeing 737-400, Boeing 737-300, MD-90, MD-82, and DASH-8. All the aircrafts are operated to serve both domestic and regional flight.
The accelerating to order of 5 Boeing 737-900 ER aircraft is to anticipate the high demand during the holiday season especially Christmas and New Year 2008. All the airplanes will be operated to serve domestic flight, such as Banda Aceh, Medan, Padang, Palembang, Pekanbaru, Yogyakarta, Surabaya, Balikpapan, Banjarmasin, Makassar, Manado, Denpasar, and other cities.
The incoming aircraft has advantages compared with the previous aircraft, which are equipped with inflight entertaiment, such as, a TV monitor. "This facility is as additional services and to provide entertainment or spectacle to passenger, especially with a long flight hours," said Director of General Lion Air Edward Sirait.
One of the Indonesia airline company - Mandala Airlines - had added three aircraft fleet of Airbus 320. These aircrafts will be used to strengthen the four new routes return once a day.
"With these three aircraft, on December 2008 will add the flight frequency to Jambi, Batam, Pangkal Pinang, and Padang by using the new Airbus A320 aircraft," said the CEO of Mandala, Warwick Brady (Jakarta, Wednesday, 10 December 2008).
The above four routes would be able to serve by two return flights. With this additional frequency, Mandala Airline will be able to provide 150,000 seats during the holiday season in December 2008 and January 2009.
Additional extra flight was well prepared for the main route across Indonesia such as to Yogyakarta, Denpasar, Medan and Pekanbaru. Mandala increase the flights frequency due to high demand on these routes.
"We have received many requests from our passengers to increase the number of flight frequency on these routes, with affordable price," Warwick Brady said.
He added, new routes to Jambi and Pangkal Pinang was opened on 21 September. These new routes was added due to very good growth of number of passengers flying to the city of Jambi and Pangkal Pinang. Mandala load factor Mandala for these routes is more than 90 percent.
From Batam to Surabaya, Medan and Padang, Mandala provide daily flight for each route. While the Batam to Jakarta route, Mandala provide twice flight a day. To aticipate the air transportation needs in the high season period, Mandala Airline has been providing the extra flight to several major routes such as Yogyakarta, Denpasar, Pekanbaru and Medan.
Changhong Group Ltd.., is China's manufacturers which produce electronic equipment, will planning to build a factory in Indonesia with worth around U.S. $ 11 million, or approximately IDR 130 billion.
Chairman of the group, Zhao Yong, on the press conference last week said, Indonesia will become a Changhong production base market in Southeast Asia. The options to invest in this current sluggish world economy, was the result of the study after the success in Indonesia market for almost 10 years.
Changhong entered Indonesia in 1999 by build PT Changhong Electronics Indonesia. They have a factories with capacity around 350,000 television sets, 150,000 air-condition, 300,000 DVD player, and 100,000 digital network products per year. Changhong is one of China's electronic group amongst 500 bigger company in the world.
Sony Corp. said on Tuesday (9/12/2008), has reducing around 8,000 employees and aslo will close several factories. This policy is part of the business overhaul in connection with the trend of declining global economy.
This giant electronics producer said, planned to reduce the total manufacturer about 10 percent, reducing investment in electronic business about 30 percent, and withdraw from a number of business areas that are not profitable.
"Various initiatives such as a response to the sudden and rapid changes in world economic conditions," said the Sony in a statement.
The third largest airline company in Europe - British Airways Plc - will plan to cut more than 100 employees in London Gatwick airport. They plan to reduce their services by 15% in mid-2009.
The number of aircraft that will operate, become more slim. From 41 aircraft, will operate 37 aircraft only. With the reduction of 4 units of this aircraft, then the employees will be automatically will cut off.
"We have been talking with staff and unions, that we will reduce 15% of employees in the upcoming summer." said British Airways Plc through their statement. This airline intends to issue the termination of employment voluntary program at the end of this year to start cut off the ground operation staff with the number more than 100 people.
Actually British Airways Plc have discussed with Qantas Airways Ltd.. Australia last month, about the mergers plan. However, this plan have not found the end point yet.
The number of passengger which using this airline also have been reduced as much as 5.9% in November 2008 because of the economic crisis began spreading to business travel. Moreover, the ratio of seats filled also decreased 2.2% to 74.4%.
Indian automotive producer Tata Motors Ltd. and Mahindra & Mahindra Ltd. will close the factory for six days in December 2008 because of weak demand of vehicles which affected by the tight financing in the middle of a slowing economy.
The leading vehicle manufacturers in India, Tata Motors, planning to close the weighing vehicle factories in East India for six days as said a spokesperson for Tata.
It is said that at the beginning of this week Tata has decided to close the commercial vehicle factory in Western India for three days.
Tata Motors, the leading producer for the bus and truck, stated that vehicle sales in November dropped 30 percent to 32,696 units.
Meanwhile, the tractor manufacturer and the largest utility vehicles, Mahindra, states, most of the factory will close up to six days in December due to decreased demand. "Considering the decline in demand, the company decided to stop production to match demand for this December," he said.
Mahindra, which has joint venture with Renault to produces the Logan sedan, stating that the vehicle sales in November decreased 39 percent to 11,273 units.
The container shipping industry is closely correlated to the health of the world economy. Shipping freight rates have fallen this year as major economies such as Germany and Japan slipped into recession.
Major international shipping companies have already announced more than 3,000 job cuts in an effort to reduce costs in the wake of the increasing financial crisis that continues to adversely affect shipping operations.
Neptune Orient Lines as the world's seventh-largest container carrier will cut about 1,000 jobs, or around 9%, of its 11,000 jobs positions globally as part of efforts to reduce costs. The majority of the cuts will take place in North America because of the higher operating cost base. It also plans to relocate its Americas headquarters from Oakland, California, to a cheaper base elsewhere in the U.S. About 50 staff members will also be eliminated from its Singapore branch.
The container shipping business, APL, will reduce capacity in Asia-Europe trade by about 25 percent and in transpacific trade by 20 percent, measures that will save $200 million in costs next year. While analysts were positive about NOL's move to cut costs, they expected NOL to incurr losses over the next two year as the shipping industry faces a double-whammy of slowing demand and growing supply.
NOL also issued a "grim" outlook for the next year and said it did not see a recovery in the near-term. "This refelects our considered view that what we are seeing goes beyond a normal cyclical downturn", Chief Executive Ron Widdow said in a statement. NOL, which is 66 percent owned by Singapore state investor Temasek Holdings, last month posted an 82 percent plunge in third-quarter net profit to $35 million and forecast an operating loss in the fourth quarter.
However, shipping companies based in the Middle East are yet to tread the same path (job cuts ) since their operations have not been hit hard. "It is true that no one will escape the impact of the current financial crisis, but I do not see any companies in the region downsizing staff as a cost cutting measure at the moment," said Abdullah Al Shuraim, Chairman of Gulf Navigation Holding (GNH). "No one knows when the crisis will end but we are lucky in the region that its impact is still minimal."
The move followed the sharp decline in freight rates because of dwindling consumer demand in the United States and Europe, and as the letters of credit (LOCs) that formed the lifeblood of trade financing throughout Asia lost their power to deliver the goods. According to Ahmed Essa Hareb Al Falahi, CEO of Gulf Energy Maritime, it will be difficult for companies in the region to downsize their staff especially that there has been a shortage even before the crisis.
"The biggest challenge for the industry even before the financial crisis set in was the acute shortage of marine staff, especially when new and bigger vessels started entering the market," said Al Falahi. He said the industry was in shortage of more than 100,000 marine staff given the huge tonnage that was expected to enter the market by 2010.
"I think the current slowdown should be good news for the industry since the need to recruit more staff is declining. I believe companies will take it as an opportunity to consolidate and improve skills of their staff rather than sack them."
James Wheeler, a shipping analyst in Dubai pointed out that shipping being a cyclical industry, it would not be wise for companies to cut down staff as they might be needed during an upturn in business. "It takes several years to train good marine staff and once they leave, it is not easy for companies to find a replacement. Unless a company is winding up its operations, it does not make sense to get rid of your good staff," said Wheeler. He said that the many companies in the dry bulk and container sectors were at the verge of bankruptcy following the persistent decline in freight rates, but added that the tanker market will continue to be healthy.
Until now, Indonesia and Australia is still the country's largest coal producer in the Asia Pacific region and in the future there are three major projects work on by Indonesia to develop the processing of coal, namely Coal Faction, Coal Gasifaction and UBC (Upgraded Brown Coal).
UBC is a factory to improve the quality of coal from a low rank coal which have the same nature with a higher level. This is intended to meet world energy needs, considering the majority of coal-owned Indonesian still rank low calorie.
UBC technology is expected to be able to produce cleancoal that can maintain stability in energy supply needs. Coal with the results of the high value of calories and very low of water and pollution is suitable to the needs of domestic and foreign (export).
The operation of the UBC technology on Satui, South Borneo intended as an example of the first UBC factory in Indonesia even in the world. If it technically able to develop better in the long term will begin to be developed as a commercial factory.
UBC pilot factory is use for research, development, and also for training for the new operator. UBC pilot plant products will also be used to test the characteristics of the coal results of the UBC, including test burning boiler that uses both in Japan and in Indonesia, precisely in PLTU Suralaya and Tarahan. The goal of this pilot plant UBC is become a commercial factory in late 2009 and in will be five times larger from current factory in 2010.
The uncertainty of tariffs and components, collusion between the port providers service, and breach of the agreement on import tariffs for the service Less Container Load (LCL) is still frequently occur in the Lini II, Tanjung Priok, Jakarta. This causes had make the high-cost which should paid by the exporters and importers and impact to lower down the competitiveness.
The port user such as importers often charge higher more than had agreed by the Joint Expedition Forwarder and Indonesia (GAFEKSI) and the Association of Corporate LOADING / UNLOADING Indonesia (APBMI) on 28 May 2007.
Based on Article 3 paragraph 1 of the agreement, the importer and exporter should charge only nine parts of the tariffs, but the actual, component tariffs imposed is more than nine items. This often happens due to the enforcement of the law is still weak. Port administrator, who actually have the authority to take legal action against the violations that occurred when this was still not provide sanctions or any warning.
Meanwhile, the uncertainty of tariffs and the components of the Minister of Transportation Decree No. KM 72 2005, Article 1 paragraph b3, which set the tariff problem, is a multi interpretatif, which in turn is used by service providers to determine the scale and reducing costs that are not clear such as the cost of the extra movement, change of status, and other ". We can not do anything, other than pay. We fear our goods will 'hostage/hold' and also will disturb the smoothness of the business," said Chairman of the IEI, Amalia Achyar.
The collusion between port service providers such as warehouses company, and the stevedoring company (PBM) occurred because importers can not choose directly the warehouse desired. Nonetheless, the warehouse providers company can determine the different renting price of the same warehouse. Importers can not choose the "A" warehouse, although this "A" warehouse is cheaper. Port service providers always harbor transaction in the unilateral determination of the warehouse, without the involvement of importers. Importers are in the weaker parties, and soft targets to be the provider of port services.
Thus, both parties will provide recommendations to the government to revise the memorandum, which can be accommodating the interests of all stakeholders of the port, such as forwarder, the stevedoring company, port administrators, businessman, shipping company, and others. The Government also needs to define types, classes, and tariff components should be imposed for the container service on Lini II, so the clarity and legal certainty can be guaranteed.
The Indonesia export value of October 2008 is down 11.61% compared to the previous month, or only U.S. $ 10.81 billion. It seems it because of the negative impact of the global financial crisis is really in front of the eye.
"From the data clearly seen if the decline occurred both in volume and in prices. Almost all the price of commodity is decline on average 10-20%," said the head of the Central Statistics Agency (BPS) Rusman Heriawan in Jakarta, yesterday.
The decline occurred in the sectors of rubber and rubber goods, while the increase occurred in the export of minerals, including agricultural products, which are still quite good. Decreasing also occured in the coal, brown, Copra, CPO, rubber, copper and tin.
The Indonesia government will continue to pump out the export growth. One is trying to change the export market countries to Latin America countries such as Brazil and Mexico.
As for starting to explore the market, Minister of Trade Mari Pangestu, have signed trade agreements with these two countries. "We have signed the agreement with the countries of Brazil and Mexico," said Mari Pangestu.
With this agreement, according to Mari Pengestu export taregt to this country can exceed the current export. "It would be increased," she said. Unfortunately she did not want to disclose how much the export target to these two countries. Export value to Brazil, currently have reached US$ 2 billion. Meanwhile, to Mexico, the new Indonesian export only U.S. $ 300 million.
Products that will export by Indonesia to Mexico and Brazil are rubber, biofuel, soybeans, ethanol, sugar and other agricultural products.
Head of the National Export Development Agency (BPEN) Bachrul Chairi said that cooperation with the countries that signed it will be pump out the export growth in each country. "No will protect their mutual trade," said Bachrul. Currently, Brazil is accusing Indonesia for dumping issue of Indonesia's textiles.
As result of this cooperation is also alleged dumping textiles from Brazil is being reviewed for revoked. Mari Pangestu have successfully facilitate the businessmen in the investigation stage. According to some businessmen who are accused of textiles have been able to enter the market again without brasil affected anti-dumping duties. "The Portuguese-speaking fill out the form," said Mari Pangestu.
Meanwhile, the issues for Brazilian meat imports, Mari Pangestu not want to talk much. Because it will be discussed in the framework of wider cooperation. "It continues to be discussed," she said.
Indonesia will import a beef from Brazil by perform an examination and strict supervision. So far, a number of parties has reject the government's policy to import a beef from Brazil because this country had been affected by outbreaks of mouth and nail disease. But now, Brazil is free of mouth and nail disease also more than 100 countries has import high-quality of beef from this country. Australia and New Zealand which export beef to Indonesia also imported from Brazil.
Indonesia continue to develop and enhance the technology of cows, so it can reduce the beef import. Agreement of cooperation research and development is also done with Brazil last wee during a visit by President Susilo Bambang Yudhoyono. Port of entry point is limited, i.e only the Tanjung Priok and Tanjung Perak, for easy to control. In addition, there will still control as usual on agricultural commodities and livestock imports. Indonesia had reproves by World Trade Organization (WTO) because reject to import a beef from outside of Australia and New Zealand.
The import of meat from Brazil must meet strict conditions and requirements, such as boneless meat and meat comes from the state that is free of mouth and nail disease. The government will revise the policy, which include the import of meat must come from countries that are free of disease. So far, meat was import from Australia and New Zealand because these two countries has declared free of mouth and nail disease by the World Animal Health Organization (OIE / Organization Internzionale des Ephzoties). Other countries that free of PMK is Thailand, the United States, and Canada
German Central Bank estimates the ongoing recession in 2009, Governor Axel Weber said on Wednesday (26/11), after the government said that the depreciation can not be overlooked.
"In the annual average, I now predict negative growth," Weber said in a release commenting before his speech in Berlin.
The central bank, or Bundesbank, will release an official estimate of the projected activities of Europe's largest economy is on 5 December, he was writing.
On Tuesday (25/11), German Finance Minister Peer Steinbrueck admitted officially for the first time the German gross domestic product (GDP) down to 1.0 percent next year.
Germany officially entered the first since the 2002-2003 recession in the third quarter of this year.
Picture source : http://www.topnews.in/files/bundesbank-logo.jpg
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Indonesia will build a 142 biofuel industry until the end of 2009 to fullfill the vegetable fuel both domestic and abroad.
The raw materials for biofuel is potential ehiugh in Indonesia, which comes from palm oil. Indonesia's CPO production each year ranges from 18 million tons, while domestic demand for oil around 6 million tons of CPO each year.
Estimated in 2009 the biofuel industry which use biofuel will grow and develop in Indonesia. According to Indonesia's strategic plan, the use of biofuel will cover five percent of the total fuel in 2025.
The decrease CPO price affected the fresh fruit bunches price because of weakening demand in export markets such as the United States become a source of financial crisis.
This condition may continue to occur one to two years. Palm oil can be processed into raw materials or other products up to 70 species. In addition, the industry's biofuel users also continue to market digenjot CPO remains high.
China, will increase the CPO consumption from approximately 3.5 million tons to five to 10 million tons each year. The EU is also targeting the increased use of bio-diesel from 4.8 million tons to be 14.8 million tons in 2010.
Currently for various purposes Indonesian palm oil still need 119 units of palm oil mills (MCC), with a capacity of 30 tons per hour TBS. Nowdays there are 419 new units of MCC in Indonesia.
The financial crisis which estimated become worst at 2009, has make Garuda Indonesia airlines to prepared the efficiency of fuel cusomption. The BUMN's Airline has avtur saving's plan throughout the year by 3 percent.
Director of Operations of Garuda, Mr. Ari Sapari said, some of the efficiency programs are on technical flight, carry-on baggage restrictions and how to put the goods in baggage. "If the program is successful, then the savings could reach 3 percent of the fuel," said Ari Sapari when signing of the SMS cooperation between Garuda crew Tbk and PT Telkomsel in Jakarta, Wednesday (26/11).
Although only 3 percent, said Ari, when measured by the amount of fuel used by airplanes Garuda is very large. According to the plan Avtur use in 2009 is 900 million liters.
With the efficiency of the plan, the estimated Avtur used can be reduced 873 million liters, or a stint of 27 million liters.
Airline AirAsia X is targeting expansion of sales to one billion U.S. dollars at the endof 2010, although the global economy is slowing. AirAsia X is a subsidiary airline AirAsia, which serves the flight distance.
"After two years of operation, next year, our sales will reach one billion ringgit or 276 million U.S. dollars," said Chief Executive Officer of AirAsia X Azran Osman Rani, on Monday (24/11).
Until the end of this year, AirAsia X flying to Gold Coast, Perth, Melbourne (Australia), and Hangzhou in China, will post sales up to 362 million ringgit.
"From the end of this year until 2013, we will be flying to 30 new routes, in line received 25 aircraft Airbus A330-300," said Azran. It is said that AirAsia X expects flying to five cities in Australia, 4-5 cities in China, 3-4 cities in India, 1-2 cities in Korea, and 2-3 in the cities of Japan and the Middle East.
According to Azran, AirAsia X has made Southeast Asia, as cities in Australia and India, countries with the Far East, such as China, Korea, and Japan.
The Qantas Airlines has announced the reduction of capacity, which is driven by the decline in passenger demand due to the global crisis. Qantas profits are predicted decline due to of this crisis condition.
"Carrying capacity of our aircraft transport in six months, will be four percent lower than the carrying capacity on the same period in 2008," said Chief E xecutive Officer Geoff Dixon, on Tuesday (25/11) to the AFP news agency.
Dixon also emphasized, Qantas will suspend its plan to lease two aircraft Airbus A330-200 aircraft to replace their other. "World flight in a situation that can not be estimated," he said.
Qantas profit before tax in fiscal year 2008 that ended 30 June 2009 is estimated to be 500 million Australian dollars (equivalent to 324 million U.S. dollars). Far lower than the profit of fiscal year 2007 reached 1.41 billion Australian dollars.
The global economic crisis that lasts up to now not affect the performance of export and import of Indonesia yet. Due to, in the short term, export import is still confident.
For example, in the period of January-September 2008, the export and import reached 107.7 billion U.S. dollars, or 29.69 percent increase compared to the same period in 2007, as result of Implementation of Policy Coordination Forum of Foreign Trade meeting which held in Jambi, Friday (21 / 11).
From the total value of exports and imports in the period of January-September 2008, the non-oil/gas export reached 83.3 billion U.S. dollars, or 23.36 percent increase. However, the export growth (August-September) is estimated to be slightly decreased or will happen until the end of this year.
"Although the export growth is decelining, the non-oil/gas export target 12.5 percent is optimism can be achieved," said Kasubdin of Foreign Trade's Jambi, Zainal Abidin who participate in the formulation team.
Meanwhile, the imports value in the period January-September 2008 reached 101.1 billion U.S. dollars consist of the oil/gas import of 25.9 billion U.S. dollars and import of non-oil/gas 75.2 billion U.S. dollars.
Contribution of the total imports of raw materials, especially the auxiliary (78.1 percent), capital goods (15.2 percent) and consumption (6.7 percent).
Other results from the meeting is also concluded that if the global economic crisis continues in the long term, target non-oil/gas export Indonesia in 2009 should be returned to anticipate the situation and respond to the policy of economic crisis on the global trade.
For example, maintaining the export by giving a guarantee against the risk of payment from the buyer, strengthening the export of crude palm oil (CPO) to zero percent, and prevent the illegal import of garment, electronics, food, toys and children's shoes. Also, the government must improve monitoring of goods circulating.
Riau Andalan Pulp and Paper (RAPP) announced on Friday (21/11), forced to non-job thousand employees and impose to terminate of thousand employees. "This is to ensure the operational sustainability," said Director of Home RAPP Rudi Fajar.
Related to that policy, Rudi also said since 2007, the RAPP operational activities was constraint of wood supply. Until now, there is no certainty guarantee of sufficient wood supply in order to maintain a stable level of production and efficient.
"The cause is the main difference in interpretation of the regulations in the forestry department between the government and bureaucratic obstacles in the permit," said Rudi.
In addition, the decline RAPP also the amount of production and high production costs. This is related to the global economic crisis at this time.
Previously, the service contractors of RAPP which not extend the contracts, have to do to terminat thousands of employees, in connection with the supply of wood materials crisis and the policies are effective RAPP.
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The Japan Airlines and All Nippon Airways decided to reduce fuel sucharge start next year. Decisions taken in line with decreasing of Avtur fuel price.
In the next three months starting from 1 January 2009, Japan Airlines and All Nippon Airways will cut the tariff surcharge of 4,000 yen to 2,500 yen quivalent with 25 U.S. Dollars.
While the fuel surcharge for flights to North America, Europe and the Middle East declined from 33,000 yen to 22,000 yen. Currently the avtur fuel prices is average 115.92 U.S. Dollars per barrel, on August to October period. We want our customers also enjoy a decrease in the price of fuel, said All Nippon Airways management, as cited by news agency AFP on Monday (17/11).
Japan Airlines and All Nippon Airways has been gradually raising the fuel surcharge on 18 August 2008, as the increase in jet fuel prices, which hit airline in the world.
Agriculture Minister Anton Apriyantono is scheduled to promote the raw palm oil (CPO) in front of government officials, businessmen and non-government organizations (NGOs) of China in a seminar "Industrial Development of CPO in Indonesia" in Beijing on 24 November 2008.
"The presence Mentan Anton in the seminar as an effort to promote Indonesia's CPO in front of government officials, businessmen and NGOs in China," said Trade Atase RI Beijing, Imbang Listiyadi in Beijing, Saturday (15/11). According to him, attendance will be important and strategic to deliver in depth about the benefits and the situation in the Indonesian CPO industry to the authorities in China.
China itself, he said, is to become one of the largest CPO importer of Indonesia so that the delivery of information by Anton Mentan future will be very important and strategic.
"China is one of the largest importers of Indonesian CPO original value is very large," said Imbang without mentioning the import value each year. Similar activities have also done the previous Mentan Anton to a number of cities in Europe such as the Hague, London and Berlin with a target to promote Indonesian CPO.
Counterbalance to the presence of Anton Mentan coming to Beijing is expected to be convincing government officials, businessmen and NGOs about the Chinese presence that CPO prices are falling lately.
If the China's officials, businessmen and NGOs believe in the Indonesian CPO, he said, in the future Indonesia's CPO export is expected do not have obstacles or interference, such as with a number of parties to boycott the origin of Indonesian CPO is also Malaysia.
The Atdag Beijing currently has invited more than 60 government officials, businessmen and NGOs of China to attend the meeting with Mentan Anton.
15 countries using the euro currency has been officially declared in recession in. Recessionary conditions are determined by reviewing the decline of economic growth in 2 successive quarter of the financial crisis and declining consumer price index.
EU statistical data published Friday (14/11) showed economic growth in the euro zone shrink 0.2 percent in the third quarter and the second when compared to the previous quarter. Negative economic growth in 2 successive quarter is the usual definition used to describe the condition of recession.
The two largest economies in the country euro zone - Germany and Italy - has been in recession. France is almost an escape from recession, economic growth is only 0.1 percent in the third quarter after the wane in the second quarter.
Sluggishness consumerism and tight credit have an impact on the decrease in sales of vehicles even though euro zone inflation is relatively stable after reaching a record high.
During the EU Executive Commission is not there to see the increase in unemployment in the euro zone. However, the EU Executive Commission estimates that number will be increased gradually in the coming few months.
This is the first recession since the euro currency was launched in 1999 when the European Central Bank to take over the interest rate. The last major recession that a number of European countries, held in 1993 when each individual country is unable to control monetary policy and take action to overcome the economic problems.
At this time the raw palm oil price has predicted reach the limit of the lowest price. Therefore, it is expected that in the last two months in 2008 the price of CPO will be increased.
Acceleration of using bio-diesel and replanting of 250,000 hectares of oil palm plants in Indonesia and Malaysia are the two main factors that will make the CPO price competitive.
Vegetable oil analysist, which is based in Hamburg, Germany, Thomas Mielke, revealed that in Kuala Lumpur last week. He explained, the implementation of biodiesel on a large scale will slowly reduce the influence of fluctuations in crude oil prices of CPO.
According to Mielke, CPO prices are not moving in line crude oil prices since the second semester 2007 to first semester 2008. CPO price which lower 60 percent than soybean oil prince, intended to encourage demand for CPO.
At the end of October, the price of CPO in Malaysia are on the lowest point during the last three years, US$ 375 per ton. This price is drop almost 70 percent from the peak price in March.
In Jakarta, Monday (10/11/2008), Chairman of the Joint Entrepreneur Daily Kelapa Sawit Indonesia (Gapki) Derom Bangun said, the price of CPO during the two began to rise last week from Rp 4,100 to Rp 5,053 per kilogram. Industrial processing of raw materials CPO in Europe, which have reduced production due to the crisis, is now working again to meet orders at Christmas and New Year.
This situation had a positive impact on the CPO market, which became one of the raw material of soap, margarine, cosmetics, toothpaste, mixing until brown. "Exports to Europe gradually increased again," said Derom Bangun.
According to Executive Director of the Joint Industry Indonesian vegetable oils (GIMNI) Sahat Sinaga, the demand for CPO is gradually began to rise. This reduces the stock of CPO. Demand was weak because of lack of liquidity importers to buy the CPO.
One of the demand largest factors of CPO is the policy to mix 5 percent biodiesel in Indonesia and Malaysia. The current abundant stock of the CPO will absorb for biodiesel production in the future.
Increasing of the terminal handling charge (THC), is not considered to be in line with efforts to encourage exports in the middle of a global crisis. In addition, THC, which is always paid in the U.S. dollar should be set in the Indonesia Rupiah to strengthen the national currency in domestic transactions.
This view was raised by Chairman of Indonesian Garment Export Entrepreneur Benny Soetrisno and Chairman of the Board of Sea Transportation Service Users Toto Dirgantoro Indonesia, on Tuesday (11/11/2008) in Jakarta.
THC consisting of the container handling charge (CHC) and additional costs. On 1 September 2008, PT Pelabuhan Indonesia II, raise up the CHC tariff of 70 U.S. dollars to be 83 U.S. dollars for 20 feet. While CHC tariff of 40 feet from 105 U.S. dollars to 124.5 U.S. dollars.
In October, the Ministry of Transportation set the THC tariff in the Tanjung Priok 95 U.S. dollars for 20 feet and 145 U.S. dollars for 40 feet. Benny hope the current crisis is the momentum to lower down the THC cost, which has long been complained by the exporter.
"We proposed the THC tariff same as Thailand THC or at least 67 U.S. dollars for 20 feet. However, it must be determined in the rupiah, "he said.The great number of using US dollars for domestic transactions, are forced to hunt of the U.S. dollar. Exporter do not feel safe if they do not have a U.S. dollars stock. As a result, demanding for U.S. dollar transactions for the domestic is very high. Indonesia Rupiah currency weakened and vulnerable drag fluctuations in exchange rates. THC used by foreign shipping companies to pay the port facilities or local officials. In Thailand, the THC paid with Bath, "said Benny.
image source :http://img.diytrade.com/cdimg/355840/3149577/-1/1167875108/VSKY_INT_L_LOGISTICS_CORPORATION_CONTAINER_SALES_DEPT.jpg
Despite the economic crisis engulf the world, one of Indonesia local airline Sriwijaya Air will add as many as 10 Boeing aircraft until the end of April 2009.
Sriwijaya Air President Director Chandra Lie explain to journalists in Jakarta on Tuesday (11/11), in addition to serving routes to overseas, some of these new aircraft will also serve the eastern-route of Indonesia.
"These 10 Boeing aircraft is year 2000 above production in 2000 with 737-300, 737-400, and 737-700 series and will serve the new route to Bangkok, Singapore, and Madras. The a new route will begin to serve Jakarta-Singapore flight, on Dec 18 2008, "said Chandra.
He said that Indonesia's eastern route will also be served this new aircraft in April 2009 and all aircraft are already in Jakarta. "The funds used to purchase 10 aircraft is from the company's own internal funds," said Chandra refusing to mention the amount of funds.
"For time being we have not trusted from the bank yet, so the funds is from our own internal," he said. With this additional new aircraft, Chandra target number of passengers will reach 4,5-4,8 million people until the end of the year.
International Monetary Fund (IMF), Thursday, predicted economic growth will dwindle next year under the pressure of credit that forced European banks cut interest rates tribe. In the revised economic projections which made less than a month ago, the IMF said the economy in developed countries are now shrink 0.3 percent in 2009, after a previously estimated 0.5 percent growth. That is lower than the estimated growth of 0.8 points to be 2.2 percent.
"The prospect of world growth to worsen during the last month because of the chaos in the financial sector still continues and the producers and consumers trust is decline," said the IMF. "The production in the developed countries is estimated to have contraction for the full year 2009, the first decreasing after the war period," said the 185 financial institutions, a report in the performance of the world economy to October.
Next year, almost all economies in the developed countries will facing a contraction; U.S. (0.7 percent), Japan (0.2 percent), Regions of Europe (0.5 percent), UK (1.3 percent). Only Canada, which grew 0.3 percent.
Chairperson of the IMF economists, Olivier Blanchard, said will be lobbying the developed and the growing countries (G-20) for "expansion of the fiscal world."
The IMF's implementing director, Dominique Strauss-Kahn, will attend the meeting leaders of the G-20 financial end of this week in Sao Paulo, a high-level meeting before the G-20 that gathered U.S. President, George W. Bush, 15 November in Washington. Being asked which countries most expected to do the fiscal action, other IMF economists, Joerg Decressin, said, the U.S., Europe and especially Germany, and China.
European central bank (ECB) and Bank of England cut their interest in a dramatic escalation of efforts to prevent recession. When the ECB decided to lower down the loan interest of half a percent to be 3.25 percent points, the Bank of England also down 1.5 percent points to 3 percent, which according to the analyst is confusing and that the things are worse than previously thought.
"The current fear is more egregious situation can be estimated from the first," said Joshua Raymond, a strategic market in the City Index. UK economic is on recession phase after the collapse contraction in the third quarter for the first time since 1992 and the European Commission estimate that the same fate awaiting 27 EU countries at the end of the year.
ECB President, Jean-Claude Trichet, said he can not avoid trimming : "I can not avoid that we will again lower interest rates." Two other European countries that do not use the euro, Denmark and Switzerland, also lower interest rates. Canadian PM, Stephen Harper, said he will ask the leaders of the G-20 to make "selective improvement" on the national financial regulations and to agree to "some of the regulations is misleading and early warning at the international level ... not a large-scale improvements.
Leaders of Ukraine, Thursday, received from the IMF standby loan worth 16.4 billion dollars on Wednesday. IMF says will held a press conference on the standby loan to help Hungary 12.5 miilar euros (16.18 miliardolar U.S.), after more than 3,200 lost their jobs because of the financial crisis.
Expectations focussed on the new U.S. president, Barack Obama, to be able to fix the financial markets which destroy the market in Asia, Europe, U.S.. Wall Street plunged more than 5 percent, on Wednesday, while the Dow Jones Industrial Average down 4.63 percent at the end of the trading session and the Nasdaq declined 3.78 percent.
"After shining subsequent presidential election .. it is not prolonged," said Patrick O'Hare at Briefing.com. "Wall Street cast a little time to restore attention to the economic slump and the focus is still deceive."
In Europe, the index of leading stock on the London FTSE 100 down 5.70 percent, the CAC 40 in Paris down 6.38 percent, and Frankfurt DAX down 6.84 percent. Hong Kong share prices closed 7.1 percent lower, Seoul down 7.6 percent, and the Nikkei in Tokyo anjlok 6.53 percent. The impact of a decline in Japan, the second largest economy in the world, visible when Toyota cut the estimated annual profit of more than two-thirds. Toyota said net profit is now estimated down 68 percent, the fisrt decline during the nine years. The financial crisis, had a negative impack on the real economy in the world, and automotive markets, especially in developing countries has a contraction very quickly, "said Toyota executive vice president, Mitsuo Kinoshita.
"This is a difficult situation to estimate."
Starting Friday (7/11/2008), until February 2009, Emirates airlines to add 31 flights each week to India. Total capacity increased to 163 flights each week.
This airline will introduce flights five times a day to Mumbai, three times a day to Hyderabad, and twice daily flights to Kochi. In addition to the three cities, also serve Emirates flight to New Delhi, Chennai and Bangalore.
Salem Obaidalla, Emirates Senior Vice President, Commercial Operations, West Asia, Indian Ocean and Africa said, "With freedom to anticipate the flight in the territory of India and the growth of air travel demand will be, Emirates expand presence in India."
The Singapore Airlines (SIA) has announced on Thursday (6/11/2008) its net profit in the second quarter of fiscal year 2008 decreased 36.2 percent from the previous year and is estimated to continue to decline because of increasing global economic crisis.
Airline revenue is 324 million Singapore dollars (218 million U.S. dollars) during the three months to October 2008, down from 580 million dollars.
Revenue reached 4.38 billion dollars, up 9.4 percent from the same quarter last year, but spending increased 20.3 percent to 4.15 billion dollars because of the increase in fuel prices, SIA said in a statement.
The airline said fuel expenditure to reach 1.92 billion dollars during the quarter, or reach 46 percent of total expenditures.
PT Garuda Indonesia estimate, the growth of international passengers, especially the passenger who use of this airline to Indonesia, will be disrupted in 2009 as the impact of the current global crisis.
"We estimate the impact of the growth of the inbound passengers (into Indonesia) will corrected," said President Director of PT Garuda Indonesia, Emirsyah Satar to the press after the signing of the MoU between the PT Garuda Indonesia with a legion Veterans of the Republic of Indonesia (LVRI) in Jakarta Wednesday (5/11/2008).
However, Ermirsyah asserts, the correction growth, particularly because the currency of Garuda countries flight market such as Korea, Japan and Australia, had been depreciate significant as impact of global crisis. "The figure around 25-35 percent. This is significant and can affect the ability of purchasing power, including the need to travel," said Emirsyah.
Meanwhile, the domestic growth relatively no effect. Moreover, the condition tends to improve because, in 2009, the situation benefited by the political parties and democracy in 2009 elections and form the spirit of regional autonomy.The business operating profit this year is estimated to exceed the target of Rp290 billion.
Garuda's debt to foreign creditors and a number of countries in the current value reached 763 million U.S. dollars. Details, among others, Garuda debtor to the European Export Credit Agency (ECA) of 510 million U.S. dollars, and to some holders of debt (promissory notes) 130 million U.S. dollars. In addition, Garuda also have a debt to the Export Development Canada of 12 million U.S. dollars.Not only that, this airline is also had debt to the holders of mandatory convertible bonds (MCB), such as Bank Mandiri, Angkasa Pura I and II, which amounted to 131 million U.S. dollars.While the rest, about 100 million U.S. dollars is the amount of debt to creditors in other countries, namely, BRI, BNI, and Pertamina.
DHL Exel Supply Chain Supply Chain, a business unit of DHL, announced the start Tuesday (4/11/2008) started operational activities in their new warehousing facility in Cikarang, West Java. Warehouse is built on land wide 32. 000 square meters in area industry Silicon Delta II, Lippo Cikarang, Bekasi.
Warehouses for the closed storage area around 18.000-square meters and open storage area around 2,400-square meters. DHL has invested more than 3 million euros in this warehousing facilities. The warehouse, began to be built since March 2008.
This new facility allows DHL to provide better service to customers and to expand the domestic distribution network and will become one of the largest facilities belonging by DHL Exel Supply Chain in Indonesia.
Warehouse was design tailored to the needs of the customer supply chain.Equipped with the best facilities for handling the goods both incoming and outgoing. Also, supported by the computerized warehousing system to facilitate warehouse operational systems, documentation and inventories of goods.
Unloading facilities are available to facilitate the unloading of vehicles at any time; shelves storage of goods also provided to store the goods in large quantities and need special treatment.
Now, DHL Exel Supply Chain Supply Chain Indonesia operates more than 15 warehousing facilities in Indonesia with a total area of 100,000 square meter. Most of the warehouse, located in Jabotabek (Jakarta, Bogor, Tangerang and Bekasi) to support DHL customers that need wide variety of industry sectors, such as consumer, retail, fashion, technology and automotive.
DHL network spread in more than 220 countries around the world. More than 300.000 employees work for DHL to provide a fast and reliable so that they can exceed the expectations its customers.
Indonesia's export value in September 2008 decreased 2.15 percent to 12.23 billion U.S. dollars compared to August 2008, which reached 12.49 billion U.S. dollars. If compared with September 2007, exports increased 28.53 percent.
The decrease of export value compared with the previous month, caused by declining oil exports 17.13 percent, from 2.94 billion dollars in August 2008 and a 2.43 billion dollars in September 2008. The decrease of oil is driven by a decline in crude oil export 14.50 percent to 1.01 billion dollars, the export of oil output down 39.05 percent to 234.7 million dollars, and export the gas down by 13.23 percent to 1.19 billion dollars . This is because the price of crude oil from Indonesia in the world market decreased from 115.56 dollars per barrel in August 2008 to be 99.06 dollars per barrel in September 2008.
Meanwhile non-oil/gas export has increased by 2.45 percent from 9.56 billion dollars in August 2008 to be 9.80 billion dollars in September 2008. Increased export of non-oil/gas largest in September 2008 occurred in the oil and animal fat / vegetable of 303.0 million dollars, while the largest decrease occurred in the fuel minerals of 191, 2 million dollars.
Non-oil/gas export to Japan September 2008 the largest number reached 1.24 billion dollars, followed by the United States 1.23 billion dollars and Singapore with 795.1 million dollars contribution was reached 33.26 percent. Are exported to the European Union (27 countries) of 1.28 billion dollars.
The cumulative export value of Indonesia January-September 2008 reached 107.65 billion U.S. dollars or increased by 29.69 percent compared to the same period in 2007, while non-oil/gas exports reached 83.31 billion dollars, or an increase of 23.36 percent.
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