The President PostT H E S P I R I T O F I N D O N E S I A www.thepresidentpost.com

March 2013Vol. 2 No. 3

IDR 20,000

ENGLISH EDITION Twitter: @President_Post Facebook: The President Post

PROFILETitus Leber:Borobudur Multimedia and Interactive Project Ready to Astonishthe World– Page A3

INFRASTRUCTURE18 MPA Projects Accelerated by 2014The MPA Master Plan covers 45 infrastructure projects that are targeted to be completed in 2020. Of the total projects, the government and JICA has set 18 fast track projects to have their construction works undertaken no later than 2014. – Page B4

CULTUREJavanese Princess Murtiyah Gets Fukoka Prize for Preserving Culture– Page C5

Chairman of Louis Vuitton Visit to BorobudurChairman of Louis Vuitton, Philippe Fortunato, visited the Borobudur Temple, January 25. Philippe Fortunato was accompanied by Emmanuelle Guillon, Communication Director of Louis Vuitton. They admired the architecture and the beauty of Borobudur temple while listening to the explanation from Titus Leber, Producer of Borobudur multimedia project and Purnomo Siswoprasetjo, President director of PT.TWC Borobudur, Prambanan and Ratu Boko.

Jokowi, Top Businessmen SetTo Take on Jakarta’s Problems

• Traffic jams – Previous ad-ministrations lacked focus inresolvingtheproblem.Jokowiblamed his predecessors forfailing to make the develop-mentofpublictransportationsystemstheirtoppriority.

The blueprint for a mono-rail has been in place since14 years ago, while that oftheMRT24yearsago. “I re-ally don’t know why noth-inghasbeendonesofar,”hesaid.“Buttwodocumentsarenow being prepared, and af-ter I approve them they canboth start. MRT will be fin-ishedby2017,themonorailintwoyears’stime.Jokowisaid

thathispredecessorsfailedtomakethedevelopmentofpub-lic transportation systemstheirtoppriority.“If themonorail,MassRapidTransit[MRT]andBusRapidTransit[BRT]systemswereallupandrunning,therewouldbemoremotoristsshiftingtopublictransportation.”

• Floods –Have occured since1932 but have been tack-led half-heartedly until now.Jokowisaiditwasa“blessing”thatheexperiencedfloodsinthe city as it allowedhim toknowtheinundatedlocationsandwhytheyhappened.“Ja-karta’s dams and floodgates

InadiscussiononJakar-ta’sproblemswithsever-almembersofIndonesia’sA-List of millionaires atthe President Executive

Club (PEC),BataviaTower, lastmonth, Jokowi said: “I visitednumerousslumareas tobetterunderstand the problems here,everything seemed too compli-cated.”“For example, all the banks

alongJakarta’s13riversareoc-cupied by squatters. There areserious socioeconomic dispar-itiesinthiscity.ThenumberofimpoverishedpeopleinJakartaexceed40%of its totalpopula-tionofaround10million.”

SomeofthemajorproblemsofJakarta, as Jokowi sees them,and the solutions that are un-derway:• Streetvendors–Thenumberreaches nearly 80,000, scat-tered over sidewalks, streetsand public space. “We haveputinorderstreetvendorsinSundaKelapa,CentralJakar-ta,butwecan’taffordtodis-tributecartsforfreeanymoreasthismayencouragemanystreetvendorsfromtheregionstocometoJakarta.We’restilldoingdatacollectingandwilldrawalineonthenumberofstreetvendors,”saidJokowi.

• Traditionalmarkets—Thead-ministration currently over-sees 153 traditionalmarketsand 20 relocation sites forstreet vendors, but only 15%ofthemarketshavebeenwell-managed.

JAKARTA(TPP)–JakartaGovernorJokoWidodo(Jokowi)welcomesJakarta-basedbusinesstycoonswhohaveofferedtohelphiminseekingsolutionstothecity’schronicproblems.

gestedthatJakartadothesamemethodandthatregulationsbeeased.Boenjamin Setiawan, co-

founder of Indonesia’s largestpharmaceutical company, theKalbe FarmaGroup, said: “Wewant to help as education andhealthareimportanttoimprovethe quality of our human re-sources.Iencouragetheadmin-istrationtousetheprivate-pub-licpartnership [PPP]schemetoimprove healthcare facilities inthecity.”“Buildingacityislikebuilding

aproduct,abrand,justlikePar-isthatiswell-knownasafash-ioncapital,”Jokowisaid.

CiputraGroupownerCiputra,Lippo Group founder MochtarRiady and SD Darmono aresomeofthewereclub’smemberswhoattendedtheforum.Amongtheclub’scofoundersareKom-pas Gramedia Group presidentdirector JakobOetama; formerdefenseministerJuwonoSudar-sono; Agung Podomoro GroupchairmanTrihatmaK.Haliman;andSahidHotelownerSukam-daniS.Gitosardjono.

are poorly maintained,” henoted.Thecityplanstobuild16m-diameter tunnels 40-60meters below the groundandabovetollroads,hesaid.Also,riverswillbeintensivelydredged.

In the discussion, SDDDar-momo, the president and CEOofPTJababeka,thelistedcom-pany that owns and managesSoutheast Asia’s largest indus-trialestateinCikarang,southofhere,said:“Wedon’tneedleaderswithfullofpromises;wewanttohaveleaderswhoarehonestandarepreparedtodefendthesmallpeopleinordertoovercomeso-cialdisparity.”

Hewentontosay:“Thepeo-plewillputupwithproblemsforayear,afterwhichtheywillraisequestions. I propose that wehaveashort-termplan,whichistoprovidehomelesspeoplewithbetter shelter in order to less-enslumareasalongtherivers,whichplaveswherepeopledis-cardtrash.Amid-term plan is tomake

improvements and and eventhinkaboutmoving thecapital

citytoanotherplace,headded.“In the long runwe need to

build100newJakartasthrough-outIndonesiain20yearssothatpeoplewouldnolongercometoJakartatoseekjobs,”saidDar-mono.

Mochtar Riady of the LippoGroupnotedthatSingaporewasaslumarea40yearsagobutthegovernment developed the is-land-stateblocbybloc.Hesug-

The President Post/Rians Rivco

Jakarta Governor in a discussion on Jakarta’s problems with several members of Indonesia’s A-List of millionaires at the President Executive Club (PEC), Batavia Tower, last month.

Senior Official Calls for IntensivePrivate Sector Role in Infrastructure

garan toll road (11km), andthe Cimanggis–Raya Bo-gor (3,7km).Under construc-tionaretheUngaran–Bawen,JORRW2Utara,Cikampek–Palimanan, and Nusa Dua–NgurahRai–Benoatollroads

• TheCikampek-Palimanantollroad(116km)issettobereadyby2014

• The Pejagan–Pemalang, Pe-malang–Batang,andBatang–Semarang(171,5km)couldbereadyby2014

• The Semarang-Solo toll road(72,64km) is set to be oper-ational by 2014. The Solo–Ngawi–Kertosono toll road(177,12km)wpuldalsobeop-erationalinthesameyear

• The Kertosono–Mojokerto(40,5km)tollroadisonly32%ready

• The Surabaya–Mojokerto(36,27km)tollroadisalreadyoperational since September2011

• The Ulujami–Kebon Jeruktollroad(7,67km)isexpectedtobereadybyAugust2013

Hermanto said road con-struction faces challenges intheformsoflandavailabilityasprices offered by land ownersexceedlandappraisalandcred-itdisbursement.HesaidthePUMinistryhas

proposed that a legal umbrel-la to conduct land appraisalsbeestablishedsothatpricesre-main fixedat the timeofpay-ment.Sucha legalcoverage isalso needed so that road con-struction can proceed accord-ingly.

Hermanto added thatmoreintensive coordination amonggovernment units are calledforingettinglandforroadcon-struction, as well as ease inbankcreditstounderwritetheroadprojects.SaidHermanto:“Weneedto

promotetheparticipationofre-gional governments, regenciesandtheprivatesectorininfra-structureprojectsbywayofthePPPfinancingmechanismandprovideincentivestoinvestors.

Inadiscussiononthenation’sinfrastructureheldatthePresi-dentExecutiveClublastmonthat theBataviaTower, Jakarta,,DeputyMinisterofPublicWorksHermantoDardaksaidthattheroleoftheprivatesectormustbe“maximized”bywayofthePub-licPrivatePartnership(PPP)con-cept.According to the Ministry

of Public Works (PU), the re-quired investment for 2010-2014amountstoRp1.923tril-lion(about5%ofGDP),ofwhichthe state budget (APBN) wouldprovideRp560trillion,regionalbudgets (APBD)Rp355triliun,stateownedenterprisesRp340triliunandtheprivatesectorRp345 triliun. As such there is ashortfallofRp323trillion.PUplanstoinvestRp689tril-

lion in infrastructure for 2010-2014, but the government canonly provide Rp 271,4 trillion(about40%).Theremaining60%(Rp417,6trillion)isexpectedtocome from joint ventures be-tween the government and theprivate sector and state ownedenterprises and companiesownedbyregionalgovernments.• Meanwhile, the followingtoll roadsareset tocomeonstream, namely: The Sura-baya-Mojokerto toll road(1,89km), the Semarang-Un-

The President Post/Reza Ganesha

If the monorail, Mass Rapid Transit [MRT] and Bus Rapid Transit [BRT] systems were all up and running, there would be more motorists shifting to public transportation.”Joko WidodoJakarta Governor

Hermanto Dardak

DOK. TWC

A2

Opinionwww.thepresidentpost.comMarch 2013 Vol.2 No. 3

PUBLISHED BY: PT Kawasan Industri Jababeka. Menara Batavia 25th FloorJl. K.H. Mas Mansyur Kav. 126 Jakarta 10220, Indonesia I Phone: (021) 572 7337Fax: (021) 572 7338 I Email: ceo@thepresidentpost.com

Printed by: PT Dian Rakyat

CEO & EDITOR IN CHIEF: Rachmat Wirasena Suryo I CONTRIBUTORS: Atmono Suryo; Jeannifer Filly Sumayku; Andri Marsetianto; Suyoto Rais; Paulus Khierawan; Hendra Manurung; Iqbal Alaik; Majalah RESPECTSREPORTER & PHOTOGRAPHER: Rians Rivco; Heros Barasakti I CIRCULATION: Seny RosgandasariLAYOUT & DESIGN: Mohamad Akmal I SENIOR MARKETING MANAGER: Donny MartinMARKETING MANAGER: Daniel Trioska I SALES MANAGER: Andrian Irawan

TO SUBSCRIBECall: (021) 572 7337

ENGLISH EDITION

The President PostT H E S P I R I T O F I N D O N E S I A

ASEAN SMEs to Strengthen Their Role in the Asean Economy

cro-small enterprises. With apopulationofsome240millionpeople,inIndonesiatheirexis-tenceandactivitiesarecrucial.Itisestimatedthattheycontrib-uteroughly60%ofIndonesia’sGDP.

ASEANs objectivesASEANisawareofthelarge

existenceofSME’sandconsiderthemasoneofthekeyelementsin the third pillar of the AEC(ASEAN Economic Communi-ty)by2015.TheyareviewedastheagentsforinclusivegrowthinASEAN.

ButasrightlyobservedbyDi-onisius Narjoko of ERIA (Eco-nomic Research Institute forASEANandEastAsia)“ASEANisclearinwhatASEANenvisionsforASEANSMEs.But it isnotso clear onhowASEANwouldachievetheirgoals”.

Thereareanumberofimpor-tantactivitieswhichcanbecar-riedoutbyASEANSMEs,espe-ciallymedium-sizedenterprises.Forexampleinthefollowingar-eas:• ASEAN integration. AEC(ASEANEconomicCommuni-ty)aimstostrengthenASEANeconomic integration insuchareas as trade, services andinvestment. It is precisely inthoseareaswhereSMEscanfindtheirbusinessopportuni-tiesthattheirroletostrength-en ASEAN integration couldbecomecrucial;

• ASEAN resilience. With theglobal economy caught ina financial crisis the SMEsshould also be ready to as-sist the ASEAN economy tostrengthenitsresilience;

• Innovative and competi-tive.Themediumenterprisesshould be ready to strength-entheirrespective innovativeand competitive position inthishighlycompetitiveworld;

AsiathepercentagesarenotfaroffASEAN’spercentages.

SMEs POSITION AND ROLENotmuchisknownaboutthe

SMEs; collective position (as agroup) in the ASEAN econo-my.Asstatedbefore,intermsofnumberstheyrepresentahugenumberofenterprises. It isnotclear about their amounts androle.ItisestimatedthatinIndone-

siaalonetherearesome52mil-lionofthem,spreadoutinvar-iousfieldsofactivities.Manyofthem are still counted as mi-

SMEs POSITION

WithASEAN’spop-ulation of some600 million peo-ple, SMEs (smallandmedium en-

terprises)takeupanimportantpositionintheregion.TheyareinfactASEAN’sbackboneofna-tionaleconomiclifethroughjobcreation, the establishment ofsmallbusiness,littleshopsandthereductionofpoverty.IntermsofnumberstheSMEs

far outnumber big enterprises.Morethan90%offirmsinASE-AN member states are SMEs.These enterprises also contrib-utesignificantly tothecreationof employment opportunities.Theirshareintheareaofforeigntrade,however,isstillminimal.Onecouldalsoadd thatSMEsshare to the country’s GDP islimited, ranging between 30%and50%.

According to the followingdata (source:ERIA), inmost ofASEAN countries SMEs takeupmorethan90%shareofallfirms. In the case of Indonesiathepercentageshareis98%.Itisassumedthat inotherdevel-oping countries, particularly in

By Atmono Suryo • SMEs closer cooperation.It is very urgent to organizeand develop closer coopera-tion among ASEAN’s SMEs,tobecomerealbusinesspart-ners (not competitors), andincrease intra-ASEAN eco-nomic relations (trade-invest-ment-services)whicharestilllimitedinscope;

• Supply chains.It issuggest-edbyERIAthatASEANSMEsbecomemajorpartsofregion-alandglobalsupplychainstothebenefitoftheASEANecon-omyasaregionalproduction-base.

CONCLUSIONThere is the urgent need to

strengthenASEANSMEs’collec-tivestrength.Ithasalsobecomeessential to implement ASEANprogramtoassisttheenterpris-esinsuchareasasAccesstofi-nance–Technologydevelopment– Promotion and FacilitationandHumanResourcesDevelop-ment.ASEANSMEshavethepoten-

tialtoplayamuchmoreimpor-tant role in strengthening theASEANeconomy,toensurethatASEANbecomesanotherpower-houseintheAsia-Pacificarena.

The writer is former ambassador to the EU

SUBSCRIBE NOW!YES! I WOULD LIKE TO SUBSCRIBE

The President Post

6 Issues

12 Issues

18 Issues

24 Issues

Rp. 120,000

Rp. 216,000

Rp. 306,000

Rp. 384,000

-

10%

15%

20%

Jabodetabek SAVE

PLEASE FAX THIS FORM AND PAYMENT RECEIPT TO: 021 572 7338FOR MORE INFO PLEASE CALL: 021 703 360 99 / 0812 8000 6090

PAYMENT METHODSPlease transfer to:

Bank BCA 546 030 1001Account Name PT. Kawasan Industri Jababeka

The President PostT H E S P I R I T O F I N D O N E S I A

ENGLISH EDITION

The President Post - Circulation DepartmentsMenara Batavia 25th Floor

Jl. K.H. Mas Mansyur Kav. 126Jakarta 10220, Indonesia

Phone: +62 21 703 360 99 Fax.: +62 21 572 7338Email: seny@thepresidentpost.com

Fax.

Phone

Mobile

Email

What other business newspaper do you read?

Name Mr. Mrs.

Address Home Office

Date of Birth

Company Position

Postal Code

PERSONAL INFORMATION

Nationalshippingcompaniesareexpectedtocontrolabout30%oftheinternationalshippingmarketby2020and80%ofthedomesticshippingmarketbythesameyear.Asaresult,manyofthestateforeignexchangeincomewentoverseas.

Strengthening the National Shipping Industrysult, many of the state foreignexchange income went over-seas.SiswantoRusdi,directorofTheNationalMaritimeInstitute(2012), blamed the lack of pro-tection and indemnity (P&I) asoneofthefactorsthatcontribut-edtotheslownationalshippingindustrygrowth.P&I is different to insurance

duetoseveralfactors:• Ininsurance,themoneypaidby clients to insurance com-panyiscalledpremium,whileinP&Iit'scalledcall;

• An insurance company isfoundedandanswersonlytothe shareholders, while P&Iisestablishedandanswerstoitsmembers.Thismeans,thefunds raised from themem-berswillbepaidbacktothemwhen an incident occurred,similartoarisan;

• If the amount of claims thatwere to be paid tomemberswho were experiencing inci-dents were insufficient, allmembers would be asked toincrease their contribution.

of$110billion(Rp1100trillion),remainsatasafelevel.The implementation of the

cabotage principle refers toPresidential Instruction No.5/2005 on the empowermentofthenationalshippingindus-try,whichisaimedtoboostthenumber of ships with Indone-sianflags.Butinreality,thedo-mestic shipping industry stillhadtoworkhardtocompeteinterms of prices with importedshipsthatareofferedatmuchcheaperprices.The national shipping in-

dustry has to pay import du-tieswhenproducersimportrawmaterials,machinesandotherequipment.Butimportedshipshave been exempted fromanyimportdutyduetothegovern-ment's import duty exemptionfacilityforimportedgoods.Indo-nesiaisanarchipelagiccountrywith75percentofitsareascon-sistofwaters.Therefore,it'sna-tionalshippingindustryshouldgrowrapidly.

By Hendra Manurung*

LawNo.17/2008onshippingwhichadoptsthecabotageprin-ciplewashopedtoboostthena-tionalshipping industry.Basedontheeconomicperspective,thecabotageprincipleisintendedtoimprovetheeconomiesoftheIn-donesianpeoplebecauseitoffersthenationalshippingcompaniesa wide opportunity that it wasexpectedtoboostthenumberofIndonesia'scommercialships.Data at Indonesia National

Ship Owner Association (INSA)showed there are current-ly 11,300 units of commercialships or up by 80% comparedto March 2005 which reached6,014units.Theshipswereop-eratingbothinthedomesticandinternational shipping market.Unfortunately, the market seg-mentremainslow.National shipping companies

are expected to control about30% of the international ship-pingmarketby2020and80%of the domestic shipping mar-ketby the sameyear.Asa re-

Last year's trade bal-ancedeficitwillmostlikely happen againthis year. Therefore,efficient manage-

mentoftheoilandgassectorisneededtocreategoodcorporategovernance due to an increaseofoilimportvolumethatwouldbecome themain factor to thisyear'stradebalancedeficit.The government should im-

mediatelytacklelastyear'stradebalancedeficitproblemimmedi-atelybecausetheconditioncouldcontinueuntil theendof2013.Thegovernmentmustsoonfindasolutiontoincreasetheexport

Butifthereweresurplus,thefundwouldbereturnedtothemembersintheformofalow-ercallpaymentorreturnedtothemembers;

• P&Inormallycoveredtheriskssufferedbythirdparties.Forinstance, the dock that wasdamagedbyashipmovement,maritimeenvironmentaldam-agecausedbycontaminationfromaship,andmore.Insur-ance only covers somethingthataremorequantified,suchasthehullandmachineryofashipandthegoodstransport-edbytheship.

Thenationalshipping indus-try has long knew about P&I.But, they only joined with P&Iclubs overseas because therewas none in Indonesia. Everyyear Indonesian ship ownerspaidaround$130million(Rp1.3trillion)toP&Ioverseas.Thecap-italflowisreallydisadvantagingbecausewedidn'tgetmuchben-efits. Indonesia finally had P&Iin 2010,markedwith the dec-

larationofIndonesianMaritimeProtectionAssociation (Promin-do).ThroughP&IIndonesia,it'sexpectedthatthemoneypaidtooverseasP&Iclubcanbeman-agedhereandbenefitdomesticshippingcompanies.Currently there are 21 com-

panieswith400shipsthathavebecome members. P&I's exis-tenceishopedtoboostthena-tional economic activities. Ingeneral, the payment is count-edbasedongrosston(GT).Thebusiness potential could reach11millionGT.The national sea transporta-

tionhadbeencontributing30%tothestateincome.Mostofthemare in oil and gas operation-alsector.That'swhyit's impor-tant forthecentralgovernmenttoprotectthebusinessassetsinthe national shipping industrythroughtheprotectionsystem.

*) Hendra Manurung is a lecturer on international relations at President University, Kota Jababeka, Cikarang.

valueandtokeepthefiscalcon-ditionunder control. It's unfor-tunatethatsubsidizedfuelcon-tinuedtorise,thusresultinginloweroilandgasexportvalueattheendoflastyearcomparedtotheoilandgasimportvalueasaresultoflowernonoilandgassector surplus due to the pro-longedtradebalancedeficit.The financial deficit eventu-

ally affected Indonesia's tradebalance.FinanceMinisterAgusDWMartowardojosaidthatthecountry's trade on non oil andgas dropped significantly be-cause the export commoditypriceintheinternationalmarketfell.Nevertheless.thestate'spay-mentbalance,whichissupport-edbythestate'scapitalreserve

Year 2000 SMEs as % of all firms SME workforce as %of total employment

Brunei 98 92

Indonesia 98 88

Malaysia 84 39/m

Philippines 99 66

Singapore 91 52

Thailand 96 76/m

Cambodia 99 45

Myanmar 96 78

Vietnam 96 85

Source: Asasen, et al. (2003). Note: Percentages refer to shares in national totals./m: manufacturing only.

SMEs in ASEAN Countries:Relative Size and Employment in 2000 (estimates)

IntermsofnumberstheSMEsfar

outnumberbigenterprises.Morethan90%offirmsinASEANmemberstatesareSMEs.Theseenterprisesalsocontributesignificantlytothecreationofemployment

opportunities.

ASEAN SMEs have the potential to play a much more important role in strengthening the ASEAN economy, to ensure that ASEAN becomes another powerhouse in the Asia-Pacific arena.

A3

Profilewww.thepresidentpost.com March 2013 Vol.2 No. 3

“After four years, itisfinallyfinished,”said Titus, a re-nowned Austrianwriter, film-direc-

torandmultimediacreator.OnMarch11,Leber issetto

presenttheprojectatTheMuse-umofEthnologyinVienna.“WearehonoredtobeinvitedbytheIndonesianEmbassyinAustriaandtheBuddhistSocietyinVi-enna.Itwillbethegrandopen-inginEurope,andthenlatertheprojectwillbelaunchedinIndo-nesia,”hesaid.Since 2009 Leber has been

workingontheBorobudurmul-timediaproject – an interactiveexploration of the largest Bud-dhist Sanctuary in the worldbyprojectingthecontentofthemonumentintocyberspace.Theprojectwasstartedwhen

LebervisitedBorobudurforthefirst time. Leber rememberedthat he saw something fantas-ticyetdidn’trealizewhathehasseen.“Therewasnotenoughex-planationandintroduction,andmyexperiencewasthesameasthatofothervisitors’.”Leber, who has produced a

world class masterpiece inter-active media under the title of‘What did the Buddha teach?’

inThailand,foundthatBorobu-durisrichincontentasitisthelargest Buddhist temple in theworldandyetisnotknownwellenoughtotheworld.Collaborating with the man-

agerofthecompanythatman-agestheBorobudurTemple,thestate-owned PT Taman Wisa-ta Borobudur, Leber made themultimediaprojectwithadiffer-entapproach.

Helookedbackontheinten-tionofthepeoplewhobuilttheBorobudurthousandyearsago.Hebelievedtherearetwointen-tions: firstly, in that era manypeopledidn’tknowhowtoread,and the people who built theBorobudurdecidedtoconveythedifficultcontentbyimagesrath-erthanbywords.“Sotheybuiltanimagebook

inwhichyoucanwalkaround.Currently we live in a societythatreadsless,butcommunica-tionthroughimagesandmulti-mediais increasing.SoI foundthatwehaveasimilarapproachto express our selves throughtheimages,”hesaid.Secondly, how we can pre-

servethecoremessagesofBud-dhist’s thinking. He said thatwhenwelookattheBorobudurfrom a bird’s eye view, it lookslikeacomputerchip,ametha-phorforstoringinformationlike

onacomputerchipfromwhichwecanretrieveitsancientmes-sage.Hisapproachistodecodethe

Borobudur and to find a wayto bring the Borobudur to theworld–andandtheworldtotheBorobudur. It’s working bothways because people will notcome if they don’t know abouttheBorobudur.

ThemessageoftheBorobudurthatmotivatesLeberiscompas-sionandtolerance. “Weneed itverymuchinourworld.”“It’sre-

markablethatitisinIndonesia,whichispredominantlyIslamic.WeweregivenachancetodoaprojectaboutaBuddhistmonu-ment.ItistheperfectexampleofPancasilawhichpromotesdiffer-entreligionstoexist.”50 kilometers around the

Borobudur,hesaid,everymajorreligionhasmanifesteditselfinafantasticwayandlivesinperfectharmony. For example, there’sthe Prambanan (Hindu tem-ple) and around 300 mosquessituated near the Borobudur,andtherearealsomanyCath-

TITUS LEBER:

Borobudur Multimedia and Interactive Project Ready to Astonish the World

olicpriestscomingfromMunti-lan.“SoBorobuduristheplacewheremancanmeetthedivinewithinhimself.”The project leads to the rich

symbolism of the Borobudur sarchitectureandnarrativecon-tentofover1,400bas-reliefs,andwillmakeitaccessibletoaworld-wideaudiencethroughallformsof digital media, from IPhonesandiPadstoBlu-Raydiscsanda12-partTVmini-series.At themoment, Leber is the

Cultural Director of MovielandinJababeka,Cikarang.He’s in

the process of realizing sever-alprojectsthere.ThefirstoneistofinishtheBorobudur,thesec-ond is tobringcinematograph-icliteracytoyoungpeople.LeberhasinitiatedandbuiltoneofthelargestopenairscreensofIndo-nesiaatMovieland.

“Ourplanistohaveeverydaymovie performances here so itwillslowlyraisethevisualliter-acyoftheyoung.”Leberalsohasprogramswith

President University to presentmoreprovocativefilmsforyoungpeople;theycandiscussorana-lyzefilmsattheprogram.Anotherprogramis tocreate

aFarEasternVersionofUniver-salStudios inJababeka; itwillhavebigstudiostoproducemov-iesfrompre-topost-productionandalsoasaserviceprovider.

“We need to set up a greenscreenstudio,specialeffectsandalsothetechnologyandtheser-vice that goes along. InMovie-landyouwillbeabletogotooldBatavia, Paris, China Town toshootmovies.”

According to him, Indone-siahas enormouspotentials inthefilmindustry.“TherearesomanybeautifulstoriesfromIn-donesia, there are also humanpotentials but for the momentwhatislackingisdisciplineandfocused fundingby thegovern-ment. If Indonesiawants to becompetitiveinternationally,theyhavetoplaybycertainrules.”“Thebigdreamistosetupa

bridgebetweenWayangandcin-ema.We have somany heroesfrom Hollywood such as Spi-derman,Superman,etc.Mean-while,wehavesomanyheroesfrom wayang characters. Whydon’twemakeourownheroesmoviehere?”

Leber added that on a largescale Indonesia needs tomobi-lize its best talents towork to-gether.“If you want to have a bet-

termovie industry,youhavetobeserious.Ifyouarenot inter-ested, better don’t do it at all.Don’t waste your money andour time. Import the technolo-gy,trainyoungpeople,andcre-ateabig,powerfulinternationalcompetitivefilmindustrywhichwecanexportinsteadofgettingjunkfilmsfromelsewhere,”Leb-erconcluded.

AfascinatingBorobudurmultimediaprojectentitled‘Borobudur:PathstoEnlightenment’initiatedandproducedbyDrTitusLeberisfinallycompleted.

It’s remarkable that it is in Indonesia, which is predominantly Islamic. We were given a chance to do a project about a Buddhist monument. It is the perfect example of Pancasila which promotes different religions to exist.”

Titus Leber, who has produced a world class masterpiece interactive media under the title of ‘What did the Buddha teach?’ in Thailand, found that Borobudur is rich in content as it is the largest Buddhist temple in the world and yet is not known well enough to the world.

The President Post/Rians Rivco

By Jeannifer Filly Sumayku

A4

Laws & Regulationwww.thepresidentpost.comMarch 2013 Vol.2 No. 3

Manyentrepreneursthinkthatturning

theircompanyintoalistedcompanywould

liftthecompany’sreputation.Well,that’snotentirelywrongbecause

inrealitythebestcompaniesin

Indonesiaaremostlypubliclylistedcompanies.

When a Company Goes Public

transparencybecausethepublicwhoownedsomeof thesharesare entitled to know about thecompany’sperformance.

• To improve the company’s im-ageA publicly listed company is

moreprestigiouscomparedtoaprivatecompany.

Publicly listedcompaniesareregulatedunderLawNo8/1995oncapitalmarketandundertheCapital Market and FinancialInstitution (BapepamLK) regu-lation.

notarypublic,andassessor.Thepartiesappointedhavetobereg-isteredatBapepamLK.

• Submit documents about the intention to registerAcompanyhastosubmitdoc-

uments which contained theprincipleoftransparencyandabriefprospectusaboutthecom-pany, such as the company’sprofile, the profit-loss balance,company’s performance projec-tion,andhowthecompanywillusetheIPOproceeds.Thecom-panymustalsoincludeopinionsfrom other supporting institu-

tions on the company’s finan-cialreport,company’slegalsta-tus. The company will be heldaccountablefortheaccuracyofall the data and information itsubmitted.Bapepam will evaluate the

documents in45daysandwilldeclarethemeffectiveiftheyareconsidered complete. But if it’sconsideredincomplete,thecom-panywillhavetocompletethemfirst.

• Initial public offering stageThe company may offer the

sharestothepubliconceBape-

By Paulus Khierawan

The rapidly growingbusiness sector hasled to fierce compe-tition among entre-preneurs. Many en-

trepreneurs think that turningtheircompanyintoalistedcom-pany would lift the company’sreputation. Well, that’s not en-tirely wrong because in realitythebestcompaniesinIndonesiaaremostlypubliclylistedcompa-nies.PTAstraInternationalTbk,PT

UnileverIndonesiaTbk,PTBankCentralAsiaTbk,andmanyoth-er listedcompaniesareconsid-eredthebestintheirfields.Butfirst of all, we need to under-standwhatgoingpublicmeansforacompany.

The term Go Public can betranslatedasacompany’sactivi-tytosellsomeofitssharestothegeneral public through the Ini-tialPublicOffering(IPO)mech-anism. Then,why do entrepre-neursdecidetoGoPublic,whatare the benefits they get whentheyGoPublic?

ThereareseveralreasonswhyacompanychoosestoGoPub-lic:• To raise fresh capitalThe company could raise

moneyfromthepublicanduseittoextendthebusinessaftersell-ingsomeofitsshares.Thepublicwhoboughttheshareswillnottakepartinmanagingthecom-pany;themanagementcanstillkeep the company under goodcontrol.

• To improve transparencyA publicly listed company is

requiredtoadopttheprincipleof

Generally, a companyhas togothroughfourstagesbeforego-ingpublic:• Preparation stageThe company holds a gener-

alshareholdersmeeting(RUPS)togainapprovalfromallshare-holders, and then decide howmuch shares they want to re-leasetothepublic.Thecompanychanges the company’s statutefromaprivatecompanytoalist-edcompany.Afterobtainingap-proval,thecompanyappointsanunderwriterandothersupport-ing institutionssuchasapub-licaccountant,legalconsultant,

A publicly listed company is required to adopt the principle of transparency because the public who owned some of the shares are entitled to know about the company’s performance.

www.haloindo.com

Publicly listed companies are regulated under Law No 8/1995 on capital market and under the Capital Market and Financial Institution (Bapepam LK) regulation.

pam issued an effective state-ment. The mechanism of theIPO is arrangedby theunder-writer. The company has twodaystodeterminetheshareal-lotmentforinvestorsaftertheof-feringperiodended.

• The listing stage at the bourseThe shares are listed at the

bourse threedays at themostafter thedateof theallotment.The company is also requiredto report its public offering re-sulttoBapepamLKthreedaysatthemostaftertheshareallot-ment.

Indonesia’s First Magazine Dedicated to Clean And Renewable Energy

In 2011, a collaboration between the German Marshall Fund, the World Resources Institute (WRI) and the German Heinrich Boll Stiftung published a work-paper report on the need for ‘smart’ renewable energy policies in developing countries. The report is a survey of findings from research conducted in 12 developing countries including Indonesia. Their findings show that a bottom-up approach is needed to ensure the effectiveness of policy for making renewable energy meet its strategic roles in the countries’ search for sustainable development, and that sharing international experience could improve the chances of success in renewable energy development on the ground.

coverstory

department: solar energy

The renewable energy sector in Indonesia is currently undergoing a considerable development. New and improved legislation for the sector is in progress and Indonesian as well as international companies see the country as a promising future market for renewable energy applications. The international exchange of experience between experts and pracitioners could help identify remaining barriers and caveats to get speedier development.

German Experience and Indonesia’s Potential

THE NEED FOR A ‘SMART’ RENEWABLE ENERGY POLICY

Having dedicated financial institutions for green business could help encourage renewable energy developments, because according to recent market analysis, financial innovation is the real key to scale-up the market demand, which in return will boost industry growth.

Is It Time to Have Green Development Banks in Indonesia?business

SUBSCRIBE NOW!Jalan RC Veteran No. 29 B, Bintaro, Jakarta

Selatan 12320 Phone / Fax: +6221 - 7342253

Email: info@respectsmagazine.comWebsite: http//www.respectsmagazine.com

For further information:

EDITION 1 VOL III /2013

Singapore ...... S$13,00

Australia ........... A$9,95

Malaysia ....... RM15,00

Indonesia ..... Rp50,000

Philipines ............. P250

Thailand .............. B210

Taiwan ............. NT$210

Rest of World ..... US$8

EDITION 1 VOL 3, 2013

EDITIO

N: 6 V

OL 2, 2012

RENEWABLE ENERGY

DEVELOPMENT IS THE WAY TO GO

ISSN

: 208

6-98

51

INDONESIA NEEDS GREEN BANKS?

THE NEED FOR A ‘SMART’ RENEWABLE ENERGY POLICY

Singapore ...... S$13,00

Australia ........... A$9,95

Malaysia ....... RM15,00

Indonesia ..... Rp50,000

Philipines ............. P250

Thailand .............. B210

Taiwan ............. NT$210

Rest of World ..... US$8

EDITION 1 VOL 3, 2013

EDITIO

N: 6 VO

L 2, 2012

RENEWABLE ENERGY

DEVELOPMENT IS

THE WAY TO GO

ISSN

: 208

6-98

51

INDONESIA NEEDS

GREEN BANKS?

THE NEED FOR A ‘SMART’

RENEWABLE ENERGY POLICY

A5

Energywww.thepresidentpost.com March 2013 Vol.2 No. 3

ectswerecomingintotheexecu-tionstage.Basedonthisreport’sanalysis, it is suspected thatwhathaskilledthe‘nuclearre-naissance’recentlywasnottheFukhushimanuclearmeltdown,or the strongly increased de-velopment prices that followed,butcheapandabundantnatu-ralgas,whichalthoughitislessclean compared to nuclear, iscertainlymuch cheaper, easier,andfastertodevelop,andsafer.

US Federal statistics quotedin the report indicate thatutil-itiesareturningtonaturalgasto generate electricitywith 258

plants to be built in the nextfour years till 2015. Accord-ing to theUSEnergy Informa-tion Administration (US-EIA),thecosttobuildarelativelybiggas-firedpowerplant(over1,000MW)islessthan$1millionperMW, compared to over $5mil-lionperMWforanuclearpow-er plant. Nuclear power plantsrequire large capacity to reachtheirtrueeconomicmerits.Oth-erEIAfiguresquotedbyWSJin-dicate expected addition to USpower-generationinthenext25years as 58.1% using naturalgas,comparedto30.6%oftotalrenewables, andonly4.3%nu-clearand7.6%coalsandoils.

But the picture of nuclearpowerdevelopmentinsomeoth-ercountries looksratherdiffer-ent, especially those which do

Will The Unconventional Gas Boom Hurt Renewables?

nothaveaccesstocheapnaturalgas.Someemergingeconomieslike China, India, and Korea,areplanning,orareinthepro-cessofbuilding,relatively largenuclear power plant capacities(seeRESPECTSedition12Vol.1).ButifthelessonsfromJapanandGermanyononehandandIranandNorthKoreaontheoth-erareconsidered,thedecisiontobuildnuclearpowerplantsisnotbasedonlyoneconomics.

Buying time for renewables So lookinggloballyand from

different perspectives, the lowpricegasphenomenawillnotdi-rectlyandnegativelyimpactthenuclearpowerdevelopment.Thesamethingcouldbesaidonre-newableenergydevelopment.In-donesiamay learn fromwhat’shappeningintheUSAthateffec-

tiveuseofgasinpowergenera-tionis infactaboontorenew-ableenergydevelopment.

Building more gas pow-erplants,couldhelp thecoun-trybuy time fordeveloping theabundant resources of renew-ablesinthecountrylikegeother-mal,hydro,andsolartoachievethenationalenergysecurityob-jectives.Buttogetthere,thegov-ernmenthastoactsoonandinmore rigorous and consistentways than what we have seensofar,notleastbymakingclearandconcreteactionplanssup-ported by effective regulationstowardachieving the target setearlier in 2006 at 17% of totalenergymixby2025,or25%asenvisionedbytheMinisterofEn-ergy andMineral Resources in2010.

Some global politicalobserverseventhinkthattheabundanceof thisnewkind ofgasmaychangethecurrent geopolitics.

Forsure, in thiscontext, if theUSandotherwesterncountriesstarttouseshalegastoreducetheirdependenceonoilsfromtheMiddle East and South Amer-ica,itcouldeasethetensionintheHormuzStraitandpolitical-lytheUSmaylookatIran’snu-clearescapademoreobjectively.Buteven if theshalegas is in-deedabundantandthecurrentprice is relatively low,how longwoulditbebeforeitcatchesupwiththeoilpriceisthequestion?It’s price will for sure increaseone day as demands continuetogoup.Afterall,thegasisfos-silenergywhichinevitablymeetthesamefateasotherfossilen-ergy.Itmusteventuallyrunoutbecauseitisnon-renewable.

Stephen Lacey, of ClimateProgress,foundthatcheapnat-ural gas prices are one of thebiggest short-term threats totheuse of renewable energy intheUStoday.Withaglutofgasdroppingpricestohistoriclows,thecompetitivenessoftechnolo-gieslikewind,solarPV,andso-larhotwaterisfacingsignificantchallenges.But Lacey concludes that

while the renewable industriesare indeed being challenged, itismost likely that theyarenotbeaten.Hefindsthatamidstallthe hand wringing over whatcheapnaturalgaswilldotoin-vestment in renewables, we of-tenlosesightofthefactthatthecostandpriceofrenewableener-gytechnologiesarestillchasingtherecordpricedropsinnaturalgas.Inotherwords,oneshouldnotforgetthatthewholeworld,ledbyGermanyandtheUSinterms of technology, and otheremerging economicpowerhous-eslikeChinaandIndia,arecon-tinuingtofindnewtechnologies,whichcouldmakerenewableen-ergylikesolarandwindincreas-inglycheapersobecomingmoreandmorecompetitivewithoils–evenshaleoil.

Investmentinrenewableener-gyisthechoicetomakeinthewakeofglobalwarmingandoth-erclimatechangeissuesthattheworld is facing.Beinganactiv-istintheIndonesianRenewableEnergy Societies (IRES), I per-sonally have made this state-mentmanytimes,especially intrying to convince the govern-mentof theneed tocreatereg-ulations supporting renewableenergy development in Indone-sia.Itisindeedtruethatallin-vestments must ultimately riseorfallontheireconomicmerits,but therearealsoother thingsthatmust influence our choicetoinvestonnewthingsinasit-uationwheretheeconomicmer-itsareblurredbyvariousinter-veningfactorslikethedisguised–orevenblatant–subsidiesthatmany goverments give to oils,gas,andnuclear.

AgoodexampleofthisiswhentheGermangovernmentdecidedtopromoteusingsolarPVaroundtwodecadesago,whileacceptingthatsolarPVwasfarfromcom-petitive against the convention-alenergywhichthecountrywasdepending on. Thanks to thefarsightness of German politi-

Sogas,conventionalornot,isandwillbeanimportantshort-termtooltoeffectivelyreduceorreplacecoal-basedpowerplants,anditcouldevenprovideaback-up for intermittent renewables,likesolarandwind,thekeycom-ponentsforcombatingtheglobalwarmingchallenge.Seenonthisbasis,shalegaseuphoriaisnotsuchabadthingatall.But,sincenaturalgas(includ-

ingshalegas)isstillafossilfuel,if the world is getting seriousabout addressing globalwarm-ing and eventually an increas-ingnumberofcountrieswillputapriceongreenhousegasemis-sions,thecurrenteconomicad-vantagesofnaturalgaswilldi-minish or even disappear overtime.

Indonesia’s Gas PositionIndonesia has abundant re-

servesofnaturalgas.Thishasbeenprovensinceoverfourde-cades ago during Suharto Ad-ministration.Intheearlyeight-iesoneoftheworld’slargestgasreserveswasfoundinNorthSu-matra,andanotherlargereservewaslaterfoundinEastKaliman-tan.Butbackthen,gaswasal-mostconsideredasabyproduct,just a ‘bonus’ from oil explora-tion. Accordingly, the countrydidnotusethegastoconservemore valuable oil, but it soldmuchofitsgasproduction(un-der long term contracts) to for-eign countries likeJapan,Chi-na,andtheUSA.Now,whenthetimehascometousemoregasto conserve oil and reduce thegreenhousegasemissions,andwiththecountry’soilproductionstagnatedata lower level thanthe country needs for develop-ment,thecountrycannotuseiteffectivelytoreducetheswellingoilpricesubisidieswhichnowto-talingover$20billionannually.Some local expertsbelieve thatshaleorunconventionalnaturalgascouldalsobefoundandex-ploitedhere,butevenifthisistrue,thecountryneedstobuildthenecessary infrastructure toeffectively use this resource toreducedependence onoils andcoals, which now account forover90%oftheprimaryenergyusedtogenerateelectricity.Howwouldnatural gasdevelopmentstandagainstrenewableenergy?It isveryhardtosay,sincethenational investmentsonrenew-ablesarerelativelyverylow.

SoLaceyandotherenergyob-serversmay be right in sayingthatnaturalgascertainlyhasaroletoplayinthiscurrentenergytransition—assumingweprop-erlyvalueitsenvironmentalim-pact.Calls from forward-think-ingglobal investors to take thelow-carbon strategy seriouslywillnotbesweptaside,nomat-ter what the short-term chal-lengesare.

Impacts on NuclearImpacts of low price gas,

thankstotheabundantuncon-ventionalgasindevelopedcoun-triesismoredirectlyfeltbythenuclearindustry,atleastintheUSA.RebeccaSmithandDanielGilbertreportedintheWallStreetJournalrecentlythatcheapnat-uralgasunplugstheUSnucle-ar-powerrevival(WSJMarch19,2012).Thereportsaysthatoutof 29new reactorsplanned fordevelopmentinvolving15powercompanyintheUS,only2proj-

cians, the countryhasbecometheclearexampleofhowrenew-able energymust be developedandsupportedtogetitseventualeconomicmerits.

Renewableenergy isdefinite-lyahome-grownordomesticre-source and investing in it willclearly benefit the local econo-my, empower local communi-ties, encourage entrepreneurialinnovation,andspurnewtypesof economic development. Butultimately,inadditiontoensur-ingnationalenergysecurity,re-newablesareanimportanttoolfor helping the country reducegreenhouse gas emissions andcombat global warming. Laceyshowsestimateofthetimeneed-edbygasresourcesintheUStolast(seetable1).

IntheAmericancontext,Lac-eypittedgasagainstwinddevel-opmenta fewyearsback.Whengaspricesstartedtheirprecipi-tousdrop,attheAmericanWindEnergy Association’s annu-al conference in2010 the topicdominatedtheCEOroundtablediscussion.The wind businessexecutivesattendingtheconfer-encebelievedthatthesinglebig-gestchallengeisimprovingwindtechnologiestocompetewiththelowergasprices.

Withsomecountriesinthedevelopedworldstartingtodrillforshalegasintheirownbackyards,thefocusofenergyinvestmentsmaygotothatdirection.Willthisleadtodepressinginvestmentinrenewableenergy?

Whileenvironmentalistsarestilldebatingwhethershalegasdrillingisenvironmentallyhazardousornomorethanasophisticatedwayofextractingnaturalgasfromtheearth,itiswidelyconsideredbyglobalenergyexpertsasapotentialcontendertorenewables(andforsurenuclear)sinceasanenergysourceitismuchcleanerthanoils,andthereareseeminglyabundantreservesthatcouldbetappedusingnewdrillingtechnology,resultinginasalepricewhichishighlycompetitiveagainstanyotherenergyresources.

0 20 40 60 80 100

Years

AllPotential

Resources

ProvedReserves

+Probable Reserves

ProvedReserves

95YEARS

21YEARS

11YEARS

Table 1. How Ling Will it Last?Based on Potential Gas Committee Estimates and2010 Consumption Rate (of 24 tcf/year)

Shale-gas well illustration (www.cleanbiz.asia)

By Jon Respati

So gas, conventional or not, is and will be an important short-

term tool to effectively reduce or replace coal-based power

plants, and it could even provide a back-up for intermittent

renewables, like solar and wind, the key components for

combating the global warming challenge. Seen on this basis,

shale gas euphoria is not such a bad thing

at all.

The industryclearlytookthechallenge seriously. Today, duetobiggerturbines,morereliableequipmentandbettermaterials,thecostofwindhasdroppedtorecord lows,where somedevel-opershaveevensignedlong-termpower purchase agreements inthe 3 cents per kilowatt-hourrange.LatelastyearBloombergNew Energy Finance projectedthatwindwouldbefullycompet-itivewithenergyproducedfromcombined-cyclegasturbinesby2016 under fair trading condi-tions.Thesametechnologicalim-provements and maturation inprojectdevelopmentinwindaredrivingdownthecostofsolarPVaswell, as abundant examplesintheworldhaveshown.

These trends are driving re-cordlevelsofinterestfrominves-tors. In 2011, for the first timeever, global investments in re-newable energy surpassed in-vestmentsinfossilfuels.Thebot-tomline:thepriceofrenewableenergycontinuestocomedownwhiletheprojectedpriceofnatu-ralgasisonlyexpectedtorise.

A6

Internationalwww.thepresidentpost.comMarch 2013 Vol.2 No. 3

The IndonesianConsulGen-eraltoHoChiMinhCity,Bam-bang Tarsanto, received anaward from the Ho Chi MinhCity government for his contri-butions to promoting cooper-ation between Indonesia andVietnam.TheawardmedalwaspinnedbytheChairmanofPeo-pleofHoChiMinhCityCouncil,LeHoangQuan.AccordingtoLeHoangQuan,

Bambangmade an example of

Indonesian Consul General Received Medal from Ho Chi Minh City Government

The two-day vis-it of President SusiloBambangYudhoyonoto Nigeria wouldstrengthen the bilat-

eral relations which had exist-edbetweenthetwocountriesformorethan100yearsbeforeNi-geria’samalgamationin1914.PresidentSBYwaswelcomed

byNigerianPresidentGoodluckEbeleJonathan.Theyhadabi-lateralmeetingaboutissuesre-latedtobothcountries’interests,particularly the cooperation inthe areas of trade and invest-ment; politic and security; andsocial-culture.

Indonesiahas the interest topartner with Nigeria on tradeand investment.Tradebetweenthe two countries has reached$1.24billionin2010andin2011bilateral trade reached $2 bil-lionorincreasedsignificantlytoabout 60% fromprevious year.And the trade is in favorofNi-

geriaduetoIndonesia'simportssuchasleather,cocoa,crudeoilandoil-relatedproducts.At present, at least 12 Indo-

nesiancompaniesareinNigeriaandtheyareallsatisfiedindoingbusinessthere.Nigeria,astheysaid, has been a tremendouslygoodpartner.These companiesproducemanyvarietiesofprod-ucts from pharmaceuticals toconsumer products which be-comesdailynecessitiesofNige-rians.

During the visit, PresidentSBYalsohadabusinessforumwithIndonesiancompaniesandNigerian business leaders anddiscussed about the increasingrelationofbothcountriesespe-ciallyinoilandgassector,ser-vices, and others. SBY listenedtotheprogressofcurrentinvest-mentsfromIndonesiatoNigeria,especially the presence of "In-domie"inNigeria,andalsonewcooperation agreement, includ-

RI, Nigeria Elevate Relations onTrade and Investment

ing Boeing 747 service centerfacilities in Indonesia and theplansforsettingaworkshopfa-cilityinNigeriaandalsotooth-er potential business coopera-tionintextile,cotton,palmoil,andcrudeoil.

Inthebusinessforum,Indo-nesiaTradeMinisterGitaWir-jawanandTradeandInvestmentMinister of Nigeria, OlusegunOlutoyinAgangawerecommit-ted to increase trading valueofbothcountriesupto$5bil-lioninthreeyears.Thebilater-almeetingalsoproducedagree-menttoestablishedPreferentialTradeAgreement–PTAandtaskforce thatwill create roadmapof tradeand investmentdevel-opment of the two countries.AccordingtoGita,PTAwithNi-geria isagoodstep todevelopmarketof Indonesia’sproductstonon-traditionalmarket,thatpreviouslydifficult tobepene-trated.

thebettermentinIndonesia’sin-vestmentinHoChiMinhCity.Inthebeginningofhistermofof-fice,therehadbeen25Indone-siancompaniesconductingtheirbusinessinthecity.Bytheendof2012,thenumberjumpedto31companieswithcapitalamount-ingto$233million.

Another significant increase,hestated,wasthebilateraltradereached $4.6 billion in 2012,

an increase from$3billion in2010.BambangTarsanto,whoend-

edhis assignment inVietnamby the end of February 2013,conveyedhisgratitudeforalltheassistanceandcooperationpro-videdbytheHoChiMinhCitygovernment,sothatallofIndo-nesia’strade,investment,tour-ism,socialandculturalpromo-tional activities went smoothandsuccessful.

President SBY (left) and Nigerian President Goodluck Ebele Jonathan. They had a bilateral meeting about issues related to both countries’ interests, particularly the cooperation in the areas of trade and investment; politic and security; and social-culture.

TheNetherlandsandIndone-siaaretostepupcooperationonpolitics,economicsandculture.ForeignMinisterFransTimmer-mansmadedetailedagreementson this with his Indonesiancounterpart Marty Natalegawaduringhis visit to Jakarta lastmonth.“Indonesiahasarapidlygrow-

ingeconomyandisprimarilyfo-cusedonAsia,theUnitedStatesand Australia,” Timmermanssaid.“Wehavestronghistoricalties

with Indonesia, but this doesnotmeanwe can take our re-lationship for granted. So weare investing in personal con-tacts – politically, economicallyandculturally.Afterall,ourtwocountrieshaveagreatdealtoof-fereachother.”Martysaidthetwoministers

had a fruitful and productivediscussiononcooperationrang-ing from trade, investment, in-frastructuredevelopment,watermanagement,toagricultureandcityplanning."We recognize that our two

countrieshavespecialtiesinthepast,wemustmoveforwardandmakeourrelationshipmorecon-temporary,"Martysaid.Within the European Union

the Netherlands ranks sec-ond as trading partner of In-donesia. Themutual trade vol-ume increasedwithmore than20%reached$3.3billioninbe-tween January and September2012.WiththeharborofRotter-dam and Schiphol Airport, theNetherlands wants to remainthemainentrypointtotheEUforIndonesia.DutchbusinessesalsoinvestheavilyinIndonesia.Timmermans also met with

the vice-governor of Jakar-ta, Basuki Tjahaja Purnama,to discuss among others thefloodproblemsofJakarta.Since2007, the Netherlands advises

Indonesiaonhowtomanagethefloods.Timmermans said, “This is

anenormoustaskwhereDutchcompanies, aswell as our gov-ernment and knowledge insti-tutes,canplayanimportantrole.NocountryisbetterequippedforthisthantheNetherlands.”The Netherlands and Indo-

nesiawillalsoconsiderwaysof

helping students study in eachother’scountries.Everyyearthetwo foreignministerswillmeetforpoliticalconsultationstodis-cusstheprogressmadeinthesejointactivities.Over 1,200 Indonesians are

currentlystudyingintheNeth-erlandsandthereareabout250joint ventures involving Dutchknowledge and educational in-stitutionsandIndonesiancoun-terparts.At Indonesia’s request, the

Netherlands is starting up aproject to improve the relation-ship between the police forceandcivilians inPapuaandtheMoluccas, with a special focuson human rights and culturaldifferences.BothMinistersdis-cussedhowgreatertransparen-cyandopenness inPapuacanhelpattainthe Indonesiangov-ernment’saimofimprovingthepositionofthelocalpopulation.Thetwoforeignministersalso

discussedtheimportanceoftol-erationofreligiousandothermi-norities in Indonesia and theNetherlands.

New Impulse forRI-Netherlands Relations

IndonesiahastheinteresttopartnerwithNigeriaontradeandinvestment.Tradebetweenthetwocountrieshasreached$1.24billionin2010andin2011bilateraltradereached$2billionorincreasedsignificantlytoabout60%frompreviousyear.AndthetradeisinfavorofNigeria

duetoIndonesia'simportssuchasleather,cocoa,crudeoilandoil-relatedproducts.

www.presidenri.go.id/Laily

The Netherlands Foreign Minister Frans Timmermans (left) and his Indonesian counterpart Marty Natalegawa during his visit to Jakarta last month. The two ministers had a fruitful and productive discussion on cooperation ranging from trade, investment, infrastructure development, water management, to agriculture and city planning.

The President Post/Rians Rivco

We have strong historical ties with Indonesia, but this does not mean we can take our relationship for granted. So we are investing in personal contacts – politically, economically and culturally. After all, our two countries have a great deal to offer each other.”

Frans TimmermansThe Netherlands Foreign Minister

A7

Educationwww.thepresidentpost.com March 2013 Vol.2 No. 3

President Universi-ty Student Union(PUSU), one of thestudentorganizationsat President Univer-

sity - Indonesia, recently orga-nizedabigeventcalledtheInter-nationalFriendshipWeek(IFW).Theeventwasheld from9th

to14thofFebruary2013usingChineseLunarNewYearasthebroadtheme.Fortherecord,theLunarNewYearisalsocelebrat-edbythemajorityofinternation-al students who are currentlyenrolled at PresidentUniversity(PresUniv).TheopeningceremonyofIFW

wasorganizedbyPUSU incol-laborationwith the AssociationofVietnameseStudentsatPre-sUniv.Theeventconductedatthestudenthousingareawasenliv-enedthroughvarietiesofenter-tainmentsandmusicanddanceperformancesfromlocalandfor-eignstudents.Theopeningcere-monywasclosedwithfireworksandwasattendedbythousandsofenthusiasticstudents.

OnthesecondandthirddayofInternational Friendship Week,PUSU collaborated with Chinaand Vietnam Student Associa-tions and President UniversityNipponCommunity(PUNICO)–asmallcommunityofJapaneseCulture’sloversatPresUniv–toopen booths selling tradition-al foods from Vietnam, Japanand China. Some games orig-inated from Japan were show-

International Friendship Week at President University

at7pmatthestudenthousingofPresUniv, attended by studentsandmembersofAIESEC(Asso-ciationfortheInternationalEx-changeofStudentsinEconom-icsandCommerce)fromBrazil,Russia,Argentina,Taiwan,andChina.Duringtheclosingcere-mony, participants could enjoy

casedintheafternoon.Someofthe students who participatedintheeventalsosoldmovietick-etsof“ChineseZodiac”,starringJackieChan, towatchtogetheratnight.International Friendship

Week’sclosingceremonywasheldonThursday,February14,2013,

Theeventwasheldfrom9thto14thofFebruary2013

usingChineseLunarNewYearasthebroadtheme.

Fortherecord,theLunarNewYearisalsocelebratedbythemajorityofinternational

studentswhoarecurrentlyenrolledatPresidentUniversity

(PresUniv).

By Jhanghiz Syahrivar

BarongsaiorLionDanceperfor-mance, musical performancesfromRussia,Japan,andChina,local and foreign dances, andsomeninjastuntactions.

There is not much valid lit-eratureontheoriginofFriend-shipDay,ifyoubrowsethenet

youwillfindseveralversionstothestoryinwhichtheirvaliditiesaresubjects for further investi-gations. According tosome lit-erature,forinstance,theUnitedStates Congress, in 1935, pro-claimedthatthefirstSundayofAugust as National FriendshipDay.Peopleofthaterahadseen

thedevastatingeffectsoftheFirstWorldWar.Theyexperiencedin-creasinghostilities,mistrustandhatred between countries pro-vidingtheperfectconditionsforanotherimminentbattle.There-fore there was a greater needfor friendship amongst nationsaswellasamongstindividuals.Since then, celebration of Na-tional Friendship Day becameanannualevent.Thenobleideaof honoring the beautiful rela-tionshipoffriendshipcaughtonwiththepeopleandsoonFriend-shipDaybecameahugelypopu-larfestival.

According to other literature,Friendship Day was original-ly proposed by Joyce Hall, thefounder of Hallmark cards in1919, and was intended to bethefirstSundayofAugust(oth-er literature indicates the 2ndofAugust)andadaywhenpeo-ple celebrated their friendshipsbysendingcards.ThefirstSun-day in August was chosen asthecentreofthelargestlullbe-tweenholidaycelebrationsbutitfacedconsumerresistance,giv-enthatitwasrathertooobvious-lyacommercialgimmicktopro-motegreetingscards.Despitetheconfusingorigins

and facts about the event, In-ternational FriendshipWeek atPresidentUniversitythisyearre-allyshowedthespiritofunityinculturaldiversityamongthelo-calandinternationalstudents.

Jhanghiz Syahrivar, Head of Public Relations Division President University.

www.president.ac.id

BUSINESSwww.thepresidentpost.com

March 2013Vol. 2 No.3

SECTION B

The President Post

PTDI Targets Asia-Pacific Market

Japanese SMEs Eye CikarangPT Lippo Cikarang has officially opened

Japanese Small Medium Enterprises (SMEs) Center in Cikarang area, Bekasi, West Java, to serve small and medium in-vestors from Japan.

“The improvement of investors interest to invest in Cikarang industrial areas has had

a positive impact on regional economic growth,” PT Lippo Cikarang Pres-ident Director Meow Chong Loh said here on Monday. He noted that the presence of Japanese SMEs Center is a chance for sustainable business and investment in the area.

Meow Chong Loh explained that Lippo Cikarang and Tokyo-based For-val Corporation will accommodate the investors from Japan who would like to invest in Indonesia.

Meanwhile, Forval Corporation chairman Hideo Okubo said at least seven companies have joined the Japanese SMEs Center. Hideo said among the seven companies which have joined the Japanese SMEs Center are PT Summit Electrical Steel Processing Indonesia, PT Katsuy-amaseiki KKB Indonesia, PT Kobayu Trading Indonesia, PT Tsujikawa In-donesia, and PT Nihon Haken.

Bank Mandiri Posts 26.6% Increase in Net Profit

Publicly-traded lender PT Bank Mandiri reported a 26.6% increase on-year in net profit to Rp15.5 trillion in 2012.

“The surge in net prof-it was attributable to 23.7% rise in outstanding credits by the end of 2012,” Zulkif-li Zaini, the president of the state bank, told reporters here on Monday.

BUSINESS BRIEFSThe bank`s outstanding credit grew to 388.8 trillion by the end of

2012 from Rp314.4 trillion a year earlier, with the highest growth for small credits.

Growing fee-based income also contributed to the rise in net prof-it, Zulkifli said. “Fee-based income rose 2.4% to Rp12.2 trillion in 2012 from Rp11.95 trillion in 2011,” he said.

He said the public confidence in the the country`s largest bank also grew as indicated by an increase in the amount of third party funds it holds. Third party funds held by the bank rose to Rp482,9 trillion by the end of 2012 from Rp422.2 trillion a year earlier, he said.

He said cheap funds including giro and savings made up the bulk or Rp316.1 trillion of the total amount of third party funds. “Savings con-tributed Rp202.2 trillion to the cheap fund or an increase of 23.5%,” he said.

The bank has continued to expand its network of branches and sup-porting facilities to increase its capacity to collect cheap funds.

In 2012, the bank opened 273 new units of bank branch bringing the number of its branches to 1,810 units including auxiliary offices from 1,537 units in 2011. It also has increased the number of its ATM units by 1,989 units to 10,985 units, and the number of its Electronic Data Cap-ture (EDC) units to 180,352 units.Zulkifli Zaini

PTDI is alsoconcentrating onthe productionfacility maintenance,regeneration and

decomposition of humanresources and increasingthe amount of work capitalfor contracted projects fromthe Indonesian government,Assistant to PTDI`s PresidentDirector for Quality Control,Sonny Saleh Ibrahim, toldANTARAhereonSaturday.According to him, the

company s investment programin 2013 has been incorporatedin PTDI`s 2013 Business Planwhich has been decided bythe shareholders, the Ministryof State Enterprises and theMinistryofFinance.SonnypointedoutthatPTDI

has also had its sale plan in2013asthecompanynotedtheprojection of the world marketthatneeds300unitsofmilitarytransportaircraftinthemediumclass asCN235 (with35 to 50seats)till2019.HefurthersaidtheIndonesian

marketwasprojectedtodemand120aeroplanesofsmaller-class

with 15 to 19 seats from 2011to 2030 for civil and militarypurposes.Inthissegment,PTDIwillsellnew-typeaircraftN219with19seats.In 2013, PTDI has the

opportunitytogetcontractsfromthe domestic market for threeunits of CN235 for the Navy,three Bell 412-EP helicoptersfortheNavy,Sonnysaid,addingthat still in this year, PTDI istrying to win contracts from anumberofAsiancountrieswhichareexpectedtobuytwounitsofCN295,fourunitsofCN235andtwounitsofNC212.Sonnysaidthecompanywas

projected to deliver three unitsofCN235,threeunitsofNC212and two units of Bell 412-EPhelicopters.

ServicesPTDIisalsoofferingitsprime

services as manufacturing ofaerostructure componentswithhigh quality, competitive pricesand on-time delivery services,Sonnysaid.PTDI`s customers for the

servicesareSpirite (Britain) forAirbus, Eurocopter (France),

Airbus Military (Spain), KAI(Korea) for Boeing, CTRM(Malaysia) for Airbus, he said.Likewise, PTDI producessuch multi-function aircraftof small and medium sizes asNC212, CN235, CN295, Nbell412, NAS332 Superpuma andEC725Cougarwhich are idealfordevelopingcountries.The company also offers

modification services for PTDIaircraft to the countries whichuse PTDI products andBoeingwith serial numbers from 200to400inIndonesiaamongotherthings,hesaid.Sonny pointed out that

countrieswhichusePTDI`sNAS332 Superpuma helicoptersare Indonesia and Malaysia,and thoseusingPTDI`sCN235and NC212 include Malaysia,Brunei Darussalam, Thailand,Pakistan, South Korea, theUnitedArabEmirates,Senegal,Burkina Faso, Venezuela andIndonesia.

CooperationSonny said PTDI has set

up long-term cooperationwith a number of world-classcompanies such as Spirite(Britain) on themanufacturingof components for differenttypesofAirbus,AirbusMilitary(Spain)onsharingproductionofCN235.He added that as a delivery

center forAsia and thePacific,

PTDIwill raise the cooperationinto profit sharing basis forNC212 and the company willserve as a delivery center forCN295inAsiaandthePacific.PTDI also cooperates with

Eurocopter (France) on themanufacturingofcomponentsforEC725/EC225andthecompanywillalsoserveasadeliverycenterforIndonesia.IncooperationwithBellTextron(Canada),PTDIwillbetheBell412deliverycenterforIndonesia.With European Aeronautic

Defence and Space Company,PTDI will serve as Airbus and

Eurocopter holding company.In the strategic cooperationwith AirbusMilitary, PTDIwillmarket NC212, CN235 andC295 in Asia and the Pacificbesides cooperation on NC212improvement.

APECCommenting on the Asia

Pacific Economic Cooperation(APEC) forum scheduled tobe held in Bali, in October2013, Sonny said the forum isexpected to call on developedcountrieslikeJapanwhichhavemade Indonesia a big market

to maintain fair trade withIndonesia so as to balance theimportandexportvalues.Whathemeantby fair trade

is that according to Sonny aone billion coal trade is notof the same value as that of aone-billion crude oil trade. Theamountofthemoneyisthesamebuttheresultofthetradeintheminingsectorisdifferentasthatintheautomotivesector.Sonny explained that trade

in the mining sector wouldreduce mining sources anddamage the environment whiletrade in the automotive sector

Pertamina Mulls Oil Field in SudanState oil and gas company

Pertamina has been offered tomanageandexploreoilandgasfieldsinSudan.Deputy minister for energy

and mineral resources SusiloSiswoutomosaidhereonMondayafter receiving a SudanesedelegationthatSudanhasbigoilandgaspotentials.“Sudanhasproducedquitealotofcrudeoilreaching500,000barrelsaday.Thereservesarestillabundant,”hesaid.TheSudanesedelegationthat

came to the meeting includedthe Sudanese house speakeraccompanied by the Sudanese

ambassadortoIndonesia.Susilosaid thearrivalof the

delegation followed PresidentSusilo Bambang Yudhoyono srecent visit to that country.“President Yudhoyono at the

time met with the Sudanesepresident,” he said. He saidSudanhassofarexportedpartofitscrudeoilproduction.

Pertaminahasallocated$6.77billionforcapitalexpenditurein2013 mostly for investment inthe upstream sector includingacquisitionofoilandgasblocksreaching up to $3.1 billion or46% of its investment plan. Atotalof$638millionmeanwhilewouldgotoprocessingprojects,$546million tomarketing andcommercial activities, $437millionforgasbusinessand$2billionforotherpurposes.

Susilo Siswoutomo

TheIndonesianAerospaceCompany(PTDI)isfocusingontheAsia-PacificmarketandinvestingRp1.4trillionin2013mainlyfordevelopmentofNC212-I,CN235NextGandN219aircraft.

wouldnotreducetheautomotiveproduction.Sonny hoped Indonesia

through the upcoming APECforumwould call on developedcountries to buy its industrialproducts including aircraftand to use their own miningresources. As the economy inthe Asia-Pacific is improving,morecountriesintheregionareexpectedtobuyPTDI`saircraftso that the population of PTDIproducts in the world wouldincrease and there would becommonalityproductsofPTDI,headded.

CN295. This year, PTDI is trying to win contracts from a number of Asian countries which are expected to buy two units of CN295, four units of CN235 and two units of NC212.

Antara/Zabur Karuru

B2

Businesswww.thepresidentpost.comMarch 2013 Vol.2 No. 3

MTA 2013 is soon to beheld in Singapore. It is thelargest international exhi-bitionofengineering indus-trytradeevent inAsia,willbeshowcasingtoolsthataidinthemanufacturingofma-chinepartsfortheoil&gasindustry at the SingaporeExpofrom9–12April2013.Thisleadingeventisheld

everytwoyearsandconsis-tentlydeliversbuyersofpre-cision engineering technol-ogy from across the wholeAsiaandfromallmanufac-turingsectors.

WithSingaporebeingthekey manufacturing hub inAsia,coupledwiththepres-tige of MTA being the pre-miummarketplaceforbothinternational and regionalmachine tool brands, MTAhas long been the choiceplatform for machine toolbrands to launch their lat-estproductsandservicesinAsia.Overthefourdaysofthe

show,thiseventtraditional-lyattractsmorethan13,700visitors and 860 exhibitingcompanies and generatesmoresalesandmoremediainterestthananyothermar-ketingplatform.

MTA2013willbeputtingup a Capabilities Hub – ashowcasefeaturingagroupofprecisionengineeringen-terprisesthatprovideacom-prehensiverangeofproductsandservicescateringtohigh

valuesectorssuchasAerospace,Complex Equipment, MedicalTechnologyandOil&Gas.Withrising need for state-of-the-artequipmentandtechcapabilitiesforhighlydemandingmanufac-turing environments,MTA2013willofferindustrybuyersawideselection of products and solu-tions specifically fashioned forthesesectors.

Regardedfortheirhighlevelsof competency, quality controlsystems, fast response& turn-aroundandexcellentafter-sales

support, these companiesinclude A&One PrecisionEngineering,ACPMetalFin-ishing,BeyonicsTechnology,CEI Contract Manufactur-ing,ChinyeeEngineering&Machinery,Frontken(Singa-pore), Fujicon Engineering,HupFattBrothersEngineer-ing, Index Precision Indus-tries,JCS-Vanetec,JEPPre-cision Engineering, MeibanGroup,Microcast,Nanotech-nologyManufacturing,OnnWah Precision Machining,Racer Technology, Solidmi-cronTechnologies,STKinet-ics Integrated Engineering,Trek 2000 International,Tru-Marine,VigorPrecisionEngineering and Wah SonEngineering.

In conjunction withMTA2013, the SingaporeInstitute of ManufacturingTechnology (SIMTech) willbe organising the PrecisionEngineeringCentreofInno-vation(PECOI)AnnualCon-ference 2013 on 11 April,and also exhibiting at theeventfrom9–11April.Vis-itorswillnotonlygettowit-nessacentrepieceboothbySIMTech,theywillalsohavethe opportunity to networkand interact with industryandbusiness thought lead-ers at the PE COI AnnualConference.

For more information on the MTA 2013 and online regis-tration please visit the web-site at: www.mta-asia.com

MTA 2013 Set to Unveil Precision Engineering Technology

T hemergerprocessoftwostate-ownedcompanies,respectively PT Sur-veyorIndonesiaandPT

Sucofindo,willbeheldstartingMarch2013,SemarangBranchmanagerofPTSurveyorIndone-sia,EpiDarlishassaid.“Eachteamwillrecordassets

ofbothcompanies,inwhichtheresultswillbediscussedduringgeneral meeting of sharehold-

ers,”DarlissaidhereonThurs-day. According to him, it wasStateEnterprisesMinisterDahl-an Iskan s initiative to mergerthetwostate-ownedcompanies.

The merger is conducted inanefforttoenhancebusinessofthetwocompaniesbecausebothfirmshavesimilarbusiness,ex-pertiseandmarket,hesaid.“Wehave no idea whether Survey-or Indonesia or Sucofindo willbechosenasthenameafterthetwo companiesmerged, orper-hapstherewillbeanewnamesuch as BankMandiri,” Darlisnoted.BankMandiriisanewname

for four merged banks namelyBankBumiDaya (BBD),BankDagang Negara (BDN), BankExport Import Indonesia (Bank

Surveyor Indonesia, Sucofindo To Merge in March

The 4th ICCSR Brings Ways to Implement CSR Ethically

“The4thICSSR2013willpro-videinsightstothedelegatesastowheretheCSRopportunitieslieinourgrowingmarketinIn-donesia.Wewillalsohavebestpractices be exchanged to en-able companies to model theirbusinessesandtakeonCSRre-sponsibility,”headded.YantiTriwadiantini,Executive

Director of Indonesia BusinessLinks,saidIBListargetingmorethan300delegates fromdiffer-entbackgrounds;majorcompa-

nies in Indonesia, representedby its CEO and corporate offi-cersinchargeofCSR,leadersoforganizationssociety,academia,andgovernment.Morethan60speakerswill discussmajor is-suesconcerningCSRandstrat-egyimplementation.“Wehope theconferencewill

bringthediscussionofthelatestissuesofCSR,thechallengeandthe opportunity, to learn frompractitionersandexpertsabout‘Sustainability’, aswell as gain

Indonesia Business Links (IBL), as the leading CSR advocate in Indonesia, will host

the bi-annual conference on CSR: “The 4th International Conference and Exhibition on

Corporate Social Responsibility” (ICCSR) on 13-14 March 2013 at Balai Kartini Exhibition

& Convention Center, Jakarta, Indonesia.

Indonesia Business Links(IBL),astheleadingCSRadvo-cate in Indonesia,willhost thebi-annual conference on CSR:“The 4th International Confer-ence and Exhibition on Cor-porate Social Responsibility”(ICCSR)on13-14March2013atBalaiKartiniExhibition&Con-ventionCenter,Jakarta,Indone-sia.Opened by Prof. Kuntoro

Mangkusubroto, Head of thePresident’sDeliveryUnitforDe-velopmentMonitoringandOver-sight and Head of Indonesia’sREDD+TaskForce,thisyear’sConference’s theme is “BeyondCSR:AWayofLife”–Implement-ingCSREthically.Itisexpectedthat the delegates understandthe latest CSR issues, addresschallenges and opportunities,learn from leading sustainabil-ity practitioners, aswell as ac-quirecrucialtoolsandresourc-estobuildsustainablebusinessstrategiesinIndonesia.

Noke Kiroyan, Chairman ofIndonesiaBusinessLinks,said,“The 4th International Confer-enceandExhibitiononCSR2013istailoredtoencouragecompa-niestomeetindustryexpertstoexchangeCSRideas,innovativesolutions,andexperiences. In-donesiaBusinessLinks’goal istoensurethattheConferenceisaneffectiveplatformwheredele-gatescanbenefitfromeachoth-er,developlong-termCSRsolu-tionsorinitiatives,tohelpthemmeetthegrowingexpectationoftheirstakeholders.”

essential knowledge to build asustainablebusinessstrategyinIndonesia,”saidYanti.

LilyWidjajaastheConferenceDirectorof the4th Internation-alConferenceandExhibitiononCSR2013,said“WearehonoredthatMr.KuntoroMangkusubro-towillopentheconference.WearealsolookingforwardtoJokoWidodo,Jakarta’sGovernor,andDahlan Iskan, SOE Minister,willbepresentattheclosingoftheconference.“She added, “The 4th Inter-

national Conference and Exhi-bitiononCSR2013isindeedagood place for the delegates toexpandtheirbusinessnetwork-ingand for interaction,andanopportunity not to be missed.Thiswillbeencouraged todis-cuss and stimulate conscienc-esamongthemselvesandtheirstakeholders, and that CSR be

implementedethically,aswellasitwillprovideapeer-learn-ing on how integrating CSRintobusinesswayoflife.”

The conference will consistof four sessions which eachsession will feature represen-tatives fromeachsector:CSRexperts,NGOs,andacademia.Break-out sessions will focuson a variety of topics, amongothers,oftheAnti-Corruption,Environmental Protection,ConflictandDisasterRiskMit-igation.Alongside the conference,

therewillbeanexhibitionona showcase ofCSR initiativesandactivitiesfromvariousor-ganizations.

For more information on the 4th ICCSR and online registration please visit the conference web-site at: www.ibl-conference.org

Lily Widjaja, Conference Director of the 4th International Conference and Exhibition on Corporate Social Responsibility (left) and Yanti Triwadiantini, Executive Director of Indonesia Business Links (IBL).

Para delegasi akan membahas isu-isu CSR terkini, menjawab tantangan dan peluang, berbagi pengalaman dari para pakar dan praktisi, serta mendiskusikan strategi bisnis berkelanjutan di Indonesia.

With rising need for state-of-the-

art equipment and tech capabilities for highly demanding

manufacturing environments,

MTA2013 will offer industry buyers a wide selection of

products and solutions specifically fashioned

for these sectors.

EXIM)andBankPembangunanIndonesia(Bapindo).Darlis said PT Surveyor In-

donesia absorbed 4.4% sharefromPTSucofindo,10.4%fromSocieteGeneraledeSurveillace(SGS),and85.12%fromtheIn-donesiangovernment.

PTSurveyorIndonesia,whichwasestablishedin1991,hasof-fered several types of servicesamong other things productscertification, verification of im-ported/exported goods, pricesverification and estimation, in-dustrialdevelopmentconsultan-cy,ecolablecertificationandtheimplementation of governmentprogramsmonitoring.Meanwhile,PTSucofindo(Su-

perintendingCompanyof Indo-nesia) isastate-ownedfirm, in

whichitsbusinesscoversamongother things inspection, moni-toringandassessment.Some 95% of Sucofindo s

share is owned by governmentandtherestbelongstoSGS.

Themergerisconductedinanefforttoenhancebusinessofthetwocompaniesbecausebothfirmshavesimilarbusiness,expertiseandmarket

We have no idea whether Surveyor Indonesia or Sucofindo will be chosen as the name after the two companies merged, or perhaps there will be a new name such as Bank Mandiri.”

Epi DarlisSemarang Branch manager ofPT Surveyor Indonesia

Thegovernmentplans toen-courage PT Industri Teleko-munikasi Indonesia (INTI) toconsolidate with PT LembagaElektronika Nasional (LEN) toimprove the companies finan-cialperformance.“By consolidating it is hoped

thecompanieswouldhavemorecompetitive edges and be abletotakepartintendersandcar-ryoutlarge-scaleprojects,”StateEnterprisesMinisterDahlanIs-kansaidhereonTuesday.Hesaidanewcompanywould

be set up for the restructuringprogram.“INTIandLENwouldbemergedwithnonebeingdom-inant in thenew company,”headded.Theministerdidnottellabout

the name of the new company

noritstotalassets.“What is certain is that PT

INTI`s assets are bigger thanLEN`s although the two havetheirownsuperiority,”hesaid.Dahlan said the consolida-

tion optionwas taken after PTTelkom`splantoacquirePTINTIwascancelled.BeforePTTelkomplanned to acquire 49% of PTINTI`ssharesinviewofthetwocompanies similarlinesofbusi-ness. The plan was cancelledbefore it was approved by theHouse of Representatives andministerDahlanreplaceditwithconsolidation.

Dahlan meanwhile said theplannedmergerbetweenPTSu-cofindoandPTSurveyorIndone-siawouldsoonberealizedwitha

newcompanyPTSurfindotobesetupforit.“Theconsolidationwillnotbedoneupon“whotakesoverwho”principlesbutonwhohasthebiggerassets,”hesaid.Dahlansaidthepresidentdi-

rectorofPTSurfindohasalreadybeennamedaswellasmembersofitsboardofdirectors.“IhavenamedFahmiSidik,theformerpresident director PT SurveyorIndonesia,presidentdirector (ofthenewcompany),”hesaid.

DahlansaidPTSurveyorIn-donesiaandPTSucofindomustconsolidate because the twocompanies lines of business,expertise and markets are al-mostthesame.“Thetwocompa-niesareoverlappingwithalmost100%oftheirbusinessactivities

beingsimilar.So,theymustbemergedtomakethemmorepow-erful,”hesaid.He also did notmention the

value of their assets or theirbusiness capabilities. Themin-istersaiditwashopedthecon-solidation could help the gov-ernmentespeciallytheministryof trade monitor export-importactivities.”Oursurveyormustbe-comebigorotherwisetheservicebusinesswouldbecontrolledbyforeigncompanies,”hesaid.

Dahlan said to merge state-ownedcompanieshisofficefirsthadtoaskforpermissiontotheHouse of Representatives andthe finance ministry before agovernmentregulationwouldbeissuedforit.

PT INTI, PT LEN to Merge

B3

Investmentwww.thepresidentpost.com March 2013 Vol.2 No. 3

PTDHLSupplyChainIndonesiaannouncedhereonWednesdayitwould invest Rp51.2billion (40 million

euro) in the next few years tostrengthenitsfrontlinepositioninthecountry smarket.“Indonesiaisourmainfocus.

IndustrialexpertshavepredictedIndonesiawillgrowatanaverageof6.3%andoursupplychainin-dustrybytwodigits,”DHLSup-plyChainCEOforSouthAsianand Southeast Asia, Oscar deBok,said.

Until2015,hesaid,DHLplansto increase its transportationfleetbymorethanonehundredpercentfrompresently370vehi-cles.“Wewillincreaseourwork-ersbymorethan70%frompres-ently2,250andwarehousesbyupto60%toincreasethenum-berof ournetworks frompres-ently164,”hesaid.

DHL has also built a newwarehouse on a 17,000 squaremeter plot of land in Cimang-gis.Thefacilityisusedforcon-solidatingandkeepingpackages

beforebeingredistributedto300distribution networks and fourcompaniesinthearea.The warehouse has docks

enoughtoaccommodate176con-tainersadayor64,240ayear.Itsstrategiclocationmeanwhilewill make it possible for quickdeliveriestobedoneacrossJa-kartaandprovideeasieraccesstothemainpointofexportsac-tivities,hesaid.

He said the new warehousewould complete other specialwarehouses in Cikarang, Mar-unda,Sunter,SentulandCilil-itan that support customers inautomotive,retailandhigh-techcustomers.

Energy and mineral re-sourcesministerJeroWaciksaid here on Monday “in2012investmentinthesec-torsroseto$33.7billionandthisyearitisexpectedtorisefurtherto$38.9billion.”He said last year s hike

fromthepreviousyearwasproof that Indonesia wasreally attractive for invest-ment.“Itisproofhowattrac-tiveisIndonesiaintheeyesofbothnationalandforeigninvestors,”hesaid.Theministeradmittedthat

therewerestillcaseshinder-inginvestmentbutingener-al the investment situationwasgoodasreflectedbytheinflowof foreign investmentthatreached$33.7billionin2012.Investmentintheen-ergysectorsincludeoil,nat-uralgas,minerals,coalandrenewableenergysources.

Lastyear,hesaid,BPfromBritain decided to increaseits investment in Indone-siato$12billiontodevelopitsfieldinTangguh,Papua.ChevronfromtheUSmean-whilehadalsoexpresseditscommitment to increasingitsinvestmentby$10billionto develop its natural gasfields,hesaid.EramecfromFrancealso

would start its new invest-ment project worth $5 bil-lion,headded.

DHL to Invest Rp51.2b to Strengthen Domestic Market

BKPM to Accelerates15 Infrastructure Projects

The National Investment Coordinating Board (BKPM) has facilitated the accelera-tion of the development of 15 infrastructure projects worth Rp100.66 trillion last year.

Of the 15 infrastructure projects, five proj-ects used a government-private scheme, Fritz Silalahi, the BKPM`s investment infrastruc-ture planning director, said here on Monday.

The five projects are PLTU 2 x 1.000 MW in Central Java, Cruise Ta-nah Ampo terminal project, Soetta-Manggarai railway project, Medan-

Kualanamu toll project, and Umbulan clean water poject, with total in-vestment worth Rp54.52 trillion.

The investment body has offered various infrastructure projects to receive capitals from abroad, he said. The government has been fo-cusing on its priority infrastructure development program called the In-donesian Economic Development Acceleration and Expansion Mas-ter Plan (MP3EI) 2011-2025.

Envoy Slams Complicated Investment Bureaucracy

German Ambassador to Indo-nesia Dr. Georg Witschel said that complicated bureaucracy poses an obstacle to foreign in-vestment inflows in the country.

INVESTMENT BRIEFS“Several German companies are concerned about the very difficult

bureaucracy in Indonesia,” said Witschel in an interview with Antara here on Monday.

According to him, although the Indonesian Investment Coordinating Board (BKPM) has managed to shorten the process of foreign invest-ment applications, the procedure of applying for investment permits in several regions in the country is still complicated.

However, he added that Indonesia could resolve the problem by simplifying bureaucracy to attract more foreign investors.

“Another obstacle is poor sea infrastructure as the companies have to distribute or transport goods from island to island,” he said.

Witschel noted that sea transportation in Indonesia is often too slow as the country has a few deep seaports to accommodate tall cargo ships. “Another very important point is the average school attendance in Indonesia is still low so skilled workers are less good developed than the number of other Asian countries,” he said.

In addition, Witschel said the increase of minimum wages may be a disincentive for several industries in Indonesia.

Minister Upbeat onEnergy Investments

President Susilo BambangYudhoyonometwithchiefexecu-tiveofficersoftopGermancom-paniesaspartofhisworkingvis-itinthecountry,TradeMinisterGitaWirjawansaid.“ThePresidentmetwiththree

to four CEOs of Volkswagen,Ferostaal, Accor and Siemenswhichplantomakelargeinvest-mentinIndonesia,”hesaid.Teuku Faizasyah, presiden-

tialaideforinternationalaffairs,said in a press statement re-leasedonThursdayeveningthePresident left forBerlinonSat-urday.“Duringhisvisit inGer-many,thePresidentwillholdbi-lateral talks with the GermanPresident and Chancellor. Thetwobilateraltalkswilldiscussafollow-uptocomprehensivepart-nershiplaunchedbytheIndone-sianPresidentandtheGermanChancellor in Jakarta on July10,2012,”hesaid.

AtthebilateraltalkswiththeGerman Chancellor, the twoleaders will announce a list offigures from the two countrieswho will become members oftheIndonesia-GermanAdvisoryGroup(IGAG),hesaid.Inaddition,theywillalsodis-

cuss in details the priorities ofcooperationinthefieldsoftrade,

investment, health, education,research, technology, and de-fenseindustry.Alsohighontheagendaofthemeetingwillbeco-operationrelatedtofoodsecuri-ty,energysecurityandtranspor-tation,hesaid.

While in Germany, Yud-hoyonowillalsoreceivecourtesycallsfromformerGermanpresi-dentHorstKohler,GermanFor-eignMinisterGuidoWesterwelle,and Berlin Mayor Herr KlausWowereit.Yudhoyonowillalsoopenan

international tourism bourse,along with the German chan-cellor. Indonesia is a a partnercountry in the exhibition. HewillalsomeetwiththeIndonesiadiasporacommunityinGerma-nyduringhisstay.From Germany, Yudhoyono

willcontinuehistriptoHungaryonMarch5forafour-dayvisit.

SBY Meet with TopGerman Investors

Dr. Georg Witschel

Jero Wacik“ThewarehouseinCimanggisis the third built-to-suit ware-house offering special featuresdesigned for customers operat-ingindailyconsumergoodsin-dustries,”hesaid.

DHLSupplyChainIndonesiaManaging Director Abdul Ra-himTahirmeanwhilesaidDHLwould continue to strengthenits customers foothold in Indo-nesia by continuously expand-ingitsservicetoindustriesthathavedevelopedfastinthecoun-trysuchasinconsumption,au-tomotive,energy,retailandtech-nologysectors.“Wehavedevelopedspecialex-

pertiseinthefieldsandhaveap-

pliedourbestexperienceatlocallevels,” he said. Besides invest-inginoperationalareas,hesaid,DHLhasalsobeencommittedtoactively supporting the careersofitsworkersbyprovidingtrain-inganddevelopmentprograms.

Rightnowasmanyas40em-ployeesare followingadiplomaprogramattheCharteredInsti-tute of Transport andLogisticsin UK,” he said. He said since2012DHLhassetupfouroper-ational simulation centers andtrainedmore than1,000work-ers,addingworkersatalllevelsmay participate in talentman-agement programs at locla, re-gionalorgloballevels.

DHLhasalsobuiltanewwarehouseona17,000squaremeterplotoflandinCimanggis.

Foreign investors interest instaterupiah-denominatedbondshascontinuedtoriseinlinewithincreasingyieldsreachingare-cordlevelthismonth.Economic observer Gundy

CahyadisaidhereonThursdaythe Inter-DealerMarketAssoci-ation (IdMA) index had shownstate IDR-denominated bondshadcontinuedtorallyinFebru-ary.“Overallpricereturnshavealsomadethehighestrecord.Atthesametimewehavealsoseenhowforeignportfolioinvestmentroseagainthismonth,”theecon-omist from OCBC NISP Banksaid.Theyieldofthestatebondin

January 2012was recorded at113.4pointswhileinDecember2012at117.7andthismonthat117.97.Foreignbondownershipin January 2012 meanwhilereached 32% and in Decem-ber201232.9%andthismonth33.5%.

Gundysaid thehikeshowedthattheflowofportfolioinvest-ment to the state bondmarkethadremainedatapositivelevel

sinceSeptember2012orinthepastsixmonths.He said the increase in the

yieldandinvestors interestwasdriven by the rupiah exchangerate that had continued to bepressureddue to the country sbalanceoftradewhichremaineddeficit and the fact that worldeconomicconditionshadnotyetrecovered.“Why foreign investors in-

terestinthestatebondhasre-mainedhighbecausetheworld`sliquidity is still veryhighespe-ciallydrivenbytheworld`scen-tral banks that continued im-pressingtobeaccommodative,”hesaid.Hesaidthetotalvalueofthe

financial balance ofmain cen-tralbankssuchastheFed,theEuropean Central Bank, theBankofEnglandandtheBankofJapanhadcontinued to riserecentlygivingthembiggercour-agetoseekhigheryields.“The Indonesian government

bond is one of the assets thathas been considered attractive,moreovertherateofinflationinthe country is still very low to

make the real interest rate re-main within a positive territo-ryunlikethatinmostofthead-vancedcountriesrightnow,”hesaid.Hesaidthedesiretobuythe

governmentbondwasprojectedtoremainstrong inviewof thehuge liquidity in theworldandthelowinflationrateinIndone-sia.“Intheoryifthedomesticin-flationismovinguptheyieldofthegovernmentbondmustalsorisetomaintaintherealinterestratetoremainatthesamelev-el,”hesaid.

With regard to that Gundysaid therehadbeen signs thatunderlying inflation pressureshadstartedtoincreaseduetoin-flationinthefoodgroupthathasstartedtoriseandstoriesaboutnaturalgaspricehikesandpos-siblyoilpriceslateraswellwhichisstillopen.“Ourprediction istherateof

inflationthisyearwillremainatbetween6.0and6.5%abovethegovernment stargetsetat3.5to5.5%percentandlastyear sav-erageof4.3%,”hesaid.

Foreign Investors Eye State Bonds

The President met with three to four CEOs of Volkswagen, Ferostaal, Accor and Siemens which plan to make large investment in Indonesia.”Gita WirjawanTrade Minister

B4

Infrastructurewww.thepresidentpost.comMarch 2013 Vol.2 No. 3

The governmentis strengtheningcoordination withJapan InternationalCooperation Agency

(JICA) in order to acceleratethe implementation of 18MetropolitanPriorityArea(MPA)projects, which have a totalestimated investment value ofRp208.2trillion.LuckyEkoWuryanto,Deputy

for InfrastructureandRegionalDevelopmentoftheCoordinatingMinistry for Economic Affairs,said that theMPAMasterPlancovers45infrastructureprojectsthataretargetedtobecompletedin2020.Of the total projects, the

governmentandJICAhasset18fasttrackprojectstohavetheirconstructionworksundertakennolaterthan2014.“JICA came to discuss the

issue of targeted acceleration.Thereare18projects.Theywanttogetsomehelpfromus,sowepursue coordination for this

accelerationeffort,”Luckysaid.There are some MPA fast

track projects that are alreadyunderway, he said, such asthe construction ofmass rapidtransit (MRT), development ofSoekarno-Hatta Airport, andTanjungPriokPortaccessroad.“Theyaskforhelpsothatthe

Java-Sumatera transmissionproject can be faster, askingwhether the requested loanamount issufficientornot,”hesaid.Based on data from JICA,

the 18MPA fast track projects

18 MPA Projects Accelerated by 2014

The central governmenthas asked local governmentsto increase the involvement ofthe private sector to spur localinfrastructuredevelopment.President Susilo Bambang

Yudhoyono(SBY)saidtherearetwostepsthatlocalgovernmentscan undertake to increase thecapacity of infrastructure intheir respective regions,despitethebudgetconstraintsfacedbythegovernment.

First, local governmentscan reduce the burden ofroutine expenditure, includingpersonnelexpenditure,inorderto open the fiscal space in thestate budget (APBN) and localgovernmentbudgets(APBD).Thefiscalspacecanbeusedbylocalgovernmentstoincreasecapitalexpenditureallocationsforlocalinfrastructuredevelopment.Second, local governments

can invite private investors to

get involved in infrastructuredevelopment, especially forprojects that have commercialvalue. Private firms can beengaged in public privatepartnershipscheme.

“In order not to chargeeverything to the state budget,private investorscanbe invitedto build infrastructures thathavecommercialvalue,”hesaid.SBY warned that the plan

to involve the private sectormust also be accompaniedwith business and investmentclimate improvements throughregulatorychangesandpoliciesthat could attract potentialinvestors.

Inaddition,localgovernmentsshould facilitate licensing sothatthecooperationestablishedwill not be disrupted byadministrativeandbureaucraticissues.

Infrastructure Development:SBY Asks Local Governments

to Involve Private Sector

The government shouldincrease incentives and boostinfrastructure outside Java,especially ineastern Indonesia,asthecurrentspatialinequalityis getting worse. Banks arealso encouraged to open morebranchesintheeast.Spatial Inequality between

the western and eastern partsof Indonesia can be seenfrom contribution to the 2012gross domestic product (GDP).Java, although its land areaaccountsforonlysevenpercentof Indonesia’s total land area,hasacontributiontoGDPthatreached 57.63%. This disparityoccurs because secondary andtertiary economic activities areconcentrated in Java, whilethe other islands rely solely onprimaryeconomicactivitiesthatarenaturalresource-based.

Such was a summaryopinions from Chief Economistof Bank Mandiri, DestryDamayanti; Deputy Chairmanof the Indonesian Chamber ofCommerceandIndustry(KadinIndonesia), Anindya Bakrie;

Deputy Minister of NationalDevelopment Planning (PPN)/Bappenas, Lukita DinarsyahTuwo;DeputyMinisterofState-Owned Enterprises (BUMNs),Mahmuddin Yasin; andDeputy for ImplementationandInvestmentControlofBKPM,M.AzharLubis.Based on data from the

CentralStatisticsAgency(BPS),structurally, the map of theIndonesian economy cannotbeshiftedforthenext30yearssince Java has become toodominant intermsofeconomicactivities. Of the GDP amountof Rp 8,241.9 trillion, Javacontributes57.63%.Sumatraisabletocontribute23.77%tothenationalGDP,whileKalimantan

onlyhas9.3%,Sulawesi4.73%,Bali-Nusa Tenggara 2.51%percent, and Maluku-Papua2.06%.

Java accounts for 65.9% ofsecondary sectors, such asindustry, electricity, gas, watersupply, and construction. Javaalso controls 66.15% of thetertiarysectoractivities,suchastrade,transport,andfinance.Java’s domination in

the secondary and tertiarysectors has been powered bythe availability of adequateinfrastructure and humanresources (SDM). In contrast,74.2% of economic activitiesoutside Java are sourced fromthe primary sectors, such as

Boosting Infrastructure andIncentives Outside Java

PT Pelabuhan Indonesia(Pelindo) III has budgetedinvestment funds worthRp6.1 trillion this year.Allocation of the funds isto increase loading andunloading productivity andimproveservicesattheportsunder their management,which, in turn, will havea positive impact on theeconomy.“Wehopetostimulatethe

realsectorandabsorbmorelabor, especially workersfrom the local areas,” saidFinanceDirector of PelindoIII,WahyuSuparyono.

The funds will bedisbursed,amongothers,forthedevelopmentofTanjungPerakPort,Surabaya,tothevalue of Rp3.1 trillion. Thefunds will also go towardsrevamping the Port of

TanjungMas,Semarang,totheamountofRp100billion.In addition, Pelindo III will

invest in South Kalimantan(PortsofBanjarmasinandKotaBaru), Central Kalimantan,West Nusa Tenggara and EastNusaTenggara.

Approximately half of thetotal investment funds,Wahyucontinued, will be used todevelop the Port of TanjungPerak. Currently, the queueof ships to do loading andunloadingstilltakestwotothreedays;subsequentlythetargetisto minimize the loading andunloadingtime.

“Right now, constructionactivities are underway atthe Port of Tanjung Perak.Meanwhile, its operations areexpectedtobeinitiatedinearly2014,”hesaid.

Pelindo III Budgets Investment of Rp 6 Trillion in 2013

Ministry of PublicWorkshas noted there are twotrans-Sumatera toll roadprojectswhoseconstructiongetsaprioritybecausetheyhave good internal rate ofreturn(IRR).The two prioritized

projects are the 358km-longLampung-Palembangsegment, with an IRR of17%, and the 548km-longPekanbaruMedansegment,withanIRRof16%.However,these levels of IRR remainfar from feasibility. Ideallya segment is consideredfinancially feasible if it hasanIRRofatleast18%,hencethe trans-Sumatera tollroad greatly needs fundingsupportfromthegovernmentforallitssegments.

Head of PublicCommunication Centre oftheMinistryofPublicWorks,DanisSumadilaga,saidthathisinstitutionhasscheduledpreparations of trans-Sumatera construction totake place during 2012-2014. The preparations arebeingdonebyassessingthefeasibility of constructionand making an estimationoftheamountofgovernmentsupport to realize the toll

road that will connect BandaAcehwithLampung.Inthestudyconductedbythe

MinistryofPublicWorks,trans-Sumatera highway is dividedinto seven main segments,namely Lampung-Palembang,P a l emba ng - P ek a nba r u ,Pekanbaru-Medan, Medan-Banda Aceh, Palembang-Bengkulu, Pekanbaru-Padang,andMedan-Sibolga.

“The first four segments areprioritized, and not yet for thethreeothersegments.Althoughtheyhavetheprioritizedstatus,based on the IRR calculations,there are perhaps only two forthetimebeing,”Danissaid.He explained the IRR of

the segment from Lampungtowards Palembang reaches17%duetothereasonablyhighmobility of vehicles from thePortofBakauheni.Thenumberof vehicles moving towardsPalembang also makes thesegmentoneofthepriorities.Meanwhile, the IRR of the

Pekanbaru-Medan segment isquitegood(16%)becauseofthetwo-way mobility from Medanto Pekanbaru and vice versa.Furthermore, there are twomajorportsinthearea,therebyincreasing the feasibility of theroadsegment.

Trans-Sumatra Project:Two Segments Get Priority

TheMPAMasterPlancovers45infrastructureprojectsthataretargetedtobecompletedin2020.Ofthetotalprojects,thegovernmentandJICAhasset18fasttrackprojectstohavetheirconstructionworksundertakennolaterthan2014.

include the development andexpansion of the containerterminal in North KalibaruworthRp24trillion,developmentof a new port in CilamayavaluedatRp14.9trillion,SmartCommunity Rp300 billion,Soekarno-Hatta Airport trainRp12.5 billion, development ofSoekarno-Hatta Airport worthRp16.4trillion,andMRTRp33.3trillion.Lucky said that most of

the hurdles confronting theprojects are related to land.Asa result, most of the projectshave justentered the feasibilitystudy phase.Other constraintsincludepermittingandfundingcommitments.JICA Vice President, Hiroto

Arakawa, said that JICA willprovideassistancerangingfromfeasibilitystudy,construction,totheoperationsofMRT.“We will provide support

ranging from feasibility study,design, and even construction.Soitisnotonlyfunding.”

www.tender-indonesia.com

Tanjung Priok Port access road, one of MPA fast track projects that is already underway.

We will provide support ranging from feasibility study, design, and even construction. So it is not only funding.”

Hiroto ArakawaJICA Vice President

In the study conducted by the Ministry of Public Works, trans-Sumatera highway is divided into seven main segments, namely Lampung-Palembang, Palembang-Pekanbaru, Pekanbaru-Medan, Medan-Banda Aceh, Palembang- Bengkulu, Pekanbaru-Padang, and Medan-Sibolga.

agricultureandmining.Thisgapininfrastructureand

humanresourcequalityiswhatmakes the production sectoroutsideofJavacanonlyrelyontheprimarysector.Itisalsothisinequality that has made thevelocityofmoneyandinvestmenttoflowmoreinJava.

Of the total Rp221 trillionactualforeigndirectinvestmentduring 2012 as reported byBKPM,WestJavatookupforeigninvestment to the tune of $4.2billion,DKIJakarta$4.1billion,Banten $2.7 billion and EastJava$2.3billion.Fromthebankingside,some

72.38% of the 3,461 bankoffices are located in Java and

Sumatera. Meanwhile, bankoffice networks in the largeislands, such as KalimantanandSulawesi, only account forabout8-8.5%of thetotalbankbranches. The concentrationof banking networks alsoleads touneven spread of loanprovisions.

At the end of 2012, Javaabsorbed Rp 2,003 trillion(73.97%)ofthetotalbankcreditofRp2.707 trillion.Of the totalthird party funds amountingto Rp3.225 trillion, Java wasresponsible forRp2.450trillion,or75.98%.The benefits of funds from

the State Budget (APBN) havealsonotyetbeenfeltmaximally.Channeling of the generalallocation fund (DAU), whichbecomes part of the regionaltransfer funds, has remainedconcentrated in Java andSumatera.Of the total DAU amount

of Rp311 trillion, Java got anallocation of Rp102.31 trillion(33%) and Sumatera Rp83.8trillion(27%).

Java, although its land area accounts for only seven percent of Indonesia’s total land area, has a contribution to GDP that reached 57.63%. This disparity occurs because secondary and tertiary economic activities

are concentrated in Java, while the other islands rely solely on primary economic activities that are natural resource-based.

SBY warned that the plan to involve the private sector must also be accompanied with business and investment climate improvements through regulatory changes and policies that could attract potential investors.

www.presidenri.go.id/Rusman

B5

Transportationwww.thepresidentpost.com March 2013 Vol.2 No. 3

PT Angkasa Pura IIis targeting to holda tender for thecon-struction of theSoekarno-Hatta Air-

port Railway Station, which isworth hundreds of billions, inJune-July2013.Theplanisforthisspecialtrainstationprojecttocommenceaftercompletionofthetenderprocess.PresidentDirectorofPTAng-

kasaPura(AP)II,TriS.Sunokosaidthathiscompanyisstillfi-

nalisingdetailedengineeringde-sign(DED)fortheairporttrainstation project. The companycannotyetconfirmthestation’stotalareaandinvestmentvaluebecausethesearestillbeingdis-cussed.Induecourse,accordingtoTri,

Soekarno-Hatta Airport TrainStationwill integrateanumberofterminals,includingTerminal1andTerminal2,withthecon-ceptofintegratedbuilding.Thestationwillbelocatedbe-

tweenTerminal1andTerminal2,oronthepathtowardstheTKI[Indonesian workers overseas]specialterminal.Theconceptofintegratedbuildingpresentsaninter-terminal connector build-ingofferingone-stopservices.“Compared to the train sta-

tioninKualaNamuAirport,this[Soekarno-HattaAirportStation]ismoremodern.Itwillbeinte-grated with a [shopping] mall.The station is modern and al-ready[equippedwith]technologyandinformation,”hesaidonthesidelinesofaseminaronSoeka-rno-HattaAirportCargoVillage,Tuesday.Theairportrailwaylinetobe

Airport Train: Tender for Station Begins in July 2013

Garuda Indonesia and Eti-hadAirwayshaveannouncedanumber of new codeshare des-tinations in Indonesia, Europe,theMiddleEast,SingaporeandAustralia.TheAbuDhabi-basedairline’s

EYcodeisnowonGarudaIndo-nesia flights between Jakartaand Singapore, Denpasar Bali,Manado,Surabaya,BalikpapanandMakassarandbetweenAbuDhabiandAmsterdam.Garuda Indonesia has also

placed its GA code on EtihadAirways’ flights to five new cit-ies, namely Dusseldorf, Frank-furt, Munich, Bahrain, MilanandBrussels.GarudaIndonesiaandEtihad

Airways customers will benefitfurther fromJune21 thisyearwhenGarudaIndonesiaincreas-es frequency between Jakar-taandAbuDhabiandonwards

to Amsterdam from four to sixflightsweekly.Thiswillbringto13 the total number of weeklyflightsbetweenthecapitalcitiesofIndonesiaandtheUAE.

In another significant move,from21June2013,EtihadAir-wayswill re-time its flightsbe-tween Jakarta and AbuDhabitoofferseamlessconnectivitytoandfromevenmoredestinationsin the airline’s global network.Thiswill includeAmman,Bas-ra,Erbil,andKuwaitintheMid-dle East; Athens, Istanbul andLarnaca in southern Europe;Astana, Almaty, Moscow andMinsk in eastern Europe; Nai-robiandJohannesburginAfri-ca;andSaoPaulo,Washington,NewYorkJFK,ChicagoandTo-rontointheAmericas.AlsoinJune,GarudaIndone-

siawill commence services be-tweenJakartaandPerth,whichwill be operated with the EYcode.TheseflightswillbetimedtoconnectwithservicestoandfromAbuDhabi,givingcustom-ersofbothairlinesintheMiddle

Garuda Indonesia, Etihad Airways Offer More Codeshare Flights, New Destinations

built by PTKereta Api Indone-siawillstartatManggaraiSta-tionandendatSoekarno-HattaAirport. “Currently,KAI iscon-ducting land acquisition, whilewearepreparingthestation,”hesaid.Hemadeanestimatethatthe

construction of the station willbe completed in early 2014, sothat,perhaps, thetraincanbecommissionedinmid2014.Meanwhile,PTKeretaApiIn-

donesia(KAI)saidthatitispre-paringatenderforthebuildingof Soekarno-Hatta CengkarengAirportrailwayline.Thetrackbeingprepared,ac-

cording to President Director

of KAI Ignatius Jonan, is fromBatu Ceper to Soekarno-HattaAirportinCengkareng.“I cannot yet reveal all, land

prices may go up again,” hesaid.MakmurSyaheran,Commer-

cialDirectorofPTRailink,asub-sidiaryofPTKAIandPTAPII,saidthathiscompanyonlyhan-dles theconstructionofSoeka-rno-HattaAirportrailwayfacili-tiesandisnowintheprocessofholdingatenderfortheprocure-mentof60unitsof theairporttrain.Anumberofforeigninves-torshaveparticipatedintheten-derand thewinnerwillbean-nouncednextyear.

Thestatecompanymanagingairports in the western partof Indonesia, PT AngkasaPura (AP) II,will build a cargoterminal (cargo village) worthRp2.1trillionintheSoekarno-HattaAirportarea,Cengkareng,Tangerang,Banten.AP II president director,

Tri S Sunoko, said that thecargo terminal construction isplannedtostart in2014anditcan be operated by mid-2016.However, it is hoped that thecargo terminal project can beundertaken concurrently withthe construction of its access[road].

“I think it would be uselessfor us to build a cargo village,if its accessibility is not built.Imagine,ifallthevehiclesgoingto the airport take the middleroute,howcongestedthetraffic

willbe,”TrisaidinJakarta.Tri said that the cargo

terminalwillbeconstructed inresponse to the rising growthof cargo services. Currently,cargo volume has reached 629thousand tonnes per year,whereas the existing capacity

AP II Builds Cargo Terminal Worth Rp 2 Trillion

Aviation trainingcenter Baltic AviationAcademy (Lithuania)signed the memorandumof understanding with PTBandara Praniagatama(Indonesia) regardingaviationtrainingservicesinIndonesia.PTBandaraPraniagatama

is an Indonesian companyhighly experienced in thefield of aviation servicesand works with IndonesiaAirForce (TNIAU),GarudaIndonesia‚LionAir,MerpatiAirlines,RoyalMalaysiaAirForce (RMAF), Republic ofSingaporeAirForce (RSAF)andmanyothers.

“Baltic Aviation Academyhasastrongfocustodevelopits business activities inIndonesia. We are glad,to become businesspartners with PT BandaraPraniagatama. We believethatstronglocalplayer,withtheir network andpartnersin the background willhelp us to achieve set goal– to provide high-qualityaviation training servicesfor Indonesian airlines andprivate individuals,” saidEgle Vaitkeviciute, CEO ofBalticAviationAcademy.Meanwhile, Navitri

Ciptotomo, PresidentDirector of PT. BandaraPraniagatama, stated thatBaltic Aviation Academyis worldwide known TypeRatingTrainingOrganization(TRTO). It has capability toabsorbcustomers’needsandtocreateinnovativeproducts.Theirlatesttechnologyhelpsto provide high quality aircrewtrainingsandaviationbusinessmanagement.“PT.Bandara Praniagatama ismore than sure that BalticAviationAcademycanfulfillour needs through their

business group and network,”saidNavitri.

UptothisdateBalticAviationAcademyhastrainedmorethan15,000 aviation professionals.Itprovides45trainingcourses,includingtyperatingtrainingforBoeing737CL,Boeing737NG,Boeing 747-400, Boeing 757,Boeing 767, Boeing 777, Saab340/2000,AirbusA320,AirbusA330/340,ATR42-72,Embraer135/145, Embraer 170/190,Bombardier CRJ 100/200,BombardierCRJ700/900typesofaircrafts.Meanwhile, PT Bandara

Praniagatamaisspecializing inaviation consultation, aircraftleasing, airport management,training program for crewsand simulator training, avionicand communication systems,electronic systems, spare-parts supply,maintenanceandrepairs services. Currently thiscompany provides trainingsforB737-300/400;B737-200;Fokker27/28/50;A320;C-130.

Baltic Aviation AcademyStarts Cooperation withPT Bandara Praniagatama

Baltic Aviation Academy has a strong focus to develop its business activities in Indonesia. We are glad, to become business partners with PT Bandara Praniagatama. We believe that strong local player, with their network and partners in the background will help us to achieve set goal – to provide high-quality aviation training services for Indonesian airlines and private individuals.”Egle VaitkeviciuteCEO of Baltic Aviation Academy

is only 500 thousand. “So,at present, the existing cargocapacity at Soekarno-HattaAirporthas exceeded the limit,orovercapacity,sothereneedstobeanewcargoterminal,”hesaid.

Tri said that cargo terminalisastandardfacilityinaworld-class airport. Therefore, theconstructionofacargoterminalshould be done immediately.Withthecargovillage,thegrowthofcargoservices isexpectedtoreach1.5milliontonsperyear.With regard to the cargo

terminal development funding,AP II has several options. Theoptionsincludecooperatingwithstrategicpartners,bothlocalandforeign.However,determinationof the partners will certainlygo througharigorousselectionprocess.

TheairportrailwaylinetobebuiltbyPTKeretaApiIndonesiawillstartatManggaraiStationandendatSoekarno-HattaAirport.

I think it would be useless for us to build a cargo village, if its accessibility is not built. Imagine, if all the vehicles going to the airport take the middle route, how congested the traffic will be.”

Tri S SunokoAP II President Director

East, Europe and beyond newaccesstoWesternAustralia.

GarudaIndonesiaPresident&CEOEmirsyahSatarexpressedhisapprovalof thenetworkex-pansion.“TheagreementsignedinOctober2012hasgivenGar-udaIndonesiapassengersgreat-eraccessibilitytotraveltoeightydestinations in fifty countriesaroundtheworldservedbyEti-

(From left to right) Khaled Al Mehairbi, SVP Government and Aeropolitical Affairs UAE; James Hogan, President & CEO Etihad Airways; Emirsyah Satar, President & CEO Garuda Indonesia; Salman Al Farisim, RI Ambassador to UAE.

had Airways, from Indonesia,”hesaid.Meanwhile Etihad Airways

President&CEO,JamesHoganstated“ThecooperationbetweenEtihadAirwaysandGarudaIn-donesia continues to grow andprovidebenefitstobothairlines’customers, through broaderflightnetworks,greaterconnec-tivitybetweencitiesandflexibleflightschedules.”

DOK. Garuda Indonesia

The agreement signed in October 2012 has given Garuda Indonesia passengers greater accessibility to travel to eighty destinations in fifty countries around the world served by Etihad Airways, from Indonesia.”Emirsyah SatarPresident & CEO Garuda Indonesia

B6

Events Reviewwww.thepresidentpost.comMarch 2013 Vol.2 No. 3

BREAKFAST DIALOGUE

The Role of Social Enterprise and Social Investment Model in Breaking the Poverty Cycle

“Everybody canbe social en-trepreneurs.Whatever youdo,trytofinda

socialcostthatcanbenefitfromyourbusiness,”saidVeronicaataBreakfastDialogueheldinFi-nancialClubJakarta.VeronicaestablishedYCABon

August, 1999. She started hermission as she believed everychildhastherighttoeducationandopportunitytobeindepen-dent,while the fact is 7-8kidsdropoutfromschoolperminute,intotalof3millionperyear.YCABfocusesonyouthdevel-

opmentbyimprovingtheirwell-being through three areas ofconcentration: Healthy LifestylePromotion (HeLP), educationprovision (HoLD)and economicempowerment(HOpE).Healthy Lifestyle Promotion

(HeLP) focuses on drug abuseandHIVpreventionandeduca-tion inschoolsendorsedby re-spectivegovernmentbodies.HouseofLearningandDevel-

opment(HoLD)isthecommuni-ty learning centres (in Indone-siaknownas“RumahBelajar”)forunderprivilegedchildrenandschool dropouts through theprovisionofaccesstovocationalskills,digitalinclusionandEng-lishliteracy.Hands-on Operation for En-

trepreneurship/Employment(HOpE)istheeconomicempow-ermentarm.In2009,theystart-edasocialinvestmentprototypethroughaneducationlinkedmi-croloan.Itisa“conditionalmi-cro loan”where theattainmentofeducationbecomesthecondi-tionoftheaccesstofunds.Ami-croloanisgiventothemothersofstudentsandthefemalemicroentrepreneurs in their commu-nity.Theideaistocreateastable

incometothefamiliesofourstu-dentssotheycanfocusintheirstudy.Fortheseverypurposes,YCAB

builds partnerships among thelocal communities, business-es, and governments to enablea sustainable and functioningskilledlabormarket.YCABwasestablishedtolove

and give each child hope andopportunity, which will enablethemtobe independentandtotransformtheworld.“We’reinthebusinessofgiv-

inghopeandopportunitytoun-derprivileged people,” Veronicastated.Over the years, YCAB has

evolved intoasocialenterprise.Since2009,100%ofpublicdo-nationsgodirectlytoprograms.Alloverheadcostsarecoveredbytheprofitcentersandmicroloansoperation.“Soeverydollaryougivewill

godirectlytopeopleinneed,”Ve-

VeronicaColondam,CEOandfounderofYayasanCintaAnakBangsa(YCAB),definessocialentrepreneursasindividualsthatinitiatesocialprogramsthatinvolvesustainablebusinessmodels.

The President Post/Rians Rivco

PTJababekaTbk(KIJA)suc-cessfully organized an analystmeetingandsitevisittoitspow-erplantanddryportonFebru-ary27,2013.Theeventwasat-tended by about 15 analystsfromsecurityhousesandotherinstitutions, including BahanaSecurities,DBSVickersSecuri-ties,MorganStanleyAsiaIndo-nesia, Credit Suisse SecuritiesIndonesia, and UBS SecuritiesIndonesia.The analyst meeting was

kicked off with a presentationby TimBeekelaar, Investor Re-lations of PT Jababeka Tbk,and followed by a presentationfrom Suteja Darmono, Manag-ingDirectorofPTGrahabuanaCikarang,whollyownedsubsid-iaryofKIJA.Otherseniorman-agementofKIJAandsubsidiar-ieswerepresentaswell.Thepresentations,whichwere

heldatPresidentExecutiveClub,focused on the recent develop-mentsandperformanceofKIJAaswellasprospectsandstrate-giesgoingforward.Afterthepre-sentations,thegroupvisitedKI-JA’s power plant and dry port,bothconsideredkeyprojectsfortheCompany’sgrowthinthefu-ture.

KIJA Site Visit & Analyst Meeting

Veronica Colondam, the founder of YCAB (Yayasan Cinta Anak Bangsa).

Swiss Ambassador Heinz Walker. Commissioner of BTPN Irwan M Habsjah

Tim Beekelaar, Investor Relations of PT Jababeka Tbk.

Suteja Darmono, Managing Director of PT Grahabuana Cikarang.

The President Post/Heros Barasakti

Visit to power plant.

ronicastated.Besides,YCABalsoinvestsin

businessestosupportitsopera-tionthroughthefundsgeneratedfromitsprofitcentersanditsed-ucationlinkedmicro-loansoper-ation.Thebusinessesthathavehelped sustain YCAB Founda-tionarethefollowing:PTYADAIndonesia, Terra Zone, BeautyInc.andYCABCooperatives.In 2011, YCAB went glob-

althroughtheestablishmentofYCABInternational,anon-prof-it organization head-quarteredinNewYork,inordertospreaditswingstotheThirdWorldandother LDCs (Less DevelopedCountries)inAsia.In2012, it investedRp13.12

billioninprograms,anincreaseof 79.7% from previous year,190% increase of primary rev-enue growth (Corporate Part-nership).Asof2012, totalben-eficiaries since 2009 stand at2,210,883people.

B7

Pictorial Eventswww.thepresidentpost.com March 2013 Vol.2 No. 3

The President Post/Heros Barasakti

The President Post/Rians Rivco

LEFT TO RIGHT: Cucu Yusendriwati, Djafar Achmad, Thsuu Teck Heng, Rohim Sutisna and Srinaning.

Global Thematic Consultation on Disaster Risk Reductionand the Post 2015 Development Agenda

President Susilo BambangYudhoyono officially openedthe“GlobalThematicConsulta-tiononDisasterRiskReductionandThePost2015DevelopmentAgenda”,atthepresidentialpal-aceonFebruary19andat theFour Seasons Jakarta on Feb-ruary20.PresentattheeventwereUnit-

edNationsofficialsinIndonesiaandtheIndonesiaBersatuCabi-netMinistry.PresidentYudhoyonoempha-

sizedtheimportanceofdisastermanagement,tobecomethefo-cusinhighlevelmeetingtofor-mulateapanelofworlddevelop-mentschemepostMDG’s.

IFW 2013 was held on 14-17 February 2013 at the JakartaConvention Center, organized by the Association of IndonesianFashionDesigners&Entrepreneurs(APPMI)topromotethefashionindustryinIndonesia.IFW2013carriedoutover500localbrandsthatrepresentawealth

ofIndonesiacreativedesigner.Allproductsaremadewithlocalcontentbutqualifiedglobally.IFW2013wasadoptingasystemofB2B(BusinesstoBusiness).

Morethan20%ofexhibitorswerereadytoexporttheirgoodstomeettheneedsofbuyerswhowanttobuyinlargequantitiesandexportthem.IndonesiaFashionWeekalsowelcomesretailbuyersforresale.

Indonesia Fashion Week 2013

PTMattel Indonesia with PT Jababeka Tbk re-inaugurated theconstructionofElementarySchool(SDN)Sukasari05SerangBaru,BekasionFebruary21.Constructionofnewclassroomsispartofbothcompanies’CSRprograminordertoimproveeducationfacili-tiesinCikarang.TheinaugurationwasattendedbyPresidentDirectorofPTMat-

telIndonesiaThsuuTeckHengandSeniorManagerLPPMJababe-kaDjafarAchmad.

Inauguration of SDN Sukasari 05 Serang Baru, Bekasi by Mattel and Jababeka

The President Post/Rians Rivco

Jordan Ryan, Assistant Administrator for the United Nations Development Programme.

FROM LEFT TO RIGHT: Dr. Kuntoro, Chairman of the National Committee for the Post-2015 Development

Agenda, President of the Republic of Indonesia, Dr. Susilo Bambang Yudhoyono, Jordan Ryan, Assistant Administrator

for the United Nations Development Programme.Indonesia Bersatu Cabinet Ministers.

Minister of ForeignAffairs oftheNetherlandsFransTimmer-mansvisitedIndonesiaonFeb-ruary20and21.Duringthevisit,theMinister

TimmermansmetwithMinisterMartyNatalegawaanddiscussedinternational development andidentifyareasofbilateralcooper-ationbetweenthetwocountries,whichisstronganddiverse.

Timmermans also met withDeputyGovernorofDKIJakar-ta Tjahaja Basuki Purnama(Ahok), to discuss matters re-latedtowatermanagementandculturalheritage.

Netherlands Foreign Minister Visit Indonesia

Chinese Cultural Extrava-ganzaheldatPresidentUniver-sityJababeka,CikarangonFeb-ruary22.TheeventwasheldtocelebrateChineseNewYearandwas attended by PresUniv rec-tor Dr. Chandra Setiawan, thechairmanofPresUnivEducationFoundation,Prof.ErmayaSura-dinata,invitedguests,andstu-dents.In his speech Chandra Set-

iawansaid,“Chinesearthasbe-come part of the philosophy ofUnityinDiversityinIndonesia.”Hefurthersaidthatthecelebra-tionofChineseNewYearisnotjust for Tionghoa (Chinese) butfor thewholepeople in Indone-sia.”

The event was enlivened byinteresting artist performanc-esfromChinaHeinanProvince,among others, Wenjiao (tenorsinger), Tiantian (soprano sing-er), Zhao Chang Do (painter),Wang Bao Hang (instrumentalperformer),WushuperformancebyWangWanXiu,andvarietyoftraditionaldancesperformedbyRuyi,Haisan,LiuHuiJuan,RadiellaLetittaandYingying.

Chinese Cultural Extravaganza at President University

Netherlands Foreign Minister Frans Timmermans, arrived at Indonesia’s Foreign Ministry office

Minister Frans Timmermans and Marty Natalegawa discussing bilateral relations between the two countries.

The President Post/Rians Rivco

The President Post/Heros Barasakti

Opening remarks by Dr. Chandra Setiawan

Painting souvenirs handover from Zhao Chang Do to Prof. Dr. Ermaya Suradinata and Dr. Chandra Setiawan

Wushu by Wang Wan Xiu

Performance by Wenjiao

Wang Bao Hang instrumental performance

B8

Pictorial Eventswww.thepresidentpost.comMarch 2013 Vol.2 No. 3

Indometal2013washeldon20-23February2013,atJakartaInter-nationalExpo,Kemayoran.Thiseventisthefirstinternationalexhibi-tionofmetalandsteelinIndonesia.Indometal2013wasorganizedbyMesseDusseldorfAsiaandWakeniwiththesupportofMesseDussel-dorfinGermany.Thepurposeoftheexhibitionistoprovideaplatformofbusiness

andprocurementforthoseengagedintheupstreamanddownstreamindustrysectors, fromvarious levelsranging frommining,metals,metallurgyuntiltestingandinspectionofmaterials.Theexhibitionwasattendedbymore than250 international companies from26countries,suchasAustria,China,Italy,Taiwan,andtheUnitedKing-dom.

Enthusiastic visitors at Indometal 2013.

Jababeka Cikarang participates in the event.

The President Post/Heros Barasakti

Wildlife Protection Series: Dolphins!TheUnited States and Indo-

nesiaareworkingwithNGOstorehabilitate an injured dolphinandinvitethepublictopaymoreattentiontotheenvironment.The discussion was held on

February 5 at @america, enti-tled:“WildlifeProtectionSeries-Dolphins!”andwasattendedbytheU.S.Ambassador,theMinis-terofForestryandenvironmen-talactivists.“Ittakesthecooperationofall

ofus tostop the tradeandex-ploitationofanimalsinIndone-sia.Humans,animals,andthewholeofnature isaunity.Thedestruction of animals will af-fecttheextinctionofhumanspe-cies,”saidZulkifliHasan,Minis-terofForestry.

TOP: U.S. Ambassador Scot Marciel and Zulkifli Hasan, Minister of Forestry.

LEFT: Riyanni Djangkaru, an environmental activist, was also present in the discussion in order to fight against poach and the capture of dolphins to be used as performing animals.

TOP-LEFT: Minister of Forestry explains the importance to preserve the environment.

The President Post/Rians Rivco

Medical Excellence Japan Seminar(Indonesia-Japan Medical Collaboration)

Medical Excellence SeminarJapan, Indonesia-Japan Med-icalCollaboration. isaseminarthat discussed new treatmentsfor cancer patients. This semi-narwasheldattheBaliRoomofHotel IndonesiaKempinski, Ja-kartaonFebruary23.This seminar is the result of

the cooperation of the Indone-siangovernmentandtheJapa-nese government in the healthsector.Prof.AbdulMuttalibandtwocancerexpertsfromJapan,Prof. Ryosuke Tsuchiya andKoichiTanaka,werepresentasspeakersattheseminar.The seminar was also at-

tended by companies that pro-ducecancer therapy tools fromJapan, namely Hitachi, Toshi-ba, and Sumitomo Heavy In-dustries,whichbroughtthelat-esttechnologyofcancerdetectorandtreatmenttools.

The President Post/Heros Barasakti

Warta EkonomiMagazine named Indonesia’s 29Most AdmiredCEO2013(IMACEO2013).TheywerechosenthroughanindependentresearchconductedbyWartaEkonomiResearchTeam throughasurveyconductedin2013.“CEOswhowereelectedinIMACEO2013haverealperformance,

innovative,fullofbreakthroughandclean,”saidEditorinChiefWartaEkonomiMuhamadIhsanattheopeningofIMACEO2013atCrownHotelonFebruary26.

Indonesia Most Admired CEO 2013 by Warta Ekonomi

Indometal 2013

Emirsyah Satar is elected as one of Indonesia’s 29 Most Admired CEOs 2013

Prof. Koichi Tanaka invites Indonesians to prevent cancer by eating fruit and vegetables. Presentation by Prof. Abdul Muttalib.

Prof. Ryosuke Tsuchiya delivers his presentation about cancer treatment centers hospital in Japan

IABC Gathering NightIndonesiaAustraliaBusiness

Council (IABC) held a gather-ingnightforitsmembersatMer-cantileAthleticClubonFebru-ary21.

The President Post/Reza Ganesha

The President Post/Reza Ganesha

www.thepresidentpost.com

March 2013Vol 2. No. 3

SECTION C

The President Post

LIVING

Doctors Debate onSmoking Marijuana

iremembermyfirsten-counter with ama-ro,theItalianbitterli-queur. Itwas the firsttimeIwenttoItalyandhad overindulged thenightbefore.“Drinkit.You’ll feel better,” my

Italian friends urged, handingmeaglassofFernetBrancaforitssupposeddigestiveproperties.Thethick,viscousandextremelybitterliqueurcouldbeenoughtoputyouoffthestuffforever.“It’slikeswallowingaspoonfulofVa-poRub,”MozzageneralmanagerDavidRosoffdescribesit,laugh-ing.Ican’tdisagree.Unlikelyasitseems,though,

amarohas become a cult itemwiththemix-masterset.TwoItal-ianrestaurants inLosAngeles,Osteria Mozza and Sotto, spe-

cializeincollectingsomeoftheharder-to-findexamplesfromalloverItaly.Itturnsoutthere’sawholewonderful otherworld ofamarioutthere—lighter,moresubtleexamples;mezzo,orme-dium-bodied; alpine-style withmore botanicals; others basedonartichokesorrhubarb;aswellasFernet-styleamariwithapo-tentdoseofthetypicalbitternessfromquinine or cinchonabarkfromPeru.Manyweredevelopedinmon-

asteriesandprizedfortheirme-dicinalqualities.Theycanvaryfromlightamber,sweetandar-omaticwithonlya traceofbit-ternesstoinkydarkandalmostsyrupywithapotentkickofbit-terness.Mostaremadefromse-cret recipes handed down for

In Italy, Amarois the Bitter End

Perhapsyouknowwheth-eryou’dwanttousemari-juanatorelieveseverepainornausea.Butifyouwereadoctor,whatwouldyoutellpatients who asked abouttaking something that’sagainstfederallaw?The New England Jour-

nal of Medicine poses thequestiontoitsreadersandon Wednesday presentedarguments forandagainstfromdoctors.The hypothetical patient

is68-year-oldMarilyn,whohas cancer and who saysthe standard medicationsare not relieving her painandnausea.Shelivesinastate that allows medicalmarijuanauseandsaysherfamily could grow it. Sheisaskingherprimarycaredoctorforadvice.“Iendorsethoughtfulpre-

scriptionofmedicinalmari-juanaforpatientsinsitua-tions similar toMarilyn’s,”writesDr.J.MichaelBost-wick,representingoneside.

Doctorsshouldturntomarijua-naonlywhen“conservativeop-tions”fail,hesays.“Simplytoallowapatientwith

uncontrolledsymptomsofmeta-staticbreastcancertoleavetheofficewitharecommendationtosmokemarijuanaistosuccumbto therapeutic nihilism,” Drs.Gary Reisfield and Robert Du-Pontwriteontheotherside.Bostwicksaysthatfederalpol-

icyhasnotkeptpacewithscien-tificadvancesand that “largelyanecdotalbutgrowingliteraturesupports” the efficacy of mari-juanaforpainandnauseathatdon’trespondtoordinarytreat-ments.With 18 states making legal

medicinalmarijuana,“thecan-nabishorselongagoburstfromthe federal jurisdictional barn,”Bostwick writes. He notes thatthe abuse of the state laws bysome doctors should not pre-ventalldoctorsfrombeingabletoprescribemarijuana.

HealsonotesthatthefederallawhasmeantthatnoFoodandDrugAdministrationtrialshavelookedatitincomparisontotra-ditionaldrugs.

IfMarilynhadnevertriedmarijuanaasarecreation-al drug, Bostwick writes,shemightnotlikeits“psy-choactive effects,” but ifshefeelsbetterwithit,“shewouldchannel5,000yearsofmedicalhistory.”Inthe“nopot”camp,Re-

isfield and DuPont arguethat smoking marijuanais “nonmedical, nonspecif-ic and potentially hazard-ous.” The cannabis plant,they write, has hundredsofpharmacologicallyactivecompoundsthatcouldleadtounwantedeffects.Amongthe several possible nega-tiveresults,theywrite,areeffects on Marilyn’s cogni-tiveandpsychomotorabili-ties,suchasdriving,andef-fectsonherhealthatatimewhenherimmunesystemiscompromised.Whilethedoctorssaythe

issues surrounding mari-juanashouldbediscussedwithMarilyn, “there is lit-tle scientific basis for rec-ommendingthatshesmokemarijuana for symptomcontrol.”latimes

In a head-to-head contest,a Mediterranean diet, evendrenched in olive oil and stud-ded with nuts, beat a low-fatdiet, hands-down, in prevent-ingstrokeandheartattackinhealthyoldersubjectsathighriskofdevelopingcardiovas-culardisease.The latest smack-down

in the diet wars appearsto deal a knock-out blowto the notion that high-fatoliveoilandtreenuts—walnuts,almondsandhazelnuts— are a no-nofor those wishing to im-prove theirhealth.On thecontrary,Spanishresearch-ersconcludedthatthecon-sumption of extra-virgin ol-iveoilandnuts “wereprobablyresponsible formost of the ob-served benefits” attained bythoseinthetwogroupsfollowingaMediterraneandiet.Thestudy’sfindings,released

Monday by the New EnglandJournalofMedicine,alsoaddtomounting evidence contradict-ingalong-heldtenetofdietingtoimprovehealth:thatallcaloriesareequal.ThebenefitsoftheMediterra-

nean dietwere pretty substan-tialtoo:comparedwithagroupof 2,450 subjects who wereurged to follow a low-fat diet,the4,997whofollowedaMedi-terraneandietsupplementedei-therwithnuts(2,454subjects)orwithextra-virginoliveoil(2,543subjects)were30%lesslikelytosuffer one of the following out-comes:aheartattack,strokeordeathattributedtocardiovascu-lardisease.The Mediterranean diet-

erswerealmost40%lesslikelythanthelow-fatdieterstohaveastrokeduringthefollow-uppe-riod.Andthesuperiorityof theMediterraneandietoveralow-fatdiet was consistent across vir-tuallyallsub-categoriesofpar-ticipants – men, women, olderandyoungersubjects,andthosewithorwithouteveryriskfactorforcardiovasculardisease.Onlyamongthesmallgroupofsub-

j e c t swithouthyper ten-sion did a low-fatdietshowbetterre-sults.Allofthetrial’ssubjectswere

ages55to80(womenwere60to80)andeitherhadtype2diabe-tesorsatisfiedat least threeofthefollowingcriteria:theywereactivesmokers,wereoverweightorobese,hadafamilyhistoryofprematureheartdiseaseorhadhypertensionorworrisomecho-lesterolreadings.Afterrandom-izingthesubjectstothelow-fatdiet group, the MediterraneandietwithtreenutsgrouportheMediterranean diet with oliveoil group, researchers followedthesubjectsforamedianof4.8yearstoensuretheywereadher-ing to their recommended regi-menandtogaugehowmanyineachgroupsufferedaheartat-tackorstrokeordiedofcardio-vasculardisease.Manystudieshavesuggested

theMediterraneandiet--whichisrichinfattyfish,fruits,vegeta-blesandfattyacids--trumpsoth-erdietsmeanttoinduceweightlosswhen themeasure of suc-cessishearthealth.Butthecur-

Mediterranean Diet Beats Low-fat Diet

renttrialisthefirstto

meet the “gold stan-dard”ofbiomedicalresearch,inwhichlargenumbersofpatientsare randomly assigned to dis-tinctgroups,followedforseveralyearsandcomparedontheba-sisofpredeterminedoutcomes.Thestudy’sfindings“blowthe

low-fatdietmythoutofthewa-ter,”saidClevelandCliniccardi-ologist StevenNissen,whowasnot involved in the current re-search.Nissen,anexpertontheeffectsofdrugsandnutritiononcardiovascular risk, called thestudy “spectacular” and toutedthefindingsasimpressive.Almost entirelymissing from

the Mediterranean dieters’ dai-lyintakewasredmeatandmeatproducts. Those subjects wereurgedtokeeptoaminimumso-dasandfatsthatareinpartial-ly solid form and to limit con-sumptionofcommerciallybakedsweetsandpastriestonomorethan three timesaweek. Theyweregivenaweeklysupplyofei-theralmonds,walnutsorhazel-nutsandtoldtoeataboutaquar-

By S. Irene Virbila

By Mary MacVean

By Melissa Healy

generationsandincludedozensif not hundreds of botanicalsandspicescollectedfromallovertheworld.At a wine shop, bottles run

from$16or$17upto$60orso,butmostareinthe$20to$30range. By the glass, in restau-rants,anamaromight set youback$10to$12.Orarestaura-teurmightofferacomplimenta-ryglassofthosethatarenotyetimportedintothiscountry.InItaly,amaroaremostoften

drunk as a digestivo, or diges-tive,afterameal.Mozzawinedi-rectorTaylorParsons(norelationtoFoodEditorRussParsons)re-memberswhenhewaslivinginLucca, Italy, lunch inevitablyendedwithcoffeeandanamaro,neverdessert.

Noquestion,it’sItaliansandItalophileswhoaremostlikelytoorderaglassafterdinneratOsteriaMozzaorSotto.It’spartofthecultureofthetableinIt-aly,andwhenthey’rediningatthese two Italian restaurants,theywantthefullexperience.Now the cocktail crowd is

driving the surge in inter-estaswell.Atfirst,therewasamachocomponent.Butnowthere’s a cross-pollination asmixologists experiment withsubbingamaroforCampariorsweet vermouth in cocktails.“An old-fashioned made withamaroisreallyfun,”saysPar-sons.“YoucanmakeamilliondifferentManhattanswiththelighter styles substituted forsweetvermouth.”latimes

In Italy, amaro are most often drunk as a digestivo, or digestive, after a meal.It’s part of the culture of the table in Italy.

Many were developed in

monasteries and prized for their

medicinal qualities. They can vary from light amber, sweet and aromatic with

only a trace of bitterness to inky

dark and almost syrupy with a potent

kick of bitterness.

ww

w.d

rinkh

acke

r.com

ter-cupadayofoneofthem.Ortheyweresuppliedaliterofex-tra-virgin olive oil each weekandinstructedtoconsumeatleast4tablespoonsaday.

At the same time, Med-iterranean dieters weretoldtheyshouldfeelfreeto drink wine moder-ately — about sevenglassesperweek.

Asidefromthoseguidelines, sub-jects in the Med-iterranean dietarms of the tri-al had an “energyunrestricted” diet:Theydidnothaveacalorielimit. Low-fat dieters

weretoldtoavoidnutsand vegetable oils of allkinds (including oliveoil), to limit their store-

bought sweets to fewerthanoneperweekandtore-

movevisiblefatfromallmeats.Inadditiontofruitsandvege-tables, they were encouragedtoeatthreeservingsoflow-fatdairyproductandthreeorfew-erservingsofbread,potatoes,pastaorriceeachday.Butsincethestudywascon-

ducted in several centers inSpain,eventhelow-fatdieterstendedtoeatlotsoffruits,veg-tables and leanermeats. Theresearchers found that, whileeating slightly more legumesandfish,theMediterraneandi-eters largelydiffered from thelow-fatdietersintheirnut-and-olive-oilconsumption.While their suspicions fell

on nuts and olive oil, the re-searcherswerewaryofrulingoutthecontributionofotherel-ements of the Mediterraneandiet to improved cardiovascu-larhealth.“Perhapsthere isasynergy

amongthenutrient-richfoodsincluded in the Mediterra-neandietthatfostersfavorablechanges”inthephsyiologicalresponses,suchasinflamma-tion and insulin insensitivity,thatgiverisetocardiovasculardisease,theresearcherswrote.latimes

Medicinal marijuana supporters

www.mlive.com

C2

Healthwww.thepresidentpost.comMarch 2013 Vol.2 No. 3

Bird flu researchers saidWednesdaythattheywouldenda self-imposed moratorium oncontroversialexperimentstode-terminehowthedeadlyH5N1vi-rusmightmutateandgaintheability to spread easily amonghumans.Inastatementpublishedon-

linebythejournalsScienceandNature, 40 scientists said theywerepoisedtoresumetheirin-vestigations—butonlyincoun-triesthathaveestablishedclearrules for conducting the re-searchsafely.TheU.S.,whichisthe largest funder of influenzaresearch,isnotyetamongthosenations.“We want to resume virus

transmission studies becausewe believe this research is im-portant to pandemic prepared-ness,”saidUniversityofWiscon-sinvirologistYoshihiroKawaoka,oneofthescientistswhoseworkpromptedbiosecurityexpertstocallfornewrestrictionsonflure-search.Therehavebeenonly610con-

firmedhumancasesofbirdflusince 2003, but 59% of thosepeoplehavedied.Innature,thevirushasverylimitedabilitytospread directly from person toperson.Scientistsfearthatjustafewkeygeneticmutationscouldchangethat,creatingthepoten-tialforadangerousflupandem-ic.

KawaokaandRonFouchier,avirologistattheErasmusMedi-cal Center in the Netherlands,havebeenstudyingsomeofthemutationsthatcouldmakebirdflumoretransmissibleinmam-mals. In separate experiments,both men developed strains ofH5N1 that could pass betweenferrets in the tiny droplets ex-pelled by coughs and sneezes.Ferrets are used in influenzastudiesbecausetheyrespondtoflumuchaspeopledo.Kawaoka and Fouchier were

onthevergeofpublishingtheirstudy results until late 2011,whentheirworkcaughttheat-tentionofagovernmentadviso-rypanelthatassessespotentialrisksofbiologicalresearch.Worried that the flu strains

couldprovedangerousiftheyes-capedthelab,theU.S.NationalScienceAdvisoryBoardforBio-

securityaskedthescientists—andeditorsatScienceandNa-ture,wheretheirworkhadbeenacceptedforpublication—tore-dact portions of the research.It was an unprecedentedmovethat many scientists saw as athreattoacademicfreedomanddebate.The researchers announced

on Jan. 20, 2012, that theywouldsuspendtheirworkfor60daystoallowtimefordiscussionof the risksandbenefitsof theresearch. U.S. and foreign offi-cials, theWorldHealthOrgani-zationandscientificgroupsmetseveral times to delineate poli-ciesforcontinuingtheresearchsafely, includingbiosecurity re-quirements.In the end, the moratori-

um lasted for just over a year.Both Kawaoka and Fouchiersigned thestatementpublishedWednesday.In a conference call, the re-

searchers said that continuingthestudyofH5N1underappro-priatelaboratoryconditionswascrucial, because it could helpthem better understand howthe virus becomes airborne —and let public health officialsgetaheadofpotentiallydanger-ousmutationsthatmightariseinbirdsandmammals,perhapsby culling infected animals orusing the information to devel-opvaccines.“Once these mutations start

poppingupinnature,countriesshoulderadicateitaggressively,”Fouchiersaid.Kawaoka emphasized that

Controversial Bird Flu Research to Resume

only nine changes in H5N1madethevirustransmissibleinFouchier’sexperiment.“Nineisalmostnone,”hesaid,

because flumutates very easi-ly.“Theriskexistsinnatureal-ready.Notdoingtheresearchisreallyputtingusindanger.”Dr.AnthonyFauci,directorof

theNationalInstituteofAllergyand Infectious Diseases, whichfunded Fouchier’s and Kawao-ka’s experiments, agreed thatH5N1 transmission researchshould resume.He said that aframeworktohelptheU.S.Na-tionalInstitutesofHealthdecidewhichH5N1transmissionstud-iesshouldreceivefundinginthefutureshouldbeready“withinarelativelyshortperiodoftime—Ihopemeasuredinweeks.”Kawaoka and Fouchier said

they believed research in oth-er European countries, aswellasinChinaandCanada,couldnowmove ahead, and that Ja-pan, liketheU.S.,stillhadnotreleasedguidelines.MichaelOsterholm,an infec-

tious disease researcher at theUniversity of Minnesota and amember of the U.S. biosecuri-typanel,saidhewasstillwor-riedthatpublishingtheresultsofH5N1experimentscouldgivescientistswhodon’thaveappro-priate facilities and expertise a“blueprint” fordoingdangerousresearch.“Wemaytellpeoplenottodo

it,butiftheygoaheadandthevirusescapes,it’sdone,”hesaid.“Youcannotcontaininfluenza.”latimes.com

The medical interven-tions—includingear-ly caesarean deliver-ies,CTscansforheadinjuries in children

and annual Pap tests formid-dle-agedwomen—maybenec-essaryinsomecases,thephysi-ciangroupssaid.Butoftentheyarenotbeneficialandmayevencauseharm.“Weareveryconcernedabout

the rapidly escalating cost ofhealthcare,”saidDr.BruceSigs-bee, president of the AmericanAcademy of Neurology, whichwas among the 17 medicalgroupscontributingtothelistofprocedures.“Thisisnothealthyfor thecountry,andsomethinghastobedone.”Developmentofthelist,which

was organized by the Ameri-canBoardofInternalMedicine’sABIM Foundation, is a minormilestoneineffortstoenlistphy-sicians to rein in unnecessaryservices,a leadingcauseoftheskyrocketinghealthcaretab.The United States spends

morethan$2.5trillionayearonhealthcare,ormorethan$8,000per person. That is 21/2 timesasmuchastheaveragespentbyotherindustrializednations,ac-cordingtodatacollectedbytheOrganization for Economic Co-

operation and Development,whose members include therichestnations.Studies show that the high

costofU.S.healthcareisdriveninlargepartbyprices.Americanhospitals and doctors chargemuchmore than their interna-tionalcounterparts.ButU.S.physiciansalsoper-

formmanymoretestsandelec-tive procedures. For example,American doctors order nearlytwiceasmanyCTandMRIex-amsasdoctors inother indus-trializedcountriesdo.Theyper-form more knee replacementsanddelivermorebabiesbycae-sareansection.Someofthisextracaremayre-

sultinbetteroutcomes.TheU.S.hassomeofthehighestcancersurvivalratesintheworld,forin-stance.ButAmericalagsfarbe-hindother industrializedcoun-triesincaringforchildrenwithasthmaandadultswithchron-ic bronchitis and emphysema,amongotherillnesses.Agrowingnumberofexperts

haveconcludedthatmuchmed-icalcareintheU.S.iswastefulandevendangerousforpatients.A2012reportfromtheindepen-dent Institute of Medicine esti-matedtotalwasteinthesystemat30%,or$750billionayear.

Doctors List OverusedMedical Treatments

Nearly 100 medical procedures, tests and therapies are overused and often unnecessary, a coalition of leading medical societies says in a new report aimed at improving healthcare and controlling runaway costs.

“MillionsofAmericansarein-creasingly realizing that whenit comes tohealthcare,more isnotnecessarilybetter,”saidDr.ChristineK.Cassel,presidentoftheABIMFoundation.Forexample,despitethepop-

ularityofearlycaesareans,thereisgrowingevidencethatbabiesbornbefore39weeks’gestationhavehigherrisksoflearningdis-abilitiesandevendeath.Whether,orhowquickly, the

initiative to curb unnecessaryprocedureswillyieldresultsre-mainsunclear.Persuadingdoctorstobemore

conservative can be difficult,saidDr.LowellE.Schnipper,anoncologistatBoston’sBethIsraelDeaconessMedical Center andchairmanofanationaltaskforceoncontrollingthecostofcancercare.“Thesediseasescanbefa-tal,”Schnippersaid.“Thestakesare high. And families very of-tenpushthedoctor,whowantstotakecareofthepatientasbestheorshecan.”RecentwarningsfromtheU.S.

Preventive Services Task Forcethat screenings for breast andprostate cancers oftendomoreharmthangooddrewhugeback-lashes from patient advocates.Similarly, the Obama adminis-tration’s efforts to raise aware-

ness about unnecessary medi-calcareandtoimprovedataonbestmedicalpracticesaspartofthe2010healthcarelawprompt-edmanyRepublicanstocharac-terizetheideasasrationing.

ButDr.ManojJain,aleadinghealthqualityadvocateinMem-phis,Tenn.,saidmoreaggressiveeffortsmaybeneededtoreducewastefulanddangerousmedicalpractices.

Likemany experts, Jain ad-vocatesmoreevaluationofphy-siciansandnewwaystopayforhealthcare that reward betteroutcomes and higher efficiencyinsteadofthecurrentfee-for-ser-

vicesystem,whichpaysdoctorsforeveryproceduretheydo.“Ifwereallyaregoingtobend

thecostcurve,wehavetogetre-allyserious,”Jainsaid.latimes.com

The medical interventions — including early caesarean deliveries, CT scans for head injuries in children and annual Pap tests for middle-aged women — may be necessary in some cases, but often they are not beneficial.

There have been only 610 confirmed human cases of bird flu since 2003, but 59% of those people have died. In nature, the virus has very limited ability to spread directly from person to person. Scientists fear that just a few key genetic mutations could change that, creating the potential for a dangerous flu pandemic.

C3

Tourismwww.thepresidentpost.com March 2013 Vol.2 No. 3

Cisarua Safari ParkHas New InhabitantTheTamanSafariIndone-

sia,aparkwherewildani-malsaresetloose,hasanewinhabitant, the anacondasnake (Eunectes murinus)fromAmazon,SouthAmer-ica,tohighlighttheChineseNewYearoftheSnake.Thechildanacondaisput

inacageforexhibitioninthepark,inCisarua,intheBo-gorregency,some80kilome-terssouthofJakarta.The snake will reach a

lengthofupto11metersaf-ter ithasgrownup inage,TamanSafaridirectorJans-enManangsangsaidhereon

Monday. People visiting thepark,whichiscontrolledbykeepers, including animaltamers, are told to remaintheircars.

The park spokesmanYulius H Suprihardo saidthe snake was brought intocoincidewiththeChinesenew year of 2564, calledYearoftheSnake.Anacon-da,whichspendsmostofitstimeinwater,isplacedinabigaquariumwithredorna-mentsthatdominatethecol-orsofthesymbolsoftheChi-nesenewyearcelebrations.

W. Sumatra Tourism Focuses On Natural, Cultural Sites

Indonesiaexpectstoseero-bust tourism trade at theInternationale Tourismus-BorseBerlin,betterknownasITBBerlin,inGermany

thisyear.Recognised as the world`s

largest travel trade expo, ITBBerlinwillbeheldattheMesseBerlin InternationalConventionCenterforfivedaysfromMarch6-10, 2013. Indonesia has par-ticipatedinthetraveltradeexposince1967,playingasignificantrole over the years, andnow itis the firstAsiancountry tobenamedanofficialpartnercoun-tryforITBBerlin2013.

“Bybecominganofficialpart-nercountryforITBBerlin2013,thegovernmentofIndonesiawillattempttocapturetheEuropeantourism market,” Tourism andCreative Economy Ministry`spromotion director, EsthyRekoAstuti,said.Esthy noted that during the

event,EuropeantouristswillbeencouragedtovisitnotonlythemaintouristdestinationofBalibutalsoothertouristattractionsacrossIndonesia.“Therefore,wearegoingtointensivelypromoteother potential tourist attrac-tions in Sumatra, Java, Lom-bok, Flores, Kalimantan, Su-lawesi,Maluku,andPapua,”shewenton.

According to www.indonesia.travel, President Susilo Bam-bangYudhoyono isexpectedtoattendtheopeningceremonyofITBBerlin2013onMarch5.Theopeningceremonyisalso

scheduledtobegracedbyGer-manChancellorAngelaMerkel;Indonesia s Minister for Tour-ism and Creative Economy,MariPangestu;GoverningMay-or of Berlin, Klaus Wowereit;PresidentandCEOof ITBBer-

lin,RaimundHosch;andmorethan 4,500 distinguished invi-tees,delegates,andmembersofthepress.

As the co-host of the Open-ingDinner,Indonesia sculturaltroupesofmusiciansaswellasmasterchefs fromanumberofprovincesaroundIndonesiawillbespecially flownintoprovidean exquisite Indonesian atmo-sphereandwarmhospitalityattheOpeningDinner.Guests and delegates at the

OpeningDinnerwillbewarmlywelcomedbytraditionaldancersfrom Sumatra, Java, Kaliman-tan,andBali,whowillperformIndonesia sdramaticandcolour-ful dances to traditional mu-sic.DancersfromtheprovinceofAcehwillperformthehighlysynchronized Saman Dance, a

UNESCOIntangibleWorldCul-turalHeritageicon.

Meanwhile, the deputy min-ister for Tourism and CreativeEconomy,SaptaNirwandar,hassaidIndonesiawouldoffergreatpotential forGermany, its fore-mosttradingpartnerintheEu-ropeanUnion.“OurparticipationinITBBer-

lin2013willprovidealong-termboost to our popularity in theGermanandinternationalmar-ket,andwithourwiderangeoftourismproducts,wewill sendoutapositivesignaltobothtradevisitorsandthegeneralpublic,”hestated.ITBBerlin2013isexpectedto

attractmore than 170,000 vis-itors. Of these, some 113,000tradevisitorsand11,000exhib-itors from 180 countries have

Indonesia to See Robust Tourism Trade at ITB Berlin

Indonesia has participated in the travel trade expo since 1967, playing a significant role over the years, and now it is the first Asian country to be named an official partner country for ITB Berlin 2013.

confirmedtheirattendance.Atthesametime,91compa-

niesfromvariouspartsoftheIn-donesianarchipelago,andoffer-ingalltourismservices,willbeready tonetworkwithGermanandotherinternationaltourop-erators,airlines,andagentsfromtheworldwidetravelindustry.They will also try to answer

questions posed by ITB partic-ipants and visitors regardingfamily holidays in Indonesia,covering everything from luxu-ryresortstodiving;surfing;andadventure tours that includemeetingorangutansatTanjungPuting in Central Kalimantan,getting close to Komodo drag-ons,climbingtheruggedvolca-noesofMt.RinjanionLombok,and scaling the heights of Mt.BromoinEastJava.Nirwandar said last Decem-

ber that Indonesia would pro-moteitselfasatouristdestina-tionnot only at ITBBerlinbutalso at Cruise ShippingMiamiand IMEX Frankfurt in 2013,May21-23,2013,auniquein-ternationaltradeshowthatwillhostthousandsofmeetingsandwillattractincentive-travelexec-utivesandbuyers fromaroundtheworld,includingIndonesia.Morethan8,500visitorsfrom

90 countries, including thou-sandsofGermandecision-mak-ers, are expected to attend theworld`s third-largest outbound-meetings and incentive-travelmarket.Meanwhile, the CruiseShippingMiamieventtobeheldfrom March 11 - 14, 2013, inFlorida in the United States isoneofthemostprofessionallyor-ganizedtradeshowsintheglob-alcruiseindustry.

With its diverse natural andcultural beauty,West Sumatraisnowfocusingonpromotingitsnaturalandculturalattractionsinordertoboosttourismintheprovince.The natural beauty of West

Sumatra, with its green land-scapes,attractsbothforeignanddomestic tourists to the prov-ince.Speaking at a seminar enti-

tled “Sport TourismRegulationand Opportunity to OptimizeRegional Tourism Potential” inJakartarecently,WestSumatraGovernorIrwanPrayitnosaidhewouldpromoteforesttourisminAnaiValley.“Wehavethepotentialtode-

velop forest tourism in placeslike Anai Valley, which can bepromotedasanatural tourismdestination in West Sumatra,”henoted.

The Anai Valley Nature Re-servehasadensetropicalforest,whichishometoadiversespe-cies of flora and fauna. There-fore, it isoneof the top touristdestinations in West Sumatra.Thevalleyalsohasthreewater-falls,ariverandalakewithclearbluewaterforthetouriststoen-joy.“Situatednear the road con-

necting Padang and Bukiting-gicities,AnaiValleyisoneofthetoptouristdestinationsinWest

Nirwandar pointed out thatfundingfortheninemajoreventswouldbeprovidedby theMar-ketingDirectorateGeneraloftheMinistryofTourismandCreativeEconomy.“SomeRp607,700bil-lionwillberequiredfortourismpromotionprogramsandtheim-provementofIndonesia simage,among other things. The statebudget has allocated Rp2,052trillion to theMinistryofTour-ism and Creative Economy in2013,”henoted.Besides this, six other tour-

ism events being held at homethisyearincludetheSemarangMarathon in Central Java inJune;thePilgrimTourismeventinSurabaya,EastJava,inJune2013; theTourdeSingkarakVinWest Sumatra in June; Sa-bang International Regatta IIinSabang,Aceh,inSeptember;

FestivalTimoresiaIIinAmbon,Maluku, inOctober;andMusiTriboatton II in Palembang,SouthSumatra,inNovember.

In lightof the intensivepro-motion, Tourism and CreativeEconomy Minister Mari ElkaPangestu remarked that Indo-nesiasawasignificantimprove-mentinthecontributionofthetourism and creative economyto the nation s gross domesticproductthroughout2012.Marieexplainedthatthetour-

ismindustryalonehascontrib-uted fourpercentagepoints totheGDPgrowth,amountingtoRp296.97 trillion (some $30.8billion),andhasemployed8.53millionpeople,whichaccountsfor7.72%ofthecountry sover-all workforce recruitment in2012.

www.publituris.pt

ITB Berlin 2012. ITB Berlin 2013 is expected to attract more than 170,000 visitors. Of these, some 113,000 trade visitors and 11,000 exhibitors from 180 countries have confirmed their attendance.

oftourismintheareaisyettobeoptimized,”headded.

Last month, Irwan said theWest Sumatra provincial gov-ernmentwascommittedtopro-motingtheregionaltourismin-dustry through various efforts,including our cooperation withtaxitransportservicesinSinga-pore for promotional activities.“TheWestSumatraTourismOf-ficewillputstickersontaxisinSingaporetopromotetourismintheprovince,”hestated.“Thebudget for tourismpro-

motionwassetatRp200millionthis year. However, next year,thebudgetwillgouptoalmostRp800million,”hepointedout.

Meanwhile,theWestSumatraCulturalandTourismofficede-claredBukittinggicityasatour-ism development centre in theprovince, covering the districtsofAgam,TanahDatar,PasamanandPasamanBarat.West Sumatra Cultural and

Tourism office head JamesHellywardsaidthedecisionwasin line with the government smaster plan on regional tour-ism development in West Su-matra. “As a tourism develop-ment centre forWest Sumatra,Bukittinggiwill feature variousattractionssuchasrecreationalcentres,centresofscientificde-velopment, convention facilities,

culinarycentres,healthcarefa-cilitiesandoutboundactivities,”hestated.

“Agam district is developingandpromotingitsMutiaraTikubeaches,using the locations inthecorridorlinkingBukittinggi,LakeManinjau, Pariaman andPadangcities,”henoted.

“TanahDatar, especiallyNa-gari Pandai Sikek, is develop-ingitshandicraftcentres,usingthe corridor through Padang,Pandai Sikek andBukittinggi,”Hellywardcontinued.“Pasamandistrict isdevelop-

ing theRimbo Panti and TuguKhatulistiwa areas, with focusonculturaltourism.”

thetouristscanswimintheriv-erandthelake,batheunderthewaterfalls, or gohiking,” Irwancontinued.

Earlier, in the provincial cityofPadanginJunethisyear,thegovernor said the governmentwould also focus on promotinganddevelopingtheculturalsitesofMinangkabauethniccommu-nity,aspartofitseffortstopro-motetourisminWestSumatra.At the time, he noted that thecultural sites of Minangkabauhadimmensepotentialtoattractdomesticandforeigntourists.“TheculturalsitesofMinang-

kabau that will be developedinclude the areas of SigunturKingdo in Dharmasraya dis-trict and Minangkabau villageinBalaiBaliki.Wewillalsofo-cus on agro-tourism,” Irwansaid. However, he pointed outthatthenaturaltourismattrac-tionsintheprovincewouldstillneedtobedeveloped,especiallythosethatwerepopularamongthetourists.

“PopularspotssuchasKem-bar lake in Solok district andHarau Valley in Limah-PuluKotadistrictmustbe equippedwith the necessary infrastruc-tureandgoodqualityservices,”Irwansaid.“Thetourismsectorhasnotreacheditsfullpotential.Thepromotionandmanagement

Sumatra. Since the Dutch co-lonial era, the valley has beena nature conservation area,spread over 221 hectares,” thegovernorsaid.

Henotedthatthelocalgovern-menthasimprovedthesupport-inginfrastructurethereinorderfor visitors to engage in sportstourism activities. “Therefore,

By becoming an official partner country for ITB Berlin 2013, the government of Indonesia will attempt to capture the European tourism market.”

Esthy Reko AstutiTourism and Creative Economy Ministry’s Promotion Director

The natural beauty of West Sumatra, with its green landscapes, attracts both foreign and domestic tourists to the province.

C4

Travelwww.thepresidentpost.comMarch 2013 Vol.2 No. 3

ThefaceofBromohadchangedsinceitslasteruptionattheendof2010.Now,almostallsurfacesof theBro-moslopearecovered

bythickblanketsofblacksands.Thisbringsmebackmemoriesof theBromobefore it erupted,whentheblanketsofsandwerestillthinandBatokwasstilldec-oratedbygreenplants.

It was Ramadhan 2010 andit coincided with the Kasadamonth of the Javanese calen-der.IwaswithfriendsfromJa-kartaandMalangandwecametotheNgadisarivillageinProbo-linggo,EastJavatowitnesstheYadnyaKasadaceremonywhichwasheldbytheTenggerHinduswholivedintheBromoarea.Af-terenjoyingthesunset,wewenttotheLuhurPotentemplewhichwaslocatedatthefootoftheBro-moMountainwheretheYadnyaKasada ceremony was concen-trated.The Kasada ceremony origi-

natedfromastorywhentheMa-japahitkingdomstartedto loseits gloryandsomeof the royalfamiliesdecidedtomovetotheareasaroundtheBromoMoun-tain.AmongthemwereprincessRadenRaraAntengandayoungmancalledJakaSegerfromtheBrahmana caste. They built acommunity and ruled in theTenggerarea.

The people of Tengger livedpeacefully and prosperously,howevertherulersdidnothaveanychildren.Hopingtogettheirprayers to have children an-swered,theydecidedtocontem-plateattheBromosummit.Theythenheardamysticalvoicethatanswered their prayers. Theirwishwouldbegrantedprovided

thattheysacrificedtheiryoung-est child and leave him at theBromocrater.RaraAntengandJakaSegeragreedandtheylaterwereblessedwith25children.However, their conscience as

parentsstoppedthemfromsac-rificingtheiryoungestchildKe-suma. This refusal eventu-ally brought a disaster. TheskiesturneddarkandtheBro-mospewedfire.Kesumadisap-pearedintothefireandintotheBromocraterandthenamysti-calvoicesaid: “Mybelovedsib-lings, I was sacrificed by ourparents andHyangWidi savedall of you. Please live in peaceandworshipHyangWidi.Iwantto remindyou that you shouldmakeofferingstoHyangWidiattheBromocratereveryKasadaonthe14thday”.

Beforemidnightfell,theLuhurPotentemplewasalreadypackedwithTenggerHinduswhocamefrom remote areas and fromaround themountain.Someofthemsatinlinewithbandstiedaround their heads and theyburnedincense.Infrontofthemwere offerings which consist-edoffruitsandcrops.Itturnedoutthatthesepeoplewerefutureshamans, religious figureswhonormally led religious proces-sions andmarriage among theTenggerpeople.As the morning approached,

theTenggerHinduswhobroughtalongofferingsstartedtowalkto-wardstheBromosummit.Theirmainofferingwasadeadadultbuffalowhichwould be offeredtoHyangWidi to express theirgratitude. Once they reachedthesummit, they threw theof-feringstothecraterastheyen-chantedprayers.Oddlyenough,therewerealreadyafewpeopleinthecraterwhospreadsarongsandnets to catch the offeringsthatwerethrownintothecrater.Among the offerings that theymostlyawaitedforweremoney.

Sun, Sand and The CreatorThe stars were still in the skies when tourists were ready to embrace the morning and wait for the sun to set and shine on the Bromo, Batok and Semeru which were standing tall from behind. It was an incredible view. The sunset from this location always drew admiration from the people who were watching it, including me.

As the morning approached, the Tengger Hindus who brought along offerings started to walk towards the Bromo summit. Their main offering was a dead adult buffalo which would be offered to Hyang Widi to express their gratitude.

Teks: Iqbal AlaikFoto: Alaik, Cipenk, Taufik

C5

Culturewww.thepresidentpost.com March 2013 Vol.2 No. 3

The Biggest and The Most Complete Exhibitionof Gifts and Housewares is Back!The Biggest and The Most Complete Exhibitionof Gifts and Housewares is Back!

24 - 28 April 2013Jakarta Convention Center

Jakarta - Indonesia

Opening Hours10.00 am - 10.00 pm

DAILY PROGRAM :Business Matching | SeminarInacraft Award | Demo Product

PRODUCT DISPLAY :Gift Items | HousewaresHome & Garden Decoratives | ToysJewelry | Batik | Fashion Product | Painting | etc

www.inacraft.co.id

The 15th Jakarta International Handicraft Trade Fair

On that day, in Jan-uary, the 52-year-old lady, popularlyknownasMurtiyahPakubuwono, re-

ceived an international awardrelating to arts and culturecalledthe“FukuokaPrize”fromtheJapanesegovernmentforheroutstandingachievementinpre-servingandpromotingtheJava-nesecourtculture.TheFukuokaPrizeiscertain-

lynotanawardthatcanbewoneasily.Theinternationalprizeisonly awarded to individuals orgroupsconsideredtohavemadeasignificantcontributiontothepreservation of Asian culture.MurtiyahPakubuwononowbe-longstothatelitegroup.

G.R.Ay. Koes Murtiyah Pak-ubuwono is a cultural activistfromCentralJava,whowasbornin1960astheJavaneseprincess

ofSurakartaPalace.TheJava-neseprincessisheirtoatradi-tionofcourtculturewhichhascontinued for 300 years in theroyalhouseofMataraminCen-tralJava.When she was a child,

Murtiyah began learning thecourt dances, which had beenhanded down from generationto generation at the Javanesecourt,asaprerogativeofroyalty.Hertalentwasrecognizedearlyon.Duringherupbringingasamemberoftheroyalfamily,shebecamedeeplyconcernedaboutthecontinuationofthetradition-alcultureinthefaceofmodern-ization of the Javanese societyandeconomy.In 1982, she started study-

ingJavaneseliteratureat`Sebe-las Maret State University tofurther deepen her knowledgeaboutthecultureofJava.Hav-ing receiveda thorougheduca-

tiononJavanesecultureduringher childhood, she has alwaysstrovetopromotethetradition-alcourtdancewhilesupportingthepreservationofcentralJava-nesetraditionalculture.

Cultural preservation effortsMurtiyah Pakubuwono, the

daughter of Pakubuwono XII,has been preserving and pro-motingtheJavanesecourtdanceinvariousways,oneofthembe-ingthroughpublicperformanc-esamidfull-scalegamelanmu-sicconcerts.Basedondatacollectedfrom

the Fukuoka Prize committee,shehasconductedmorethan20showsthemedaroundJavanesecourtdanceatthenationalandinternationallevels.

“I did my first internation-al performancewhen I was 24yearsold.Itwasentitled`CourtTraditional Dance of Surakar-ta,andIperformeditinJapan,Europe,andtheUSA,”Murtiyahexplained.Some of the dance perfor-

mances were presented at in-ternational festivals, such asAsiaArtFestivalinHongKong,Next Wave Festival in USA,andQuartiersD`eteFestival inFrance.Notonlythat,Murtiyah,supportedbyhercourtiersandothertraditionalartistsofSura-kartaPalace,held`KeratonNu-santara Festival several timesbetween1995and2008acrossIndonesia.

The Javanese princess re-calledherstrugglingdayswhenshestartedstudyingandpromot-ingtheJavanesecourtdance.“IfIgoback45years,whenIstart-edlearningtodance,andwhenIdiddanceperformanceseveryyear to promote Javanese cul-ture inJapanandother coun-triesworldwide,Ineverthoughtthat I would be rewarded forwhatIstandfor,”shestated.

Furthermore, in cooperationwithJapanese record company`KingRecord ,Murtiyahrecord-edandreleasedaCDon“SrimpiSangapati”,anancientgamelanmusicpiecethatusedtoaccom-panyJavanesecourtdances,inan effort to promote Javanesecourt culture and its signifi-cance.Thankstosuchefforts,Java-

nesecourtdancehasbecomein-creasinglypopularbothathomeandabroad.

Obstacles and challengesHowever, inhereffort topre-

serveandpromotetheJavanesecourtculture,Murtiyahhasal-ways facedsomeobstaclesandchallenges.“The division of Mataram

Sultanate into two sultanates,SurakartaandYogyakarta,wasakeyreasonforthedeclineofJa-vanesecourtdance spopularity.TodayMataramfaces thechal-lengesofmodernizationandglo-balization.Therefore,Ikeeptry-ing to preserve the traditional

Javanese Princess Murtiyah Gets Fukoka Prize for Preserving Culture

courtcultureandpassthemonto the younger generation,” theprincessexplained.However,asamemberofthe

House of Representatives, shehasplayedanimportantroleinculturaladministration,includ-ingintheconservationoftradi-tionalculture. “I remember thetimeswhenIwasregardedasastubbornpersonbecauseofmydesire to fight for thepreserva-tion of the Javanese court cul-ture.Infact,Ihadevenlostmytemper at the House of Repre-sentatives,”sherevealed.

Murtiyahsaidthemajorchal-lenge that she must face is topassonthecultureanditsval-uestotheyoungergeneration.Inan effort to overcome the chal-lenge, Murtiyah has opened`CourtCultureStudio atSura-karta Palace where she canteach important aspects of Ja-vanese court culture, such asJavanese language grammar,court ethics, traditional courtdances, gamelan music, andshadowpuppet.“The Javanese cultural les-

sons taughtat academic class-esarenotthesamestandardaswhatistaughtatthepalace,”shesaid.“Unlike at academies, our

standards are never compro-mised. Therefore, things arestilldifficultsometimesbecausethereisn tenoughsupportfromthegovernment,”Murtiyahnot-ed.

“Preserving the palace`s traditional culture is the call of my soul. This desire will never end as long as I live, and no one can stop me,” said Koes Murtiyah Pakubuwono, which immediately drew applause from the audience.

Support and basic principlesFortunately, Murtiyah is not

alone in her struggle. She hasbeensupportedbythecourtiersand traditional artists of Sura-kartaPalace.Shesaidshealsofeelsgrate-

ful to God because her eldestdaughterhas joinedher inhereffortstopreservetheJavanesecourt culture of Surakarta. Inaddition, Murtiyah and peopleofSurakartaPalacecontinuetoholdontothethreebasicprinci-plesonpreservingtheculture.

“The three principles havebeenhandeddownovergenera-tionssincethetimeofMataramkingdom. They are maintain-ingtheharmonyofnaturallife,maintaining relationships withGodandfellows,andmaintain-ingmagnanimity,” theprincesssaid.“Thethreepillarswillalways

berememberedbythepeopleofSurakartaasareferenceforpro-tecting theJavanesecourtcul-turaltreasures,”shesaid.

Efforts led to resultsMurtiyah has made great

achievements with her dedica-tionandefforts.She has received several

awards, including the `BhaktiUpapradana awardfromthelo-calgovernmentofCentralJavain 1997 and Adipura awardfromthelocalgovernmentofYo-gyakarta-forherservicesinthefield of tourism, arts and cul-

ture.Her greatest internationalachievementwasthatshemadeJavanesecourtdancesaswell-knowngloballyastheBalinesedance.

According to a Fukuoka lo-cal government representative,AkiNonaka,theFukuokaPrizecommittee chose Murtiyah be-cause of her dedication andachievement in preserving andpromoting Javanese court cul-turetotheinternationalworld.“Mrs. Pakubuwono doesn t

only preserve the culture, butshealsopassesittotheyoung-er generation even though it isnotaneasythingtodo.That swhy she deserves the Fukuo-kaPrize,”Nonakaexplained.“Inaddition,shehasahighartisticvalueandcontinuesholdingJa-vaneseculturalarteventsinal-mostallpartsoftheworld,”sheadded.

Theprincessexpressedappre-ciationtotheJapanesegovern-mentfortheFukuokaPrize.Shealso admitted that the awardhasencouragedherandpeopleof Surakarta to continue pre-servingandadvancingtheJava-nesecourtculture.“However,lovingandpreserv-

ing the culture is a call of oursouls. We will continue to dosowithoutbeingaskedorcom-mandedbecauseithasbeenem-beddedinourhearts,”theJava-neseprincessofSurakartasaid.Antara

G.R.Ay. Koes Murtiyah Pakubuwono is a cultural activist from Central Java, who was born in 1960 as the Javanese princess of Surakarta Palace. The Javanese princess is heir to a tradition of court culture which has continued for 300 years in the royal house of Mataram in Central Java.

C6

Propertywww.thepresidentpost.comMarch 2013 Vol.2 No. 3

The annual property value can change periodically that it

can either be lower or higher than the

NJOP, depending on several factors such as

the type of certificate it owns, size of the area, accessibility

and location of the property.

Your Property’s Market Value

tothevaluebothintermsoftheperspectiveofthesellerorprop-ertyownerandthebuyerorrent-er.Forsellers,thepropertypriceis often the price they offeredbecause it relatively dependedon the availability of the prop-erty that could be sold/rentedatacertainmarketoratacer-tain period. For buyers, some-timesthepropertyvalueislower

from a sale-purchase transac-tionorfromexchangingaprop-ertybetweenaninterestedbuy-erandinterestedsellerwhichisconducted appropriately wherebothpartiesactedbasedonanunderstanding,inprudenceandwithoutforce.

Apropertyvalueisusefulfor:• Insurancecompany;

• Findout if thebuildingper-mitcertificate (SHGB)needstoberenewedafteracertainperiodorwhethertheown-ership certificate (SHM)waspermanent and that it ap-pliedtoanindividualowner-ship;

• The highest and best useanalysis of a property willaffect our property marketvalue, for instance: a prop-erty in a housing complexwouldhaveahighervalueasahousethanwhenit’susedasaboardinghouseorifit’sturned into a building forcommerce. This is becausethepropertyisusedinaccor-dancewithitspermitandtheeconomic value of the landuse;

• Compare the value of theproperty we want to sell orrent with the same type ofproperty in the area eitherthroughapropertyagentordeveloperandfrominforma-tionofthepricethatwegath-ered, make a price adjust-mentinaccordancewiththeuniqueness of our property.Forinstance,intermsofthesizeofland,location,environ-ment,maintenanceorbuild-ingrenovationhistory;

• Makeotherpropertyassess-ment approach such as thecost and income approachforapropertyintheprocessof construction, a damagedpropertyand/orpropertythatwillberentedasaboardinghouse.Theyshouldgetanin-dependent opinion from anindependentassessorserviceproviderduetotheirreliablecompetenceandexperience.

“Know Your Value, Know Your Property”

By Andri Marsetianto

thanthepriceofferedbythesell-ers,buttheywouldbewillingtopaymorethanthemarketvalueifthepropertyiscategorizedasaspecialproperty.

The Indonesian AssessmentStandard (SPI) 2007 definespropertymarketvalueasanes-timationofmoneyonthedateoftheassessmentthatwasraised

Property has long be-come the symbol ofwealth and prestigeforthemajorityoftheIndonesian people.

Thatwhyit’salwaysinterestingto follow the discussion aboutthetopicandtheunderstandingaboutproperty.Your property value could

riseifit’slocatedinaprimelo-cationinJakarta,suchasMen-teng,PondokIndah,orthecen-tral business district and eveninanindustrialareathatwouldsoonhaveatollroadaccesstoaport,monorailortoanewfacilitythatwillsoonbebuilttosupportthe Soekarno–Hatta airport.On the contrary, yourpropertyvaluecouldshrink if it’saffect-edbyaroadwideningprojectorcityspatialplanthatwouldturntheresidentialareaintoagreenarea.

Generally,youcanlearnaboutthepropertyvaluebasedontheannual tax object sale value(NJOP),whichusuallyincreasesinlinewiththeeconomicdevel-opmentofanarea.Theannualpropertyvaluecanchangeperi-odicallythatitcaneitherbelow-erorhigherthantheNJOP,de-pendingonseveralfactorssuchasthetypeofcertificateitowns,sizeofthearea,accessibilityandlocationoftheproperty.Usuallyathirdpartysuchas

apublic assessment service of-fice(KJPP)wouldbetheonetoappraisethepropertyvalue.Thisistomaintaintheindependenceandaccountabilityoftheproper-tyvalueaccordingtoIndonesia’sstandardassessment.Thepriceconcept isdifferent

www.bumn.go.id

Usually a third party such as a public assessment service office (KJPP) would be the one to appraise the property value. This is to maintain the independence and accountability of the property value according to Indonesia’s standard assessment.

• Liquidatororcurator;• Bank,toassesstheamountofcreditinaccordancewiththecollateralvalue;

• Investorproperty.

There are several things ingeneral thatneedtobeconsid-ered when assessing a proper-tywhenplanningtosellorbuy/rentaproperty:

C7

Technologywww.thepresidentpost.com March 2013 Vol.2 No. 3

TheCanonEOSMistheveryfirstcompactsys-temcamerafromCan-on, which is the lastmajormanufacturerto

releaseamirrorlessmodel.TheEOSMhasan18-mega-

pixelAPS-CCMOSsensor,newEOS M lens mount, a touch-screeninterface,Full1080pHDMovie mode, ISO 100-12800(expandable to ISO 25600), a3-inch1,040,000-dotLCDmon-itor, and a flash hot-shoe. TheCanonEOSMisbasedaroundanew‘EF-M’lensmount,andtwomatchedlenseswillbeavailableat launch: theEF-M 18-55mmf/3.5-5.6ISSTMzoom,andtheEF-M22mmf/2STM‘pancake’prime.The EOSM features a com-

pact, magnesium-alloy body. Ithasnobuilt-inflash,butinsteadahotshoeonthetopplate,andin many markets it will comebundledwiththenewAAA-pow-eredSpeedlite90EXunit.There’sneitherabuilt-inviewfinder,norconnectorforanexternalunit-composition is solely using thecamera’srearscreen.

Anewmirrorlesssystemneedsanewlensmount,whichCanonhascalledEF-Mtoemphasisitscontinuedcompatibilitywiththecompany’s existing EF mountforautofocusSLRs. It’s a fully-electronic bayonetmount, with9contactsbetweenthelensandcamera.Unusually,thewhitedotforaligningthelensisatthe110’clockpositiononthemount.TheEF-Mmountis58mmin

diameter,withaflangedistanceof18mmfromthebayonettothe

sensor.Astheimageaboveclear-lyshowsit’smatchedspecificallytotheAPS-Csensorsize.The EOSM is released with

two new lenses for the EF-Mmount - an 18-55mm image-stabilizedstandardzoomandacompact,‘pancake’prime.Bothfeature Canon’s ‘STM’ steppermotor for autofocus, which al-lowsnear-silentrefocusingdur-ingvideorecording.Thismeanselectronically-coupled ‘focus-

Canon EOS M Mirrorless Camera

Google has launched apremium Chromebook Pix-elwitha-quite-highspecifi-cations.It’sanewthingfromGoogle since theirChrome-booksarealwayssoldatlow-er-price.The Pixel is clearly not

cheap;itispricedat$1,299(WiFi only) and $1,449 (4GLTE).ChromebookPixelisofcourseusingtheChromeOSoperating system developedbyGoogle.Ithasfrillyfeatureslikea

touch screenwith aRetinadisplay-matching 2560-by-1700resolution,screensizeof 12.85 inches, an anod-izedaluminumchassis,andatrioofnoise-cancelingmi-crophones.

The Pixel’s outer beautyismatched by some beast-ly(foraChromebook)hard-warespecs.ItboastsanIn-tel Core i5 processor withanintegratedGPU(IntelHDGraphics4000) from Intel’slatest batch of mobile pro-cessorsthatthoroughlyout-musclesthelow-endCeleronchips found in most otherChromebooks.

As a support, there is also4GBofRAMandstorageserviceGoogleDrivefor1TBfor3years.Forstorageinit,theWiFiversiononlyacquirescapacityof32GBSSD,while the4GLTEmodelshave64GBSSDstoragecapac-ity.

For those who love Googleappsandhavebeenwaitingforsomething premium, this willbeafantasticnewarrival.Thisisanenchantingmachine;alit-tleheavybutagenuinelyinter-estingentryintothehigh-endofthemarket.

Chromebook Pixel: High-end Touchscreen Laptop from GoogleThe Canon EOS M is based around a new ‘EF-M’ lens mount, and two

matched lenses will be available at launch: the EF-M 18-55mm f/3.5-5.6 IS STM zoom, and the EF-M 22mm f/2 STM ‘pancake’ prime.

For those who love Google apps and have been waiting for something premium, this will be a fantastic new arrival. This is an enchanting machine; a little heavy but a genuinely interesting entry into the high-end of the market.

by-wire’ manual focus; thank-fullythoughCanonhasn’tbeentempted todiscardphysical fo-cusrings.However,therearenoswitches to set the focus or ISmode and those are controlledfromthecamera.Furthermore it’s a touch

screen,thoughyouwouldn’tau-tomatically know it from looksalone, aswe also get the basicphysical controls rangedalong-side it. Apart from just three

choices being offered on theshooting mode dial, otherwisetheEOSMlayoutisprettymuchbusiness as normal for a con-sumerlevelcompactcamera.

Interestingly,theEOSMkitissuppliedwiththenewSpeedlite90EXflashunitasstandard.Awirelessmasterfunctionallowsthecontrolofmultipleflashgunswirelessly.There some factors which

seem to indicate that the EOSMisnotdesignedtoattracttheprosout there: thescreen-driv-encontrolisoneofthem;anoth-eristheprovisionofarangeofcreativefiltersthatincludestoycamera, grainy B&W, fish eyedistortionetc.Overall, the camera appeals

due to itscompactdimensions,light weight and (once you getusedtoit),simpletouchscreenoperation.

Interestingly, the EOS M kit is supplied with the new Speedlite 90EX flash unit as

standard. A wireless master function allows the control of multiple flash guns wirelessly.

www.photographyreview.com

www.thetechblock.com

C8

Golfwww.thepresidentpost.comMarch 2013 Vol.2 No. 3

Matoa Nasional Golf Course:

Pearls in Southof JakartaMatoa Nasional Golf

Courseisa60hectareoasisinSouthJakarta.TheClubisboundedbytworiversandadjoinsverdantpaddyfields.Thepar72course,enrichedwithhighquality grass, of-ferschallengingnaturalandman-madehazard.Matoaistherealizationof

along-helddream.Thecon-ceptofgolfsituatedincom-pleteharmonywith itsnat-ural environment has beendeveloped and refined overmany years by a team ofgolfingenthusiasts,natural-istsanddesignexperts.The golf course itself is

uniquewithadifference;it’sa tribute to the outstand-ingvarietyandbeautyofIn-donesia’s Rain Forest. Over4,500treesfrommanybeau-tifulislandshavebeenplant-edassceneryforthefairwayandgreensofMatoaNasion-alGolfCourse.Thegolfcourseandcoun-

try club have been builtby B. Hasan, B. Santo-

Faldo Series Academy Opens in the U.S.

Six-TimeMajorCham-pionSirNickFaldoisbringingtheFaldoSe-riestotheU.Swithafull-time residential

academyatGrandeSportsWorldinCasaGrande,Arizona.Thefull-timeresidentialFaldo

SeriesAcademy(FSA),whichwillopenforFall2013,willwelcomeelite youth golfers fromaroundtheglobeforacademicandgolfdevelopmentinsearchofcollegescholarships,afutureinthegolfindustry,orstarttoaprofession-alcareer.This Faldo Series Academy

willalsobethefull-timehometoFaldoSeriesUSA,thenewestdi-visionoftheFaldoSerieswhichwaslaunchedbyFaldoin1996andnowhosts40events in30countriesinanefforttoprovideopportunity through golf anddevelop tomorrow’s champions.PastchampionsoftheFaldoSe-riesincludeWorld#1’sRoryMcIl-royandYaniTseng.

“This is an exciting time fortheFaldoSeriesand for younggolfers fromaround theworld,”saidFaldo.“Ihavelonglookedforthebestwaytobringtheoppor-tunitycreatedbytheteachingsoftheSeriestotheUS.ThegreatsuccessachievedhereatGrandeSportsWorldincreatingoppor-tunity for gifted young soccerplayersgaveustheperfectfoun-

dationtobuildspecialopportu-nityforyounggolfershere.”“We look forward towelcom-

ing our first full-time residen-tialstudents in the fall,and toworkwith golf coaches aroundtheworldtocreateone-of-a-kindcamps and individual instruc-

tiontomeetanindividualteamorplayer’sneeds,”headded.ThesiteofFaldoSeriesAcade-

my,GrandeSportsWorldisalsohome to the Real Salt Lake –AZDevelopmentSoccerAcade-my,afull-timeresidentialsoccerschoolforoutstandingplayers.

Six-Time Major Champion Sir Nick Faldo is bringing the Faldo Series to the U.S with a full-time residential academy at Grande Sports World in Casa Grande, Arizona.

www.faldoseriesacademy.com

This Faldo Series Academy will also be the full-time home to Faldo Series USA, the newest division of the Faldo Series which was launched by Faldo in 1996 and now hosts 40 events in 30 countries in an effort to provide opportunity through golf and develop tomorrow’s champions.

so and Associates (Associ-ated by Thompson,Wolver-idge&Perret).The18holescourse is designed to thehighestchampionshipstan-dards,representingthebestoftraditionalgolfdesignandthe natural splendor of thetropics. The championshipcourseispartofa60-hect-areareaconsistingofexotictreesandplants.

The idea to make thecourse function as an “Ar-boretum” conservation andpreservationareaof extincttrees and plants species isthe scenery for the fairwayandgreensofMatoa.Located in the quiet and

secluded area of Ciganjur,SouthJakarta,itoffersyoufreshandnaturalairwithoutthelongdrive.Thecourseisalsoequippedwithotherfea-turessuchasdrivingrange,luxurious restaurant, con-ference room, swimmingpool, and locker roomwithsauna.

As part of the groundbreak-ingcelebrationlastmonth,Faldopresentedashortgameclinic,in-terviewsandtakingpicturesandfollowedbytoursoftheGrandeSports World Performance andTrainingFacility.The event took place at the

historic Francisco Grande Ho-tel and Golf Resort, 12684WestGilaBendHighway,CasaGrande, AZ 8519. Members oftheArizonaFirst Tee program,localhighschoolandcollegiategolfers and area dignitaries at-tendedtheevent.

www.goodlife.co.id