30.9.09

Obstacles and Barriers of Business Oil Palm Industry

Oil Palm Industry does not escape from the various challenges. Among these are the fluctuations in prices of CPO, which is still low productivity, the ability to develop downstream industries, social conflict and environmental issues.
Lately, the demand for oil industry development is vigorous environmental friendly voiced by NGOs. For example Principle & Criteria for Sustainable currently being disseminated by the Roundtable on Sustainable on Palm Oil (RSPO).

At company level, another challenge to be faced was the threat of business failure of the oil palm agribusiness that will harm capital owners who have invested their capital in large numbers. Some factors that could cause failures include the use of fake seeds, application of technical culture is not appropriate (such as planting, maintenance, fertilizer application, crop management), errors in interpretation of land suitability classes and more.

Social factors are a problem in the oil palm agribusiness enterprise is disharmony relationship between estates, local communities and relevant agencies. This situation can create problems such as the product of looting, land occupation, the problem of land availability and licensing.
The high price of CPO 2007-2008 are expected to be difficult to get back to the CPO price trends 2009-2010. CPO prices have abnormalities in 2008 was the high liquidity of the securities outstanding during the year, so that all products, including prices of crude palm oil become a means of speculation, so that price does not reflect the real state price, which is based on supply and demand. In 2007 and 2008 the price of CPO rose 68% -100% of the average CPO price in the year 2003-2006 in Rp.3500/kg level. Meanwhile, core prices also increased by 48% to 82% when the average price for the core Rp.2065/kg years 2003-2006. Based on the projection of world crude palm oil industry in 2009 will still be an increase in the volume of demand by 6% for the whole world. So our projected price of CPO and the nucleus for 2009 will be in Rp.4800-Rp.5000/kg level.

In September 2007 the Government changed the pattern of implementation of the export tax (ET) on petroleum products as well as all derivative products such as crude palm olein, crude stearin, olein kernel oil, RBD Kernel palm olein ET progressive. With the new rules of this ET, the exporter must pay the export tax is more costly to the office of Customs and Excise, if the price of oil and petroleum products in international markets at the top. Conversely, if prices in international markets are down, then ET to pay for exporters as well. This policy is to ensure the supply of CPO (crude palm oil) in the domestic market to avoid shortages.

However, on 15 June 2009, the government raised the tax rate on CPO exports from 1.5% to 6.5%. This policy is carried out, apparently to ensure the delivery of this product in the country. I understand that, as the price of CPO in the world market soared, the industry and traders were more happy playing in the export market.

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22.9.09

Terminal for coal loading in South Tangerang

The government plans to build a terminal for coal loading in South Tangerang

Moody's had just raised Ba2 rating to Indonesia after the last 3 months gave a positive outlook for Indonesia. According to Moody's restoration of Indonesia's economy, prospects for healthy growth, and improvements in macroeconomic management became one of the factors supporting the increase in Indonesia's ranking. With information from Moody's is making Indonesia an increase in asset values. 5-year bond prices continued to climb Indonesia, the rupiah against the dollar also strengthened through the USD 9800. Meanwhile, the rating from S & P for Indonesia still has not changed from BB-(stable).

Government in the near future plans to build a terminal for coal loading in Kelurahan Rawamekar Jaya, Kecamatan Serpong, Tangerang City Southern (Tangsel) Banten. This area is more productive as a path and location for the coal supply to several areas in Jakarta, Bogor, Tangerang, Banten and Bekasi.

Currently masihl comparative study of local government-related development unloading terminal for coal in Serpong. The results of a study requested by the Government of the Regional Environmental Agency South Tangerang City on the analysis of environmental impacts at the construction site unloading terminal for coal in Serpong.

Development plans will run normally, after the results of environmental impact assessment study has been completed and the location was in the local government review into the field. Terminal itself planned take approximately 2 years, when planned construction beginning in 2010, may be operational in 2012.
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25.8.09

The risks in shipping

Sea transport is a means of transportation which is vital in Indonesia, since Indonesia is an archipelago which has about 17,508 islands. These transportation facilities serving the passenger transport, trade, forest products and agriculture, mining, exports and imports.
Ship Type: The types of ships, including marine transportation functions are categorized as follows:
Passenger Ship: Ships that are designed and intended to serve the function of inter-island crossings as well as countries. Design of passenger ships is to have a high speed, navigation and safety facilities and comfort of passengers.
Types of ships involved in such a passenger ship cruises, Ferry and cruiser.
Ship Goods
Ships that are designed and intended function to transport goods between the islands and countries. Design of cargo ship is to have the hold space that can contain various types of goods and there are equipped with loading and unloading equipment.

Types of ships involved in such vessels are: General Cargo, which consists of container ships, ship Ro-Ro (roll-on roll-out), Ship Lash (Barge) and Dry Bulk Cargo Ship. Tanker Ship, Bulk Cargo Ship (bulk goods), Multipurpose ship (multi-purpose vessel).
Every business has risks of its operations, to identify any risks that may arise will be pursued properly anticipate the steps so that if something happens to the company's operational risk level is facing the most minimal level. Risk-risk that may arise in the shipping business especially cargo ships are as follows:


Risks Not Getting Content / Content Not Full

Destination sailing and diversity of content greatly affects the amount of charge that can be transported. Cargo boat that will be purchased and operational plan for transporting cement, coal, steel or other both domestically and abroad.
For inter-island shipping transport in the country and abroad at risk of not getting the goods transported in one direction of the voyage. The difference is only at the level where the risk of loss or loss of vacancies not filled in charge overseas shipping larger compared in the country, because the cost of shipping and port that is high enough.

Risk of Damage During charge Cruises

Transportation services for users of transportation of goods, means of transportation is very important in efforts to get the goods in accordance with her wishes. But the quantity and quality of goods is not necessarily in accordance with the desired order.
In these circumstances companies face trying to maintain the feasibility of the operation so that the cargo ship was not lost or damaged transportation of ship. While damage due to normal circumstances such as packaging leaks, decreasing the weight / content, torn, worn and packaging standards are not appropriate risks of the owner of the goods.

Risk of Drowning / Accidents
Sea transport has sunk risk / accident when the ship was sailing along with the load he was carrying. To overcome this risk of loss due to the speed boat will be insured with a guaranteed Risk transportation experience includes fire, explosion, ran aground, sinking, upside down and collision between ships or objects other than water.

Damage Risk
Damage to the motor boat engine components or the hull will cause the ship to be unable to operate. If this condition occurs with high frequency will certainly result in reduced revenue. The Company will continue to do maintenance and minor repairs on both boat engines, other equipment or the hull. Implementation of improvements or dock either large or small docking will be carried out according to schedule.

Economic Risks

Macroeconomic situation is very influential on business activities in general. Economic growth characterized by an increase in Gross Domestic Product (GDP) and GDP per capita and the depreciation of the exchange rate under control that occurred before the economic crisis in mid 1997, has encouraged industrial and business activities in real sector in general on a high growth rate.
But the conditions of economic crisis that occurred in mid 1997 has led to industrial activities in general to be blocked, people's purchasing power in general declined. Entering the year 1999 until the year 2004 Gross Domestic Product (GDP) again showed an increase.
By looking at the expected economic conditions continue to improve the activities of the business world will also be running with the chain growing business also.

Competition Risk

Marine transportation business activities can not be separated from the competition on the same type of business or any other form of transportation modes. Offer a better will make the benefits of the form of services or products it offers.
For companies that continue to maintain and improve conditions of service through the provision of motor boats are always in proper operating condition so that the travel records / schedules for these ships are always good in the end can still reach the existing market opportunities.
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27.6.09

Look The Property Market Cycle


Properties on the market at this time are on the fragile condition and there is a demand decline sharply due to the economic crisis in the field.
What is the cycle? The simple cycle can be said as a result of the natural instability of the market and the player’s inability to maintain stable market supply and demand. In the long period of time this does not cause problems, but in a time where the market control and loose in a short time going over-heating so that the fall of the market can not be dodged, we need to think more deeply about these cycles.

Although we realize that not a single cycle, which represents a certain property activities, but the cycle is influenced by other economic-cycle according to the position of each. We need to identify the behaviour of some important economic element in the field of property (real estate) to be able to identify market trends, which are: Inflation cycle ; Macro-cycle long-term real estate ; Macro cycle real estate short-term; Cycle of funding from banks / financial institutions; Cycle of regional development; Cycle age and ownership rights invest; Cycle popularity and taste; Cycle demand ; Supply cycle ; Cycle rental properties .

Be seen from the national, cycle property also has a more important meaning. Such as Indonesia, are very dependent on foreign funds to finance projects in large-scale properties. At the time of going "property boom", the number of loans outside the country to grow rapidly. When then decrease sharply in the market situation, the foreign borrowing can lead to a drop in the value of the currency of dollar or rupiah.

In such conditions it is very possible despite the failure of the project owner is able to overcome the problems of decline in local demand. The situation therefore is not only due to a severe rise in the property market and funding from the bank but can be spread overlooks joint-joint national economy.

Basically, the cycle has a characteristic pattern that is a simple standard:
Cycle begins on the supply and demand balance. Demand increased in line with economic growth, this growth provides opportunities for development. Marked the beginning of the competition with the low level of price increase so quickly lead to higher investment returns above the average. Attracted by the large demand and the highest good, and added supply increased again with the emergence of new suppliers, this is causing increased competition and demand equilibrate quickly. As a result of the length management license, a bank loan agreement and the development of many developers who were late to enter the market so that more can not be absorbed by demand. Demand a high cause developers to ignore the quality of the building pursuing a greater advantage, so that developers do not have any experience of follow-follow-up to the market without thinking about the long-term program. Such conditions lead to the emergence of price wars, the quality of development and decrease the profit developers. This will cause complaints from buyers and eventually eliminate the public trust. See good growth, the Bank and financial institutions compete to provide race-loans to developers so that the loss of principles circumspection, the loan becomes more important than the quality of the loan. Difficulty selling the interest burden of the greater, so the developers were forced to lower the selling price so that the loss of benefits, some developers do not even longer to return the loan.

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6.6.09

Investment oil palm processing factory still bright


Investment oil palm processing factory still bright. Development of oil palm processing factory in Indonesia is estimated to begin in 2001 will likely continue to increase in line with the increased consumption of CPO in the world of 2000 was 20.645 million tons and production of 19.962 million tons, and continues to increase until 2010, where the estimated world consumption of CPO will reach 29.0 million tons with production reached 28.571 million tons. Projected production of CPO in the world compared to the need to still have a large market opportunity.

Meanwhile, the demand of CPO in the country, both CPO and PKO to this generally can be met from production in the country. Based on the condition means that the market opportunities both in the country and to export up to at this time is quite good, this shows that the prospects of development with capacity 60 ton / hour palm oil processing factory until now is still quite good and the views of marketing are marketable.

By looking at the development of the area, production and potential new areas of the new oil palm plantation, as has been described previously, the opportunity for the development of oil palm plantation development and palm oil processing factory at this time to still have a future prospect, which is quite good. But this must be supported by all parties and related institutions, especially in terms of ease of funding from banks.

To support this industry sector, the Government of Indonesia still need to make special regulations, so that the CPO can be processed into the final in the country. Regulation is needed to prevent runaway CPO Indonesia to Malaysia and then exported as Malaysian products. Major competitors as Indonesia, Malaysia with its export agencies winning more votes in the CPO is able to organize because the product quality up to the state lobbying importer. Conditions like this will endanger the position of marketing in the CPO market-potential market. Malaysia can re-export of Indonesian CPO claim as their products.

Request sprout palm oil in Indonesia in 2005 reached 500 million sprouts. While the ability to shoot the production of oil palm in Indonesia superior per year up to 90 million. A large area of new oil palm plantations since 2004 caused the demand of oil palm seeds winning jump. With the supply of the shoot, large companies will experience difficulties in the procurement of oil palm shoot, so they would not need to import palm shoot from the outside.

Fluctuations in the price of CPO, companies engaged in the business sector should be able to perform the export of CPO with a minimum contract period of 6 months. This needs to be done in order to maintain the company's performance, especially when the CPO price has decreased.


With analysis of market demand the product of CPO to indicate that growth continues to increase, both at the national level and the world market, it can be concluded that:

Business development in the commodity of oil palm plantations which produce upstream CPO, have a market opportunity that is very good, because the CPO price trend, which continues to increase, in line with the increase in demand volume products. In addition to the development of fuel vegetable that can be updated, making this product the more prospective;
CPO is one of the Indonesian export commodity, the commodity is a product sold widely in the world.

CPO selling price is influenced by supply and demand conditions in the world market, both for the product itself and CPO substitution other products such as soybean oil (Soya Oil).

CPO products as competitors are other vegetable oils which is a product substitution, especially Soya Oil. In the market, this product can be said CPO is very competitive, this is a product of CPO cheapest compared to other product substitution is associated with the high level of efficiency, product CPO. Productivity of land for CPO is 3200 kg / ha, far greater than the productivity of the land for other vegetable oils.

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15.5.09

Jakarta City Center (JaCC) as the biggest wholesale center


To find out the condition of competitors in the vicinity of the project Tanah Abang Market Block-BB, D, C and E, the following description will be given the competition from shopping centers located around the location of the Tanah Abang market.

Tanah Abang Market Block-BA

Tanah Abang Market Block-BA located din Jalan Mas Mansyur, Tanah Abang District, Central Jakarta. Currently, Tanah Abang Market Block-BA is one of the market with the latest condition of the building blocks of the other events after the fire. After re-development, Blok A market that started operation since 1 July 2005 has changed in terms of the concept of the building, this is clearly visible in terms of interior architecture and new building is built.

Facilities that now have the addition, facilities such as worship, Bank, ATM, security system, the loading and unloading and packaging, goods and passenger lifts, escalator unit 143 which support the activities of visitors and one for floor food court which all aim to increase the comfort and security for visitors who come to shop. The kiosk was built and 8000 + stall.


In terms of products offered, Block A has a similarity in terms of the products that are sold with the product sold in blocks B, D, C and E. This is because the environment of the Tanah Abang Market segment’s on commodities such as textiles, clothing and so convection, so that it can be ascertained that the A block is one of the nearest competitor's Blocks B, D, C and E later.

Metro Tanah Abang

The location of the shopping center Metro Tanah Abang is located in Jalan Wahid Hasyim, Central Jakarta. Place shopping center has a strata title status (selling) for the ownership and located near the Tanah Abang market, because it is only 30 m + complex with the Tanah Abang Market Block-BB, D, C and E. Access in terms of traffic, Metro Tanah Abang have roads that can still go through Jalan Wahid Hasyim, a different market compared to the Tanah Abang Blok A and the new. The achievement of visitors and circulation in the Metro is quite convenient and easy with a fairly complete. Type of kiosks that sold in the Metro is very diverse, consisting of area 3 m2, 4 m2, 6 m2, 8 m2 and 9 m2.

Metro Tanah Abang ensure that competitors can be tight for the Tanah Abang market, this is because the segmentation of this type of goods sold have similarities, such as textiles, ready-made, women's clothing, children, teenagers, etc. Jakarta City Center (JaCC) as the biggest wholesale center

Jakarta City Center (JaCC) as the biggest wholesale center

Jakarta City Center Located on Jalan Kebon Kacang is a wholesale center in Southeast Asia. So three-quarter money market Tanah Abang, Jakarta City Center berkaliber International. In addition JaCC have other advantages, namely, not merely the center of textile and garment wholesale, JaCC also contains a number of other products: products made of leather, watches, glasses, electronics, cellular phones, and drugs. In addition, JaCC is a modern business area, other than the trade center, modern, complex JaCC also filled in by office buildings, apartments, central and SME (small medium business) integrated business that is located in the heart of capital.

JaCC total area is 13, 6 hectares. Area trade center building for approximately 550,000 square meters, has seven floors with a total number of kiosks is 8000 units.

Tanah Abang area since a long time known as the trade center, is a change in line with City project (JaCC). JaCC designed as a modern business area consists of HPI centers, wholesale centers, office buildings and apartment development which is done in stages over the area 13.6 (ha). JaCC is intended to be one of the solutions of the Tanah Abang. As a multifunctional area that already has an international reputation, as this area already has a central wholesale garment and textile largest and most complete.

With a strategic location on Jalan Kebon Kacang, which is one of intravenously trade center area of Tanah Abang, wholesale center for textile products, garment accessories, and other accessibility features that are easy to reach. Means of transportation for the JaCC also very easy, because the developers provide shuttle bus back alik from Tanah Abang Market JaCC to the location comfortable for the visitors who come to City Center. Also be JaCC Trans Jakarta bus way and the train line Monorrail.

JaCC equipped with self-contained facilities, such as exhibition hall that is able to accommodate approximately 5000 people, 100 unit facility, escalator units and 2 express escalator connecting two floors at a time, a lot also eight container yard for loading and unloading of goods. JaCC this unit is equipped with 16 passengers and 8 Lift the unit lift service, and security from the danger of fire, each floor JaCC equipped with sprinkler, fire hydrant and fire shutter, Jakarta City Center is the only center that features multi drop off from the floor basis up to three floors. Land for parking at each floor with a capacity of 7.000 car parking.

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9.5.09

Performance Evaluation in Valuation Property



This article is a follow Key point to get property value, Plan visits to direct visit, please read on and become one unit. In order to obtain an independent assessment
Each process must work through a process of discussion and argument is clear and documented. Each end of the form value (value) must involve at least two (2) people who do the discussion on this, the Valuer and the Manager. Each Valuer based on the work and the fact that the data obtained based on the work process and the standard approach. Valuation can not use its empirical experience as a reference standard, but only based on the findings of the data and discussions with the Manager. Valuer to manage the data that are qualitative and quantitative. Nature of the data include: Quantitative data, ie data are real is obtained directly from the source or the first direct view conditions in the field. Qualitative data, ie data in the form of situation analysis or recommendations will actual conditions that are sometimes subjective, opinions or ideas will be used carefully in the process of working as Any reference.
Valuation have a standard object of the votes and the assessment approach. Valuer has to formulate the analytical aspects of the direct with the object to the assessment of the value of a number and the full report. Interpersonal Valuation have the capacity, ie, the ability to build good relationships with other people in a short time and make the data and interviews with the right. Valuation had to follow the assessment of basic education held by the professional associations related to the minimum qualifications set.
Working Group
Each assessment work can be done by at least one marker or more (according to weight and type of work).

The Internal Relations
Each Valuer must document each of the instructions, notes or meetings on internal and with clients or other parties.
Documentation is a tool in the search back to the data or evaluation.
Documentation compiled based on the sequence of events (sequence) and distributed after the note by the Director of Engineering.

Diversion Conditions
In the case of the Director of Engineering to receive the assessment tasks outside the agreed standard, the task can still be carried out with the requirements as follows:
Valuation must be confident that the task does not have any indication or tendency to mislead the needs with that assessment, or the general public
Valuation should be our duty to inform in writing that the task was conducted with the assumption of practice or special exception from this standard that must be disclosed fully in the assessment reports

If the Technical Director are required to run outside of the assessment or the standard provisions that have been agreed, Technical Director can accept or reject the work in writing the reasons remain to include and assumptions that must be agreed at the time of the assessment process

ABC COMPANY less tolerate any irregularities that occur on the Valuation (sudden schedule assessment, the document given client does not complete, the document will be Clients requested at a later) Technical Director gives approval only after reviewing the case-by-case basis. Valuation to process documentation and review documents on the end of each work to ensure that each instruction is received, the assessment process and work was done. If there are documents that are pending (not yet completed), do the coordination with the relevant manager to complete or give a note to be submitted to the Director of Engineering.
Performance Evaluation
Technical Director / officer is appointed to supervise and evaluate periodically the performance of all employees on each assignment. Evaluation can be done periodically, or can be done at random (random) to each employee and the workplace.

Valuation must consider the following factors: Data is data that must be clear, accurate and relevant; Efficiency, cost and resources in the implementation of the ABC Company project, where each marker must be clearly informed about the costs and allocation of resources per project based on an agreement between the Valuation and the Director of Marketing or Engineering. Time management in a project, where each estimator can estimate the necessary time allocation for each of the work related to the assessment. Confidentiality of data or work, essentially an assessment of each officer must be able to maintain the confidentiality of data or work that is or has been done. Objectivities the work, Assessment of each officer in addition to the principles hold objectivities each individual must also always discuss the results of work to colleagues or superiors direct Valuation to maintain the quality of the work to remain objective.
This is above factors must be calculated by the boss of each marker in the assessment process work.

The assessment
Valuation based on a proposed standard that the media has to get approval by the Director of Engineering. Time of the assessment should be done at least one day before the implementation of the inspection. To request the assessment should be conducted on the same day or at the end of the day, must get approval from the Director of Engineering. Assessment can make the process re-assessment, where the database already exists on the Client COMPANY ABC, so that the process can be done on updating the existing database on COMPANY ABC. Documents required by each marker should be at least 1 day before the inspection field. If you can not photocopy the documents have not been given or can be loaned by Client, then the work can be resumed based on the approval of the Director of Engineering.
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2.5.09

Plan visits to direct visit


I Valuation property, we must Planning/ Plan visits to direct visit. This article is a connection from or related to the “Key point to get property value”

This The process of assessment based on the sequence of instructions (sequences). Schedule can be based on the assessment scale based on the priority attention or special treatment to the client after communicated to the Marketing Division and approved by the Director of Engineering can be arranged as follows:

Priority I : Especially for clients who have the Exposure or the value of cooperation with a relatively large company or valuer will have a broad impact, such as government agencies and others. Clients also include that has not been working with the company Valuer, as related to the preparation of a database on the historical marker Company.

Priority II : Especially for clients who have a relatively small Exposure (retail is), and does not affect large. Included therein is also the Client to re-assessment, because the company still saves the Valuer database tools.

Determining the value of cooperation that will differentiate the company's work priorities are determined by the valuer agreed between the Division of Marketing and Director of Engineering.

Approach Work in process consists of four types namely: Interview; Use of Research Results from the secondary data, in the form of information from advertisements, newspapers, and other ; Visits to related institutions ; Field visits (direct observation).

Preparation of questions in interviews to be done by each evaluator before implementation is done.
Terms of persons who are a source of data in the assessment process include:
Persons can be responsible and clear opinion. Valuer must ensure that resources will be interviewed and may be clear in terms of competence and authority
Interviewed the source can be trusted and are the people who have the capacity to provide opinions about the object
Who interviewed the source in accordance with the facts, a good lay-out or photograph or other means.

Field visits are a must in the assessment process. Field visits so that can be done efficiently with basically every evaluator must obtain or find information as follows:
Benchmark data (comparative data), including technical data that are equivalent and related to the object that will be assessed more than one (1) relevant data.
Behavior of market data (market behavior), including data related to the level of market interest or object that will be assessed. Data based on the beliefs and practices, including data that is cognitive and can be emotional or superstition are the object of which will be judged.

Data based on the opinions, including opinions, or that already exist in the market or the general public related to the object that is considered
Data based on knowledge (knowledge or empirical), includes the empirical experience of each other Valuer and employees on the company object to the evaluator assessed

Visits to related institutions is conducted to obtain data to support other objects associated with the votes. Related institutions, among other villages, Local Government, City Administration and others.

Results poured in the form of an assessment report with the required documentation such as photos, location map, picture, land (lot plan), pictures of the layout (plat plan), and others. The format of reporting to the provisions of Standard Valuation.

Job Guide
Each employee in the company, mainly work-based Valuer who have agreed guidelines for internal and external. Internal guidelines can be revised at any time or periodically in accordance with the needs of internal and market, and are subject to approval at the Board of Directors.

When changes occur in an external guide, the adjustment process need to be working. This change is done by working with the Ministry of Research and Valuer throughout the entire approval of the Board of Directors.

Inspection
In the required field inspection to officers appointed to carry out:
visits to the field (site visit),
data collection and
interview with the Client

The issues that must be observed during the visits to the field are: Reference (reference); the nature or location of the characters / local, if there are findings in the affect that value, age, description / explanation, use, construction of buildings, installations, facilities and infrastructure ; size and knowledgeable of the property or land and buildings.

All produce should be based on the size of the set of measurement practices, and any irregularities should be reported. Valuation is not the same as property inspections, so that the Technical Director shall seek disability or lack of careful, and specify whether the defect or deficiency must be followed up by special experts.
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25.4.09

Customers electric meter high


Market potential, customers electric meter high enough, can be in this year (2009) requests a prepayment meter 500,000 units. Specifically this request on the island of Java in the urban areas.

Experiment the use of prepaid electricity meter has been tested and works well on the island of Java Utung (Kepulauan Seribu). Product has prepaid electricity meter can be built in Indonesia, but still experienced strong competition from the Chinese State. From the savings electricity, this product is in supporting the government. However, not many people know that need to be further socialization.
Company Pioneer ini electric meter
PT Mecoindo ideas have started loading the electric meter. This company is engaged in the electric meter with a joint venture between Schlumberger and Berca group. In 2001, Schlumberger release to the Actaris Group ownership. In its development, in April 2007 Actaris diakuisi by Itron Inc., while Berca remain partnered with PT Mecoindo. Of this company Itron has developed. Production capacity of 3.5 million units of the electric meter and 1.5 million units of water meter.

How electricity prepayment
Customers can control the use of electricity. Application more or less the same as the mobile phone using the free refill. Electricity customers who use prepaid electricity facilities, the voucher to buy the rechargeable electric counters in the "PLN", "SMS" voucher, retail stores, banks and private banks or the government.

Given the population of Indonesia very dense source of energy and electricity using coal, then the savings required the use of electricity. Thus, investment in the electric meter is adequate in supporting the government. Shall your investment in this field?
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