Economics and Business News


 Erick Thohir Wants to Disband 7 BUMN 

Minister of State-Owned Enterprises (BUMN) Erick Thohir said there are seven more state-owned companies that will be dissolved. This step is confirmed to be carried out until the end of 2021 or early 2022 at the latest.

Erick said that the seven SOEs had not operated for a long time, so they had to be disbanded immediately. If not, he said that he would become an unjust leader because he did not provide certainty to his workers.

"Right now, there are seven that need to be closed, which have not been operating for a long time. It's a pity that the fate of the employees is hanging and we are wrong if we become leaders, we don't give certainty," said Erick in his office, Central Jakarta, Thursday (23/9). /2021).

style="text-align: justify;">Erick revealed that of the seven SOEs that want to be closed, there are PT Industri Glass/Iglas (Persero), PT Kertas Leces (Persero), and PT Merpati Nusantara Airlines (Persero). "These are things that I think we have to make sure this decision is made," "When we see that there is a company that is not healthy and it is now open to digitalization and its market if a decision is not made quickly, it will make the company take longer, more healthy. Even though in a short time we can fix it, just because the process hasn't been done yet, so it's not healthy. In the end, it's not just unhealthy, so it goes bankrupt and closes, "he explained.

Apart from that, he admitted that he had asked for support from President Joko Widodo (Jokowi) and other relevant ministers to dissolve BUMNs that were deemed unhealthy. "So that we can anticipate changes in the model crisis that occur during or after COVID," he said.

Previously, there were three SOEs that were dissolved and merged into other state-owned companies. They are PT Bhanda Ghara Reksa (BGR) which merged with PT Indonesia Trading Company (PPI), PT Pertani to PT Sang Hyang Seri, and PT Perikanan Nusantara (Perinus) to PT Perikanan Indonesia (Perindo).

The following is a list of 7 BUMN that want to be dissolved:

1. PT Merpati Nusantara Airlines (Persero)

2. PT Glass Industry (Persero)

3. PT Istaka Karya (Persero)

4. PT Paper Kraft Aceh (Persero)

5. PT Industri Sandang Nusantara (Persero)

6. PT Financing the National Commercial Armada (Persero)

7. PT Paper Leces (Persero)

Affected by Emergency PPKM, Market Traders Turnover Down by 80%

Since the implementation of the emergency PPKM, the turnover of daily needs has decreased by 40-50%, while for non-daily needs such as clothing, accessories, and others it has fallen by 80 percent," said Deputy Chairman of the All-Indonesian Market Traders Association (APPSI) Ngadiran. market traders who decide not to sell. Not because of problems or delays in the distribution of staple products. But indeed because the market visits are very quiet and their income is reduced "Many do not want to sell because there are no buyers, we run out of costs to go back and forth to the market but there is no income," he said. During emergency PPMK, market opening hours are limited to 13.00 from which it usually closes at 17.00. The reduced operating hours of this market have caused traders to lose visitors to the market which is usually crowded in the afternoon. In the Decree of the Governor of DKI Jakarta, Number 875 of 2021 concerning the Implementation of Restrictions on Community Activities (PPKM) for Corona Virus Disease 2019 Emergency, the operating hours of traditional markets are limited to 13.00 WIB. Market visitor capacity is also limited to only 50%. Ngadiran said the entrances and exits of the market were also closely guarded by officers to avoid crowds in the market. The presence of officers guarding makes people afraid to visit the market. Prices of basic goods tend to decrease due to sluggish market activity. The amount of supply is not accompanied by the purchasing power of consumers. "Prices can't go up either because no one buys them, we just sell them cheap, they don't sell," he said. Ngadiran hopes that the implementation of the emergency PPKM rules until July 20 will be effective in suppressing the spread of the Covid-19 virus. Thus, there is no longer any extension of restrictions so that market operating hours can return to normal. In addition, he hopes that the government will immediately provide incentives to market traders who are affected by the emergency PPKM. He said, from the beginning of the pandemic until now, market traders have not received any assistance or incentives from the government.

Antam and Global Gold Prices Rise Due to Evergrande Crisis

Antam and global gold prices rose this morning. Analysts said this strengthening was supported by the weakening US dollar and the Evergrande crisis in China. Antam's or Aneka Tambang's gold prices and globally rose this morning. Analysts said this strengthening was supported by the weakening United States (US) dollar and the Evergrande crisis in China. On the Comex exchange, gold futures rose 0.11% to US$ 1,751.70 per ounce on Saturday, midnight EDT, based on Bloomberg data. The day before, gold futures fell 1.63% to $1,749.80 per ounce, the lowest settlement contract in more than six weeks.

The following is the price of gold bullion at Antam's Precious Metals boutique in Pulo Gadung on Saturday (25/9):

-Price of 0.5-gram gold bullion IDR 509,000

-Price of 1 gram gold bar Rp 918.000

-The price of 10-gram gold bullion is IDR 8,675,000

-The price of 25-gram gold bullion is Rp. 21,562,000

-Price of 50-gram gold bar Rp 43,045,000

  -Price of 100-gram gold bar Rp 86,012,000



Post a Comment

Previous Post Next Post