Kujang fertilizer ensures safe subsidized fertilizer supply

TEMPO.CO, Karawang – PT Pupuk Kujang, a subsidiary of PT Pupuk Indonesia (Persero), ensures that the supply of subsidized fertilizer is safe to meet the needs of farmers in Karawang, West Java, in the second planting season this year.

“We are engaged in distributing subsidized fertilizer according to the allocation set by the government, plus reserves in each warehouse in the area of ​​responsibility of Pupuk Kujang,” said Communications Manager for Kujang Fertilizer Company, Fitria Ratu Pagih in Karawang, West Java, on Wednesday, August 26, 2020. .

He conveyed that so far the stock of subsidized urea fertilizer in storage line III in Karawang has reached 1,691 tonnes or 127 per cent of the agricultural service offer of 1,335 tonnes.

Meanwhile, the realization of the distribution of the Karawang area for urea reached 38,225 tonnes or 110 per cent of the regulations of the Agricultural Office of 34,631 tonnes.

“For the availability of subsidized urea fertilizer stock in the Karawang area, we are currently supplying sufficient stock at the warehouse for line III, Karawang,” he said.

In addition to urea fertilizer, Pupuk Kujang provides stocks of other subsidized fertilizers in storage line III, the Karawang area, 378 tonnes of NPK Phonska fertilizer stock and 21,040 tonnes of fertilizer distribution, or 103 percent of the provisions.

Then Petroganik fertilizer stock is available as much as 626 tons, and the distribution of fertilizer is 5,514 tons or 97 percent of the deposits.

According to him, Pupuk Kujang ensures that the marketing network in each area of ​​corporate responsibility carries out inspections so that there is a right to targets and fertilizer quotas are only for farmer groups according to the definitive group needs distribution plan (RDKK) which is entered into the system based on NIK through e – RDKK.

The importance of personal data as a farmers’ group in the e-RDKK becomes a reference for the government when it comes to deciding on the allocation of subsidies to farmers in each region, so that the target recipients of subsidized fertilizer will be entitled to the target according to their needs.

“We hope that all farmers in our area of ​​responsibility are registered in the e-RDKK, for those who are not registered in the e-RDKK, Pupuk Kujang will continue to offer non-subsidized fertilizer to farmers, including non-subsidized urea products, namely Nitrea, not -subsidized NPK products, namely NPK 30- 6-8 and non-subsidized organic, namely Excow, “he said.

For stocks of subsidized urea fertilizer in West Java, Banten and parts of Central Java from 24 August 2020, as much as 123,151 tonnes or 1,186 per cent of the regulations of the Agricultural Office of 10,387 tonnes.

AMONG

The government is preparing incentives for players in renewable energy

BigBussiness – The government is currently preparing a presidential ordinance related to new renewable energy and energy savings.

In Perpres, business players in the EBTKE industrial sector will receive incentives and compensation.

Director of Energy Conservation at the Ministry of Energy and Human Resources, Hariyanto, said incentives and compensation are being given to industrial companies fossil fuel wants to switch to new and renewable energy.

However, Hariyanto did not specify the incentives and compensation that would be provided.

“What will be an important point in, among others, Perpres, is the price to be considered, to attract investors to the new sector for renewable energy. In addition, it will also regulate the quota set by the Ministry of Energy and Mineral Resources, the goal is to achieve the goal of 23 percent energy mix by 2045, “said Hariyanto when he was a panelist at the webinar Sustainable Action for the Future Economoy in the” Transition Toward Sustainable Energy “collection held by Katadata on Wednesday, (26/8/2020).

And what is no less important are incentives and compensation. For example, incentives for the construction of geothermal power plants and power plants. Incentives are expected to reduce geothermal prices so that they are competitive.

The chairman of the Association of Indonesian Private Electric Producers, Arthur Simatupang, said that EBTKE Perpres is believed to be able to attract investors to enter the new and renewable energy sector.

“Currently, a number of business players have begun to be interested in switching to EBTKE, first because there are regulations and costs have continued to fall over the past five years,” says Arthur.

PT PLN (Persero) Mega Project Director M. Ikhsan Asaad said that PLN has also begun to make an energy transition from fossil fuels to renewable energy.

One of them is implementing a dedication program with 2600 Diesel Power Plants (PLTD).

As of July 31, 2020, Himbara KUR IDR distributed 154.4 trillion to 2.6 million in debt

Big Business – The Ministry of State-owned enterprises confirmed that the Realization of the distribution of the People’s Business Credit (KUR) from the Association of State-Owned Banks or Himbara as of July 31, 2020 had reached IDR 154.4 trillion for 2.6 million debtors. This amount has only reached 81 percent of the KUR distribution target of around 190 trillion.

“Himbara, which implements the National Economic Recovery Program, has assembled and implemented an appropriate mechanism that includes interest rate subsidies,” said Deputy Minister of Banking and Finance BUMN M. Khoerur Roziqin during an online discussion on SOE Coffee on Wednesday 26. August 2020.

He explained that this was in accordance with the Minister of Coordination for Regulation no. 6/2020, even the extra KUR interest subsidy had actually been determined

Khoerur explained the details of the KUR realization of each Himbara member. Based on the largest BRI, which reached Rp107.19 trillion for 2.38 million customers. Then followed by Bank Mandiri, registered as having distributed KUR when Rp. 32.62 trillion, for its 109,000 customers.

Furthermore, BNI’s realization of KUR was also registered for having reached Rp. 14.4 trillion for 117,000 customers. Then BTN is known for having distributed KUR up to Rp140 billion, to 201,000 of the customers.

Positive Corona cases are still high

BigBussiness – Coordinating Minister of Economic Affairs Airlangga Hartarto emphasized that the budget funds for national economic recovery (PEN) will be optimized.

One of the optimizations that was made, Airlangga said, was to reduce the health budget for handling the Covid-19 pandemic.

He explained that the original health budget was 87.5 trillion, now it has been reduced to 72.73 trillion.

“Of course, it is also expected to optimize the economic improvement, namely the completion of an additional budget from Rp. 87.5 trillion to Rp. 72.73 trillion,” Airlangga said at a virtual press conference on Wednesday (26/8/2020).

According to Airlangga, the reduction in the health budget will be diverted to other programs.

However, the former Minister of Trade and Industry did not want to specify the program to be launched.

“There are shifts in social protection and will monitor these shifts and will propose new programs,” Airlangga said.

The decline in the health budget is inversely proportional to the positive cases of Covid-19 in Indonesia, which are still increasing per day.

The increase in the number of Indonesian corona patients on Wednesday (26/8/2020) afternoon alone reached 2,306 people.

In this way, the number of corona-positive patients in Indonesia currently reaches 160,165 people.

Floating Salary Subsidy End of August, Menaker: Not Deferred or Canceled

TEMPO.CO, JakartaIda Fauziyah, the Minister of Labor, is targeting wage subsidies for workers to start transferring by the end of August 2020. This also refutes rumors that the wage subsidy program has been canceled.

“In fact, the wage subsidy will not be postponed, let alone canceled. We are actually aiming for the end of August 2020 to start transferring,” Ida said in a written statement on Tuesday 25 August 2020.

According to Ida, the Manpower ministry has so far not transferred the funds to the wage subsidy program because it wants to ensure in advance that the data on potential recipients of wage subsidies has been validated and confirmed by BPJS Ketenagakerjaan or BP Jamsostek.

“After the data is verified and validated by BPJS Ketenagakerjaan, we check the list, then we send it to KPPN, and KPPN is immediately sent to the channeling banks. So the term is not canceled,” he said.

Ida also encourages workers who have not submitted their account number data to BPJS Ketenagakerjaan to immediately submit their account data to the company where they work. In fact, he hopes that BPJS Ketenagakerjaan will distribute its branches to encourage companies that have not provided employees’ account numbers to send them immediately. This is because there are still 2 million account number data that have not been entered.

LPS ensures that functions are performed as a guarantee for bank customer funds

BigBussiness – Deposit Insurance Corporation (LPS) ensures that it performs its function as guarantor of customer funds in the bank. This is evident from the function, LPS, which is also actively involved in maintaining the stability of the banking system in accordance with its authority.

These two functions are in line with IDIC’s mission, which is realized in four ways, namely to implement effective deposit insurance to protect customers, implement effective and efficient banking solutions, implement crisis management through efficient and effective banking restructuring and take an active role in encouraging and maintaining the stability of the national economic system.

The banking industry itself is one of the important components of the national economy, which aims to balance progress and national economic unity. The stability of the banking industry affects the stability of the economy as a whole.

LPS, which performs a public fund guarantee, has a legal basis, namely Act number 24 on the deposit insurance company. Based on the law, LPS is said to be an independent institution whose purpose is to guarantee deposits from customers in banks and actively participate in maintaining the stability of the banking system in accordance with its authority.

This law has been in force since 22 September 2005, ie since LPS was officially in operation.
The guarantee that can be delivered to customers of LPS is up to 2 billion IDR for each customer bank.

This can be enforced with certain conditions, namely that it is recorded in the bank’s books, the interest rate does not exceed the interest of the LPS guarantors, and does not take measures that are harmful to the bank.

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