PT BNI Tbk (BBNI) net profit in the first semester of 2013 amounted to Rp 4.28 trillion, up 30.2% over the same period in 2012 amounting to Rp 3.287 trillion. According to the directors, the increase in net income was driven by growth in net interest income earned from credit and non-credit.

Gatot Suwondo, Director of BNI, said that in the first semester of 2013 the company recorded a credit of Rp 222.65 trillion, grow 24.1% compared to the same period last year of Rp 179.44 trillion. The increase in lending is pushed net interest income or net interest income of Rp 8.896 trillion, an increase of 23.1% over the same period in 2012. “Non-interest income grew 22% to Rp 4.56 trillion,” said Billy.

Adobe Systems announced the company’s acquisition of Neolane marketing company. The transaction value of U.S. $ 600 million (about USD 5.8 trillion). The marketing company itself only has annual revenues of approximately U.S. $ 60 million (approximately USD 580 billion).
“It would make a better leader on Adobe’s digital marketing services and strengthen the Adobe Marketing Cloud,” said Brad Rencher, Senior Vice President of Digital Marketing.
Established in 2001, Neolane is headquartered in Paris, France, and serves a number of large clients such as Accor Hotels, Alcatel-Lucent, IKEA, Samsung, Sony, and Dior.
Neolane is the sixth product from Adobe Marketing Cloud service, which includes Analytics, Target, Social, Experience Manager, and Media Optimizer.
Neolane This acquisition will improve the management of electronic mail services and a large amount of real-time recommendations.

PT Bank Mandiri Tbk recorded a net profit of Rp 8.3 trillion in the first half of 2013. This profit rose by 16% from the previous period in 2012.

Bank Mandiri president director Budi G Sadikin explain the increase in net income was driven by the acquisition of translucent increase in operating income of Rp 22.9 trillion, up 17.8% from the previous period in 2013.

“The increase in operating income by 17.8% to Rp 22.9 trillion. Was contributed premium income and net interest, fee-based income.’s Net profit of Rp 8.3 trillion was also supported by the company’s ability to control operating costs at group and subsidiary,” said Budi in the event of public exposure to second-quarter financial report 2013 Plaza Mandiri Bank Mandiri in Jakarta, Monday (07/29/2013).

The bank also recorded credit growth of 22.3% to Rp 428.7 trillion in the second quarter of 2013. That supports the achievement of the Bank’s total assets increased to Rp 672.2 trillion, up 17.6% over the same period last year. Meanwhile, the quality of earning assets also remain well preserved, which looks at the ratio of non-performing loans (NPL) of 0.55% net.

“We are thankful in the midst of intense competition and slowing economic growth, the Bank can continue to show loan growth above market growth. This is one of our commitments to improve access to finance productive country to prosper,” he explained.

The increase in lending occurred in all business segments. The highest growth occurred in the micro segment grew 58.1% to reach Rp 23.9 trillion in the first semester of 2013.

Meanwhile, the credit is channeled to the segment of micro, small and medium enterprises (MSME) recorded a growth of 26.5% to Rp 60.2 trillion.

The bank also helped channel special financing with government guarantee scheme, namely by channeling People’s Business Credit (KUR). Total limit KUR has been disbursed by Bank Mandiri to June 2013 reached Rp 12.2 trillion, which is distributed to more than 237.6 thousand customers.

“Public confidence to Bank Mandiri also higher, as indicated by the increase in third-party funds to Rp 502.4 trillion in June 2013 from Rp 418.2 trillion in June 2012. Saving community continues to grow to Rp 206.6 trillion, up 19 1% over the same period last year, “he added.

Onion harvest has started in some areas, such as Nganjuk and Probolinggo. However, extreme weather conditions that occurred this year make onion production of farmers losing half of normal conditions.
“Under normal conditions, the average onion production 20 tons per hectare. Now the average production of 10 tons to 11 tons per hectare,” said Vice Chairman of the Indonesian Red Onion Seed Association (APBMI), Akat, told Tempo on Tuesday, 30 July 2013.
In addition to the production down, Akat said the cost of onion production in the growing season is also increasing. Akat example, the current cost of onion production in Probolinggo of Rp 75 million per hectare, while in Nganjuk Rp 90 million per hectare, including land lease costs.
“This year, the high production costs due to higher seed prices. Maintenance costs are also high due to the high need for pesticides. Additionally, labor costs are also rising,” said Akat.
Akat said that onion prices at the farm level Rp 25 thousand to Rp 30 thousand per kilogram. Akat admitted, with this price level, farmers are still able to enjoy the benefit.
Despite declining production, Akat not expect the government to tap the import of red onions. Moreover, the peak onion production will take place on August 2013. Akat said it feared import onion to make onion prices at the farm gate sag.
“New no import information, prices at the farmers has dropped from Rp 30 thousand per kilogram to Rp 20 thousand per kilogram. Especially if anyone realized,” said Akat.
Akat said, with the influx of imported red onions, the traders do not dare to buy local red onion with a high price. The entry of onion imports, according Akat, would only reduce the price at the farm level, not at the consumer level.
“Yesterday, the price at the farmers down there when importing information, but the retail price in the market is still high, still Rp 50 thousand to Rp 60 thousand per kilogram,” said Akat.
In the second half of 2013, the government gave import quota 16 781 tonnes of onion. Until August 25, 2013, it is estimated approximately 4,718 tons of onions will arrive in Indonesia.

DIRECTOR PG Rajawali II, Purnomo Dwi Putranto, said the uptake of sugar cane and sugar production in May until mid-July 2013 has decreased compared to last year.
“Progress harvest until July 15, 75 percent over the same period last year,” said Dwi told the Tribune at the Office PG Rajawali II, Jalan Wahidin, Cirebon City, Thursday (18/7). PG Rajawali II oversees five sugar factories, namely Sindanglaut PG, PG Karangsuwung, New Tersana PG, PG Jatitujuh, and PG Subang.
Based on data as of July 15, 2013, five sugar mills that absorb 400,000 tons from 1,600,000 tons of cane targets.
He said he sees the same conditions this year with the situation in 2010, a bad harvest sugarcane and sugar mills losers. Poor sugar harvest because of rain fell until the end of the milling season. Kala wedding ceremony cane in New Tersana PG, PG Tersana New Dwi declared losses of up to Rp 30 billion in 2010 milling season.
“The hope is not as bad as 2010. Hopefully August light again,” said Dwi.