Sustainability Report 2018 Laporan Keberlanjutan

Total Page:16

File Type:pdf, Size:1020Kb

Sustainability Report 2018 Laporan Keberlanjutan 2018 Sustainability ReportSustainability Laporan Keberlanjutan Laporan Keberlanjutan 2018 Berkontribusi dan Sustainability Report Menginspirasi: Berkontribusi dan Menginspirasi: dan Menginspirasi: Berkontribusi Berkontribusi dan and Inspiring: Contributing Menuju Pembangunan Menginspirasi: Berkelanjutan Menuju Pembangunan Berkelanjutan Contributing and Inspiring: Towards Sustainable Development Contributing and Inspiring: Sustainable Development Towards Menuju Pembangunan Berkelanjutan Menuju Pembangunan Towards Sustainable Development PT Astra International Tbk Laporan Keberlanjutan 2018 Sustainability Report PT Astra International Tbk Jl. Gaya Motor Raya No. 8 Sunter II, Jakarta 14330 Indonesia Tel: (62-21) 5084 3888 www.astra.co.id Laporan Keberlanjutan 2018 Sustainability Report Contributing and Inspiring: Towards Sustainable Development Astra purpose is to give an essence to the society by providing innovative products and services. Astra aims to develop society and preserve natural environment in order to increase the wellbeing of the people. Through the Public Contribution Roadmap, Astra contributes in the mission to achieve the Sustainable Development Goals (SDGs) by implementing 4 pilars of CSR (Health, Education, Environment, Enterpreneurship). Astra has also consistently share inspirations throughout Indonesia to motivate the people. This is because Astra believes that any goals would be beneficial for all when it is pursued within the same effort. Laporan Keberlanjutan 2018 Sustainability Report ASTRA 1 Introduction Portfolio Roadmap People Roadmap Public Contribution Roadmap Supporting Data & Information Berkontribusi dan Menginspirasi: Menuju Pembangunan Keberlanjutan Astra hadir untuk memberikan makna di tengah-tengah masyarakat dengan menyediakan produk dan jasa yang inovatif. Melalui kehadirannya, Astra bertujuan untuk meningkatkan kualitas hidup, membangun kemampuan masyarakat tumbuh sejahtera serta mempertahankan kelestarian lingkungan. Melalui Public Contribution Roadmap, Astra berkontribusi secara langsung dalam pencapaian Tujuan Pembangunan Berkelanjutan melalui pilar kesehatan, pendidikan, lingkungan, dan kewirausahaan serta terus berbagi inspirasi ke penjuru nusantara. Karena Astra yakin, cita-cita yang diupayakan bersama-sama akan memberikan manfaat bagi semua. 2 ASTRA Laporan Keberlanjutan 2018 Sustainability Report Daftar Isi Contents PEMBUKA INTRODUCTION 1 4 TENTANG LAPORAN KEBERLANJUTAN ASTRA 34 TATA KELOLA PERUSAHAAN ABOUT ASTRA SUSTAINABILITY REPORT GOOD CORPORATE GOVERNANCE 4 Referensi Pelaporan 35 Organ Tata Kelola Reporting Reference Organ of Governance 4 Lingkup Pelaporan 35 Rapat Umum Pemegang Saham Reporting Scope General Meeting of Shareholders 6 Penentuan Isi Laporan 35 Dewan Komisaris Decision on Contents of Report Board of Commissioners 7 Penerapan Prinsip Pelaporan 35 Direksi Adoption of Reporting Principles The Board of Directors 8 Ringkasan Kinerja Keberlanjutan Astra 2018 36 Komite-komite Dewan Komisaris Highlight of Astra 2018 Sustainability Performance BOC Committees 10 Sebaran Program Tanggung Jawab Sosial 36 Manajemen Risiko Social Responsibility Program Distribution Risk management 12 Triple-P Roadmap dan Tujuan Pembangunan 36 Kode Etik Berkelanjutan Code of Conduct Triple-P Roadmap and Sustainable Development Goals 37 Whistle Blowing 14 Sambutan Komisaris Whistle Blowing Board of Commissioners Message 37 Pengelolaan Aspek Tanggung Jawab Sosial dan 18 Sambutan Direksi Lingkungan Board of Directors Message Management of Social and Environmental Responsibility 38 Astra dan Pemangku Kepentingan TENTANG ASTRA Astra and Stakeholders ABOUT ASTRA 22 39 Keanggotaan Organisasi Organizational Membership 24 Catur Dharma, Visi & Misi Our Philosophy, Vision & Mission 25 Perusahaan dengan Manfaat bagi Bangsa PORTFOLIO ROADMAP To be an Asset to the Nation PORTFOLIO ROADMAP 40 26 Produk dan Jasa/Lini Bisnis Products and Services/Business Lines 42 Kinerja Bisnis Astra 2018 Astra Business Performance 2018 28 Struktur Organisasi Organizational Structure 44 Produk dan Pelayanan Terbaik kepada Pelanggan Best Products and Services to Customers 30 Penghargaan dan Sertifikasi Awards and Certifications 44 Astra dan Pembangunan Astra and Development 32 Peristiwa Penting 2018 2018 Event Highlights 47 Mengelola Pemasok, Mengelola Keberlanjutan Managing Suppliers, Managing Sustainability Laporan Keberlanjutan 2018 Sustainability Report ASTRA 3 Introduction Portfolio Roadmap People Roadmap Public Contribution Roadmap Supporting Data & Information PEOPLE ROADMAP PEOPLE ROADMAP 48 51 STRATEGI PENGEMBANGAN SDM 66 Penerapan Produksi dan Konsumsi Berkelanjutan HR DEVELOPMENT STRATEGY Implementation of Sustainable Production and Consumption 51 Rekrutmen Recruitment 66 Konservasi Energi Energy Conservation 52 Pelatihan dan Pengembangan Kompetensi Competence Training and Development 69 Keselamatan & Kesehatan Kerja 53 Sistem Karier Occupational Health & Safety Career Path 72 TANGGUNG JAWAB SOSIAL 53 Pengembangan Kepemimpinan SOCIAL RESPONSIBILITY Leadership Development 72 Astra Friendly Company 54 Evaluasi dan Manajemen Kinerja Astra Friendly Company Performance Evaluation and Management 73 Astra untuk Indonesia Sehat 54 Meningkatkan Engagement Astra untuk Indonesia Sehat Employee Engagement Enhancement 74 Astra untuk Indonesia Cerdas 55 Internalisasi Budaya Perusahaan Astra untuk Indonesia Cerdas Internalization of Corporate Culture 76 Astra untuk Indonesia Hijau 56 HUBUNGAN INDUSTRIAL Astra untuk Indonesia Hijau INDUSTRIAL RELATIONS 78 Astra untuk Indonesia Kreatif 57 Menghargai Individu dan Membina Kerja Sama Astra untuk Indonesia Kreatif Respecting Individuals and Developing Cooperation 80 Fitur Istimewa 57 Kesejahteraan dan Work Life Balance Special Features Welfare and Work Life Balance 82 SATU Indonesia Awards 58 Program Pensiun SATU Indonesia Awards Pension Plan 87 Kampung Berseri Astra dan Desa Sejahtera Astra Kampung Berseri Astra dan PUBLIC CONTRIBUTION ROADMAP Desa Sejahtera Astra PUBLIC CONTRIBUTION ROADMAP 60 89 Festival Kampung Berseri Astra 62 PENGANTAR CHIEF OF CORPORATE Kampung Berseri Astra Festival COMMUNICATIONS, SOCIAL RESPONSIBILITY & SECURITY (CSRS) 91 Nurani Astra untuk Kemanusiaan INTRODUCTION FROM CHIEF OF CORPORATE Nurani Astra for Humanity COMMUNICATIONS, SOCIAL RESPONSIBILITY & SECURITY (CSRS) 92 PENCAPAIAN YAYASAN-YAYASAN ASTRA PADA 64 KEBIJAKAN LINGKUNGAN DAN TANGGUNG TAHUN 2018 JAWAB SOSIAL ACCOMPLISHMENTS OF ASTRA FOUNDATIONS IN ENVIRONMENTAL AND SOCIAL RESPONSIBILITY 2018 POLICY 65 PENGELOLAAN LK3 DI TEMPAT KERJA EHS MANAGEMENT IN THE WORKPLACE LAMPIRAN APPENDIX 65 Astra Green Company 97 Astra Green Company 66 Program Penilaian Peringkat Kinerja Perusahaan Company Performance Rating Assessment Program 4 ASTRA Laporan Keberlanjutan 2018 Sustainability Report Tentang Laporan Keberlanjutan Astra About Astra Sustainability Report Sejak tahun 2002 Astra telah menerbitkan laporan Since 2002, Astra has been publishing Astra Sustainability keberlanjutan setiap tahunnya sebagai bagian dari laporan Report annually as part of the Annual Report published within tahunan dalam periode pelaporan yang sama. Fokus laporan the same reporting period. The focus of the sustainability report keberlanjutan adalah untuk mengomunikasikan kebijakan, is to communicate the policies, strategies, efforts, achievements, strategi, upaya, pencapaian, serta tantangan yang dihadapi and challenges encountered by Astra in managing a sustainable Astra dalam menjalankan bisnis yang berkelanjutan. business. Referensi Pelaporan Reporting Reference Laporan keberlanjutan ini memuat referensi Standar Pelaporan The sustainability report discloses the references to the Keberlanjutan dari Global Reporting Initiatives (Standar GRI) Sustainability Reporting Standards of the Global Reporting dengan penyusunan opsi ‘Inti’. Laporan ini juga memuat Initiatives (GRI Standards). The 2018 Astra Sustainability Report kontribusi Astra pada Sustainable Development Goals is prepared based on the ‘Core’ option. This report also contains (SDGs) sebagaimana tertera di halaman 12-13 pada Laporan Astra’s contributions to the Sustainable Development Goals (SDGs) Keberlanjutan ini. [102-54] as indicated on page 12-13 of this Sustainability Report. [102-54] Lingkup Pelaporan Reporting Scope Laporan ini memuat informasi kebijakan dan kinerja This report sets forth the information on Astra’s sustainability keberlanjutan Astra untuk periode 1 Januari hingga 31 policies and performance from January 1st 2018 to December Desember 2018. Informasi terkait kinerja finansial, tata kelola 31st 2018. The information relating to financial performance, dan aspek ketenagakerjaan merupakan hasil konsolidasi di governance and employment represents the consolidated results tingkat korporat, sedangkan pelaporan kinerja Lingkungan, at the corporate level, while reporting on Environmental, Health Keselamatan dan Kesehatan Kerja (LK3), berasal dari 78 and Safety (EHS) performance is derived from 78 companies perusahaan Grup Astra. Laporan ini juga menyajikan informasi within Astra Group. The report also presents information on kegiatan 9 (sembilan) Yayasan Astra yang mendukung the activities of 9 (nine) foundations in Astra that support perusahaan melakukan aktivitas tanggung jawab sosial dan the Company in engaging in its social and environmental lingkungan. [102-45] [102-50] responsibility activities. [102-45] [102-50] Untuk kemudahan, dalam laporan ini digunakan istilah Astra, For convenience, the report uses the terms of “Astra, Astra Grup Astra, Perusahaan
Recommended publications
  • Annual Report 2018 Laporan Tahunan 2018
    Inovasi dan Digitalisasi: Menciptakan Nilai untuk Tumbuh Secara Berkelanjutan Innovation and Digitalization: Creating Value to Sustain Growth PT Astra International Tbk Laporan Tahunan 2018 Annual Report Laporan Tahunan 2018 Annual Report Innovation and Digitalization: Creating Value to Sustain Growth Amidst challenges in the economy and business throughout 2018, Astra Group maintained the sustainability of its business by continuing to build its capabilities focusing on four core areas: continuous innovation, developing globally oriented employees, being an agile organization, and being a partner of choice. Also, in the face of massive, rapid and unpredictable changes in the business landscape, Astra Group has stepped-up its digitalization initiatives to drive more effective business processes, optimize market penetration capability, and introduce various innovations and new services on digital platforms. By building digital capabilities while continuing to encourage the creation of added value for its customers, employees, business partners, shareholders and the people of Indonesia, Astra Group moves forward in its strategic journey towards the Pride of the Nation. Laporan Tahunan 2018 Annual Report ASTRA 1 Highlights Management Reports Company Profile Human Capital Management Discussion and Analysis Corporate Governance Corporate Social Responsibility Consolidated Financial Statements 2018 Inovasi dan Digitalisasi: Menciptakan Nilai untuk Tumbuh Secara Berkelanjutan Di tengah berbagai tantangan perekonomian dan bisnis sepanjang tahun
    [Show full text]
  • State-Owned Enterprise Governance and Privatization Program
    Completion Report Project Number: 32517 Loan Number: 1866 November 2008 Indonesia: State-Owned Enterprise Governance and Privatization Program CURRENCY EQUIVALENTS Currency Unit – rupiah (Rp) At Appraisal At Program Completion (28 February 2000) (7 October 2005) Rp1.00 = $0.000137 $0.000097 $1.00 = Rp7,305 Rp10,305 ABBREVIATIONS ADB – Asian Development Bank MOF – Ministry of Finance MSOE – Ministry of State-Owned Enterprises OECD – Organisation for Economic Co-operation and Development PPP – public-private partnership PSO – public service obligation SCI – statement of corporate intent SOE – state-owned enterprise TA – technical assistance NOTES (i) The fiscal year (FY) of the Government ends on 31 December. “FY” before a calendar year denotes the year in which the fiscal year ends. (ii) In this report, “$” refers to US dollars. Vice President C. Lawrence Greenwood, Jr., Operations Group 2 Director General A. Thapan, Southeast Asia Department (SERD) Director J. Ahmed, Governance, Finance, and Trade Division, SERD Team leader K.-P. Kriegsmann, Senior Financial Sector Specialist, SERD CONTENTS Page BASIC DATA i I. PROGRAM DESCRIPTION 1 II. EVALUATION OF DESIGN AND IMPLEMENTATION 2 A. Relevance of Design and Formulation 2 B. Program Outputs 3 C. Program Costs and Disbursements 10 D. Program Schedule 10 E. Implementation Arrangements 10 F. Conditions and Covenants 11 G. Related Technical Assistance 11 H. Consultant Recruitment and Procurement 12 I. Performance of Consultants, Contractors, and Suppliers 12 J. Performance of the Borrower and the Executing Agency 12 K. Performance of the Asian Development Bank 12 III. EVALUATION OF PERFORMANCE 13 A. Relevance 13 B. Effectiveness in Achieving Outcome 13 C. Efficiency in Achieving Outcome and Outputs 14 D.
    [Show full text]
  • Memberdayakan Keunggulan Internal Building up Our Natural Capabilities Building up Our Natural Capabilities
    Laporan Tahunan Annual Report 2017 MEMBERDAYAKAN KEUNGGULAN INTERNAL BUILDING UP OUR NATURAL CAPABILITIES BUILDING UP OUR NATURAL CAPABILITIES The year 2017 is an important milestone as Astra commemorated the 60th year anniversary since it was first established in 1957. In Astra’s six decades of journey to aspire to “Prosper with the Nation”, Astra has transformed to become an Indonesian group company with more than 210,000 employees spread across more than 200 companies throughout Indonesia. Amid the various business challenges in 2017, Astra made breakthroughs by focusing on building our natural capabilities, such as our technical and non-technical competencies, solid company culture, established management system, wide network, strong customers’ trust and high value of Astra brand. The result was Astra generated outstanding operational and business performance in 2017. With this, Astra continue its course to reach its 2020 Goal, to be “Pride of the Nation”. 1 MEMBERDAYAKAN KEUNGGULAN INTERNAL Tahun 2017 merupakan tonggak penting perjalanan Astra yang telah mencapai usia 60 tahun sejak didirikan pada tahun 1957. Dalam perjalanan enam dasawarsa Astra dalam menginspirasi negeri sekaligus mewujudkan cita-cita “Sejahtera Bersama Bangsa”, Astra telah bertransformasi menjadi satu grup perusahaan di Indonesia yang menaungi lebih dari 210.000 karyawan yang tersebar di lebih dari 200 perusahaan di seluruh tanah air. Dalam menghadapi berbagai tantangan bisnis sepanjang tahun 2017, Astra melakukan terobosan-terobosan yang memfokuskan pada pendayagunaan kapabilitas internal berupa kompetensi teknikal dan non-teknikal yang mumpuni, budaya organisasi yang kokoh, sistem manajemen yang mapan, jaringan yang luas, kepercayaan pelanggan yang kuat dan brand value Astra yang tinggi. Hasilnya, Astra meraih kinerja operasional dan bisnis yang menggembirakan di tahun 2017.
    [Show full text]
  • MNCS Compendium / III / September 2018 1
    MNCS Compendium / III / September 2018 1 MNCS Compendium / III / September 2018 2 MNCS Compendium / III / September 2018 Contents 04 Kata Sambutan Direktur Utama Analisis Emiten MNC Group MNC Sekuritas 06 Analisis Makroekonomi 55 PT Adaro Energy Tbk 71 MNC College Wisnu Wardana 57 PT Astra International Tbk 99 PT MNC Land Tbk 10 Investment Strategy 59 PT Bank Central Asia Tbk 61 PT Bank Tabungan Negara Tbk 13 Bond Market Update 63 PT XL Axiata Tbk Appendixes 65 PT Gudang Garam Tbk 17 SGX Indonesia Equity Futures 67 PT Indofood CBP Sukses Makmur Tbk 103 MNCS Stock Universe 69 PT Japfa Comfeed Indonesia Tbk 104 Data Obligasi 75 PT Arwana Citramulia Tbk 105 Heat Map dan Nilai Tukar Analisis Sektoral 77 PT Blue Bird Tbk 106 Kalender Ekonomi 80 PT GMF Aero Asia Tbk 21 Sektor Consumer 107 Special Thanks 83 PT Buyung Poetra Sembada Tbk 24 Sektor Telecommunication 85 PT Hartadinata Abadi Tbk 27 Sektor Metal Mining 87 PT London Sumatra Indonesia Tbk 30 Sektor Automotive 89 PT Industri Jamu dan Farmasi 35 Sektor Banking Sidomuncul Tbk 38 Sektor Coal Mining 91 PT Waskita Beton Precast Tbk 41 Sektor Plantation 44 Sektor Construction 47 Sektor Cement 50 Sektor Property 53 HARA - Empowering Billions 94 Expert Talks Session Daniel Nainggolan 73 Expert Talks Session 97 Tips & Tricks from Investment Figure 102 Learn from Millenials Adrianto Djokosoetono Sukarto Bujung LastDay Production 3 MNCS Compendium / III / September 2018 Sambutan Direktur Utama MNCS Compendium Para nasabah MNC Sekuritas yang terhormat, Tidak terasa tahun 2018 akan segera berlalu. Semangat nasionalisme terasa semakin kental setelah Indonesia sukses menjadi tuan rumah dalam kompetisi olahraga Asian Games 2018.
    [Show full text]
  • Astra International (ASII IJ) Maintain Steadily Improving
    Equity Research Company Update Thursday,13 August 2020 BUY Astra International (ASII IJ) Maintain Steadily improving Last price (IDR) 5,400 From the recent virtual meeting, Astra Int’l (ASII) is preparing to further raise Target Price (IDR) 6,700 its automotive production by operating two shifts in August 2020 while remaining cautious given the uncertainty surrounding the Covid-19 Upside/Downside +24.1% pandemic. As such, we expect a steady improvement in car sales in the Previous Target Price (IDR) 5,600 coming months of 2020. Maintain BUY with a higher TP of IDR6,700 (SOTP valuation) as we roll over our valuation to 2021 and fine tune our forecasts. Stock Statistics Sector Automotive Preparing to operate two shifts for automotive manufacturing. After the relaxation of large-scale social distancing restrictions (PSBB) in June 2020, the Bloomberg Ticker ASII IJ company resumed its manufacturing facilities (at a slow pace and with low No of Shrs (mn) 40,484 capacity) and its dealerships. While Astra remains cautious amid uncertainty Mkt. Cap (IDRbn/USDmn) 218,611/14,811 in regard to the Covid-19 pandemic denting purchasing power, the company is preparing to operate two shifts for automotive production in August 2020 Avg. daily T/O (IDRbn/USDmn) 244.6/16.6 given hopes of a steady recovery in car demand and in anticipation of the Major shareholders (%) depletion of car stocks at dealers. Astra indicated healthy car inventory for the month of August 2020. Jardine Cycle & Carriage 50.1 Covid-19 hit consumer behavior in regard to auto purchases. The Covid-19 Estimated free float 49.9 pandemic has affected consumer behavior in regard to auto purchases, especially first-time buyers.
    [Show full text]
  • ASIAN AUTOMOTIVE NEWSLETTER ISSUE 16, December 1999 a Bimonthly Newsletter of Developments in the Auto and Auto Components Markets
    BDA Business Development Asia ASIA IS A BUSINESS IMPERATIVE NOW MORE THAN EVER ASIAN AUTOMOTIVE NEWSLETTER ISSUE 16, December 1999 A bimonthly newsletter of developments in the auto and auto components markets CONTENTS CHINA/HK INTRODUCTION .............................................. 1 Ami Doduco, a unit of Technitrol Company of CHINA / HONG KONG ................................. 1 the US and a global leader in electrical contacts, has INDIA ..................................................................... 2 agreed to acquire Tianjin Electrical Metal Works INDONESIA ........................................................ 2 (TEM), an electrical contacts business based in JAPAN ..................................................................... 3 Tianjin, from Tianjin XinHao Investment Devel- KOREA ................................................................... 3 opment Company. Ami Doduco has established a MALAYSIA ............................................................ 4 wholly-owned enterprise in Tianjin City and obtained SINGAPORE ........................................................ 5 all approvals necessary to manufacture and sell sil- THAILAND .......................................................... 5 ver-based electrical contact products used in the ap- VIETNAM ............................................................. 5 pliance, automotive and construction industries. (No- FOCUS: Fast Fit Market in Asia ....................... 6 vember 10, 1999) Daewoo Motor Co has opened three car component JV plants
    [Show full text]
  • Vanguard FTSE International Index Funds Annual
    Annual Report | October 31, 2020 Vanguard FTSE International Index Funds Vanguard FTSE All-World ex-US Index Fund Vanguard FTSE All-World ex-US Small-Cap Index Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. Important information about access to shareholder reports Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com. You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com.
    [Show full text]
  • Indonesia Auto
    Indonesia Sector Update 17 January 2020 Consumer Cyclical | Auto & Autoparts Indonesia Auto Neutral (Maintained) Stocks Covered 2 ASII’s Dec-19 Share Lowest In Last Six Months Ratings (Buy/Neutral/Sell): 1 / 1 / 0 Last 12m Earnings Neutral Revision Trend: Stay NEUTRAL. Dec 2019 4-wheeler (4W) national wholesales declined to Pecking Order Target Price 86.6k units (-4.6% MoM, -1.4% YoY), bringing FY19 wholesales to 1,026k Astra Otoparts (AUTO IJ) – BUY IDR2,100 units (-10.9% YoY). Astra International’s Dec 2019 market share declined to Astra International (ASII IJ) – NEUTRAL IDR6,700 47.4% (Nov 2019: 52.7%), the lowest in the past six months. Meanwhile, Mitsubishi and other small automotive brands’ market shares picked up. Key Analyst downside risk: Tougher competition in MPVs and SUVs. Key upside risk: Easier financing (from declining interest rates), which boosts auto sales. Andrey Wijaya +6221 5093 9846 Lower December 4W wholesales. FY19 4W domestic wholesales closed at [email protected] 1,026k units (-10.9% YoY, 2018: 1,151k units). Although the decline in sales persisted throughout the year, the result notched above Gaikindo’s revised target of 1,000k units (initial target was at 1,150k units). Dec 2019 4W national wholesales declined to 87,534 units (-4.6% MoM, -1.4% YoY). ASII’s market share declined to 47.4%, the lowest in last six months. This softening was mostly attributed to Daihatsu, whose market share narrowed to ASII’s market share 12.5% in Dec 2019 (Nov 2019: 17.5%). Toyota, ASII’s biggest contributor to Astra's market share (LHS) sales, saw its market share drop to 31.7% in Dec 2019 (Nov 2019: 32.0%).
    [Show full text]
  • Michael Malley
    T he 7th D evelopment Cabinet: Loyal to a Fault? Michael Malley Five years ago, amid speculation that B. J. Habibie and his allies in the Association of Indonesian Muslim Intellectuals (ICMI) would gain a large number of seats in the cabinet, State Secretary Moerdiono announced that "expertise" would be Soeharto's chief criterion for choosing ministers. This year, despite the economic crisis that enveloped the country, few people even thought to suggest that Soeharto sought the most technically qualified assistants. As the outgoing cabinet's term wore to a close, the jockeying for influence among ministers and their would-be successors emphasized the most important qualification of any who would join the new cabinet: loyalty. As if to diminish any surprise at the lengths he would go to create a cabinet of loyalists, Soeharto fired his central bank chief, Soedradjad Djiwandono, in mid- February, just two weeks before the 6 ^ Development Cabinet's term expired. Together with the finance minister, Mar'ie Muhammad, Soedradjad had worked closely with the International Monetary Fund to reach the reform-for-aid agreements Soeharto signed in October 1997 and January this year. Their support for reforms that would strike directly at palace-linked business interests seems to have upset the president, and neither were expected to retain their posts in the 7 ^ Cabinet. But Soedradjad made the further mistake of opposing the introduction of a currency board system to fix the rupiah's value to that of the US dollar. The scheme's main Indonesian proponents were Fuad Bawazier, one of Mar'ie's subordinates, and Peter Gontha, the principal business adviser to Soeharto's son Bambang Trihatmodjo.
    [Show full text]
  • 118 DAFTAR PERUSAHAAN LQ 45 PERIODE 2014 LQ45 Index
    118 DAFTAR PERUSAHAAN LQ 45 PERIODE 2014 LQ45 Index Constituents for the period LQ45 Index Constituents for the period of February – July 2014 of August 2014 – January 2015 1. AALI Astra Agro Lestari Tbk. 1. AALI Astra Agro Lestari Tbk. 2. ADHI Adhi Karya (Persero) Tbk 2. ADHI Adhi Karya (Persero) Tbk. 3. ADRO Adaro Energy Tbk. 3. ADRO Adaro Energy Tbk. 4. AKRA AKR Corporindo Tbk. 4. AKRA AKR Corporindo Tbk. 5. ASII Astra International Tbk. 5. ANTM Aneka Tambang Tbk. 6. ASRI Alam Sutera Realty Tbk. 6. ASII Astra International Tbk 7. BBCA Bank Central Asia Tbk. 7. ASRI Alam Sutera Realty Tbk. 8. BBNI Bank Negara Indonesia (Persero) 8. BBCA Bank Central Asia Tbk 9. BBRI Bank Rakyat Indonesia (Persero) 9. BBNI Bank Negara Indonesia (Persero) Tbk. Tbk. 10. BDMN Bank Danamon Tbk. 10. BBRI Bank Rakyat Indonesia (Persero) 11. BKSL Sentul City Tbk. Tbk. 12. BMRI Bank Mandiri (Persero) Tbk. 11. BBTN Bank Tabungan Negara 13. BMTR Global Mediacom Tbk. (Persero) Tbk. 14. BSDE Bumi Serpong Damai Tbk. 12. BDMN Bank Danamon Tbk. 15. CPIN Charoen Pokphand Indonesia 13. BMRI Bank Mandiri (Persero) Tbk. Tbk. 14. BMTR Global Mediacom Tbk. 16. CTRA Ciputra Development Tbk. 15. BSDE Bumi Serpong Damai Tbk. 17. EXCL XL Axiata Tbk. 16. CPIN Charoen Pokphand Indonesia 18. GGRM Gudang Garam Tbk. Tbk 19. HRUM Harum Energy Tbk. 17. CTRA Ciputra Development Tbk. 20. ICBP Indofood CBP Sukses Makmur 18. EXCL XL Axiata Tbk. Tbk. 19. GGRM Gudang Garam Tbk 21. INDF Indofood Sukses Makmur Tbk. 20. HRUM Harum Energy Tbk. 22.
    [Show full text]
  • Task Force Formed to Monitor Regional Election Campaign Ads in Mass Media Detik ( Kompas (
    Subscribers copy, not for distribution th Wednes day, Aug. 12 , 2020 GENERAL NEWS AND HEADLINES Task force formed to monitor regional election campaign ads in mass media Detik (https://tinyurl.com/y2uegho9); Kompas (https://tinyurl.com/y69s3s33) The Elections Supervisory Agency (Bawaslu), along with the General Elections Commission (KPU), the Indonesian Broadcasting Commission (KPI) and the Press Council have formed a task force to monitor campaign advertisements for the 2020 regional elections. The task force was formed through a joint decree on the supervision and monitoring of news and election campaign ads run by broadcasting institutions, print media and digital press companies. In the previous 2019 elections, Bawaslu found that several campaign ads allegedly violated regulations. Thus, Bawaslu expressed hope the task force would be able to closely monitor campaign ads this year, as election participants would likely conduct most of their campaigns online because of the pandemic. KPK commends revocation of Attorney General’s prosecutor handling guidelines Kompas (https://tinyurl.com/y4nl5wm5); Republika (https://tinyurl.com/y58a8kn6) Attorney General Sanitiar Burhanuddin’s decision to revoke Attorney General Guideline No. 7/2020 has been praised by Corruption Eradication Commission (KPK) deputy chairman Nawawi Pomolango. Nawawi said the decision reflected the Attorney General Office’s (AGO) responsiveness to public criticism concerning the guidelines. The revocation, Nawawi added, was also in line with the spirit of eradicating corruption. Copyright © 2020. Tenggara Strategics To Subscribe: [email protected] Subscribers copy, not for distribution The issuance of Guideline No. 7/2020 sparked backlash because it was issued in the middle of graft convict Djoko Tjandra’s case and stipulates that the examination of prosecutors suspected of having committed criminal acts requires approval from the attorney general.
    [Show full text]
  • INDEX FACT SHEET INDONESIA STOCK EXCHANGE January 2021
    LQ45 INDEX FACT SHEET INDONESIA STOCK EXCHANGE January 2021 GENERAL INFORMATION HISTORICAL PERFORMANCE Index Name : LQ45 Return Jan 31, 2011 - Jan 29, 2021 IDX JATS Code : LQ45 120% Description : IHSG IDX30 LQ45 IHSG An index that measures the stock price performance of 45 100% 5862.352 stocks with relatively large market capitalization, high (71.96%) liquidity, and good fundamentals. 80% Launch Date : February 1, 1997 IDX30 486.619 July 13, 1994 60% Base Date : (62.53%) Base Value : 100 40% Methodology : LQ45 Capped Free Float Adjusted Market Capitalization Weighted 911.98 20% (52.54%) 푛 σ푖=1 푀푎푟푘푒푡 퐶푎푝푖 × 퐹푟푒푒 퐹푙표푎푡 푅푎푡푖표푖 퐼푛푑푒푥 = x 100 0% 퐵푎푠푒 푀푎푟푘푒푡 퐶푎푝 -20% On each periodic review, the constituent weight is capped 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Jan 2021 so the highest weight in the index is no more than 15%. INDEX PERFORMANCE RISK CONSTITUENT SELECTION Returns YoY Returns Universe 6M 13.57% 3Y Beta 1.32 Constituents of IDX80 Index. 1Y -5.20% Year LQ45 IHSG IDX30 5Y Beta 1.31 Selection Criteria 3Y -17.52% YTD 2021 -2.5% -2.0% -3.1% 3Y Std Dev (Annualized) 25.6% From the 80 stocks of the IDX80 constituents that have 5Y 14.00% 2020 -7.8% -5.1% -9.3% 5Y Std Dev (Annualized) 21.8% been selected in the given period, 45 stocks are selected to 10Y 52.54% 2019 3.2% 1.7% 2.4% be LQ45 constituents by considering the factors below: Since Base Date 811.98% 2018 -9.0% -2.5% -8.8% 3Y (Annualized) -6.23% 2017 22.0% 20.0% 24.4% FUNDAMENTAL a.
    [Show full text]