Indonesian school children look at a rarely used street telephone booth of PT Telkom in Jakarta on July 19, 2010. Indonesias biggest telecom provider, PT Telekomunikasi Indonesia (Telkom), in their latest report indicates a 6.7-percent rise in net profit in 2009 and forecast strong revenue growth this year. Telkom said its revenue from cellular services rose 7.3 percent to 27.2 trillion rupiah, but revenue from its fixed line business fell 11 percent to 8.64 trillion rupiah.Bandar Lampung, Indonesia (News Today) - State Enterprises Minister Mustofa Abubakar said the assets of 142 state-owned companies under his ministry’s purview had increased significantly making them ready to contribute to economic development.
"A total of 6.6 million jobs will be created over the next few years as investment triples," he said here on Saturday.
He said he had set a target of increasing capital expenditures from Rp383 to Rp836 trillion over the next four years until 2014. For 2011, he said, he has set a target of increasing the benefit by minimally Rp120 trillion from the target of Rp1,200 trillion in revenues.
He said the decisions would affect the readiness of his office to help accelerate economic development in a number of regions covered by the economic development acceleration programs in eight corridors.
"Each region will made to show its prime potentials and by the end of this month a team from the ministry will come to discuss the prospects of synergy in economic development," he said.
The minister was in Lampung to install a forum of 42 state-owned companies in the province. He stated for Lampung there were 46 representatives and state-owned company branches that had been made ready to help development in the region to make it one of the economic powers in the country.
Regarding environment development efforts the minister said it had approved the disbursement of Rp1.5 trillion to support the activity across Indonesia in 2011. For partnership program he said he has set asideRp17.4 trillion in 2011 for small and medium businesses in a number of regions in the country. Mustofa said he expected the profit of 142 state-owned companies would reach minimally Rp120 trillion in 2011.
"Our target is in 2012 no more state-owned companies make a loss and with regard to 15 state-owned companies that are now having financial difficulties efforts are still being made to settle it," he said.
Source : kompas
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