Ken’s deputy rules out compulsory housing

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‘Developers don’t like resi-retail mix’

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Yorkshire Forward: Yorkshire’s star turn

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PREMIUMAXA Mandiri eyes double-digit growth in premium income

first_imgTopics : AXA Mandiri Financial Services (AXA Mandiri), one Indonesia’s major insurance companies, expects to maintain double-digit growth in premium income this year as it taps into the large customer base of its parent company, Bank Mandiri, to attract new policyholders.AXA Mandiri president director Handojo G. Kusuma said in Jakarta on Tuesday that the insurer would market its products more intensively to customers of Bank Mandiri, which had one of the largest customer bases in the country.”We hope to book double-digit growth in premium income by tailoring insurance products to the special needs of Bank Mandiri customers,” he told a press briefing.AXA Mandiri is jointly owned by Bank Maniri, which has a 51 percent stake, and AXA Group’s National Mutual International Pty. Ltd, which holds 49 percent.AXA Mandiri booked gross premium income of Rp 9.5 trillion… LOG INDon’t have an account? Register here Linkedin Log in with your social account Facebook Forgot Password ? Google Indonesia finance insurance AXA-Mandiri premium-income profit bank-mandiri customerslast_img read more

PREMIUMSales drop as rising prices of oranges, chicken meat cripple Jakarta traders

first_imgGoogle Facebook Anda Juanda, a 57-year-old fruit trader at Palmerah Market in West Jakarta, increased the prices of his oranges to Rp 25,000 (US$1.75) per kilogram from Rp 20,000 in January. He offered the smaller ones for Rp 20,000 per kg, a rise from Rp 15,000, as supply has dropped after orange farmers in Medan failed to have a harvest. Since the price hike, Anda’s sales have fallen by 40 percent to 30 kg per day in the January-February period from 50 kg per day. He decided to reduce his orange purchase in a bid to minimize his losses.”Customers asked me why the prices have increased,” Anda, who has been selling at the market for 27 years, said on Thursday. “We sell them at higher prices because the suppliers’ raised their prices. If we sell them as usual, we would not make a profit.”Anda’s decision to increase his orange prices was in line with last … Forgot Password ? Log in with your social account Linkedin Topics : LOG INDon’t have an account? Register here market Jakarta-markets price price-adjustment sales orange meat chicken Poultrylast_img read more

Boeing eyes production pause as virus spreads: Sources

first_imgTopics : As cases rise, so too have angst and anger among some rank-and-file machinists, insiders say. A number of workers have used an “Imminent Danger, Stop Work” contract clause to halt specific jobs until safety concerns are addressed.One 777 work crew was sent home earlier this week due to concerns of infection, and mechanics on the next shift refused to work on the same jet because they were not sure the area was cleaned properly, one person with knowledge of the matter said.Confirming a Reuters report, Boeing said last week it was freezing hiring and industry sources have said layoffs or furloughs are likely as virus concerns peak.Boeing suppliers, already reeling from a production halt on Boeing’s 737 line due to a year-old safety ban, face an even slimmer workload as flight cancellations mean less airline demand for spare parts and services.Aircraft parts shortages were likely, while productivity could take another blow from enforced minimum distances between workers inside factories, industry sources say.Boeing representatives have been contacting parts suppliers to remind them to follow guidance from US health officials, gather information on personnel and contingency plans, and warn firms to restrict visitors while also meeting contractual obligations, supplier sources said.Airbus plans to resume output at French and Spanish plants on March 23 but industry sources say there are doubts over how long either planemaker can maintain the previous levels of output because of scattered shortages in the supply chain. Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by European rival Airbus SE.The US planemaker has not made a final decision on the timing and duration of a potential work stoppage as it weighs health guidance and broader impacts to its supply chain.Boeing would use a stoppage of a few days to conduct a deep clean of its Washington state and South Carolina twin-aisle factories, but seems broadly committed for now to keeping production lines running after the suspension, the people said.center_img A Boeing spokesman declined to comment.The fast-spreading coronavirus has disrupted life across the United States, hammering the economy and virtually wiping out air travel demand.Airbus announced plans earlier this week to halt operations at its plants in France and Spain for four days, after Reuters reported it was studying plans to slow or halt production.Boeing, which employs 70,000 people in Seattle’s Puget Sound area, has some 14 confirmed coronavirus cases as of Thursday, many reported at its Everett hub north of Seattle.last_img read more

KawalCOVID-19 volunteers call for regional quarantines as crisis looms

first_imgThe group said the steps the government had taken to stem the spread of COVID-19 throughout the country had thus far proved ineffective.“[The rate of] social interaction among the public is still high. There have been reports of movement from red zones to yellow or green zones due to the absence of any restrictions,” the group said.A Flourish mapThe report also said the government’s efforts to emulate South Korea’s mass rapid testing had been suboptimal as Indonesia still lacked that country’s PCR-based testing capability to aggressively trace and isolate infected individuals.Such lackluster efforts had led to the daily growth of undetected cases, the group claimed. “We need a more aggressive policy, namely regional quarantines, to break the chain of infection and buy the authorities some time to find and isolate these undetected cases,” said the group.The group also expressed skepticism regarding Indonesia’s official number of confirmed COVID-19 cases and fatalities — 1,155 and 102, respectively, as of Saturday — as the group claimed that it did not account for cases that remained undetected.The real number of COVID-19 cases in Indonesia, including undetected ones, has likely reached tens of thousands, making it imperative for the government to impose regional quarantines to slow down the spread of the disease, according to the group.  President Jokowi had previously expressed his reluctance to impose a lockdown due to the considerable financial and social impacts such an initiative would likely have.  However, scientists and public health experts have urged the government to implement strict rules in order to effectively prevent a nationwide contagion ahead of the Idul Fitri holiday, when many Muslims across the country are expected to travel to their home regions.Topics : A group of volunteers affiliated with the KawalCOVID-19 initiative have pushed for an immediate quarantine on areas considered to be “red zones” for viral infection as the number of COVID-19 cases continues to surge across the country.In a report addressed to President Joko “Jokowi” Widodo on Saturday, the group warned that 60 to 70 percent of the country’s population could be infected with the disease if the government did not impose strict emergency protocols, such as regional quarantines, over the next few weeks.Brief kami untuk pak Presiden @jokowi semoga benar-benar bisa sampai ke beliau. Bantu sundul RT ya.Mohon Segera Karantina Wilayah. #KarantinaWilayah #Lockdown @BNPB_Indonesia @aniesbaswedan @ridwankamil @ganjarpranowo @KhofifahIP16 halaman~a thread~ pic.twitter.com/SGJbhF6LqU— KawalCOVID19 (@KawalCOVID19) March 28, 2020“[Regional quarantine] is a movement restriction that entails the confinement of citizens within their homes while receiving assistance from the state. Residents, for instance, are only permitted to go outside to purchase daily necessities in accordance with a strict schedule,” the group wrote in the statement.last_img read more

Villager fakes death to circumvent India’s virus lockdown

first_imgThe region’s Superintendent of Police, Ramesh Angral, said the four men and the driver travelled more than 160 kilometers in the ambulance, passing many checkpoints using a fake death certificate from the hospital.”The ambulance was stopped at the last checkpoint before they could reach home,” Angral told AFP.”A policeman there immediately figured out that the man lying covered inside the ambulance could not be dead.”The men were arrested and quarantined separately, Angral said, adding that they faced charges of “cheating and defying the government’s prohibitory orders”. A Kashmiri villager faked his death and travelled more than a hundred miles in an ambulance with four others in a desperate bid to circumvent India’s virus lockdown and return home, police said Wednesday.Hakim Din was being treated for a minor head injury at a hospital in Jammu when an ambulance driver suggested the 70-year-old fake his death to get past checkpoints, police said.Din and three other men wanted to return to Poonch, a far-flung region in Indian-administered Kashmir close to the de facto border with Pakistan. There are no known coronavirus cases in the Poonch region.India imposed a 21-day nationwide lockdown from last Wednesday to fight the spread of the coronavirus pandemic.There are more than 1,600 cases, including 38 deaths, in the vast nation of 1.3 billion people, according to the government.The nationwide lockdown comes in the wake of a long-running curfew in Kashmir, imposed as New Delhi scrapped the restive region’s semi-autonomous status on August 5.Some aspects of the curfew were gradually eased in the following months, allowing Kashmiris to travel outside their homes and villages.But some Kashmiris have been left stranded in cities and unable to return home to their villages after the sudden nationwide lockdown announcement.Internet access, which was cut in the earlier lockdown, has remained severely restricted with only 2G access.Many mobile phone users have also been unable to access the internet on their devices.center_img Topics :last_img read more

Government to revamp student assessment to improve PISA scores

first_imgFollowing a decision to cancel the national exam for elementary, junior high and high school students because of the COVID-19 pandemic, President Joko “Jokowi” Widodo has instructed the Education Ministry to seize the opportunity to overhaul the national evaluation system for primary and secondary education.Jokowi said that, while the latest report of the OECD’s Program for International Student Assessment (PISA) showed that Indonesia’s education system had become more inclusive in the past 18 years, it also showed that Indonesian students scored poorly in science, reading and mathematics.“The report that I received showed that [Indonesia’s] PISA score average in 2018 has decreased in three areas of competence, with the greatest decrease in literacy,” Jokowi said in a videoconference with Education Minister Nadiem Makarim on Friday. The triennial 2018 PISA report — which measures the ability of 15-year-olds in the three categories — shows that Indonesia ranked 73rd in mathematics, 74th in reading and 71st in science out of 79 assessed countries and territories.Read also: Not even mediocre? Indonesian students score low in math, reading, science: PISA reportIndonesian students’ mean reading score of 371 in 2018 marks a 21-point decrease from the 2015 score and puts Indonesians far below the OECD average of 487. In mathematics, meanwhile, the study gives Indonesian students a score of 379, a 7-point decrease from 2015, while the mean science score decreased slightly, dropping to 396 points from 403 achieved in 2015. Both scores were also significantly below the OECD average of 489. Jokowi said the PISA findings showed three main drawbacks in Indonesia’s education system the government must immediately address: a large percentage of students with low achievement, a high percentage of students repeating classes and high absenteeism.Nadiem told Jokowi that he had prepared five measures to address the problems and to increase Indonesia’s PISA score in 2024, one of which was to reform the assessments of student’s academic performance.That is in line with a plan the ministry announced last December that it would scrap the national exam in 2021 and replace it with a competency assessment and character survey. Read also: Nadiem grilled at House over new policy“This competency assessment is inspired by PISA and will be very similar to PISA,” Nadiem said on Friday, “The national exam [uses] local standards, but our new competency assessment [uses] international standards.”Nadiem’s five measures also include transforming school leadership, improving teacher education and introducing a flexible curriculum that is adjustable to the needs and learning progress of each student.“What we have now is a syllabus and policies that are so rigid that they prevent teachers from adjusting the learning material based on the student’s ability. […] Not every student must learn the same thing. In one class students should be able to do different homework or projects,” he said.The ministry’s new plan will also allow greater participation of various organizations in transforming Indonesia’s education system, with Nadiem saying all stakeholders should share the responsibility to help improve the education.“Communities and nonprofit organizations working in the education field, companies having a passion for education as well as education technology start-ups must all work together to improve learning outcomes,” he said.Education consultant Indra Charismiadji, while applauding the government’s commitment to improving Indonesia’s PISA scores, said the measures offered by the ministry are not groundbreaking but instead represent an incidental reactive approach.Indra said it was not the assessment standard that had to change but rather the qualification of Indonesian teachers.“But until today, the plan to improve teachers’ quality remains vague,” Indra told The Jakarta Post on Friday. “[The government] said communities and civil society organizations would be asked to help train teachers. But what kind of training? What are the standards and outcomes of the training? What kind of teachers will be produced? We have yet to hear such details.”“Not to mention the absence of a database [and thorough mapping on Indonesia’s teachers] to support the policymaking process. So, I’d say it is all empty rhetoric,” he said.Indra also said the study-from-home policy currently imposed to support physical distancing in response to the COVID-19 pandemic was a way to assess how prepared Indonesia’s education system was to face new challenges in the digital age.“Schools are now closed, and the learning process turns to online platforms […], but we can see that our teachers are not ready with digital learning. It [remote learning] is chaos, and there is no real solution yet,” he said.Topics :last_img read more

Thousands laid off, forced to take unpaid leave in Jakarta as companies hit hard by COVID-19

first_imgThe number of workers that have been laid off and forced to take unpaid leave has reached 162,416 in the capital as more than 18,000 companies in the city grapple with the impact of the novel coronavirus outbreak, the Jakarta administration has said.Data compiled by the Jakarta Manpower, Transmigration and Energy Agency showed that as of Sunday, a total of 30,137 workers had been terminated by 3,348 companies, while another 132,279 employees had been sent home without pay.A total of 18,045 companies in Jakarta have been affected by the coronavirus outbreak. “[The Jakarta administration] is collecting data on the number of workers who have been laid off and forced to take unpaid leave to be reported later to the Office of the Coordinating Economic Minister and the Manpower Ministry,” the agency wrote on its official Instagram account.The Jakarta administration, through the agency, had issued a policy to accelerate the preemployment card program to offer subsidized job training courses and incentives to workers affected by layoffs and unpaid leave to cushion the economy during the COVID-19 pandemic.Confederation of Indonesian Trade Unions (KSPI) president Said Iqbal has called on the government to prepare more measures to anticipate more layoffs. “The government needs to give funds to workers, app-based ride-hailing drivers, and small businesses. It would ease the burden of companies as part of the payment is subsidized by the government,” Said Iqbal said in a statement on Monday. Read also: Airline employees worried about job security as COVID-19 takes its tollHe also suggested the government give incentives to tourism businesses by terminating bank loan interests or reducing tourism-related tax to keep the industry alive.Said Iqbal also called on companies to reduce production costs by giving more days off to workers with a rotational policy to ensure production kept ongoing.”It would reduce electrical costs, catering costs and others for companies” he said, adding that companies should still pay workers in full.At the time of the writing, Andi Yansyah, the head of Jakarta’s Manpower, Transmigration and Energy Agency, was not immediately available when reached for comment by The Jakarta Post.As of Sunday, the novel coronavirus disease has sickened 2,273 people and killed 198 across the archipelago. Jakarta remains the hardest-hit by the contagious disease as the capital has reported nearly half of nationwide cases, or 1,143 infections, with 111 fatalities.Topics :last_img read more