Budi N

Budi N

Budi Nugroho P.



President Joko Widodo Wednesday, September 12, 2018, attended the World Economic Forum On ASEAN, which took place at the National Convention Center in Hanoi, Viet Nam. President called the current condition of the world economy towards ' infinite war ' or ' infinity war '. Take the story of the film ' the Avengers: Infinity War '.


The Siak district administration in Riau Province, will organize an international cycling and sports tourism event called Tour de Siak on September 17-21, 2018, to promote tourism internationally.

Tour de Siak will comprise four stages this year, as compared to three stages last year, Fauzi Asni, head of the Siak district tourism office, stated here, Thursday. The additional stage is Siak-Sungai Apit, stretching 115.16 kilometers (km).

The four stages are Siak-Dayun, covering 154.18 km; Siak -Sungai Apit, 115.18 km; Siak-Dayun-Buatan-Siak, 161.48 km; and the final stage is Siak City, 92.06 km. Since 2013, Siak has organized this annual event to promote tourism in the district. So far, 13 teams, comprising eight foreign teams and five domestic teams, have confirmed their participation in the cycling race, offering a total prize worth Rp750 million.

Asni expressed hope that Tour de Siak would help to increase the number of domestic and foreign tourists as well as boost the local economy.

Meanwhile, some 125 domestic and foreign cyclists have confirmed their participation in the 2018 Tour de Central Celebes (TdCC) to be held on Oct 14-18 this year. The number of participants increased from some 60 cyclists in the first TdCC organized in the previous year, Dr Hasan, race director of the Second TdCC, stated in Palu, Central Sulawesi, recently.

"The final number of participants is 20 foreign teams from 15 countries and five national teams. Each team will comprise five cyclists and three crew members," he remarked.

More cyclists are interested in the TdCC, as it has been included in the Union Cyclist Internasionale and will offer more prizes worth a total of Rp1.2 billion, or more than double than Rp580 million last year.

The foreign teams are from Australia, Mongolia, Malaysia, Canada, the Philippines, Iran, Belgium, Thailand, Poland, Uzbekistan, Serbia, China, Columbia, France, and the United States. The national teams are PGN, ACC, KFC, BRCC/UBK, and Indonesia Pratama.

The cycling race will cover a total distance of 760 kilometers, stretching from Luwuk City, Banggai District, to Palu Municipality. (ant)


The Ministry of Trade is intensifying the penetration of export markets in China, one of which is by displaying its potential of superior products and the typical culture of the archipelago to the world stage through the international exhibition "The 15th China-ASEAN Expo (CAEXPO) 2018.""The Ministry of Trade`s participation in CAEXPO is one of the efforts to increase market access to China as an export destination country," Director General of National Export Development of the Ministry of Trade Arlinda stated through a written statement received in Jakarta on Wednesday.According to Arlinda, Indonesia`s regular participation in CAEXPO is a commitment to establish trade cooperation with China and other ASEAN countries.The exhibition themed "Jointly Building The 21st Century Maritime Silk Road, Forging A China-ASEAN Community of Innovation" was held from Sept 12 to 15, 2018, at the International Convention and Exhibition, Nanning, China.This year, Indonesia presents the Commodity Pavilion and the National Pavilion. The Commodity Pavilion, covering an area of 2,160 square meters, was followed by 66 Indonesian businessmen featuring products, including furniture; food and beverages; fashion; accessories and jewelry; home decor and consumer goods; herbal and beauty products; and spas. (ant)



On Wednesday, 12 September 2018, in Tangerang, Banten, based on the Extraordinary General Meeting of Shareholders, I Gusti Ngurah Askhara Danadiputra or Ari Askhara officially served as President Director of PT Garuda Indonesia, replacing Pahala N Mansury.

Throughout 2017, PT Garuda Indonesia suffered a loss worth US$213.4 million dollars, equivalent to Rp2.88 trillion. In 2016, Garuda managed to record a net profit worth US$9.4 million or around Rp126.9 billion. The losses during 2017 were due to increased spending by 13%, from US$3.7 billion to 4.25 billion dollars, mainly due to an increase in fuel costs by 25% from US$924 million to 1.15 billion dollars.

Ari Askhara has a target to reduce PT Garuda Indonesia's losses to less than US$ 100 million at the end of 2018 by closing the operating costs leakage gap, optimizing favorite routes, opening good economic value routes and improving employee performance. From 2013 to 2018, Askhara was a director of a number of companies, such as Director of Finance and Garuda Risk, and lastly in 2018, he served as President Director of PT Pelindo III.

Askhara will involve all employees and regulators in achieving the target. Part of his experience at Pelindo III will be applied on Garuda. One of them is the transformation of human capital. Because Garuda Indonesia is engaged in the service sector, employees’ happiness is very important so that service to passengers increases. Furthermore, he will attempt to increase revenue by creating new routes at several points of foreign tourist sources, and optimizing the old domestic routes compared to international ones.

To reduce operating costs and prevent inefficiency, there will be renegotiation of incoming aircraft leases, especially for narrow body and wide body existing flights in a bid to extend the lease period. So, the monthly rental fee will decrease by 10-20%.

Amid Rupiah’s worsening conditions and rising oil prices, the next step to be taken is redefining cost structure, changing and improving operational costs.

Along with other directors, such as Commercial Director -Pikri Ilham Kurniansyah, Director of Cargo and Business Development -M Iqbal, Operations Director Bambang -Adi Surya, Director of Finance and Risk Management -Fuad Rizal, HR Director -Heri Akhyat, Technical Director -I Wayan Susena and Service Director - Nicodemus P Lampe, Ari Askhara with the support of shareholders will try to realize the achievement of the target to reduce PT Garuda Indonesia's losses to below US$ 100 million by the end of 2018.

With the experience of leading various divisions in various companies along with the management of the new Garuda Indonesia, Ari Askhara's strong commitment is expected to become a reality, instead of writing on paper, with the support of various parties.