More carmakers caught in headlights of VW engine-rigging scandal

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Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

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Iran's 'catastrophic mistake': Speculation, pressure, then admission

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Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

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A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

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Leaders see horror of French Alps crash as probe gathers pace

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"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Friday, January 25, 2008

State firms in logistics, tourism sector 'did well'

The Jakarta Post, Jakarta

The performance of a total 31 state-owned companies in the logistics and tourism sectors showed encouraging progress last year in earnings and profits, a senior official said.

Total revenues rose by 14.7 percent to Rp 40.4 trillion (about US$4.3 billion) in 2007 from Rp 34.4 trillion in 2006. In 2005, the companies posted Rp 32.3 trillion in revenue, according to Harry Susetyo Nugroho, deputy to the state minister of state enterprises.

In profits, the companies increased to Rp 3.2 trillion in 2007 from Rp 2.4 trillion in 2006, Harry told a hearing with the House of Representatives' Commission VI on industry, investment, SMEs and state enterprises.

The companies made Rp 2.5 trillion in profit in 2005.

Contributing the highest to increased revenue and profit were mainly companies like national flag carrier PT Garuda Indonesia Airline and shipping firm PT Pelni, which were both in the red in previous years but bounced back to return to the black in 2007.

Garuda posted a profit of Rp 250 billion in 2007 after a loss of Rp 197 billion in 2006 and Rp 588 billion in 2005. Pelni made Rp 88 billion last year in profit, after suffering a loss of Rp 127.8 billion in 2005.

In addition, Harry said, Garuda and another state carrier PT Merpati Nusantara Airlines received capital injections from the government worth Rp 1 trillion and Rp 450 billion, respectively.

"As for Garuda, the Rp 1 trillion funds have not been used as its performance is improving," said Harry on Thursday.

Merpati had used Rp 290 billion of the money for maintenance works and debts payments.

"Merpati failed to meet its target on improving its cash flow, so we plan to reevaluate the target this year," said Harry.

Elsewhere, the government restructured heavy machinery company PT Rukindo's management in early 2006 and made state-owned sea-port operators PT Pelindo I, PT Pelindo II, PT Pelindo III and PT Pelindo IV its foster parent companies, he said.

"All four Pelindo companies last year gave Rp 80 billion to Rukindo to support its working capital."

To improve the performance of state-owned hotel group PT Hotel Indonesia Natour (HIN), the government negotiated with Djarum Group to refurbish one of HIN's hotels, the iconic Hotel Indonesia.

Hotel Indonesia, located in Central Jakarta near the famous circle intersection called Bunderan HI (Hotel Indonesia), was the first hotel in the country.

Harry said starting in 2004 Djarum Group had leased Hotel Indonesia's complex on 6.2 hectares of land for 30 years to build an integrated commercial center named Grand Indonesia.

Commenting on the government's action on improving its hotels business, the chairman of the commission Didiek J. Rachbini suggested the government privatize the hotel group.

"I suggest the government focus on the transportation businesses, such as Garuda, instead of hotels. Private companies do better on hotels, so leave the business to them," he added without elaborating. (nkn)

Posted by Cempaka at 6:18 PM
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