More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
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

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

Missing MH370 likely to have disintegrated mid-flight: experts
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. …”

Thursday, February 26, 2009

Ministry appoints new directors for KAI and PPA

The Jakarta Post,  JAKARTA   |  Thu, 02/26/2009 10:40 AM  

The State Owned Enterprise (SOE) Ministry appointed directors for the state railway company PT Kereta Api Indonesia (PT KAI) and the state asset management company (PPA) on Wednesday. 

“I hope the new directors can improve their respective company’s performance, profit margin, services and good corporate governance,” Sofyan Djalil, the minister of SOE said in his speech. 

The minister appointed Ignasius Jonan as the new president director for PT KAI, replacing Ronny Wahyudi who has been appointed to the board of commissioners for state train car producer PT INKA. 

The minister also appointed new directors for PPA. 

Andi Saddawero was appointed as the new asset management director, Saiful Haq Manan as restructuring and revitalization director, Wandhy Wira Riady as finance and investment director, Tunggul Rajagukguk as risk management director, and Tri Herutantoyo as legal, human resources, and general affairs director for the company. 

Sofyan said that a change  in the board of directors was something usual as the companies needed to refresh their management in order to improve their performance. 

He said that he chose Ignasius Jonan, who did not build his previous career within PT KAI, to speed up the transformation of the company. 

Ignasius Jonan is a former CEO of Bahana Pembinaan Usaha Indonesia (BPUI) from 2001 to 2006, a state-owned holding company of investment bank PT Bahana Sekuritas Tbk, after which he worked as managing director and head of investment banking for Citicorp in Indonesia from 2006-2008. 

Meanwhile, PT KAI’s former director of operational Soedharmo Ramadhan has been promoted as the vice president director. The minister also appointed Sulistyo Wimbo Hardjito as a member of the board of directors. 

Sofyan said that the new directors have to continue the current train rehabilitation program which has an allocated budget. 

Furthermore, Sofyan hopes that the new KAI management can help serve at least 20 to 30 percent of the 30 million commuters in Jakarta in the next two to three years. He also pointed out the need to revitalize the South Sumatra rail tracks in order to deliver enough coal to publicly listed coal mining firm PT Tambang Batubara Bukit Asam (PTBA). 

“Currently, the South Sumatra rail tracks can only deliver around eight million tons of coal per year, while PTBA has abundant coal reserves. I hope that KAI can improve its performance by delivering at least 20 million tons per year,” he said. 

Commenting on his new task in KAI Jonan said that he would focus on improving the quality of services, security, and timeliness while continuing the current projects. 

“PT KAI is a big company. The former directors have done a good job but it can be improved,” he said. 

The government had allocated Rp 19 trillion (US$2.09 billion) last December from the state budget for a three-year revitalization of PT KAI. 

The Ministry of Communication and Information data revealed that in 2008, KAI recorded Rp 4.32 trillion in revenue with an operating profit of around Rp 40 billion. Its net profit was estimated at around Rp 2.5 billion to Rp 12.5 billion. 

KAI projected that this year the company was aiming to increase growth in revenue by 4.6 percent to Rp 4.5 trillion. (fmb)

Posted by Cempaka at 8:09 PM
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