Timor (car)
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Timor (car)
PT Timor Putra Nasional (TPN), commonly known as Timor, was an Indonesian automobile manufacturer operating between 1996 and 2000 originally formed by businessman Tommy Suharto. The company was created as a response to a presidential instruction (''Inpres, Instruksi Presiden'') regarding the development of the national car industry. The Indonesian government then appointed TPN as a sole 'national car pioneer'. Throughout its operations, TPN imported cars made by Kia Motors from South Korea, both through built-up import and knock-down kit import route. TPN had to end its operations after the World Trade Organization (WTO) ruled the national car program was incompatible with WTO rules. 'Timor' is a syllabic abbreviation of ('People's Car Industrial Power/Technology'), although several sources said the Timor name was also chosen as a homage to the Timor island which was fully controlled by Indonesia as the East Timor occupation at the time was still ongoing, while 'Putra Nasion ...
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Minister Of Finance (Indonesia)
The Minister of Finance of the Republic of Indonesia (Indonesian: ''Menteri Keuangan'') is the head of the Indonesian Ministry of Finance. The minister is tasked with organizing government affairs in the field of state finances to assist the President in administering state government. The current Minister of Finance is Sri Mulyani Indrawati, who has served in the position since 27 July 2016. The minister is supported by the a Deputy Ministers of Finance, Suahasil Nazara. List of ministers The following are a list of persons and politicians who have been appointed as the Minister of Finance in Indonesia.Legend: Notes References See also * Cabinet of Indonesia * Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco ... {{List of ministers of Indonesia ...
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Knock-down Kit
A knock-down kit (also knockdown kit, knocked-down kit, or simply knockdown or KD) is a collection of parts required to assemble a product. The parts are typically manufactured in one country or region, then exported to another country or region for final assembly. A common form of knock-down is a complete knock-down (CKD), which is a kit of entirely unassembled parts of a product. It is also a method of supplying parts to a market, particularly in shipping to foreign nations, and serves as a way of counting or pricing. CKD is a common practice in the automotive, bus, heavy truck, and rail vehicle industries, as well as electronics, furniture and other products. Businesses sell knocked-down kits to their foreign affiliates or licensees for various reasons, including the avoidance of import taxes, to receive tax preferences for providing local manufacturing jobs, or even to be considered as a bidder at all (for example, in public transport projects with "buy national" rules). A ...
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West Java
West Java ( id, Jawa Barat, su, ᮏᮝ ᮊᮥᮜᮧᮔ᮪, romanized ''Jawa Kulon'') is a province of Indonesia on the western part of the island of Java, with its provincial capital in Bandung. West Java is bordered by the province of Banten and the country's capital region of Jakarta to the west, the Java Sea to the north, the province of Central Java to the east and the Indian Ocean to the south. With Banten, this province is the native homeland of the Sundanese people, the second-largest ethnic group in Indonesia. West Java was one of the first eight provinces of Indonesia formed following the country's independence proclamation and was later legally re-established on 14 July 1950. In 1966, the city of Jakarta was split off from West Java as a 'special capital region' (), with a status equivalent to that of a province, while in 2000 the western parts of the province were in turn split away to form a separate Banten province. Even following these split-offs, West Java is ...
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Cikampek
Cikampek is a subdistrict of Karawang Regency, West Java, Indonesia and is divided into 10 administrative villages (''kelurahan''). The distance from Cikampek to Karawang city is 21 miles (34 km). Transportation Cikampek is situated in an area where many routes pass through from Jakarta to Central Java and East Java, including railway stations linking the cities of Jakarta, Bandung and Cirebon by rail, and is a main intersection of routes between the three cities. Cikampek has two railway stations: #Cikampek Station (Operations Area 1 Jakarta) #Dawuan Station (Operations Area 1 Jakarta) Public transport routes: *Bus: Cikampek - Bekasi (Bekasi Trans), Cikampek–Tasik, Cikampek–KP.Rambutan, Cikampek–Bogor, Cikampek–Pulogadung *Train: Services to the major cities of Cirebon, Semarang, Yogyakarta, Bandung, Surabaya. *Transport ELF: Cikampek–Bandung, Cikampek–Pamanukan, Cikampek–Pabuaran, Cikampek–Plered Cikampek is also the name of a toll road that links the s ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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Rebadging
In the automotive industry, rebadging is a form of market segmentation used by automobile manufacturers around the world. To allow for product differentiation without designing or engineering a new model or brand (at high cost or risk), a manufacturer creates a distinct automobile by applying a new "badge" or trademark (brand, logo, or manufacturer's name/make/marque) to an existing product line. Rebadging is also known as ''rebranding'' and ''badge engineering''; the latter is an intentionally ironic misnomer, in that little or no actual engineering takes place. The term originated with the practice of replacing an automobile's emblems to create an ostensibly new model sold by a different maker. Changes may be confined to swapping badges and emblems, or may encompass minor styling differences, as with cosmetic changes to headlights, taillights, front and rear fascias and outer body skins. More extreme examples involve differing engines and drivetrains. The objective is "to s ...
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Sarinah Building
Sarinah Building ( id, Gedung Sarinah) is a 74-metre tall 15-floor department store in Gondangdia, Menteng, Central Jakarta, Indonesia. It was the first skyscraper to be built in Jakarta. Sarinah is located at the intersection of Jalan Kyai Haji Wahid Hasyim and Jalan M. H. Thamrin. It was Jakarta's first modern department store, famous for having Indonesia's first escalators (installed by Hitachi), for being air-conditioned and for having electronic cash registers. History PT Department Store Indonesia "Sarinah" (former company name of Sarinah) first piled the foundation of Sarinah building on 23 April 1963. The building was built by Obayashi Corporation and state-owned construction company Adhi Karya, using Japanese war reparation funds. The building was handed over to Sarinah on 22 December 1965, coinciding with Mother's Day, and was inaugurated on 15 August 1966. In the 1990s, after leasing out some of its space to McDonald's (its first branch in Indonesia) and Hard ...
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Iran Khodro
Iran Khodro ( fa, ایران‌خودرو, ''Irân Xodro''), branded as IKCO, is an Iranian automaker headquartered in Tehran. IKCO was founded in 1962 as Iran National (, ''Irân Nâsionâl''). The public company manufactures vehicles, including Samand, Peugeot and Renault cars, and trucks, minibuses and buses. As of 2009, it produced 688,000 passenger cars per year. History and development Name The word ''khodro'' () means "automobile" in Persian, hence Iran Khodro means "Iran Automobile". Founding Iran Khodro was founded by Ahmad Khayami, with registered in the capital of 100,000,000 Rls, on August 29, 1962 Aliakbar Khayami, Ahmad Khayami, Mahmoud Khayami, Marzieh Khayami and Zahra Seyedy Dashty, in Ekbatan world in Tehran. Structure Iran Khodro Industrial Group (IKCO) is a public joint stock company with the objective of creation and management of factories to manufacture various types of vehicles and parts as well as selling and exporting them. Size and production ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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