
U104-B 3-phase Connection
This type of meter is used to fuel dispensers for measurement of pressurized oil.
Materials:
Body: Aluminum (Spray-Painted)
Package:
Net Weight:
1.7kg/case of 1
Gross Weight: 1.9kg/case of 1
Dimension: 36x15x15cm/case of 1
we are committed to create the best workplace, encourage our staffs to put their own personalities into their jobs, and provide them a stage to show themselves.
ernment is promising to produce, in the next few months, a
medium-term plan. However, although its intentions are generally good, it has yet to show it can meet
its own deadlines.
This is a pity because now might be “as good a time as any�to sell, reckons Ambreesh Srivastava of
Fitch, a credit-rating agency. Despite occasional wobbles, the rupiah and the Jakarta stockmarket have
risen sharply this year. Interest rates are falling. This is expected to enable Indonesia s banks to rebuild
their profit margins.
Under previous governments, state banks were notoriously generous to political cronies and thus ended
up with huge amounts of dud loans. There is much less of this under Indonesia s reform-minded but
cautious President Susilo Bambang Yudhoyono. However, the banks are still stuck with a legacy of non-
performing assets. At Mandiri, the largest (which is 69% state owned), a quarter of loans are non-
performing. Even net of provisions, the ratio remains a worrying 14%.
Despite many closures since 1997, Indonesia still has 131
banks, which the central bank thinks is too many. It is
especially keen on consolidating the larger ones. One idea is to
foster two or three “international-scale�banks, each with
capital of over 50 trillion rupiah, and a second tier of three to
five “national�banks, each with capital of over 10 trillion
rupiah. So far, Indonesia s big four banks are only middling
regional fuel dispenser contenders (see chart).
To encourage mergers, the central bank is phasing in more
rigorous capital requirements by 2010. It will also ban anyone
from owning a controlling stake (of over 25%) in more than
one bank. This “single-presence rule�is mainly designed to
force consolidation among banks in which foreign investors
have bought stakes. The rule was supposed to come into force
in 2008 but, earlier this month, the central bank gave in to
pressure from bank shareholders and fuel dispenser agreed to give them until
2010.
It appears that the government will itself be subject to the fuel dispenser