Distribution of KUR in Papua Rp. 703,630 Billion

By : Herry Barus And Aldo Bella Putra | Monday, August 13 2018 - 14:33 IWST

OJK
OJK

INDUSTRY.co.id - Jayapura - The Financial Services Authority (OJK) of the Provinces of Papua and West Papua reveals that until the first semester of 2018 the distribution of People's Business Loans (KUR) in Papua reached Rp. 703.630 billion or 59 percent of the annual target.

"The target of KUR distribution this year for Papua is Rp1.186 trillion and seeing from the achievements in semester I, I am sure the target can be achieved," said the Head of OJK Papua-West Papua, Misran Pasaribu, in Jayapura, Monday (08/13/2018 )

He said that the distribution of KUR in Papua was still dominated by the trade sector, and the percentage was more than 50 percent of the total realization.

Regarding the type, most of the KUR in Papua was channeled to KUR Kecil amounting to Rp. 386,967 billion, while Micro KUR was Rp. 3,16,663 billion.

Unlike Papua, which he considered to be a KUR distribution went well.

For West Papua the realization is relatively slow because until Semester I 2018 it has only reached 32 percent of the annual target.

"Until Semester I 2018, the distribution of KUR in West Papua reaches Rp.263.207 billion, while the target is Rp827,270 billion," he said.

Most of the KUR distribution in West Papua is absorbed into the micro sector, which is Rp136,799 billion, while for small KUR is Rp126,408 billion.

Misran hopes that in the future KUR socialization can be intensified, not only by banks, but also by the regional government because it is hoped that KUR can become an economic driver from the lowest level. (Ant)

News Comment

Today's Industry

Luke Tucker, Senior Director of Community at HackerOne (Photo by Linkedin)

Rabu, 05 Agustus 2020 - 22:00 WIB

Security Engineers by Day, Hackers by Night – An Interview with Two of Singapore’s Top Ethical Hackers

Over the years, the perception of the term “hacker” has changed. Once seen as only criminals, there are now over 800,000 registered security professionals on HackerOne, the world’s trusted…

Patrick Carey, Director of Product Marketing, Synopsys (Photo by Linkedin)

Rabu, 05 Agustus 2020 - 21:45 WIB

Developers are Not Security Experts, but They can be with The Right Tools

Software has revolutionised the way in which we work, live and play. This is particularly true in the realm of software security, as development teams are releasing code faster than ever before.

Darrell Adams, Head of Southeast Asia & Oceania, Universal Robots (Photo by LinkedIn)

Rabu, 05 Agustus 2020 - 21:25 WIB

5 Reasons Why You Need Collaborative Automation For Today's World

The benefits of collaborative automation are undisputed – more profitability, productivity, flexibility, higher quality and even more employee satisfaction.

Friedhelm Best - Vice President Asia Pacific, HIMA (Photo by HIMA)

Rabu, 05 Agustus 2020 - 21:10 WIB

3 Essential Considerations When Modernizing the Safety System of Industrial Facilities

As countries in Asia start to ease restrictions and more businesses return to operation in the midst of the COVID-19 pandemic, industrial plant operators are strategising a return to normality…

Gil Yankovitch, Firmware Technology Lead and Ram Yonish, Firmware Security Evangelist (former co-founders of Cymplify Security, acquired by Check Point) (Photo by LinkedIn)

Rabu, 05 Agustus 2020 - 21:00 WIB

While IoT security standards lag, IoT security companies innovate – Overview of trends in IoT cyber security

While IoT and OT devices proliferate, IoT security standards and regulations are few and far between. Unsurprisingly, this puts individuals, enterprises and states at major risk.