INSTRUKSI EKSPLISIT DAN IMPLISIT DALAM LETTER OF CREDIT

As one of payment methods in international trade of goods, letter of credit is used more and more by exporters and importers all over the world. Letter of credit is commonly written as a text in English, which needs interpretation. The interpretation on L/C text also needs another text, i,e Uniform of Customs and Practice for Documentary Credit (UCP-DC) - an international publication by International Chamber of Commerce.  The failure in interpreting an L/C may cause financial loss for an exporter, an importer or paying bank, because the L/C contains instructions directly or indirectly for parties involved in the operative L/C. This article is written with 2 (two) aims. Firstly, it is aimed at interpreting both the implied and explicit instructions in letter of credit, and secondly at giving inspiration to English teachers to learn subjects other than English study. The first aim is unquestionable because the correct interpretation may lead to a success in flow of goods, documents of the goods, and payment. The second aim is crucial in relation to giving broader horizon to English teachers or lecturers, because English teachers are required to improve their knowledge when teaching commercial correspondence for international trade of goods (export-import of commodities). English teachers teaching  commercial correspondence for international trade cannot only depend on their English knowledge, but also on their knowledge on international trade includin

THE STRATEGY IMPLEMENTED BY PT BANK RAKYAT INDONESIA (PERSERO) PATTIMURA SEMARANG BRANCH TO ANTICIPATE FRAUD RELATED TO LETTER OF CREDIT (L/C)

This article is a study of the Strategy Implemented by PT Bank Rakyat Indonesia (Persero) Pattimura Semarang Branch to Anticipate Fraud Related to Letter of Credit. The data used in this article are obtained through an interview with letter of Credit (L/C) department staff of PT Bank Rakyat Indonesia (Persero) Pattimura Semarang Branch. The interviews were held 6 (six) times and each interview took two hours. As a paying or negotiating bank commonly honors drafts or makes payment to beneficiary (exporter) based only on documents, the bank may bear risks of financial loss. The potential financial loss by a bank is due to the custom and practice of documentary credit among the parties involved in an L/C transaction, which are based on documents, not on goods. A bank commonly honors draft presented by a beneficiary since the required documents presented to the bank are in compliance with terms and conditions stipulated in the L/C to prevent potential financial loss, the bank applies a certain strategy of carefulness

STUDY ON THE STRATEGIES OF SEMARANG CONTAINER TERMINAL IN FACING ASEAN ECONOMIC COMMUNITY 2015

At the 12th ASEAN Summit, the leader of ASEAN members agree to accelerate the establishmentof ASEAN Community in 2015 and transform ASEAN region with free flow of goods; free flow ofservices; free flow of investment; free flow of skilled labor; and free flow of capital. The role ofport of port is crucial in economy development, the presence of capability port plays major rolein supporting people and goods mobility especially the presence of AEC whose element is freeflow of goods in ASEAN countries. To face AEC, people of Indonesia generally and Central Javaespecially need some strategies that they might not be a spectator in their own country.This undergraduate thesis uses qualitative method to describe the strategies of SemarangContainer Terminal in facing AEC and analyzed it by SWOT Analysis, SWOT diagram, and SWOT matrix. The result of IFAS is 3.6 and EFAS is 3.48, so that the position of Semarang Container Terminal is in quadrant 1, supporting aggressive strategy. The aggressive strategiesare maximizing the use of the existing facilities to increase company’s performance, reprogramRoad Show, and do socialization to stakeholder in cooperation with Central Java andYogyakarta government (SO Strategy in SWOT matrix).Key words: strategy, Semarang Container Terminal, ASEAN Economic Community, strength,opportunity

The influence of Exchange Rate and Freight Cost Toward Export Volume of Adidas at PT Apparel One Indonesia 1 Semarang

Exports volume of Adidas from time to time is not stable because the amount always fluctuates and shows the decrease every year. This study aims to determine the effect of the exchange rate and freight cost partially and simultaneously on the export volume of Adidas at PT Apparel One Indonesia 1 and to find out how much all independent variables contribute to the dependent variable. The independent variables used in this study are the exchange rate and freight cost, while the dependent variable is the export volume of Adidas. This research uses an explanatory research type with a quantitative approach. The data used in this study is secondary data from literature reviews and observations, and comes from PT Apparel One Indonesia 1 with a time series from January 2014 to December 2019 and Bank Indonesia from January 2014 to December 2019. The output of this study shows that both variables affect export volume simultaneously. Meanwhile, partially, the exchange rate variable has a negative and significant effect on the export volume of Adidas. The freight cost variable has a negative and significant effect on the export volume of Adida

The influence of Service Quality, Promotion, and Brand Image on Decision Making of Gojek Service Users to Students in Tembalang

This study aims to determine the effect of Service Quality, Promotion, and Brand Image on Decision Making of Gojek Service Users (A Case Study of Students Using Gojek Services in Tembalang Semarang). The data collection method is done by literature review and using a questionnaire. The questionnaire used is the Agree-Disagree Scale with a scale of 10. The sampling method using a purposive sampling method of 150 samples. Data processing is conducted using SPSS 24. Based on the calculations that have been done, the results of the t test show that each variable accepts Ha1, Ha2, dan Ha3, so that the variables of Service Quality (X1), Promotion (X2), and Brand Image (X3) have a significant effect on the use decision variable (Y). The F test shows that Ho4 is rejected and Ha4 is accepted, which means that the variables of Service Quality (X1), Promotion (X2), and Brand Image (X3) simultaneously influence the Use Decision variable (Y). Then the results of the determination coefficient test show a value of 0.605, which means that 60.5% of the Use Decision variable (Y) can be explained by the variables of Service Quality (X1), Promotion (X2), and Brand Image (X3) and the remaining 39.5% is influenced by factors others who were not included in this stud

Influence of Export Price, Domestic Sales and Dollar Exchange Value on the Export Volume of Terpentine in Central Java's Non-Wood Forest Products Industry

This research aims to identify the influence of export price, domestic sales and Dollar’s exchange rate on Turpentine’s export volume in KBM Industri Hasil Hutan Bukan Kayu Jawa Tengah during 2018-2021. This research was using secondary data during 2018-2021 which obtained by collecting data from KBM Industri Hasil Hutan Bukan Kayu Jawa Tengah and Bank Indonesia. The data was tested with multiplier linear regression analysis technique. F test results indicates that export price, domestic sales and Dollar’s exchange rate simultaneously have a positive and significant influence on Turpentine’s export volume. T test results indicates that export price positively and significantly influence Turpentine’s export volume. Instead, domestic sales and Dollar’s exchange rate have a negative and insignificant influence on Turpentin’s export volum

THE EFFECT OF TOTAL QUALITY MANAGEMENT IMPLEMENTATION AND WORK MOTIVATION ON EMPLOYEE PERFORMANCE (A Case Study At Spinning 1 Production Department PT. ApacInti Corpora)

Global competition prompts businesses to improve the quality of their employee as the first value asset of an organization which can lead to achieve sustainability of business. This research examines the effect of total quality management implementation and work motivation on employee performance at Spinning 1 Production Department PT. ApacInti Corpora, Bawen, Semarang. Questionnaire is used as an instrument of primary data collection, which was distributed to 90 respondents. The method of this study is multiple regression analysis. The calculation result of the method shows that total quality management implementation and work motivation has positive and significant effect on employee performance and gave contribution to employee performance of 43% while 57% are influenced by other variables which are not described in this study

The influence of Container Availability on Company Performance and Exchange Rate as Moderator Variable at PT. Samudera Agencies Indonesia Semarang Branch

PT. Samudera Agencies Indonesia Semarang Branch’s company performance which can be explained by export volume, fluctuates every month from 2017-2020. Factors that could be the cause of these fluctuations are the container availability and exchange rates. The research aims to analyze the influence of Container Availability on export volume, and the influence of Container Availability on export volume with Exchange Rate as a moderator variable at PT. Samudera Agencies Indonesia Semarang Branch’s and to find out the contributions of all independent variables and moderator variable to dependent variable. This research is an explanatory research with quantitive approach. Simple Linear Regression Analysis and Moderator Regression Analysis method is used in this study equipped with the Descriptive Statistics Test, Classic Assumption Test, Coefficient of Determination, and T-Test. Data used in this study are secondary data which are obtained by collecting the data from Samudera Agencies Indonesia Semarang Branch and Bank of Indonesia from January 2017-February 2020. The output from this research shows that the independent variable has a significant effect on the company performance of Samudera Agencies Indonesia Semarang Branch, and exchange rate can moderate the influence between container availability and company performance. Suggestion that can be taken are paying attention to the number of container availability so they can meet exporters’ demand and export volume of the company will meet higher number at maximum, and an effective strategy to allow them to benefit from advantageous rates, as well as deal with the downside risk. Further study is needed to investigate the other factors that influence export volume/company performanc