Indonesian Political, Business & Finance News

Archive: 1 July 1999

Showing 51-52 of 52 articles

Give democracy a chance

Give democracy a chance The ongoing political horse trading by some politicians presumes the presidential election in November will reach a deadlock. According to their scenario, none of the two front-runners -- Megawati Soekarnoputri of the Indonesian Democratic Party of Struggle (PDI Perjuangan) or the incumbent B.J. Habibie of Golkar -- will muster the 51 percent needed at the People's Consultative Assembly (MPR) to clinch the vote.

Counterfeit money

Counterfeit money From Bisnis Indonesia The frequent media reports on the circulation of counterfeit money have reminded me of my own experience and that of some friends. As bank customers we were treated in a similar way by our banks. Our complaint was rejected and the banknotes could not be exchanged. The reason given was the complaint was not made when we received the money. Indeed we can understand the reasons given by the banks.