Indonesian Political, Business & Finance News

Archive: 14 September 2001

Showing 51-59 of 59 articles

Regencies demand role in oil executive body

Regencies demand role in oil executive body JAKARTA (JP): Leaders of several oil rich regencies demanded on Thursday that their representatives be included in the highest oil and gas body that will be formed by the government under the new oil and gas law. Indramayu regent Irianto MS Syafiuddin and East Lampung regent Irfan Djafar said the inclusion of representatives of oil-rich regencies was necessary to secure the regencies' interests. "We have the oil reserves.

No IMF intervention in BCA sale approval: DPR

No IMF intervention in BCA sale approval: DPR JAKARTA (JP): Lawmakers denied on Thursday that the International Monetary Fund (IMF) stepped in to persuade the House to approve the government plan to sell a 51 percent stake in Bank Central Asia (BCA) to foreign strategic investors.

All publishers allowed to produce, sell prescribed textbooks

All publishers allowed to produce, sell prescribed textbooks JAKARTA (JP): The government threw its weight behind publishers' calls to be allowed to publish prescribed school textbooks on Thursday, saying it would be helpful to the government's efforts to provide textbooks for schools throughout the country. "The government has limited resources for the procurement of prescribed school textbooks.

Rupiah Rates Sept.13

Rupiah Rates Sept.13 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

1. Insure (3 x 15)

1. Insure (3 x 15) Insurance claims from U.S. attacks may reach US$25b 2. G7 (3 x 14) G-7 vows to keep attacks from troubling economy JP/10/G7 3. ADB (2 x 20) Asia on target for 2015 development goals: ADB 4. Belum (2 x 22) Japan outlook darkens on weak trade figures 5. WB (1 x 28) WB blames poverty on corruption 6. NZ (2 x 18) NZ government bails out troubled airline 6. Siemens (2 x 24) Siemens C45 launched for mid-low users in Asia, U.S.

KPMG affiliate settles SEC bribe charges

KPMG affiliate settles SEC bribe charges WASHINGTON (Reuters): Baker Hughes Inc. and an Indonesian affiliate of U.S. accounting giant KPMG have settled charges of bribing a local government official to reduce the oil services firm's tax liability in the Asian country, U.S. regulators said on Wednesday. "In March 1999, the chief financial officer of Baker Hughes Inc. ...

Asia on target for 2015 development goals: ADB

Asia on target for 2015 development goals: ADB MANILA (Reuters): Asia's strong underlying growth rates, easing poverty levels and slower population growth over the past decade augur well for meeting development goals set for 2015, the Asian Development Bank said in a report on Thursday. The goals include halving the incidence of extreme poverty, reducing infant and child mortality by two thirds, and attaining 100 percent primary school enrollment.

Sigma Alliance to cooperate with Silk Air

Sigma Alliance to cooperate with Silk Air JAKARTA (JP): A newly formed alliance of domestic airlines -- Sigma Alliance -- said that it was looking into the possibility of cooperating with Silk Air, a subsidiary of Singapore Airlines, to complement its network in the country and abroad. Mandala Airlines president Gunawan Koswara said on Thursday that there was no need for the alliance to physically expand abroad, rather it would "synergize" with foreign airlines to provide services.

Pertamina, PGN plan gas pipeline

Pertamina, PGN plan gas pipeline JAKARTA (JP): State-owned oil and gas company Pertamina and state gas distribution company PT Perusahaan Gas Negara (PGN) signed a preliminary agreement on Thursday for the supply of gas from South Sumatra to the industrial area of West Java.