Archive: 13 December 2006
17 articles found
Wed, 13 Dec 2006
SBY: Corruption is Still Haunting Us
i'll audit you and you can audit me and we'll all audit each other. Everything's gonna be fine
Wed, 13 Dec 2006
SBY: Corruption is Still Haunting Us
TEMPO Interactive, Jakarta: President Susilo Bambang Yudhoyono affirmed that corruption is still haunting Indonesia despite his evaluation that there has been improvement during the last two years. “Quite a high index of corruption perception in 2006 has signaled that corruption is still haunting...
Wed, 13 Dec 2006
Soros meets House Speaker in Jakarta
Jakarta (ANTARA News) - George Soros, a global financier and philanthropist, is currently in Jakarta and met with Indonesian House Speaker Agung Laksono at the Parliament Building here on Tuesday.Soros also held a meeting with members of the Indonesian Parliament`s Caucus for Myanmar when visiting...
Wed, 13 Dec 2006
Soros: Corruption Still Hampers Indonesia's Economics
Originally posted by: KuKuKaChu“When will Indonesia awaken? Indeed, that my friends, is the trillion dollar question...
Wed, 13 Dec 2006
Soros: Corruption Still Hampers Indonesia's Economics
TEMPO Interactive, Jakarta: Billioner George Soros said that the strong corruption practices and the weak law enforcement in Indonesia have been the main cause of low economic growth.“East and South Asia have grown rapidly, but Indonesia does not participate in it,” Soros told Tempo in a...
Wed, 13 Dec 2006
Bumi Suspected of Committing Insider Trading
TEMPO Interactive, Jakarta: The Jakarta Stock Exchange (JSX) is still tracing allegations of insider trading over shares transactions of PT Bumi Resources . The incident occurred prior to cancellation of divestment to three of its subsidiaries: PT Kaltim Prima Coal, PT Arutmin Indonesia, and PT...
Wed, 13 Dec 2006
Foreigners Invade Local Banks
TEMPO Interactive, Jakarta: Foreign banks are more eager to buy banks in Indonesia. Currently Bank Indonesia (BI) has received plans from theCommonwealth Bank (Australia) which will acquire PT Bank Artha Niaga Kentjana and the Bank of India to take over PT Bank Swadesi.
Wed, 13 Dec 2006
Indonesia's Financial Market Hits Record
TEMPO Interactive, Jakarta: The composite stock price index at the Jakarta Stock Exchange during the year has shown a remarkable achievement.From January up until closing trade last week, the index has recorded an increase of 52.69 percent from the level of 1,162.635 on 2 January to 1,775.
Wed, 13 Dec 2006
New Fixed Line Licenses to be Issued in 2007
TEMPO Interactive, Jakarta: The government will issue licenses for providing new fixed telephone lines in the first quarter of 2007.Gatot S. Dewa Broto, spokesperson of the Post and Telecommunication Directorate General at the Information and Communication Department, said the new licenses are...
Wed, 13 Dec 2006
Indonesia to serve as car production, export base: minister
Jakarta (ANTARA News) - Industry Minister Fahmi Idris said Indonesia was expected to serve as a base for the production of export-quality cars to increase the country`s car exports in an effort to offset the gloomy market at home.
Wed, 13 Dec 2006
Govt to complete telecommunication service implementation
Jakarta (ANTARA News) - The government will quickly complete an opportunity to empower telecommunication sector by reopening business opportunity in telecommunication industry following a reform in thetelecommunication sector, an official said.
Wed, 13 Dec 2006
Indonesia, Malaysia agree to cooperate on palm oil development
Padang (ANTARA News) - Some Indonesian and Malaysian palm oil businessmen were reported to have reached an agreement to overcome problems which may hamper palm oil development in the world."The objective of the cooperation is to minimize and if possible, to eliminate all kind of obstacles that may...
Wed, 13 Dec 2006
Commonwealth Bank of Australia plans to buy Bank ANK
<>Jakarta (ANTARA News) - Bank Indonesia deputy governor Siti Fajriah said the Commonwealth Bank of Australia has expressed interest in acquiring Bank Arta Niaga Kencana (Bank ANK)."Commonwealth Bank is planning to acquire 65-70 pct of Bank ANK," Fajriah told reporters on the sidelines of a...
Wed, 13 Dec 2006
Is that a bank account or a lottery ticket?
The penetration of the major financial products in Indonesia today is still very low.We know that only one in five people above the age of 14 have a bank account, any kind of transaction account. Some have more than one account, some have several, in more than one bank.
Wed, 13 Dec 2006
Pertamina launches Biopertamax
Supporting the government's program of promoting alternative energy, state oil and gas firm PT Pertamina launched its first Biopertamax product Monday."This is a continuation of Pertamina's program to promote green energy after the launching of Biodiesel in April and Biopremium in August,"...
Wed, 13 Dec 2006
RI mulls new standards to curb sales of low-quality products
Andi Haswidi, The Jakarta Post, JakartaResponding to the complaints from the electronics industry about the mushrooming of potentially hazardous, low-quality goods, the government is currently preparing the launch of a quality standard to prevent such poor quality goods being sold.