Indonesian Political, Business & Finance News

Archive: 4 May 2006

3 articles found

Use of rupiah to be mandatory under new law

Use of rupiah to be mandatory under new law The Jakarta Post, Jakarta The government is drafting a new legal tender bill that will require individuals and businesses to use rupiah when conducting transactions within the country. The director general for law and legislation at the Human Rights and Justice Ministry, A.A.

Additional regulations needed for cellular phone businesses

Additional regulations needed for cellular phone businesses The Jakarta Post, Jakarta Indonesia's cellular telecommunication business needs additional rules to assure healthy competition, a committee member of the Indonesian Telecommunications Regulatory Body (BRTI) has said. Bambang P. Adiwiyoto said in a workshop in Jakarta Tuesday that the cellular telecommunication business is regulated by Law No.

Shell: Pertamina acting unfairly if dumping fuel

May 04 10:21 Shell: Pertamina acting unfairly if dumping fuel Jakarta (ANTARA News) - The Indonesian unit of Royal Dutch Shell Group said it does not oppose PT Pertamina's decision to sell non-subsidized fuels at lower prices near its stations, so long as it does not constitute dumping. "If the cheaper prices are due to dumping, it's unfair," Shell Indonesia vice president for external affairs and business development, Wally Saleh, told reporters.