Indonesian Political, Business & Finance News

Archive: 8 May 2006

3 articles found

Activists weigh in on Oxfam graft case

Activists weigh in on Oxfam graft case Tb. Arie Rukmantara, The Jakarta Post, Jakarta To maintain the integrity of Aceh reconstruction, aid agency Oxfam International should press charges against its staff members allegedly involved in graft worth US$22,000 in its Aceh Besar office, activists said.

'Transparency reforms the key to controlling corruption'

'Transparency reforms the key to controlling corruption' Jail sentences are becoming more and more common for those judged guilty of corruption, but according Daniel Kaufmann of the World Bank, prison is not going to be enough to wipe out graft. Kaufmann, an expert on corruption monitoring and control systems, and director of Global Programs at the World Bank Institute, discussed issues of governance and corruption with The Jakarta Post's Riyadi Suparno.

Rupiah likely to stay stable even if rate cut

Rupiah likely to stay stable even if rate cut Urip Hudiono, The Jakarta Post, Jakarta The country's high-yielding capital markets and strong foreign exchange reserves should help the rupiah withstand the central bank's expected cutting of its key interest rate this week, analysts say. They note Bank Indonesia (BI) assured it would be cautious in carrying out the cuts by taking into account local and global economic developments.