Archive: 8 February 2008
6 articles found
Fri, 08 Feb 2008
BI maintains rate amid inflation risks
As a response to the surge in inflation due to increasing food and oil prices, the central bank decided Wednesday to maintain the interest rates at 8 percent.Bank Indonesia governor Burhanuddin Abdullah said the central bank saw the economy facing various risks and challenges particularly in...
Fri, 08 Feb 2008
Govt to pursue privatization despite global economic worries
The Jakarta Post, JakartaThe government plans to privatize 44 state companies this year, including 10 companies initially planned to be privatized last year, says a minister.The 34 new companies include train manufacturer PT INKA through a strategic sale of 49 percent of its shares, steel producer...
Fri, 08 Feb 2008
Government to limit sales of subsidized fuels in May
Ika Krismantari, The Jakarta Post, Pekanbaru, RiauThe government will proceed with its plan to limit the sales of subsidized fuels, with some part of the savings to go to subsidizing food staples, an official said Thursday.
Fri, 08 Feb 2008
Responsible corruptors
Many government critics, non-governmental organizations and the media perhaps do not realize, or pretend not to realize, that President Susilo Bambang Yudhoyono's anti-corruption offensive has sparked fear among many corruptors.
Fri, 08 Feb 2008
Industrial Court ineffective solving business cases, Apindo says
JAKARTA (JP): Indonesian Employers Association (Apindo) said Wednesday the industrial relations court was ineffective in settling business-related disputes because of a lack of technical guidance.Apindo chairman Sofjan Wanandi said the ineffectiveness started when many essential points regulated in...