Indonesian Political, Business & Finance News

Archive: 8 February 2008

6 articles found

Responsible corruptors

Hang corruptors!!

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...

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...

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.

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.

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...