Fiscal distress following economic crisis: The economic crisis
Fiscal distress following economic crisis: The economic crisis
has caused fiscal distress in Indonesia as the inflexible and
inefficient tax system cannot generate sufficient government
revenues to meet rising expenditures. Page 4
Virtual cards still no rival to snail mails: There are several
old customs that are never missed when one speaks of traditions
to mark the Idul Fitri, Christmas and New Year holidays. One of
the must-dos is sending greeting cards to family, friends and
acquaintances. Page 6
Minister's chopper makes emergency landing: The helicopter
carrying Minister of Social Affairs Bachtiar Chamsyah and his
entourage developed mechanical trouble and was forced to make an
emergency landing in Soe, about 100 kilometers from Kupang in
western Timor on Wednesday. Page 7
Bin Laden men get "yield or die" message: The United States
bombed Osama bin Laden's fighters on Wednesday, pounding home a
simple surrender or die message, but fretted that its most wanted
man had gone. Page 10
Balinese pay their last respects to a noble: Thousands of people
flocked to Puri Agung Mengwi Palace, 20 kilometers north of
Denpasar, with just one thing on their minds, witnessing one of
the biggest cremations in Bali. Page 15
IBRA won't investigate buyers of ex-Salim assets: The Indonesian
Bank Restructuring Agency (IBRA) will not actively conduct an
investigation into the buyers of former Salim Group assets,
despite concern that they may be repurchased by the former owner,
according to a senior executive at the agency. Page 20