Indonesian Political, Business & Finance News

Swift asset sale critical for recovery

Swift asset sale critical for recovery

By Vincent Lingga

JAKARTA (JP): Minister for State Enterprises Laksamana Sukardi should embark immediately on a nation-wide public relations campaign to convince political leaders that disposing of the multi billion dollars of distressed assets currently controlled by the government is one of the most effective ways of speeding up the economic recovery.

2. 4Taiwan -- The wild card in Taiwan's political scene

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New Taiwanese party seeks closer ties with China

By Goh Sui Noi

TAIPEI: Pro-independence political observers are setting great store by the newly-formed Taiwan Solidarity Union (TSU) to change the political landscape of Taiwan in favor of the ruling party, and of pro-indigenisation Taiwanese.

The TSU, which is backed by former Taiwan president and former Kuomintang (KMT) chairman Lee Teng-hui, espouses Lee's political position on the indigenisation of Taiwanese society. The new party also upholds his opposition to closer economic interaction with China.

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