Coordinating Minister for the Economy Dorodjatun Kuntjoro-

Coordinating Minister for the Economy Dorodjatun Kuntjoro-
Jakti encouraged on Monday more Malaysian businesspeople to
invest in Indonesia, saying the Indonesian government was
continuing to create a conducive climate for business.

He called on the neighboring country's businesspeople not to
worry about investing in the country as the economy was improving
following reform and democratization.

2. Duit
2 x 24

Asian monies up, dominated
by yuan, Hong Kong dollar

Asian Currencies Up Late, Dominated By Yuan, HKD

Asian currencies rose further, with some setting new highs in
spot trading Tuesday, while the Hong Kong dollar and China yuan
soared in the offshore forward markets, as participants continued
to react to the weekend call by the Group of Seven industrialized
nations for more flexible exchange rates.

Few central banks ventured out, probably deciding it would be
a futile exercise to try and reverse the strong optimism
surrounding Asian currencies.

3. 2 x 30
FIATA to hold world congress in Bali

FIATA to hold world
congress in Bali

The International Federation of Freight Forwarders Association
(FIATA) will hold its World Congress from Sept. 29 to Oct. 3 in
Bali.

The congress titled "Role of the Forwarders in Logistics and
Supply Chain" was expected to draw up to 1,000 participants from
across the world, the Indonesian Forwarders Association (INFA),
the organizer, said on Tuesday.

4. 2 x 20

Dubai road show runs well, says Boediono

Dubai road show runs
well, says Boediono

The government claims that its road show in Dubai last week --
aimed at testing investor interest on a planned international
bond issue next year -- has been a success, with the government
presentation having drawn the interest of some 30 global
investors.

Minister of Finance Boediono told reporters on Tuesday that
the investors included fund managers, investment bankers and
people from other financial institutions -- with "all showing
high-level enthusiasm for the plan."