Thursday, December 17th, 2009
The State Audit Board (BPK) has found at least nine alleged violations in its investigative audit on Bank Century finances, BPK member Hasan Basri said.
"With the findings of nine alleged violations, we have concluded that Bank Indonesia (BI/the central bank) did not give complete and comprehensive data to the finance ...
Posted in Bank Century | No Comments »
Thursday, December 10th, 2009
Former Vice President Jusuf Kalla has expressed optimism that the alleged corruption in the Bank Century bailout will be disclosed transparently.
"I am certain it will be disclosed transparently because that is what President Susilo Bambang Yudhoyono and Vice President Boediono also want," Kalla said here on Wednesday.
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Thursday, December 3rd, 2009
Vice President Boediono said the sooner the Bank Century case was settled , the better so that it would not create prejudices in society.
"I wish the law enforcers will not just wait. They need not wait for the result of the House inquiry . With or without the House inquiry ...
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Tuesday, December 1st, 2009
Coordinating Minister for Economy Hatta Radjasa has asked the Financial Transactions Report and Analysis Center (PPATK) to disclose transparently the flow of Bank Century funds.
After a coordination meeting to discuss the 100-day program at his office here on Tuesday, Hatta Radjasa said it was necessary for PPATK to disclose the ...
Posted in Economic News | 1 Comment »
Saturday, November 28th, 2009
Industrial growth in Indonesia has continued to decline since 2006 and no longer serves as the locomotive of national economic growth, a national development planning official said.
"Since 2006, the growth of industry has continued to decline and now happens at a rate below the overall economic growth rate. This means ...
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Tuesday, November 24th, 2009
The directorate of goods and services of the ministry of trade on Monday found 21,380 sacks of imported Chinese cement suspected not meeting Indonesian national standard.
Goods and Services Control Director Inayat Iman suspected that three regulations had been violated by the owners of the cement which entered the country through ...
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Monday, November 23rd, 2009
Aceh province`s Sabang international seaport which is now under construction is scheduled to commence operations in 2012, the port`s administrator said.
"The project is to support the economic growth of the Sabang Free Port and Trade Area," Sabang Port Administrator Teuku Saiful Ahmad said here on Friday.
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Monday, November 23rd, 2009
Agriculture Minister Suswono said that Indonesia would import cows that weighed not more than 350 kg each so that they could be raised in the country first before being slaughtered.
"So far, Indonesia has been importing cows weighing more than 350 kg. Many of the imported cows even weighed between 400 ...
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Monday, November 23rd, 2009
Visiting Indonesian Agriculture Minister Suswono said here on Friday the government would review domestic fertilizer prices in April next year.
"Fertilizer prices in the country will be reviewed in April 2010 because the amount of state budget funds to subsidize them has decreased," the minister said.
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Monday, November 23rd, 2009
ndonesian Vice President Boediono and his entourage on Thursday visited a small-scale ceramics industry at Dereto, about a one-hour`s drive from Rome.
Boediono, accompanied by his wife, Herawati, was greeted by Dereto Mayor Alfaro Verbena upon arrival.
Posted in Banking News | No Comments »
