BPK finds nine violations in Bank Century finances

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 ...

Kalla optimistic Century case to be solved transparently

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.

VP : Bank Century case should be settled soon

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 ...

PPATK asked to disclose Bank Century case transparently

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 ...

Industry no longer locomotive of RI`s economic gowth

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 ...

Trade ministry finds illegally imported cement

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 ...

Sabang int`l seaport to operate in 2012

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.

RI to stop importing cows weighing over 350 Kg

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 ...