Do New Ministers Deserve to Have Raise on Salary?

Monday, October 26th, 2009

Chief Economic Minister Hatta Radjasa said the government was considering raising the salaries of the newly appointed ministers. "Their salaries are arranged in a government regulation. I did not say there salaries need to be raised, but it is being considered," the minister said after ...

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Indonesia Supports the Improvement of Banking Regulations

Thursday, September 10th, 2009

Indonesia is supporting efforts to improve regulations related to financial institutions. This is part of the agreement made by finance ministers and central bank governors of G-20 countries in London, last week. The meeting requires banks to increase the amount and quality of their capital reserves, including their assets.

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