accused of tax arrears to Garuda Indonesia confused. Spokesman PT Garuda Indonesia (Persero) Pujobroto denied that his company has arrears unpaid taxes to the government. “Garuda has no tax arrears. We’ve made clarifications to the Office of the Ministry of SOEs on the subject and Garuda are not delinquent taxes,” said Pujobroto, Friday (29/1/2010). He [...]

Instead of eliminating the debt, the government of SBY-Boediono exactly add new debt. Ironically, it was done in a 100 day program. Naturally, if the International NGO Forum on Indonesian Development (INFID) assess the Cabinet Indonsia addicted Unity II debt, both bilaterally and multilaterally. Advocacy Coordinator so said Wahyu Susilo INFID in discussions “SBY 100-Day [...]

Minister of Industry Mohamad S Hidayat, Indonesian textile products admitted difficult to compete with China’s products cheap. Therefore, the necessary steps to break the ongoing national textile industry can produce efficiently in order to increase competitiveness. “We are hard to rival products (textiles) China, especially in terms of relatively low prices,” he said at the [...]

Composite Stock Price Index (JCI) opened lower back. Monday (1/2/2010), JCI opened at 2587.75 levels weakened 0.88 percent. Attenuation supported several blue chip stocks such as PT Astra International Tbk (ASII) which fell 4.96 percent to Rp 35,000 per share. There was also the shares of PT Bank Central Asia Tbk (BBCA), which fell 2.36 [...]

- Until the end of December 2009, the bank had to channel financing of Rp 14.8 trillion to the food sector. This figure grew 11 percent compared with 2008. Director of Corporate Banking Bank Mandiri Riswinandi Friday (29 / 1) in Jakarta said the soil and climate conditions in Indonesia strongly supports the development of [...]