12/7/08

my news

National:  Government revises minister wage decree to meet workforce concerns

Politics: Vice President tells poll monitor body to prevent conflict

Terrorism: Government condemns Mumbai attacks Security; President orders ministers to maximize security over concerns related to global crisis

Law & order: High Court rejects appeal of prosecutor’s graft convictions

Health: Papua in grip of serious HIV/AIDS crisis, international aid on way

Economy: Range of new steps introduced to deal with effects of global crisis; Rupiah shows signs of stabilizing; Business briefs

Macro economy: Government lowers growth forecast to 5-5.5%


Investment: Actual foreign direct investment rose 53% to $13.95 billion in first 10 months

Reform; Government to set up institution to manage funds to support infrastructure financing

State concerns: Government looks for ways to minimize job losses, including tax incentives;  Tourism numbers could jump by up to 6.2% in 2009

SOEs: Toll road operator PT Jasa Marga seeks $150 million to fund new projects

Private sector: Bakrie Group finalizes rescue plans, settles debt problems; Qatar Telecom increases offer to shareholders

Banks: Tax incentives to be offered to help acquisitions of smaller banks

Power: Electricity Generating Authority of Thailand may acquire stakes in power plants
Oil & gas; Gas distributor sees gas sales volume increasing

Mining: PT United Tractors to spend $45 million on two Central Kalimantan coal mines

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