Friday, March 09, 2007

Let us cheer, not fear, the arrival of foreign banks

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Wednesday, February 28, 2007 Vincent Lingga, The Jakarta Post, Jakarta The dilution of the deposit insurance scheme to a maximum of Rp 100 million (US$10,500) per account next month will unleash stronger market forces to screen banks, as depositors will have to be more careful about choosing the financial...
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State minister dreams of cutting the number of SOEs

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Monday, February 26, 2007 Vincent Lingga, The Jakarta Post, Jakarta Judging by the government's privatization record over the past three years, the plan revealed by State Minister for State Enterprises Sugiharto last week to slash the number of state companies from almost 140 to 69 within three years...
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