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People Daily (Free subscription) | 08/10/2008
Indonesian President Susilo Bambang Yudohono said Indonesia can overcome the global market crisis which affected the country as the country has strong economic foundations, state spokesman Andi Mallarangeng said here Wednesday. President said that all the elements in the country had been hand in hand in addressing the crisis. "In the current situation, all elements including businessmen,...
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People Daily (Free subscription) | 10 hours ago
Indonesian President Susilo Bambang Yudhoyono said the present turmoil in the capital and financial markets cannot yet be considered as an economic crisis, according to Antara news agency. People should not too hastily say Indonesia was now undergoing an economic crisis, the president was quoted by Antara news agency as saying here Friday. Reiterating the 10 steps he had prescribed on...
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People Daily (Free subscription) | 21 hours ago
The Indonesian government plans to plant about 100 million trees within a month's time starting Nov. 28 as part of its program to mark the centennial of National Awakening, a cabinet minister said here Thursday. "President Susilo Bambang Yudhoyono will declare Nov. 28 as Indonesia's Planting Day. As part of the 100 years of National Awakening celebrations, about 100 million trees will...
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People Daily (Free subscription) | yesterday
Indonesia's stock exchange or BEJ extended stock trading halt on Thursday, after President Susilo Bambang Yudhoyono ordered to take the step on Wednesday night and asked the state-owned firms to buy back their shares as many as possible and keep their U.S. dollars in the country, State-owned enterprises minister Sofyan Djalil said. The decision was made after the president held a sudden...
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The Earth Times Online Newspaper (Free subscription) | 12 hours ago
... banks and making it easier for listed firms to buy back to bolster financial markets. President Susilo Bambang Yudhoyono early this week expressed confidence that Indonesia, which suffered a devastating financial meltdown in the 1997-1998 Asian financial crisis, could overcome the global market crisis because the country has strong economic foundations. On Friday, Yudhonoyo asked...
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The Earth Times Online Newspaper (Free subscription) | 16 hours ago
... banks and making it easier for listed firms to buy back to bolster financial markets. President Susilo Bambang Yudhoyono early this week expressed confidence that Indonesia, which suffered a devastating financial meltdown in the 1997-1998 Asian financial crisis, could overcome the global market crisis because the country has strong economic foundations.
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People Daily (Free subscription) | 07/10/2008
Indonesian president Susilo Bambang Yudhoyono issued ten guidelines on concerns over financial crisis in the United States, the Indonesian Business reported Tuesday. The ten guidelines include maintaining six percent of economic growth, optimizing the 2009 state budget, mobilizing real sectors, developing trade with potential Asian countries such as China, and holding partnership with...
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The Earth Times Online Newspaper (Free subscription) | yesterday
... was closed to prevent a further drop in share prices and to calm investors. Djalil said President Susilo Bambang Yudhoyono, meanwhile, has ordered a number of state enterprises to buy back their shares to help restore confidence in the Indonesian Stock Exchange. Djalil also ordered 14 state enterprises to exchange their saved dollars for rupiah to help support the local currency....
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The Earth Times Online Newspaper (Free subscription) | yesterday
... was closed to prevent a further drop in share prices and to calm investors. Djalil said President Susilo Bambang Yudhoyono, meanwhile, has ordered a number of state enterprises to buy back their shares to help restore confidence in the Indonesian Stock Exchange. Djalil also ordered 14 state enterprises to exchange their saved dollars for rupiah to help support the local currency....
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People Daily (Free subscription) | 07/10/2008
Indonesian President Susilo Bambang Yudhoyono Monday urged domestic and foreign business players to further develop the domestic market amid the U.S.-led growing crisis, which he said would have a significant impact on the global demand for Indonesian products. "Let us exploit our domestic economy. We must expand our domestic market," The Jakarta Post quoted him as saying on its website....
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People Daily (Free subscription) | 06/10/2008
Indonesian President Susilo Bambang Yudhoyono will convene a meeting Monday on the global economic crisis issue, drawing together economic ministers, business players, bankers and economists, the website of The Jakarta Post reported. Sri Mulyani Indrawati, acting Coordinating Minister for the Economy, said that the meeting was aimed at preparing Indonesia for the prolonged crisis. "The...
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Radio Netherlands English (Free subscription) | 08/10/2008
... high losses.Jakarta: unacceptably high lossesOn Tuesday afternoon, a spokesperson for President Susilo Bambang Yudhoyono said "The Indonesian economy is in good shape despite the worldwide financial upheaval".The president shares his optimism. On Tuesday, he announced a ten-point plan intended to fight the financial crisis. However, the president's plan does not include any concrete...
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The Earth Times Online Newspaper (Free subscription) | 08/10/2008
... corruption index, the Berlin-based Transparency International said in September. Since President Susilo Bambang Yudhoyono's anti-corruption campaign started, officials ranging from governors and former ministers have been jailed on graft charges. But some critics also argued that the anti-graft campaign has failed to take on powerful vested interests.
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The Earth Times Online Newspaper (Free subscription) | 07/10/2008
... global credit crisis. On Tuesday, the Indonesian composite index was down 1.76 per cent. President Susilo Bambang Yudhoyono on Monday held a special meeting to discuss the impact of the global crisis and said Indonesia would not see a repeat of the financial crisis of 1997. He noted all the fundamentals looked solid and said there was clear potential for domestic market expansion....
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The Earth Times Online Newspaper (Free subscription) | 07/10/2008
... global credit crisis. On Tuesday, the Indonesian composite index was down 1.76 per cent. President Susilo Bambang Yudhoyono on Monday held a special meeting to discuss the impact of the global crisis and said Indonesia would not see a repeat of the financial crisis of 1997. He noted all the fundamentals looked solid and said there was clear potential for domestic market expansion....
