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Archives: July, 2009

Merpati will Re-evaluating to Rent Aircrafts from China

PT Merpati Nusantara Airlines (MNA) will re-tender offer rent to replacement the aircraft MA60 type has been fabricated by Xian Aircraft which not yet delivered till now.The Secretary of Stated-own Company Minister, M. Said Didu said that this condition was bringing the negative influences for Merpati ’s performance report in the first semester (2009).Actually, MNA [...]

Investment 2009, Indicated Brighter Prospects

Although lower than figures for last year, total investment in the first semester 2009 reaches US$ 7,3 billion and it was indicated brighter prospects. The Investment Coordination Board (BKM) Chairman, Muhammad Lutfi said that the figure for inward investment was 27 percent up from that of the second semester last year, but  still 35 percent down [...]

Swap Transactions will Support our Trade Financing

To reduce the volatility of our currency (IDR), Sri Mulyani Indrawati (Finance Minister), agree to swap the currencies transaction between Indonesia and Japan amounting to US$ 15 billion (1.5 trillion yen). The swap is on top of the similar bilateral agreement worth US$ 12 billion and the Chiang Mai Initiative Multilateralization (CMIM) worth US$11.9 billion.

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