Menurut dia, dalam catatan BI sekitar 32 bank telah membiayai industri tersebut dengan jumlah kredit Rp1,6 triliun, suatu jumlah yang dapat dikatakan cukup banyak, namun masih dapat terus ditingkatkan apabila melihat potensi pembiayaannya.


Banks have begun to understand and to provide relatively big credits after these industries' experience was exposed to them, he said.


Setelah diberikan gambaran pengalaman dengan industri lainnya dapat memberikan cukup gambaran, dan bank mulai paham sehingga memberikan kredit yang cukup besar, harap Muliaman.


He said the sugarcane-based industires non-performing loan ratio was also small, namely only 0.33 percent in the plantation sector and 2.11 percent in sugarcane industries and its down-stream actvities.


Selain itu, lanjutnya, kredit bermasalah pun relatif kecil yakni 0,33 persen untuk perkebunan dan 2,11 persen untuk industri berbasis tebu dan turunannya.


The industries also needed support in the form of clear policies with regard to environmental impact analyses in accordance with their condition without sacrificing the environment.


Muliaman juga mengungkapkan bahwa industri ini memerlukan dukungan penuh melalui kebijakan seperti kejelasan regulasi Amdal yang sesuai dengan kondisi industri tanpa mengorbankan aspek lingkungan, tegasnya.


The prospect of the financing in this sector was categorically bright as these industries needed some Rp8.3 trillion in the 2005-2010 period throughout the country.


Peluang pembiayaan di sektor ini terbilang cerah karena industri ini memerlukan investasi Rp8,3 triliun selama tahun 2005-2010 baik untuk on-farm maupun off-farm di seluruh Indonesia.


But the BI official also said the problem faced by these industries did not only have to do with financing but also with technical aspects.


Namun dia mengingatkan bahwa untuk mengembangkan industri ini tidak hanya masalah pembiayaan saja, melainkan adanya persoalan teknis lainnya.


The problems are not only related to financing but also to techincal aspects which we and other relevant agencies have to think of, this of course will need coordination, he said.


Persoalannya tidak pada pembiayaan saja, dan kita harus memikirkan aspek-aspek teknis yang juga menjadi tugas dari instansi lain , oleh karena itu perlu ada koordinasi, jelasnya.


The value of the rupiah against the US dollar on the Jakarta Inter Bank Spot Market on Tuesday afternoon dropped to approach the level of 9,100 per US$ as market agents actively bought the US greenback.


Nilai tukar rupiah terhadap dolar AS di Pasar Spot Antar Bank Jakarta, Selasa mendekati level Rp9.100 per dolar AS karena pelaku pasar aktif membeli dolar AS, sehingga mata uang lokal itu merosot tajam.


Trading in the Indonesian unit was closed at Rp9,063/9,070 against the US dollar compared to Rp9,023/9,045 on the previous day or weaker by 40 points.


Rupiah sore ditutup menjadi Rp9.063/9.070 per dolar AS dibanding penutupan hari sebelumnya Rp9.023/9.045 atau melemah 40 poin.


Retail Banking Director of PT Bank Mega Tbk publicly listed Kostaman Thayib said the rupiah was under greater pressure on the market as state companies actively bought US dollars to pay debts that had matured.


Direktur Retail Banking PT Bank Mega Tbk, Kostaman Thayib di Jakarta, mengatakan, tekanan pasar terhadap rupiah makin besar, karena perusahaan BUMN aktif membeli dolar AS untuk membayar hutangnya yang sudah jatuh tempo.


Therefore, market pressure was stronger causing the rupiah to drop although there was an external rumor that the Japanese yen was strengthening against the US dollar.


Karena itu tekanan pasar makin gencar mengakibatkan rupiah terpuruk, meski ada isu eksternal bahwa yen menguat terhadap dolar AS, ucapnya.


He said the yen had strengthened after the Japanese finance minister reminded the market of the recent drop in the Japanese currency.


Ia mengatakan, yen menguat, setelah Menkeu Jepang memperingatkan pasar agar menyadari dengan kemerosotan yen akhir-akhir ini.


We are optimistic that the yen will continue to strengthen to the position of 110 which constitutes the psychological border figure as the position of the yen is now still far over the level of 120, he said.


Kami optimis yen akan terus menguat hingga kembali ke posisi 110 yang merupakan angka batas psikologis dimana yen saat ini masih jauh di atas level 120 yen, katanya.


The US dollar weakened by 0.2 percent against the yen to 123.40 yen and the euro also weakened to 166.05 or dropped by 0.25 percent.


Dolar AS turun 0,2 persen terhadap yen menjadi 123,40 yen dan euro juga melemah menjadi 166,05 atau turun 0,25 persen.


According to him, the strengthening yen would have a positive impact on the domestic money market, especially the rupiah but the positive external factor did not happen.


Menurut dia, dengan menguatnya yen memberikan dampak positif terhadap pasar uang domestik, khususnya rupiah namun faktor positif dari eksternal itu tidak terjadi.


Such a condition occurred because market agents still focused on the purchase of US dollar to meet their needs, he said.


Hal ini disebabkan, pelaku pasar masih terfokus untuk membeli dolar AS, mereka membutuhkan mata uang asing itu untuk memenuhi kebutuhannya, ucapnya.


He pointed out that the rupiah could reach the level of 9,100 to the US dollar as at that level the rupiah exchange rate was considered still stable.


Rupiah, menurut dia, akan bisa mencapai level Rp9.100 per dolar AS, karena pada level tersebut nilai tukar rupiah dinilai masih stabil.


However, the Indonesian currency still has the opportunity to rebound if the Japanese central bank BOJ and the US central bank The Fed was certain to increase their interest rates.


Namun rupiah masih berpeluang untuk kembali menguat, apabila Bank Sentral Jepang BOJ dan Bank Sentral AS The Fed rencana menaikkan suku bunga terjadi.


BOJ would raise its interest rate to make yen continue to strengthen as its position was now still far over the level of 110, and The Fed would also do the same to curb the inflation which tended to rise, he said.


BOJ akan menaikkan suku bunga untuk memicu yen terus menguat, karena posisinya saat ini masih jauh di atas level 110 yen dan The Fed juga melakukan hal yang sama untuk menekan inflasi yang cenderung meningkat, katanya.


We are awaiting the local agents' reactions to the improving yen which is expected to give positive impacts to rupiah, he added.


Kami juga menunggu reaksi dari pelaku lokal dengan membaiknya yen yang diharapkan akan memberi nilai positif terhadap rupiah, tambahnya.


The rupiah is now corrected as the regional share market is weakening due to the decrease in the stocks of Wall Street, while the market agents worry about the US market which tends to drop, Kostaman said.


Rupiah saat ini terkoreksi, karena pasar saham regional melemah akibat merosotnya bursa Wall Street, karena pelaku pasar khawatir dengan pasar AS yang cenderung merosot, demikian Kostaman Thayib.


Publicly-listed telecommunications operator PT Bakrie Telecom Tbk said on Tuesday it has secured a syndicated loan of US$145 million from foreign financial institutions.


PT Bakrie Telecom Tbk BTEL mendapatkan pinjaman sindikasi dari lembaga keuangan asing sebesar 145 juta dolar AS, yang akan digunakan perseroan untuk melunasi pinjaman bank lokal dan sebagian lagi untuk mendanai belanja investasi 2007.


PT Bakrie Telecom would use the loan to settle its debts amounting to Rp450 billion and to finance investment expenditure in 2007, the company's president director, Anindya Bakrie, said in a press statement.


Dirut BTEL, Anindya Bakrie dalam siaran pers yang diterima Selasa, mengatakan, pinjaman perseroan kepada bank lokal sebesar 450 miliar akan dilunasi dari pinjaman sindikasi asing tersebut.


The loan would mature in five years with a grace period of two years, he said.


Anindya mengatakan pinjaman tersebut mempunyai jangka waktu 5 tahun dengan 2 tahun sebagai masa tenggang grace period.


To meet the investment expenditure estimated at US$220 million, the company will also obtain US$125 million in credits from other financial institutions and issue bonds worth Rp500 billion, he said.


Dia menambahkan untuk memenuhi belanja investasi sekitar 220 juta dolar AS, perseroan juga telah mendapatkan plafon kredit dari lembaga keuangan lainnya sekitar 125 juta dolar AS.


PT Media Nusantara Citra Tbk. MNC, Indonesia's integrated media company, said on Wednesday its net profit this year is likely to increase 38 percent to Rp399.16 billion from a year earlier.


Perusahaan tercatat baru PT Media Nusantara Citra Tbk MNC, sebuah perusahaan industri media teritegrasi yang memiliki stasiun televisi swasta terbesar Indonesia, RCTI, mengatakan laba bersih tahun ini kemungkinan naik 38 persen menjadi Rp399,16 miliar.


The increase was expected to be fueled by net sales projected to climb 36 percent to Rp2.86 trillion from the year before, the company said in a statement to the Jakarta Stock Exchange.


Dalam sebuah pernyataannya kepada Bursa Efek Jakarta BEJ di Jakarta, Rabu, perusahaan yang 70 persen sahamnya dikuasai PT Global Mediacom Tbk PT Bimantara Citra Tbk ini, menyatakan perkiraan pertumbuhan laba bersih yang signifikan tersebut didukung oleh penjualan bersihnya yang diperkirakan naik 36 persen menjadi Rp2,86 triliun.


MNC, which is 70 percent owned by PT Global Mediacom Tbk. PT Bimantara Citra Tbk. has sold 30 percent of its total shares to the public in its initial public offering on June 22.


MNC telah menjual 4,125 miliar saham atau 30 persen dari total saham kepada publik melalui penawaran umum perdana IPO dengan harga Rp900 per saham dan dicatatkan di BEJ pada 22 Juni 2007.


MNC is a holding company of television stations RCTI, TPI and Global TV, Harian Seputar Indonesia daily, Genie, Mom&Kiddie and Realita Tabloids, Radio Trijaya Network, Radio Dangdut TPI, Radio ARH Global, Women Radio and media online www.okezone.com.


MNC merupakan perusahaan induk dari stasiun televisi RCTI, TPI, Global TV, Harian Seputar Indonesia, Tabloid Genie, Tabloid Mom&Kiddie, Tabloid Realita, Radio Trijaya Network, Radio Dangdut TPI, Radio ARH Global, Women Radio dan media online www.okezone.com.


The government will propose an additional budget of Rp500 billion to Rp600 billion for the construction of infrastructure that had been damaged by the mudflow of Lapindo Brantas mining company in Sidoarjo, East Java.


Pemerintah akan mengajukan tambahan anggaran sebesar Rp500 miliar hingga Rp600 miliar dalam rangka pengalihan dan pembangunan berbagai infrastruktur yang rusak akibat semburan lumpur panas Lapindo di Sidoarjo, Jawa Timur.


The government has made a request to the House of Representatives for additional budget of Rp 500 billion to Rp 600 billion for the rehabilitation damaged infrastructure, Finance Minister Sri Mulyani Indrawati said at a socialization of the proper management of government accounts at the different ministries and agencies, here on Wednesday.


Sekarang yang diminta untuk anggaran infrastruktur sekitar Rp500 miliar hingga Rp600 miliar, kata Menteri Keuangan Menkeu Sri Mulyani Indrawati usai membuka sosialiasi pengelolaan dan penertiban rekening pemerintah pada kementerian negara/lembaga di Jakarta, Rabu.


The minister said that the additional funds would be proposed by the Public Works Ministry through the 2007 revised state budget.


Menurut Menkeu, tambahan dana itu akan diajukan melalui mekanisme APBN Perubahan APBNP 2007 yang akan diajukan oleh Departemen Pekerjaan Umum PU.


The funds are for damaged infrastructure rehabilitation, the budget implementation list DIPA is in the hand of the Minister of Public Works, she said.


Itu untuk infrastruktur di mana Daftar Isian Pelaksanaan Anggaran DIPA-nya ada di Menteri PU dalam rangka penanganan infrastruktur yang rusak, jelasnya.


Mulyani said that based on Presidential Decree No. 14/ 2007 on the Sidoarjo Mudflow Handling Agency BPLS, the government was responsible for the repair and rehabilitation of damaged infrastructure which affected the people's life and the national economy such as roads and railway tracks.


Ia menyebutkan, berdasarkan Peraturan Presiden Perpres nomor 14 tahun 2007 tentang Badan Penanggulangan Lumpur Sidoarjo BPLS, maka penanganan infrastruktur yang menyangkut perikehidupan masyarakat dan ekonomi nasional seperti jalan, jalan kereta api yang rusak, menjadi beban pemerintah untuk memperbaikinya.


Because of flooding and bing covered by mud, the infrastructure like roads and rail tracks can no longer function, and have to be rehabilitated or relocated.


Karena sudah tidak bisa dipakai lagi karena tenggelam maka kita akan melakukan program rehabilitasi atau bahkan pemindahan.


As it now has entered the year 2007, we will propose an additional budget allocation in the revised 2007 state budget to the House of Representatives DPR through the Public Works Ministry, the finance minister said.


Karena ini sudah masuk tahun 2007, tentu kita akan ajukan kepada DPR dalam APBNP melalui Menteri PU, katanya.


On the occasion the minister also said that the government would not bail out compensation funds for the mudflow victims.


Dalam kesempatan tersebut, Menkeu juga menegaskan bahwa pemerintah tidak menyediakan talangan dalam rangka pemberian ganti rugi kepada korban semburan lumpur panas.


There is no bail out fund, she added.


Itu bukan talangan, tidak ada dana talangan.


Previously, President Susilo Bambang Yudhoyono said the government would not lend money for paying compensations to the victims of mudflow from PT Lapindo Brantas operations in Porong, Sidoarjo, East Java.


Sebelumnya Presiden Susilo Bambang Yudhoyono juga menyatakan bahwa pemerintah tidak akan mengeluarkan dana talangan untuk membayar ganti rugi terhadap rumah dan tanah warga korban luapan lumpur PT Lapindo Brantas Inc di Porong Sidoarjo, Jawa Timur.


Actually there has been an idea of the government to lend money, but it would no longer be necessary, because PT Lapindo Brantas is able to make the payments, he said at a press conference after a meeting to discuss the handling of the disaster.


Memang ada pikiran agar pemerintah memberi dana talangan, namun dana talangan itu tidak diperlukan karena PT Lapindo Brantas bisa memenuhi kewajibannya membayar ganti rugi, kata Presiden Yudhoyono.


The Indonesian government last year canceled 11 foreign-funded projects across the country for various reasons, the Finance Ministry said.


Pemerintah telah membatalkan pinjaman luar negeri dari berbagai kreditor untuk 11 proyek selama 2006 karena berbagai alasan.


The Danish-funded project worth 21.96 million euros was canceled due to the absence of a permit from the Office of the State Enterprises Minister, it said.


Proyek tersebut adalah Scattered Diesel Power Project dengan jumlah pinjaman 21,96 juta euro dari Denmark dengan pelaksana proyek PT PLN.


The two projects which involved the Health Ministry were canceled because of failure to use up the total loans until the end of loan period.


Pinjaman untuk Depkes melalui First Provincial Helath Project dari IBRD senilai 5,88 juta dari total 41,9 juta dolar AS juga dibatalkan karena memang sampai dengan akhir masa pinjaman, tidak habis digunakan.


One of the ADB-funded projects was Metro Medan Urban Development Project worth US$5.82 million of the total US$82.8 million pledged, The project run by the Public Works Ministry was canceled because it had already been closed.


Pinjaman senilai 5,82 juta dari total 82,8 juta dolar AS dari ADB untuk Departemen PU melalui Metro Medan Urban Development Project juga dibatalkan karena proyek telah ditutup.


The other ADB-funded project was Small Medium Enterprise Export Development Project worth US$72.83 million of the total US$85 million pledged, The project run by the Directorate General of Treasury at the Finance Ministry was canceled because the executing bank failed to distribute funds to small and medium enterprises


Pemerintah juga membatalkan pinjaman senilai 72,83 juta dari 85 juta dolar AS dari ADB melalui Ditjen Perbendaharaan Depkeu untuk Small Medium Entreprice Export Development Project karena bank pelaksana tidak dapat mendistribusikan dana kepada UKM eksportir karena tingkat bunga kurang kompetitif.


The JBIC-funded project was Ciliwung-Cisadane River Flood Control Project worth US$16.91 million of the total US$17.33 million pledged. The project was canceled because of problems related to land clearance.


Pinjaman senilai 16,91 juta dari total 17,33 juta dolar AS dari JBIC untuk Departemen PU melalui Ciliwung-Cisadane River Flood Control Project I juga dibatalkan karena masalah akuisisi tanah yang tidak dapat diselesaikan oleh pihak pelaksana proyek.


PT Charoen Pokphand Indonesia Tbk at a shareholders' general meeting here on Wednesday decided to distribute dividends worth Rp38 per share.


Rapat umum pemegang saham PT Charoen Pokphand Indonesia Tbk CPIN yang berlangsung di Jakarta, Rabu memutuskan untuk membagikan dividen sebesar Rp38 per saham.


Total amount of the dividends the company would pay reached Rp62.4 billion, or 40 percent of its 2006 net profit of Rp157.06 billion.


Total dividen yang dibagikan sebesar Rp 62,4 miliar atau setara dengan 40 persen dari laba bersih 2006 sebesar Rp 157,06 miliar.


The rest of the net profit totalling Rp94 billion will be withheld for increasing the company's working capital, the company's president director, Thomas Effendy, said.


Sedangkan sisa laba bersih sebesar Rp 94 miliar dimasukan kedalam laba ditahan untuk kepentingan peningkatan modal kerja, kata Wakil Dirut CPIN, Thomas Effendy di Jakarta, Rabu.


In the meeting, the shareholders agreed on plans to buy 99.92 percent equity in PT Vista Grain belonging to PT Central Pertiwi, 99.96 percent shares of PT Pertiwi Indonesia in PT Primafood International, fixed assets consisting of 58,400 square meters plot of land at Km26 of the Surabaya-Mojokerto road and sell a 29,375 square meters plot of land on Jalan Mojokerto.


Sementara itu dalam RUPSLB perseroan juga disetujui empat agenda perusahaan, Pertama persetujuan pembelian 12.990.000 99,92% kepemilikan saham dalam PT Vista Grain VG milik PT Central Pertiwi CP, Kedua pembelian 229.900 99,96% kepemilikan saham dalam PT Primafood International milik PT Pertiwi Indonesia.


The total land acquisition is worth Rp164 billion, he said.


Total nilai akuisisi beserta pembelian tanah sebesar Rp 164 miliar, katanya.


The Surabaya Stock Exchange BES has served written warnings on four bond issuers for their lateness in submitting 2006 financial statements until the given date.


Bursa Efek Surabaya BES memberikan sanksi peringatan tertulis kedua kepada empat emiten obligasi atas keterlambatan penyampaian laporan keuangan tahunan 2006 sampai batas waktu yang ditentukan dalam surat peringatan pertama, kata Kadiv.


The four bond issuers are PT Lontar Papyrus Pulp & Paper Industry LPPI, PT Newera Footwear Indonesia NEFI, state electricity firm PT Perusahaan Listrik Negara and PT Pindo Deli Pulp & Paper Mills PIDL.


Keempat emiten obligasi tersebut adalah PT Lontar Papyrus Pulp & Paper Industry LPPI, PT Newera Footwear Indonesia NEFI, PT Perusahaan Listrik Negara -Persero PPLN dan PT Pindo Deli Pulp & Paper Mills PIDL.


Earlier, on June 5, the four bond issuers, along with share issuers PT Arpeni Pratama Ocean Line Tbk APOL, PT Bank Muamalat Indonesia Tbk BBMI and PT Charoen Pokphan Indonesia Tbk CPIN and bond issuers PT Jasa Marga Persero, PT Rajawali Citra Televisi Indonesia and PT Swadharma Indotama Finance received first written warnings.


Sebelumnya, keempat emiten ini pada 5 Juni 2007 bersama emiten saham PT Arpeni Pratama Ocean Line Tbk APOL, PT Bank Muamalat Indonesia Tbk BBMI , PT Charoen Pokphan Indonesia Tbk CPIN serta emiten obligasi PT Jasa Marga Persero, PT Rajawali Citra Televisi Indonesia dan PT Swadharma Indotama Finance menerima sanksi peringatan tertulis pertama.


The Finance Ministry has projected the state budget deficit in the second aemester of 2007 at Rp59.92 trillion with expenditure estimated at Rp458.02 trillion or 60 percent of the 2007 state budget, and revenues at Rp398.10 trillion 55.1 percent.


Departemen Keuangan memproyeksikan defisit anggaran pada semester II/2007 mencapai Rp59,92 triliun yang merupakan selisih dari proyeksi belanja negara Rp458,02 triliun 60 persen dari APBN 2007 dan pendapatan negara Rp398,10 triliun 55,1 persen.


The state expenditure forecast consists of the central government's expenditure estimated at Rp320.56 trillion 63.5 percent and regional governments' expenditure projected at Rp137.461 trillion 53.1 percent, according to the second-half state budget prognosis, a copy of which was made available on Friday.


Menurut data prognosis APBN semester II/2007, yang diperoleh pada Jumat, proyeksi belanja negara tersebut terdiri atas belanja pemerintah pusat Rp320,56 triliun 63,5 persen dan belanja ke daerah yang mencapai Rp137,461 triliun 53,1 persen.


The higher absorption of the central government's budget in the second semester of 2007 has to do with the start of physical projects and the disbursement of electricity subsidy due to an increase in the production cost of power supplies, the report said.


Tingginya penyerapan anggaran pemerintah pusat dalam semester II/2007 tersebut, terkait dengan mulai dilaksanakannya proyek-proyek fisik, Selain itu, tingginya penyerapan belanja pemerintah pada semester II/2007 karena realisasi subsidi listrik sebagai akibat dari adanya peningkatan biaya produksi penyediaan listrik, demikian terungkap dalam data itu.


The state revenue projection consists of tax receipts projected at R284.257 trillion 55.8 percent, non-tax state revenues estimated at Rp111.503 trillion 52.9 percent and grants projected at Rp2.342 trillion 87.8 percent.


Sementara pendapatan negara yang mencapai Rp398,10 triliun terdiri atas penerimaan perpajakan yang mencapai Rp284,257 triliun 55,8 persen, penerimaan negara bukan pajak Rp111,503 triliun 52,9 persen, serta hibah yang mencapai Rp2,342 triliun 87,8 persen.


The higher state revenue and grant projections in the second semester of 2007 are due among others to developments in macro economic variables; measures to revise tax, customs and excise arrangements and procedures; as well as measures to revise the system and procedure of paying non-tax state revenues, the report said.


Lebih tingginya perkiraan perkiraan pendapatan negara dan hibah dalam semester II/2007 tersebut dipengaruhi oleh antara lain; perkembangan berbagai variabel makro ekonomi; langkah penyempurnaan sistem administrasi dan prosedur perpajakan, kepabeanan dan cukai; serta langkah penyempurnaan sistem dan prosedur penyetoran PNBP, demikian data tersebut.


To offset the Rp59.92 trillion deficit, the ministry has projected domestic funding at Rp39.389 trillion 71.5 percent and foreign funding at Rp9.887 trillion minus 67.9 percent.


Sedangkan untuk pembiayaan, Depkeu menyebutkan adanya setoran dari pembiayaan dalam negeri Rp39,389 triliun 71,5 persen dan pembiayaan luar negeri neto Rp9,887 triliun minus 67,9 persen untuk menutupi defisit anggaran Rp59,92 triliun tersebut.


The report said Rp10.823 trillion of the domestic funding will originate from the domestic banking industry, Rp4.7 trillion from the privatization of state firms, Rp521.7 billion from the sale of banks' assets under the restructuring program, and Rp28.044 trillion from the issuance of state bonds, minus Rp2.7 trillion as a result of state capital participation.


Dan pembiayaan dalam negeri, menurut data itu, akan diperoleh dari perbankan dalam negeri Rp10,823 triliun, privatisasi Rp4,7 triliun, penyertaan modal negara minus Rp2,7 triliun , hasil penjualan aset program restrukturisasi perbankan Rp521,7 miliar, dan penerbitan obligasi negara neto Rp28,044 triliun.


Foreign funding would come from disbursement of program loans worth Rp19.11 trillion and project loans worth Rp20.184 trillion, minus Rp29.40 trillion in instalments on foreign debts.


Serta pembiayaan luar negeri akan diperoleh dari penarikan pinjaman program Rp19,11 triliun, penarikan pinjaman proyek Rp20,184 triliun, dan pembayaran cicilan pokok utang luar negeri minus Rp29,40 triliun.


The government is optimistic about achieving the economic growth target of 6.3 percent for 2007 although the state expenditure in the first half of this year is projected to reach 37.8 percent of the state budget, a minister said.


Pemerintah optimis target pertumbuhan ekonomi tahun 2007 sebesar 6,3 persen dapat tercapai meskipun realisasi belanja negara selama semester I 2007 diperkirakan hanya mencapai sekitar 37,8 persen dari total anggaran belanja negara.


I am optimistic that the economy will expand 6.3 percent in 2007, State Minister for National Development Planning Paskah Suzetta said here at the weekend.


Saya masih optimis selama 2007 pertumbuhan ekonomi bisa mencapai 6,3 persen, kata Menneg Perencanaan Pembangunan Nasional/Kepala Bappenas, Paskah Suzetta di Jakarta, akhir pekan ini.


He said the 2007 economic growth would be driven not only by state expenditure but also by exports, imports, public consumption and private investment.


Menurut dia, faktor yang menentukan pertumbuhan bukan hanya penyerapan anggaran saja tetapi juga faktor lain seperti ekspor-impor, konsumsi swasta, dan investasi swasta.


Earlier, the government announced that the state expenditure in the first semester of 2007 is projected to reach Rp288.4 trillion or 37.8 percent of the state budget amounting to Rp763.6 trillion.


Sebelumnya pemerintah melaporkan bahwa realisasi belanja negara selama semester I 2007 diperkirakan mencapai sekitar Rp288,4 triliun atau 37,8 persen dari total belanja negara Rp763,6 triliun.


The government said the central government's expenditure in the first half of 2007 is estimated at Rp173.3 trillion 34.3 percent and the regional governments' expenditure at Rp115.1 trillion 44.5 percent.


Realisasi sebesar Rp288,4 triliun itu terdiri atas belanja pemerintah pusat sebesar Rp173,3 triliun 34,3 persen dan belanja ke daerah sebesar Rp115,1 triliun 44,5 persen.


The central government's expenditure included goods spending which reached Rp15.1 trillion 20.9 percent and capital spending which reached Rp12.3 trillion 16.8 percent.


Pada belanja pemerintah pusat terdapat belanja barang yang realisasinya baru mencapai sekitar Rp15,1 triliun 20,9 persen, dan belanja modal pemerintah yang realisasinya baru Rp12,3 triliun 16,8 persen.


Paskah, who is also chairman of the National Development Planning Board Bappenas said both goods and capital spending was very low on the early days of the budget year but the spending began to increase in the second quarter up to the fourth quarter of this year.


Menurut Paskah Suzetta, pada awal-awal tahun memang penyerapan anggaran terutama untuk belanja barang dan belanja modal, cukup rendah, Penyerapan anggaran baru akan mulai meningkat pada triwulan II hingga IV.


Earlier, Finance Minister Sri Mulyani said the 2007 economic growth would be about the same as the initial forecast of 6.3 percent, to be helped by public consumption growth of 5.1 percent, government consumption growth of 8.9 percent, investment growth of 12.3 percent, export growth of 9.9 percent, and import growth of 14.2 percent.


Angka itu ditopang oleh pertumbuhan konsumsi swasta yang mencapai 5,1 persen, pertumbuhan konsumsi pemerintah 8,9 persen, pertumbuhan investasi 12,3 persen, ekspor 9,9 persen, dan impor 14,2 persen.


The economy is projected to expand 6-6.1 percent in the first half of 2007, fueled by public consumption growth of 4.7 percent, government consumption growth of 6.6 percent, investment growth of 9.9 percent, export growth of 9.3 percent, and import growth of 12.3 percent.


Realisasi pertumbuhan ekonomi selama semester I 2007 diperkirakan mencapai 6,0 hingga 6,1 persen yang didorong oleh pertumbuhan konsumsi swasta 4,7 persen, konsumsi pemerintah 6,6 persen, investasi 9,9 persen, ekspor 9,3 persen, dan impor 12,3 persen.


The minister hoped the economy would expand 6.4-6.6 percent in the second semester of 2007 with public consumption expected to grow 5.6 percent, government consumption 11.1 percent, investment 14.6 percent, export 10.6 percent, and import 15.9 percent.


Sementara untuk pertumbuhan ekonomi semester II 2007 diharapkan mencapai 6,4 hingga 6,6 persen yang didorong oleh pertumbuhan konsumsi swasta 5,6 persen, konsumsi pemerintah 11,1 persen, investasi 14,6 persen, ekspor 10,6 persen, dan impor 15,9 persen.


Indonesian rating agency Pefindo has upgraded the rating of PT Kalbe Farma Tbk KLBF and its 1/2006 bonds worth Rp300 billion to idAA from idAA- with a stable outlook, an analyst said.


Pemeringkat Efek Indonesia Pefindo menaikkan peringkat PT Kalbe Farma Tbk KLBF dan Obligasi KLBF I/2006 senilai Rp300 miliar menjadi idAA dari sebelumnya idAA- dengan outlook stabil, kata analis Pefindo Vonny Widjaja dalam sebuah pernyataannya di Jakarta, Senin.


The idAA rating reflected the company's strong market position, good diversification of product portfolio and better financial performance, Pefindo analyst Vonny Widjaja said on Monday.


Menurutnya, peringkat yang diberikan mencerminkan posisi pasar perusahaan yang kuat dan portofolio produk yang terdiversifikasi dengan baik, serta kinerja keuangan yang membaik.


However, the rating was limited by a slow sale growth in 2006, she said.


Namun peringkat tersebut dibatasi oleh pertumbuhan penjualan yang melambat pada tahun 2006, jelasnya.


KLBF is currently Indonesia's largest pharmacy company which is supported by several subsidiaries namely PT Bintang Toedjoe, PT Hexpharm Jaya, PT Saka Farma, PT Finusolprima and PT Dankos Farma.


Saat ini, kata dia, KLBF adalah grup farmasi terbesar di Indonesia yang didukung beberapa anak perusahaan yaitu PT Bintang Toedjoe, PT Hexpharm Jaya, PT Saka Farma, PT Finusolprima dan PT Dankos Farma.


PT Kalbe Farma is also engaged in several other businesses such as in health food production through PT Sanghiang Perkasa, in distribution services through PT Enseval Putera Megatrading Tbk and in packaging services through PT Kageo Igar Jaya Tbk, she said.


Perusahaan juga bergerak di bidang usaha makanan kesehatan melalui PT Sanghiang Perkasa, usaha distribusi melalui PT Enseval Putera Megatrading Tbk dan usaha kemasan melalui PT Kageo Igar Jaya Tbk, katanya.


Per March 31, 2007, KLBF's share holders consist of PT Gira Sole Prima 9.43 percent, PT Santa Seha Sanadi 8.94 percent, PT Lucasta Murni Cemerlang 8.76 percent, PT Diptanala Bahana 8.65 percent, PT Bina Artha Charisma 7.32 percent, PT Ladang Ira Panen 7.31 percent and the public 49.59 percent.


Per 31 Maret 2007, pemegang saham KLBF terdiri dari PT Gira Sole Prima 9,43 persen, PT Santa Seha Sanadi 8,94 persen, PT Lucasta Murni Cemerlang 8,76 persen, PT Diptanala Bahana 8,65 persen, PT Bina Artha Charisma 7,32 persen, PT Ladang Ira Panen 7,31 persen dan publik 49,59 persen.


KLBF intended to buy back not more than 10 percent of shares that the company had released with a total fund of about Rp1.23 trillion, Vonny said.


KLBF berniat untuk melakukan pembelian kembali saham-saham yang telah diterbitkan oleh perusahaan dengan jumlah tidak lebih dari 10 persen dari jumlah seluruh saham perusahaan yang ditempatkan dan disetor penuh dalam waktu 18 bulan sejak Februari 2007 dengan alokasi dana Rp1,23 triliun, kata Vonny.


Up to March 31, 2007, the company managed to buy back shares worth Rp23 billion, or about two percent of its target.


Sampai dengan 31 Maret 2007, KLBF telah melakukan pembelian kembali sekitar 2 persen dari target pembelian saham perusahaan dengan harga keseluruhan sebesar Rp23 miliar, tambahnya.


Stock rating agency PT Pefindo has assigned an idA- rating to publicly-listed telecommunications firm PT Bakrie Telecom Tbk. and its plan to issue bonds worth Rp750 billion to finance part of its capital expenditure.


Pemeringkat Efek Indonesia Pefindo memberikan peringkat idA- kepada PT Bakrie Telecom Tbk. BTEL dan rencana penerbitan Obligasi I/2007 sebesar Rp750 miliar yang akan digunakan untuk membiayai sebagian belanja modal.


The rating reflected profitable telecommunication industry, proper business model and potential business growth, Pefindo analyst Niken Indriarsih said in a statement on Monday.


Peringkat tersebur merefleksikan industri telekomunikasi yang menguntungkan, model usaha BTEL yang tepat dan pertumbuhan usaha yang potensial, kata analis Pefindo Niken Indriarsih dalam pernyataannya di Jakarta, Senin.


But she added the rating remained fragile due to the company's aggressive expansion leading to high financial leverage, and high exposure to foreign currency risks including domestic stiff competition.


Namun, katanya, peringkat tersebut diperlemah oleh sebuah ekspansi agresif, yang dapat mendorong leverage keuangan menjadi tinggi, dan tingginya potensi eksposur terhadap risiko mata uang asing termasuk ketatnya persaingan dalam industri.


As of March 31, 2007, Bakrie Telecom is 50.25 percent owned by PT Bakrie & Brothers Tbk., 15.08 percent by CMA Fund Management, 3.17 percent by PT Bakrie Communications, 2.08 percent by Richweb Investments Ltd., and 29.43 percent by the public.


Pada 31 Maret 2007, BTEL dimiliki oleh PT Bakrie & Brothers Tbk. 50,25 persen, CMA Fund Management 15,08 persen, PT Bakrie Communications 3,17 persen, Richweb Investments Ltd. 2,08 persen dan publik 29,43 persen.


Bank Indonesia BI Governor Burhanuddin Abdullah said on Monday the central bank is optimistic the economy will grow by more than 6 percent this year, citing robust lending growth as a reason.


Gubernur Bank Indonesia BI Burhanuddin Abdullah mengatakan BI optimistis pertumbuhahn ekonomi tahun 2007 di atas 6 persen setelah melihat penyaluran kredit yang meningkat terus.


Apart from that, with the state budget realization rate expected to improve in the third and fourth quarters, economic growth is likely to exceed the figure, Burhanuddin said following a meeting of the bank's board of governors here on Monday.


Selain itu dengan pelaksanaan anggaran pendapatan belanja negara APBN yang semakin baik di kuartal III dan IV 2007, pertumbuhan ekonomi akan makin optimistis di atas angka tersebut, katanya di Jakarta, Senin.


The meeting agreed that the economy would perform better in the second semester, he said.


Rapat Dewan Gubernur RDG BI sebelumnya menilai prospek perekonomian Indonesia makin baik.


The economy in the two previous quarters was on the right track and it would continue to expand during the rest of the year, he said.


RDG menilai perekonomian Indonesia sampai dengan triwulan kedua 2007 pada jalur yang tepat dengan ekspansi perekonomian yang terus berlanjut.


He believed full-year inflation rates would hit the central bank's inflation target of 6, plus or minus 1, percent for 2007 and of 5, plus or minus 1, percent for 2008.


Juga laju Inflasi 2007 dan 2008 mengarah kepada pencapaian target BI masing-masing sebesar 6 plus minus satu persen dan 5 plus minus satu persen, katanya.


Stock rating agency PT Pemeringkat Efek Indonesia Pefindo has upgraded the rating of packaged food industry PT Mayora Indah Tbk and its bond due in July 2008 to A+ stable outlook from A.


PT Pemeringkat Efek Indonesia Pefindo menaikkan rating PT Mayora Indah Tbk dari A menjadi A+ dengan outlook stabil, untuk perusahaan dan obligasinya yang jatuh tempo pada Juli 2008.


The A+ rating reflects the good market for the company's packaged foods, as evident from its sales which grew by 73.48 percent in the first quarter of 2007 from a year earlier, Pefindo analyst Niken Indriarsih said here Tuesday.


Kenaikan peringkat tersebut mencerminkan posisi pasar perseroan yang baik di pasar makanan dalam kemasan, hal itu tercermin dari pertumbuhan penjualan yang naik sebesar 73,48 persen pada kuartal pertama 2007 dibandingkan periode sama sebelumnya, kata analis Pefindo Niken Indriarsih di Jakarta, Selasa.


The rating was however weakened by increasing cost of raw materials, she said.


Namun peringkat itu diperlemah oleh adanya biaya bahan baku yang meningkat.


Mayora is 32.93 percent owned by PT Unita Branindo, and 67.07 percent by the public.


Pemegang sahamnya terdiri dari PT Unita Branindo 32,93% dan lainnya termasuk publik 67,07%.


Publicly-listed PT Bakrie Sumatra Plantation Tbk has set up a joint venture company, Agri Resources BV, with several foreign investors to expand its oil palm plantation area.


PT Bakrie Sumatera Plantation Tbk BSP membentuk perusahaan patungan, Agri Resources BV dengan sejumlah investor asing.


We plan to conduct extensive expansion with a target of increasing our plantations by 100,000 hectares within six years' time.


Kami merencanakan ekspansi besar-besaran, Targetnya lahan perkebunan kami bertambah 100.000 hektar dalam enam tahun ke depan.


We just received US$250 million worth of funds which are certainly very significant for implementing our plan, the company's president director, Ambono Janurianto, said here on Tuesday.


Kalau kami baru saja mendapatkan dana sebesar 250 juta dolar AS, itu tentunya akan signifikan untuk mewujudkan rencana-rencana kami itu, ujar Dirut BSP Ambono Janurianto di Jakarta, Selasa.


He said his company had a 20-percent share in the new company which is based in the Netherlands by paying around US$10 million in participation capital.


Pada perusahaan patungan yang berkedudukan di Belanda, BSP memiliki saham sekitar 20 persen dengan penyertaan modal sekitar 10 juta dolar AS atau sekitar Rp90 miliar.


The other US$90 million of the capital was paid by foreign investment companies and another US$150 million from senior secured notes issued by AI Finance BV, an affiliated company set up by the investors' partners in Singapore.


Sisanya 90 juta dolar AS dari perusahaan investasi asing dan 150 juta dolar lainnya diperoleh dari penerbitan senior secured notes surat utang oleh AI Finance BV -- sebuah perusahaan afiliasi yang didirikan oleh mitra investor asing di Singapura.


Ambono said on June 26 he had signed a document relating to capital participation in the Agri Resources BV that plans to acquire several plantation companies in the country.


Ambono mengatakan, pada 26 Juni 2007 yang lalu pihaknya telah menandatangani dokumen yang berkaitan dengan penyertaan modal di Agri Resources BV yang akan melakukan akuisisi sejumlah perkebunan di Indonesia.


As an initial step he said Agri Resources BV recently acquired a plantation company that holds 36,000 hectares of land in the southern part of Sumatra with 19,000 of them already planted, adding 75 percent of the trees in the planted area was already mature.


Sebagai langkah awal, Agri Resources BV belum lama ini telah merealisasikan aksi akuisisi atas suatu kelompok usaha perkebunan yang memiliki lahan kebun di Sumatera Bagian Selatan dengan areal tertanam seluas 19.000 hektar dari total HGU Hak Guna Usaha seluas 36.000 hektar, di lahan perkebunan sawit itu sekitar 76 persen tanamannya sudah pada usia matang.


Ambono said the joint venture company had entrusted Bakrie Sumatra Plantation Tbk to manage plantation companies it would acquire based on a management agreement.


BSP, kata Ambono, mendapat kepercayaan dari para investor dalam perusahaan patungan tersebut untuk mengelola perusahaan-perusahaan perkebunan yang akan diakuisisinya berdasarkan perjanjian manajemen.


We enjoy direct advantage through a management fee of US$100 per hectare per year from every plantation we manage, he said.


Kami mendapat manfaatnya secara langsung, melalui perolehan komisi manajemen 'management fee' sebesar 100 dolar AS per hektar per tahun dari setiap kebun yang kami kelola, katanya.


He said Bakrie would also get a marketing fee of US$10 per ton of crude palm oil and US$5 per ton of palm kernel sold based on an off-take agreement.


BSP, kata dia, akan mendapatkan tambahan pendapatan dalam bentuk komisi pemasaran  marketing fee  sebesar 10 dolar AS per ton CPO minyak kelapa sawit mentah dan 5 dolar AS per ton untuk inti sawit palm kernel dari penjualan komoditas tersebut berdasarkan off-take agreement .


We are optimistic the series of transactions that we have made will bring much benefit not only in terms of corporate financial performance but also income and operational performance, he said.


Kami optimis serangkaian transaksi yang telah dilakukannya tersebut akan membawa manfaat besar bagi perolehan pendapatan dan kinerja operasional, serta kinerja keuangan perusahaan pada masa mendatang, ujar Ambono.


He said Bakrie itself expected to increase its plantation area by at least 7,000 hectares by the end of this year.


BSP sendiri sampai akhir tahun 2007 menargetkan penambahan lahan tertanam kelapa sawit sedikitnya 7.000 hektar.


Publicly-listed nickel company PT International Nickel Indonesia INCO said it would extend its cooperation with publicly-listed national diversified mining firm PT Antam.


PT Internasional Nickel Indonesia INCO mengungkapkan bahwa kerjasama pihaknya dengan PT Aneka Tambang Antam di bidang pengolahan pertambangan setuju untuk diperpanjang.


The current cooperation agreement with Antam will expire next year but we have agreed to extend our association, INCO President Director Arif S Siregar said here Wednesday.


Tahun depan kerjasama INCO dengan Antam akan berakhir, namun kedua belah pihak setuju untuk melakukan perpanjangan, kata Presiden Direktur INCO Arif S Siregar, dalam konferensi pers di Jakarta, Rabu.


Under the cooperation agreement signed in February 2003 Antam had been buying nickel ore from INCO's work contract area in Pomalaa Timur in Southeast Sulawesi to support its ferronickel production activity in Pomalaa.


Kerjasama yang telah berlangsung sejak Februari 2003 ini merupakan upaya membangun wilayah kontrak di Sulawesi Tenggara, dengan ketetapan INCO menambang bijih saprolitik di wilayah timur Pomalaa dan Antam melakukan proses peleburannya smelting.


PT Antam had since mid-2005 bought a total of 1 million tons of nickel ore from PT INCO.


INCO telah mengirim bijih nikel ke tempat peleburan Antam sejak pertengahan 2005.


Arif also said INCO would build the Karebbe dam in Pomalaa district starting next month to increase the capacity of its hydropower plant from 275 MW to 365 MW.


Bendungan Karebbe Arif mengungkapkan bahwa pembangunan bendungan ketiga di Karebbe, sungai Larona, untuk meningkatkan kapasitas listrik tenaga air PLTA 90 Megawatt MW dari 275 MW menjadi 365 MW.


The Karebbe dam project would cost US$275 million to US$580 million and was expected to be completed in mid-2010, he said.


Proyek bendungan yang menelan biaya sekitar 275-580 juta dolar ini nantinya juga akan disalurkan ke masyarakat sebesar 3 MW, tambahnya.


Indonesia could have been stronger than China, India or Japan in economic terms because it had the advantage of possessing a wide variety of natural resources, Vice President Jusuf Kalla said.


Wakil Presiden Jusuf Kalla mengatakan ekonomi Indonesia seharusnya lebih kuat daripada ekonomi China, India, dan Jepang karena Indonesia memiliki keunggulan beragam sumber daya alam SDA.


During my overseas trips this year, I witnessed the economic progress many countries including China, India, and Japan are making.


Saya tahun ini beberapa kali ke luar negeri melihat banyak kemajuan di banyak negara, mulai dari India, China, dan Jepang.


But there was never any doubt in my mind that we could have made faster progress than other countries because not many of them are endowed with as wide a variety of natural resources as we are, Kalla said in his address at a seminar on Mid-2007 Economic Projections here on Thursday.


Saya tidak pernah sangsi bahwa kita ini harusnya lebih baik dan memang harus lebih maju dibandingkan dengan negara lain, karena saya pikir tidak banyak negara yang memiliki SDA sebaik yang kita miliki, kata Wapres dalam sambutannya pada sebuah seminar tentang Proyeksi Ekonomi Tengah Tahun 2007 di Jakarta, Kamis.


The vice president said Indonesia's economic strength lay in the world's economic weaknesses in terms of natural resources.


Ia mengatakan kekuatan ekonomi Indonesia sebenarnya merupakan kelemahan ekonomi dunia yaitu dari sisi sumber daya alam.


The world's economic weaknesses are limited energy sources, shortage of commodities and also of metals.


Apa kelemahan ekonomi dunia? Energi yang terbatas, komoditi yang kurang, juga metalnya.


These three weaknesses in the world economy are our gain because not many countries have an abundance of energy sources, commodities and metals as we do.


Tiga kekhawatiran dunia itu keuntungan Indonesia, Tidak banyak negara yang memiliki tiga hal ini.


We have oil, coal and many other natural resources, Kalla said.


Kita punya minyak, batubara, dan banyak sumber daya ekonomi lainnya, kata Jusuf Kalla.


He said when gas wells in Natuna and Cepu had come on stream next year, Indonesia would again have an energy surplus.


Menurut Wapres, sumur gas Natuna dan Cepu yang diharapkan selesai tahun depan akan membuat Indonesia akan kembali memiliki surplus energi.


We also have a lot of commodities.


Kita juga punya berbagai komoditi.


In spite of the recent increase in the cooking oil price, only 30 percent of production poses a problem while the remaining 70 percent is our gain, Kalla said, adding that the 30 percent was needed at home and was exchanged with export duty.


Meski minyak goreng naik, tetapi 30 persen yang masalah, sedang 70 persen menjadi keuntungan karena harganya naik, yang 30 persen itu diperlukan di dalam negeri yang ditukar dengan hasil dari pungutan ekspor PE, katany


The vice president predicted that the prices of cocoa, corn and coffee would rise and thereby stengthen the Indonesian economy.


Dia memperkirakan harga cokat, jagung, kopi, akan mengalami kenaikan sehingga menjadi kekuatan ekonomi Indonesia.


The government's present policy should be reversed.


Kebijakan pemerintah sekarang kita balik.


Bank Indonesia BI has given telecommunications company Telkomsel permission to market its E-Money products, a BI official said.


Direktur Direktorat Akunting dan Sistem Pembayaran Bank Indonesia Dyah NK Makhijani mengatakan Bank Indonesia telah mengizinkan PT Telkomsel mengeluarkan produk e money.


The license has been issued, the central bank's director of accounting and payment systems, Dyah NK Makhijani, said here on Saturday at a central bank discussion on national payment systems for economic journalists and banking staff.


Izin sudah dikeluarkan, katanya dalam diskusi kebanksentralan wartawan ekonomi dan perbankan mengenai kebijakan sistem pembayaran nasional di Bandung, Sabtu.


He said the central bank issued the permit after considering the Telkomsel's capability to issue the products.


Ia mengatakan, dikeluarkannya izin tersebut, setelah BI menilai Telkomsel layak mengeluarkan produk tersebut.


Besides performance, they Telkomsel also have more than two years of experience in providing pre-paid and post-paid cellulair telephone services, he said.


Selain kinerjanya, mereka juga memiliki pengalaman selama lebih dari dua tahun dalam penyediaan pulsa prabayar dan pascabayar, katanya.


She said BI was currently promoting non-cash transactions through the use of an E-Money card in economic transactions in the country.


Menurut Dyah, saat ini pihaknya mendorong penggunaan transaksi melalui nontunai, seperti kartu e money dalam transaksi ekonomi yang terjadi di Indonesia.


More than 100 million people in the productive-age group in the country were currently only making an average of 12 non-cash transactions a year.


Saat ini, lanjut Dyah, dari jumlah usia produktif masyarakat sekitar lebih dari 100 juta, rata-rata mereka hanya melakukan 12 transaksi nontunai pertahun atau sekali sebulan.


This is very small, she said.


Ini sedikit sekali, katanya.


Therefore, she hoped the development in the use of E-Money would change cash to non-cash transactions so that circulation of cash money would be reduced to economize on the printing of bills.


Untuk itu, pihaknya mengharapkan perkembangan kartu e money dapat mengubah transaksi tunai menjadi transaksi nontunai.


An E-Money card is similar to a credit card which can be used for transactions like paying toll road fees and restaurant bills and other expenses.


Produk e money merupakan alat transaksi hampir sama dengan kartu kredit, dimana bisa dilakukan melalui kartu, seperti masuk jalan tol, membayar restoran, dan transaksi lainnya.


Bank Permata posted an unaudited profit of Rp289 billion in the first semester of 2007, up 41 percent from Rp205 billion in a corresponding period in 2006, a spokesperson said.


Bank Permata membukukan laba kotor konsolidasi unaudited sebesar Rp289 miliar pada semester I 2007 atau naik 41 persen dibanding periode yang sama tahun lalu Rp205 miliar.


Its net profit after tax in the first six months of this year was recorded at Rp198 billion or 39 percent more than Rp143 billion in the same period of last year, the bank's president director, Steward D. Hall, said here Monday.


Adapun laba bersih setelah dikurangi pajak mencapai Rp198 miliar, tumbuh 39 persen dibandingkan tahun lalu yang sebesar Rp143 miliar.


He said the increased net profit was supported by a raise in net interest rate and net non-interest rate income.


Direktur Utama Bank Permata Stewart D. Hall di Jakarta, Senin mengatakan peningkatan pada laba bersih ini didukung oleh kenaikan pendapatan bunga bersih dan pendapatan non bunga bersih.


The bank's loan-to-deposit ratio LDR reached 83 percent as of last June 30, an increase of 74 percent compared to the figure in a corresponding period the previous year, The two figures were higher compared to the national LDR level which stood at 64 percent.


Selain mencatat kenaikan laba bersih, fungsi intermediasi merupakan prioritas utama Bank Permata dalam menjalankan praktik perbankan, terlihat dari Loan to Deposit Ratio LDR sebesar 83 persen per 30 Juni 2007 dibanding dengan 74 persen periode yang sama tahun lalu, dan di atas rata-rata LDR secara nasional sebesar 64 persen.


Bank Permata distributed a total of Rp25 trillion in credits to SMEs and consumers as per June 2007, up by 12 percent from the figure in a corresponding period last year.


Sejalan dengan fokus utama bank terhadap UKM dan Consumer, total pinjaman yang disalurkan gross sampai akhir Juni 2007 mencapai Rp25 triliun atau meningkat 12 persen dibanding periode yang sama 2006, dengan komposisi 77 persen disalurkan ke sektor UKM.


The bank's assets reached a total value of Rp39 trillion as per last June 30, or 7 percent up compared to a similar period in 2006.


Dari sisi neraca, total aset Bank Permata per 30 Juni 2007, meningkat 7 persen menjadi Rp39 triliun.


Transfer of credits significantly grew by 52 percent to Rp8.3 trillion in the first semester of 2007 from Rp5.5 trillion in a corresponding period of last year while savings increased by 16 percent to Rp6.0 trillion from Rp5.2 trillion.


Giro mencatat pertumbuhan yang cukup tinggi dari Rp5,5 triliun menjadi Rp8,3 triliun atau meningkat 52 persen, sedangkan tabungan tumbuh 16 persen dari Rp5,2 triliun menjadi Rp6,0 triliun.


Bank Permata's capital adequacy ratio CAR rose by 3.7 percent to 14.1 percent in the first six months of this year compared to the figure in a corresponding period last year.


Pada akhir Juni 2007, Capital Adequacy Ratio CAR menjadi 14,1 persen meningkat 3,7 persen dari posisi Juni tahun lalu.


The Jakarta Stock Exchange JSX has temporarily suspended Bank Negara Indonesia share trading until further notice, an official said here Wednesday.


Bursa Efek Jakarta BEJ melakukan penghentian sementara suspensi perdagangan saham PT Bank Negara Indonesia Tbk BBNI di seluruh pasar pada Rabu, 8 Agustus 2007 hingga pengumuman lebih lanjut.


The suspension was designed to avoid uncontrollable fluctuations in the Bank BNI share price following its second initial public offering, JSX trade division head Hamdi Hassyarbaini said.


Menurut Kepala Divisi Perdagangan BEJ Hamdi Hassyarbaini, suspensi tersebut dilakukan untuk mencegah terjadinya fluktuasi tidak wajar atas harga saham BBNI sehubungan dengan masa penawaran umum saham kedua PT Bank Negara Indonesia Tbk.


The bourse, he said, was continuously asking information from BNI on the suspension.


Saat ini, kata dia, Bursa sedang meminta penjelasan kepada perseroan.


Bank BNI sold 3.47 billion shares at the price of Rp2,050 per share beginning Tuesday.


Bank BNI menawarkan 3,47 miliar saham dengan harga Rp2.050 per saham yang dimulai Selasa 7/8 hingga Jumat.


The shares will be listed at the JSX and the Surabaya Stock Exchange SSX on August 13.


Saham ini akan dicatatkan di BEJ dan Bursa Efek Surabaya BES pada 13 Agustus 2007.


Indonesia's biggest glaze producer PT Ferro Mas Dinamika is one of the industries which are planning to increase their production capacity, Bambang Sugiyaro, a senior manager at the company, said here Wednesday.


Pasalnya, pihaknya telah mendapatkan kepastian pasokan gas sebesar 1,2 juta meter kubik per bulan dari PGN, kata Senior Manager Ferro Mas, Bambang Sugiyarto di Jakarta, Rabu.


Our company is making efforts to raise its production capacity to 1,100 tons per day after PT PGN promised to supply 1.2 million cubic meters of gas a month, he said.


Perusahaan kini berusaha untuk mencapai kapasitas produksi maksimal, yaitu sebesar 1.100 ton per hari.


The US company had reduced its production capacity sharply for the past three years due to limited gas supply.


Sebelumnya sejak tiga tahun lalu perusahaan PMA asal Amerika Serikat tersebut mengalami penurunan produksi yang sangat tajam akibat buruknya pasokan gas dari PGN.


It had even reduced its production capacity by 50 percent last year.


Bahkan, lanjutnya, pada 2006 silam Ferro Mas sempat berproduksi hanya 50 persen dari kapasitas normal.


Meanwhile, foodware ceramic manufacturer PT Narumi Indonesia president director Hisashi Sato said his company would also step up production capacity following the beginning of PGN gas supply through the SSWJ distribution system.


Kami telah mendapatkan jaminan dari PGN akan kelancaran pasokan gas yang dialirkan melalui pipa SSWJ.


The Cikarang-based PT Narumi Indonesia which uses cowbones as raw material for food ware ceramic industry had been relying on expensive liquefied petroleum gas or LPG for the past three years.


Hal ini menjadi dasar bagi perusahaan untuk mencapai kapasitas produksi hingga kapasitas maksimal, ujarnya.


Sato said his firm was planning to increase its production capacity by 150 percent next year after PGN started channeling its gas through the SSWJ pipes.


Dengan mulai mengalirnya gas dari pipa SSWJ PGN, Narumi berencana untuk meningkatkan kapasitas produksi hingga 150 persen pada tahun depan.


President Susilo Bambang Yudhoyono has asked state-owned bank BNI to continue its divestment and right issue although the world's stock markets were fluctuating.


Presiden Susilo Bambang Yudhoyono minta agar proses penjualan saham Bank BNI ke publik go public terus dilanjutkan meski pasar saham dunia saat ini masih bergejolak.


The president asked that the process be continued in accordance with initial plans and he said he had no problem with it, Minister for State Enterprises Sofyan Djalil said here on Thursday.


Presiden minta prosesnya jalan terus dan ini sudah sesuai rencana semula dan presiden tidak ada masalah soal


The minister met with the president in order to report the divestment process of state bank BNI.


itu, kata Meneg BUMN Sofyan Djalil di kantor presiden Jakarta, Kamis usai melaporkan proses go public BNI.


He said that the president suggested that the divestment process be continued because the prices BNI offered for its shares were already at the optimum level in the current market conditions.


Sofyan menjelaskan, presiden minta proses yang sedang berjalan terus dilakukan, karena harga yang diperoleh sudah cukup optimum dengan kondisi pasar seperti sekarang.


The minister said that the president was satisfied with his report and understood the market condition as well as the process of BNI's divestment process.


Harga itu sudah optimum karena saat kita melakukan 'book building' pasar modal dunia dalam keadaan sulit, katanya.


The price is set based on our announcement and our estimates at Rp4 trillion to cover the state budget, he said.


Harga sesuai yang kita umumkan dan penerimaan kepada negara untuk menutup APBN jumlahnya sesuai perkiraan Rp4 triliun lebih, katanya.


It has now been oversusbscribed.


Sekarang sudah 'over subscribe'.


And there would be no more change under whatever condition so that the government and BNI's revenues from the divestment were guaranteed because it was fully guaranteed by underwriters, he added.


Dan itu tidak akan berubah dan apapun yang terjadi perolehan pemerintah dan BNI sudah pasti karena dijamin 'underwriter' secara penuh, katanya.


He said that the global market would shortly improve as seen Thursday morning where global stocks gained strength at about 1.5 to 2.5 percent.


Sigit memperkirakan pasar saham global akan segera membaik seperti yang terlihat pada Kamis 9/8 yang telah menguat sekitar 1,5 - 2,5 persen secara rata-rata.


The Jakarta stock composite also gained a strength.


Indeks BEJ juga terjadi penguatan.


We hope it would improve on Friday and Monday based on our expectation, the BNI director said.


Mudah-mudahan Jumat sampai Senin besok sudah seperti yang kita harapkan, katanya.


In going public, BNI would carry out two parts of its going public activities namely offering 15 percent right issue for BNI's additional capital and 15 percent divestment of government shares.


Ia menjelaskan, dalam go public ini ada dua kegiatan yakni 'rigth issue' saham BNI sebesar 15 persen untuk tambahan modal BNI dan divestasi saham pemerintah 15 persen.


But of the 30 percent, only 26 percent would be floated in the stock exhange.


Meski demikian dari total 30 persen itu yang akan masuk ke bursa saham sekitar 26 persen.


Sigit said that the price per share of the right issue was set at Rp2,025, while the price per share of the divestment was fixed at Rp2,050.


Harga saham untuk right issue sebesar Rp2.025 per lembar saham, dan untuk divestasi sebesar Rp2.050 per lembar saham.


The government is likely to find it hard to meet investment needs in 2008 to achieve the economic growth target of 6.8 percent, a lawmaker said.


Fraksi Partai Persatuan Pembangunan DPR FPPP memperkirakan kebutuhan investasi pada 2008 untuk menopang pertumbuhan ekonomi 6,8 persen akan sulit dipenuhi.


The challenges to meet the investment needs will come from the government itself.


Tantangan pemenuhan kebutuhan investasi itu justru berasal dari pemerintah sendiri.


One of the challenges will be the low absorption of the state budget, spokesman of the United Development Party faction in the House of Representatives DPR Syumli Syadli said here Tuesday.


Salah satunya adalah kemampuan investasi pemerintah seperti penyerapan di APBN yang belum optimal, termasuk regulasi investasi yang kini belum berjalan efektif, kata juru bicara FPPP, Syumli Syadli.


Syumli made the remarks when delivering the faction's general views on the draft 2008 state budget and the government's financial notes in a House plenary session here.


FPPP menyampaikan pemandangan umum terhadap RAPBN 2008 beserta Nota Keuangannya dalam rapat paripurna DPR yang dipimpin Wakil Ketua DPR, Muhaimin Iskandar di Jakarta, Selasa.


To achieve the economic growth target of 6.8 percent for 2008, a gross fixed capital of Rp1,296 trillion would be needed, he said.


Syumli menyebutkan, untuk mencapai pertumbuhan ekonomi 2008 sebesar 6,8 persen, diperlukan pembentukan modal tetap bruto PMTB sebesar Rp1.296 triliun.


The government expects private investment in 2008 to reach Rp168.48 trillion or 35.5 percent of the total.


Pemerintah berharap sumber investasi tahun 2008 berasal dari sektor swasta baik investasi asing maupun dalam negeri sebesar 35,5 persen Rp460,08 triliun.


The banking sector is expected to contribute Rp168.48 trillion 13 percent to the investment needs next year, state enterprises 11.7 percent, infrastructure projects 7 percent and other investments 22.5 percent.


Sementara kontribusi perbankan sebesar 13 persen Rp168,48 triliun, investasi BUMN 11,7 persen, proyek infrastruktur 7 persen, dan investasi lainnya 22,5 persen.


Although the government investment is small, it will play a greater role in spurring the real sector's growth as much of the state spending will go to labour-intensive projects, he said.


Kendati porsi investasi pemerintah tergolong kecil, namun perannya sangat besar untuk menggairahkan sektor riil karena belanja pemerintah lebih banyak bersifat padat karya, kata Syumli.


To achieve the economic growth target of 6.8 percent for 2008 the government would need a direct investment of US$100 billion, he said.


Menurut FPPP, untuk mencapai pertumbuhan sebesar 6,8 persen, pemerintah membutuhkan investasi langsung sebesar 100 miliar dolar AS.


However, most of investment inflows had so far been in the form of portfolio investment which was susceptible to turbulence in the financial sector, he said.


Ini merupakan tantangan berat karena kenyataannya selama ini investasi asing yang masuk masih dalam bentuk investasi asing tidak langsung atau portofolio.


We must realize that the lower-than-expected government investment is much caused by domestic factors, namely the government's inconsistency in managing many sectors which have so far impeded investment inflows, he said.


Disadari bahwa kinerja investasi pemerintah yang belum optimal lebih disebabkan karena faktor domestik yakni inkonsistensi pemerintah membenahi beberapa sektor yang selama ini menhambat investasi, katanya.


He said rampant illegal levies and weak investment management, coupled with high leakage of investment caused by high cost economy had posed a stumbling block to investment inflows.


Menurut dia, banyaknya pungutan dan lemahnya kelembagaan investasi di daerah serta masih besarnya tingkat kebocoran dalam investasi akibat korupsi atau ekonomi biaya tinggi merupakan penghambat investasi.


Publicly-listed tyre maker PT Gajah Tunggal Tbk has set aside US$170 million as capital expenditure to expand its business until 2010.


Produsen ban PT Gajah Tunggal Tbk menganggarkan belanja investasi Capex sebesar 170 juta dolar AS sampai 2010, dimana Capex tersebut akan digunakan untuk ekspansi usaha atau penambahan kapasitas produksi ban.


To increase the capacity of producing radial tyres, vehicle tyres and vehicle internal tyres, about US$170 million in investment is needed, Gajah Tunggal director Catharina Widjaja said in a public presentation here Wednesday.


Untuk penambahan kapasitas ban radial, ban motor dan ban dalam motor dibutuhkan dana investasi sekitar 170 juta dolar AS, kata Direktur Gajah Tunggal, Catharina Widjaja dalam paparan publik di Jakarta, Rabu.


She said the company needed US$100 million in funds to raise the capacity of producing radial tyres to 50,000 units from 30,000 units per day.


Menurutnya penambahan kapasitas produksi ban radial dari 30 ribu ban menjadi 50 ribu ban per hari dibutuhkan dana sekitar 100 juta dolar AS.


The capital expenditure originated from proceeds from the issuance of bonds worth US$325 million in 2005, she said.


Catharina mengatakan, dana capex tersebut berasal dari penerbitan obligasi perseroan yang dilakukan pada 2005 lalu yakni sebesar 325 juta dolar AS.


Part of the fund has been used for business expansion and the remaining US$120 million has been used to repay debts, she said.


Sebagian telah digunakan untuk ekspansi usaha dan sisanya 120 juta dolar AS telah digunakan untuk bayar utang, katanya.


The company's total debts now reached US$487 million, she said.


Dia menambahkan sampai saat ini total utang perseroan mencapai 487 juta dolar AS.


Gajah Tunggal in the first half of 2007 posted a net profit of Rp73 billion compared to Rp125 billion in the previous semester.


Sampai semester I 2007 Gajah Tunggal mencatat laba bersih tercatat Rp 73 miliar atau turun dibandingkan periode sama sebelumnya sebesar Rp 125 miliar.


The government has to earmark US$556 million in counterpart fund for project loans worth US$2.624 billion in the draft 2008 state budget, a government official said here over the weekend.


Pemerintah harus menyiapkan sekitar 556 juta dolar AS sebagai dana pendamping pinjaman proyek RAPBN 2008 yang mencapai 2,624 miliar dolar AS atau sekitar Rp23,879 triliun.


The project loans in the draft 2008 state budget were drawn up based on the amount of loan need for a multi-year project funding which will be carried out in 2008, Director for Funding Monitoring and Evaluation of the National Development Planning Board Bappenas, Benny Setiawan, said.


Pinjaman proyek itu, berasal dari penyerapan pinjaman proyek 'multi years' yang akan dilakukan pada 2008.


He said that the amount was proposed by the Bappenas and was approved by the government, in this case the Ministry of Finance as the competent institution.


Memang kami yang mengajukan usulannya, tapi pemerintah Depkeu-red yang memutuskan, kata Direktur Pemantauan dan Evaluasi Pendanaan Pembangunan Bappenas Benny Setiawan di Jakarta, akhir pekan lalu.


Setiawan said that the amount of the project loans covered 176 projects, most of which were to be financed by Japan Bank for Reconstruction JBIC, the World Bank and the Asian Development Bank ADB.


Pinjaman yang sebagian besar dibiayai oleh Japan Bank for International Corporation JBIC, Bank Dunia, dan Bank Pembangunan Asia ADB itu, rencananya untuk menggarap 178 proyek di berbagai daerah.


He said that the Bappenas had proposed a project loan of US$3.208 billion with a counterpart fund amounting to US$679.9 million.


Benny mengatakan, sebenarnya pihaknya mengajukan pinjaman proyek sebesar 3,208 miliar dolar AS dengan besaran dana pendamping sekitar 679,9 juta dolar AS.


But after a fiscal calculation is made, only US$2.64 billion project loans were approved.


Namun berdasarkan hitungan fiskal, angka 2,624 miliar dolar AS yang disepakati.


Thus, the counterpart fund also decreased to US$556.09 million, he said.


Maka besaran dana pendampingnya bisa dihitung ikut turun menjadi sekitar itu 556,09 juta dolar AS-red, katanya.


Based on the previous proposal, the JBIC would provide the biggest amount at US$775.1 million for 37 projects, followed by the world bank US$708.3 million for 37 projects, the ADB US$608 million for 40 projects, other international donor institutions such as the Islamic Development Bank IDB and the International Fund for Agricultural Development IFAD US$132.2 million for 17 projects.


Berdasarkan usulan pinjaman yang diajukan sebelumnya, kata Benny, penyerapan pinjaman terbesar pada 2008 diberikan oleh JBIC sebesar 775,1 juta dolar AS 37 proyek, Bank Dunia 708,3 juta dolar AS 37 proyek, ADB 608,5 juta dolar AS 40 proyek, lembaga donor lainnya Bank Pembangunan Islam/IDB dan Dana Internasional untuk Pembangunan Pertanian/IFAD 132,2 juta dolar AS 17 proyek.


Donor countries such as Australia, the Netherlands, China, Denmark, Italy, Hungary, Germany, South Korea, Spain and Norway would also provide US$405.7 million for 35 projects, besides that, an amount of US$579.1 would be obtained from export facilities for projects in the defense and security sector


Disamping itu terdapat 35 proyek yang didanai negara donor seperti Australia, Belanda, China, Denmark, Italia, Hongaria, Jerman, Korsel, Spanyol, dan Norwegia, dengan nilai sebesar 405,7 juta dolar AS, serta fasilitas kredit ekspor untuk Dephan dan Polri 579,1 juta dolar AS.


Indonesia's monthly inflation rate rose 0.75 percent in August, fueled by an increase in the price indice in the education, recreation and sports sectors and in the prices of foodstuffs, the Central Bureau of Statistics BPS said.


Badan Pusat Statistik BPS mencatat, pada Agustus 2007 terjadi inflasi sebesar 0,75 persen yang terutama didorong oleh kenaikan indeks pada sektor pendidikan rekreasi dan olahraga, serta harga bahan makanan.


August's inflation brought the calendar inflation January-August rate to 3.58 percent and the year-on-year inflation August 2006-August 2007 rate to 6.51 percent, BPS Chairman Rusman Heriawan said here Monday.


Kepala BPS, Rusman Heriawan di Jakarta, Senin, mengatakan, dengan demikian inflasi tahun kalender Januari-Agustus menjadi 3,58 persen, dan inflasi year on year Agustus 2007 terhadap Agustus 2006 menjadi 6,51 persen.


The on-year inflation rate stood at 3.58 percent in August.


Kita punya inflasi year on year 3,58 persen.


Since the government has set the inflation target of 6.0 percent for this year we still have a reserve of 2.4 percent.


Kalau target pemerintah 6,0 persen, artinya kita masih punya 'reserve' 2,40.


This means that on-month inflation must average 0.60 percent in the four months ahead.


Kalau dalam empat bulan ke depan, artinya rata-rata 0,60 persen.


Over the period there will be inflation which may be lower or higher than expected.


Kemungkinannya dalam empat bulan ke depan akan terjadi inflasi dan ada yang lebih kecil atau ada yang naik.


What is important is that the government can ensure consumers of an adequate supply of goods, he said.


Yang penting, bagaimana pemerintah bisa meyakinkan konsumen mengenai pasokan barang, kata Rusman.


He said the government-set inflation target of 6.0 percent for 2007 was somewhat risky as the monthly inflation figures in July and August 2007 were fairly higher than in the same period last year.


Target pemerintah 6,0 persen memang suatu ambisi agak riskan karena gejala Juli Agustus ini cukup tinggi dibanding dua bulan yang sama tahun sebelumnya, katanya.


Inflation rose on month to 0.72 percent and 0.75 percent respectively in July and August 2007 from 0.45 percent and 0.33 percent in the same period last year.


Pada 2006, inflasi Juli dan Agustus tercatat 0,45 persen dan 0,33 persen, sedangkan 2007 ini, inflasi Juli dan Agustus tercatat 0,72 dan 0,75 persen.


The BPS noted that spending on education, recreation and sports in August rose 3.18 percent, foodstuffs 0.79 percent gas and fuel 0.77 percent from a month earlier.


Menurut BPS, kelompok pendidikan, rekreasi dan olahraga yang mengalami inflasi 3,18 persen, kelompok bahan makanan 0,79 persen dan gas & bahan bakar 0,77 persen menjadi tiga sektor dimana terjadi inflasi terbesar bulan lalu.


The kerosene price rose 9.7 percent, contributing 0.16 percent to inflation.


Sedangkan kenaikan harga minyak tanah 9,7 persen secara nasional, katanya, menyumbang inflasi 0,16 persen.


Kerosene belongs to the group of administered prices besides premium gasoline and diesel oil.


Kenaikan biaya pendidikan di tingkat TK menyumbang inflasi 0,02 persen dari total inflasi 0,75 persen


So far, Pertamina gasoline stations are the only premium gasoline and diesel oil retailers, he said.


Tingkat SD menyumbang 0,03 persen, SMP 0,03, SMA 0,07 persen, dan tingkat universitas menyumbang 0,03 persen sehingga secara kumulatif sektor pendidikan menyumbang 0,18 persen, katanya.


The keronese price rose due in part to state oil and gas company Pertamina's decision to reduce supplies in line with the government's kerosene-to-gas conversion program, he said, since August 2006, the price of cooking oil had increased 42 percent, he said.


Minyak tanah memang termasuk 'administered price' harga yang ditentukan pemerintah, seperti premium dan solar, namun pola distribusinya berbeda karena dipengaruhi margin pasar.


The price of cooking oil in August increased 4.3 percent from July, adding another 0.07 percent to the inflation figure, he said.


Untuk harga minyak goreng, kenaikannya dibanding bulan lalu 4,3 persen sehingga dibanding dengan Agustus 2006, kenaikan harga minyak goreng sudah mencapai 42 persen, katanya.


Core inflation, which excludes volatile food prices and administered fuel prices, was recorded at a monthly 0.69 percent and an on-year 5.66 percent.


Sedangkan laju inflasi komponen inti year on year Agustus 2007 terhadap Agustus 2006 sebesar 5,66 persen.


Indonesia saw a surplus of US$3.55 billion in its foreign trade in August with exports rising to US$9.81 billion and imports standing at US$6.26 billion.


Badan Pusat Statistik BPS mencatat Indonesia mengalami suplus perdagangan pada Juli 2007 sebesar 3,55 miliar dolar AS yang diperoleh dari transaksi ekspor sebesar 9,81 miliar dolar dan impor 6,26 miliar dolar AS


Cumulatively, the country's trade surplus in the first seven months of 2007 reached US$23.64 billion, Central Bureau of Statistics BPS Chief Rusman Heriawan said on Monday, in the January-July 2007 period, Indonesia's exports reached US$63.53 billion and its imports stood at US$39.89 billion, he said.


Kepala BPS, Rusman Heriawan di Jakarta, Senin mengatakan, secara kumulatif surplus perdagangan tujuh bulan pertama 2007 mencapai 23,64 miliar dolar AS, yang berasal dari ekspor kumulatif 63,53 miliar dolar AS dan impor kumulatif 39,89 miliar dolar AS


He also said Indonesia suffered a deficit in its trade with China over the past few months.


Rusman juga mengatakan, dalam beberapa bulan terakhir, Indonesia mengalami defisit perdagangan dengan China


Cumulatively, China was listed as the biggest supplier of non-oil/non-gas commodities to Indonesia, reaching US$4.35 billion, Our exports to China were only recorded at US$3.70 billion so we suffered a deficit, he said.


Secara kumulatif, negara pemasok barang impor non migas terbesar ditempati oleh China dengan nilai 4,35 miliar dolar AS, namun ekspor kita hanya 3,70 miliar dolar AS sehingga kita terus mengalami defisit perdagangan, katanya


He said the surplus came mostly from Indonesia's trade with Japan, Indonesia's exports to Japan last month reached US$7.994 billion, while its imports from the East Asian nation stood at US$3.47 billion.


Sedangkan surplus perdagangan terbesar, terjadi antara Indonesia dan Jepang dengan ekspor yang mencapai 7,994 miliar dolar AS dan impor yang hanya 3,47 miliar dolar AS.


Indonesian chocolate ingredients maker PT Davomas Abadi through its subsidiary, International Finance Company Pte Ltd., has issued more guaranteed senior secured notes worth US$88 million.


PT Davomas Abadi melalui anak usahanya International Finance Company Pte Ltd menerbitkan surat berharga guaranted senior secured notes sebesar 88 juta dolar AS.


The notes follow the US$150 million notes issued at coupon of 11 percent and due in 2011, Davomas Abadi President Director Anthonius Azer Unawekla said in a report to the Jakarta Stock Exchange on Tuesday.


Penerbitan surat berharga ini merupakan tambahan dari penerbitan sebelumnya sebesar 150 juta dolar AS dengan tingkat bunga 11 persen dan jatuh tempo pada 2011, kata Dirut Davomas Abadi Tbk, Anthonius Azer Unawekla kepada Bursa Efek Jakarta BEJ, Selasa.


He said the additional notes would not be offered to investors considered public bidders.


Menurutnya penerbitan surat berharga tambahan tersebut tidak dimaksudkan untuk ditawarkan kepada investor yang dianggap sebagai penawaran umum.


Local rating agency Pemeringkat Efek Indonesia Pefindo has assigned an idBBB rating to Bank Tabungan Pensiunan Nasional BTPN with stable outlook.


Pemeringkat Efek Indonesia Pefindo memberikan sebuah peringkat perusahaan idBBB kepada PT Bank Tabungan Pensiunan Nasional BTPN dengan outlook stabil, kata analis Pefindo Hendro Utomo, dalam sebuah pernyataannya di Jakarta, Jumat.


The rating showed the bank's strong profitability, good capitalization and reliable assets, Pefindo analyst Hendro Utomo said in a statement on Friday.


Menurutnya, peringkat tersebut mencerminkan profitabilitas bank yang kuat, kapitalisasi yang kuat dan kualitas aset yang dapat dikendalikan.


However, the rating was weakened by the high risk of funding concentration, tight liquidity indicators and limited growth of its core business, he said.


Namun, peringkat tersebut diperlemah oleh tingginya konsentrasi risiko dalam pendanaan, indikator-indikator likuiduitas yang ketat dan terbatasnya potensi pertumbuhan dari bisnis inti.


Established in 1958 under the name of Bank Pegawai Pensiunan Military BAPEMIL, the bank was mainly engaged in receiving savings from and channeling credits to retired servicemen.


BTPN didirikan pada 1958 di bawah nama Bank Pegawai Pensiunan Militer BAPEMIL, sebagai sebuah institusi yang menerima tabungan dan menyediakan pinjaman kepada para anggotanya.


In 1986, the bank changed its name to Bank Tabungan Pensiun Nasional BTPN and became a commercial bank in 1993.


Pada 1986 bank merubah namanya menjadi nama yang sekarang PT Bank BTPN termasuk statusnya sebagai bank tabungan, yang kemudian menjadi sebuah bank komersial pada 1993.


As of March 31, 2007, the bank was 28.39 percent owned by PT Pengelola Aset PPA, 22.61 percent by PT Recapital Advisors, 20 percent by Fuad Hasan Masyhur, 19 percent by PT Danatama Makmur and 10 percent by PT Bakrie Capital Indonesia.


Pemegang saham PT Bank BTPN per 31 Maret 2007, terdiri dari PT Pengelola Aset atau PPA 28,39 persen, PT Recapital Advisors 22,61 persen, Fuad Hasan Masyhur 20,00 persen, PT Danatama Makmur 19,00 persen dan PT Bakrie Capital Indonesia 10,00 persen.


The government is optimistic its full-year inflation rate target for 2007 of 6.3 percent will be achieved after concluding it has succeeded in securing distribution of basic necessaries, a minister said.


Menteri Koordinator Perekonomian Boediono mengatakan pemerintah optimis inflasi pada akhir tahun sesuai dengan target yaitu 6,3 persen setelah pihaknya dirasa mampu mengamankan arus bahan-bahan pokok.


I am optimistic inflation will reach the target set in the 2007 state budget, Coordinating Minister for Economic Affairs Boediono said here Friday.


Saya punya optimisme target inflasi akhir tahun sesuai dengan APBN 2007, katanya dalam konferensi pers menghadapi lebaran di Jakarta, Jumat.


He said the government was making every effort to ensure the smooth distribution of basic necessaries ahead of the Lebaran post-fasting month festivities to keep inflation under control.


Ia mengatakan, pihaknya saat ini tengah bekerja untuk mengamankan kelancaran arus bahan-bahan pokok menyambut lebaran guna menjaga inflasi terkendali.


Inflation is the balance between the flows of money and goods.


Inflasi kan keseimbangan antara arus uang dan arus barang, arus barang inilah yang ingin kita amankan selama beberapa bulan ke depan.


We will secure the flow of goods particularly basic commodities in the months ahead.


Fokusnya adalah bahan-bahan pokok masyarakat.


It seems that we will be able to secure the flow of goods, he said.


nampaknya arus barang bisa kita amankan, katanya.


Meanwhile, Deputy Bank Indonesia Governor Hartadi said the inflation rate was projected to fall this month.


Sementara itu, Deputi Gubernur Bank Indonesia BI Hartadi memperkirakan akan terjadi penurunan inflasi pada bulan ini.


The results of various surveys show signs of easing inflation in September compared to August.


Dari berbagi survey justru keliatan akan terjadi penurunan bila dibandingkan dengan Agustus, pada minggu pertama September.


The August inflation figure was exceptional, It was beyond what all parties had forecast, including Bank Indonesia.


Agustus jumlah kenaikannya memang istimewa dan diluar perkiraan semua pihak, termasuk perkiraan BI.


Judging by the drop in the prices of several goods this week the inflation rate will fall this month, he said.


Ia menambahkan saat ini pihaknya belum bisa memprediksi secara pasti penurunan tersebut secara perbandingan antar tahun year on year.


But the prices of some goods in the first week of September fell, I don't know their prices in the ensuing weeks as the fasting month of Ramadhan started just two days ago.


Namun minggu pertama September itu terjadi penurunan-penurunan, minggu selanjutnya saya belum tahu karena Ramadhan baru mulai dua hari terakhir ini.


We saw the prices of rice fell on the average, he said.


Kami melihat beras ada penurunan, rata-rata terjadi penurunan, katanya.


The Central Bureau of Statistics BPS forecast the inflation rate in September would be below 1 percent.


Tetapi kalaupun ada inflasi kita harap tidak terlalu besar, kemungkinan masih di bawah satu persen, kata Kepala BPS, Rusman Heriawan di Kementerian Koordinator Perekonomian Jakarta, Jumat.


I don't know this month's inflation because we still have two weeks away.


Saya tidak tahu berapa laju inflasinya karena harus menunggu dua pekan lagi.


Bank Indonesia BI Governor Burhanuddin Abdullah said there will be room for the central bank's key rate to go down if the US Federal Reserve cuts its rate at its meeting on Tuesday.


Gubernur BI Burhanuddin Abdullah mengatakan, ada ruang untuk menurunkan suku bunga BI BI rate, apabila Federal Reserve AS menurunkan suku bunganya Fed Fund rate, dengan tetap memperhatikan kondisi di dalam negeri.


If the Fed Fund rate drops by 25-50 basis points tomorrow, we will certainly have room to lower the key rate.


Makanya kalau The Fed itu besok turun 25 atau 50 basis poin, pasti kita merasa punya ruang.


But we must also take into account domestic conditions, he said here Monday.


Tapi kita lihat bagimana di dalam negeri, kata Gubernur setelah memberikan pemaparan dalam rangka tes kepatutan dan kelayakan fit and proper test calon Dewan Gubernur di Gedung DPR Jakarta, Senin.


In addition, he said, Bank Indonesia would also consider international financial conditions to decide whether or not to cut the key rate, locally known as BI Rate.


Selain itu, jelasnya, BI juga akan memperhatikan situasi keuangan internasional dalam memutuskan suku bunga patokan tersebut.


On Sept 6, the central bank decided to keep the key rate at 8.25 percent for the third month in a row while still carefully considering the impact of the subprime mortgage turmoil despite the country's improving macro economic conditions and the rupiah's stable exchange rate.


Saat ini, BI rate, yang menjadi patokan bagi Sertifikat BI, berada pada level 8,25 persen, sedangkan Fed Fund Rate 5,25 persen.


The Federal Open Market Committee FOMC is set to convene a meeting on Tuesday to decide its interest rate policy and US economic projections.


Pertemuan Komite Pasar Terbuka Federal FOMC The Fed untuk menentukan kebijakan atas suku bunga dan proyeksi ekonomi AS ke depan dijadwalkan berlangsung pada 18 September 2007.


Some analysts believe the Fed will lower its interest rate at the meeting as part of monetary policies to help resolve the subprime mortgage turmoil in the US.


Beberapa analis memperkirakan The Fed akan menurunkan suku bunga mereka pada pertemuan FOMC September mendatang sebagai bagian dari kebijakan moneter untuk mendukung penyelesaian krisis subprime mortgage di AS.


The much-anticipated drop in the Fed Fund rate is expected to encourage banks to lower their already high lending rates.


Penurunan suku bunga The Fed diharapkan akan memicu penurunan suku bunga pinjaman yang telah tinggi.


To ease the impact of the subprime mortgage crisis, the Fed had cut its dicount rate to 4.75 percent from 5.25 percent previously to strengthen the banking industry's liquidity.


Sebelumnya, untuk mengurangi dampak krisis kredit perumahan itu, Bank sentral AS telah menurunkan suku bunga pinjaman bagi perbankan umum discounts rate dari 5,25 persen menjadi 4,75 persen untuk menambah likuiditas di perbankan.


The World Bank has suggested that the Indonesian government and the House of Representatives DPR amend the newly-enacted law on limited liability companies, particularly regarding clauses on minimum capital requirements MCR.


Bank Dunia mengusulkan agar pemerintah dan DPR melakukan amandemen perubahan atas UU Perseroan Terbatas PT yang baru diberlakukan pada 16 Agustus 2007 lalu, terutama tentang kewajiban modal minimum MCR.


I think the Doing Business Report published by IFC International Finance Corporation and the World Bank will explain what the government can do to increase the ease of doing business in Indonesia.


Saya kira dalam laporan 'Doing Business 2008' yang dikeluarkan IFC International Finance Corporation dan Bank Dunia akan memberi penjelasan apa yang bisa dilakukan pemerintah untuk meningkatkan kemudahan melakukan bisnis di Indonesia.


And one of the indicators is minimum capital requirements.


Dan salah satu indikatornya adalah kewajiban modal minimum, kata General Manager Advisory Services IFC, Hans Shrader di Jakarta, Rabu.


Many other countries in this region have zero minimum capital requirements.


Namun demikian, katanya, banyak negara lain di kawasan ini menetapkan kewajiban modal minimum nol.


So, the question is that must Indonesia increase minimum capital requirements for the establishment of companies? Hans Shrader, IFC advisory services general manager, said here Wednesday.


Sehingga pertanyaan yang muncul adalah, apakah Indonesia harus meningkatkan kewajiban modal minimum pendirian perusahaan? katanya.


The IFC is the World Bank's private investment arm.


IFC adalah kepanjangan tangan Bank Dunia dalam memberikan pembiayaan kepada perusahaan-perusahaan di dunia.


It was difficult to revise the implementation regulation of Law No.40/2007 on limited liability companies given the requirement for a minimum core capital of Rp50 million stipulated in the law, he said.


Dia juga mengindikasikan, sulit memperbaiki ketentuan tersebut dalam peraturan pelaksana mengingat ketentuan Rp50 juta sebagai kewajiban modal minimum tercantum dalam UU 40/2007


I think amending the minimum capital requirement from the current position to zero level is the step that must be taken, he said.


Saya kira mengubah kewajiban modal minimum dari posisi saat ini ke nol adalah langkah yang harus dilakukan, katanya.


Based on the Doing Business 2008 Report published by the IFC, Indonesia improved its 'easiness of doing business' index worldwide.


Berdasarkan laporan Doing Business 2008 yang dikeluarkan IFC dan Bank Dunia.


In the report, Indonesia ranks 123 out of the 178 countries surveyed.


Indonesia berhasil menaikkan peringkat kemudahan melakukan bisnis secara global dari posisi 135 menjadi 123.


World Bank country director for Indonesia Joachim von Amsberg said the bank would no longer give concessional loans to Indonesia because it had become a middle-income country.


Country Director Bank Dunia untuk Indonesia, Joachim von Amsberg mengatakan Bank Dunia tidak lagi memberi pinjaman murah pada Indonesia menyusul keberhasilan Indonesia masuk dalam negara berpenghasilan menengah.


Indonesia has undergone a change in terms of the loans it receives from the World Bank, namely from International Development Assistance IDA schemed loans such as subsidies and grants to IBRD schemed loans.


Indonesia mengalami perubahan bentuk pinjaman Bank Dunia dari yang murah biayanya, yaitu IDA International Development Association, seperti subsidi, hibah, ke pinjaman bagi negara berpenghasilan menengah, yaitu IBRD International Bank for Reconstruction adn Development.


This reflects the country's success in managing its economy.


Itu refleksi kesuksesan Indonesia dalam manajemen ekonomi.


Indonesia is now considered to be a mature middle-income country, he said.


Indonesia sekarang dianggap sebagai negara berpenghasilan menengah yang 'mature', kata Joachim di Jakarta, Rabu.


He said, however, seeking World Bank loans was still more advantageous than issuing international bonds.


Meski demikian, dia menegaskan pinjaman ke Bank Dunia masih lebih menguntungkan dibandingkan penerbitan obligasi internasional.


There are a lot of advantages Indonesia can enjoy by seeking loans from the bank.


Ada banyak keuntungan bagi Indonesia untuk meminjam dari Bank Dunia.


We will always make the loans more favorable for Indonesia.


Kami selalu berusaha membuatnya lebih menguntungkan indonesia.


The interest of our products is 50 basis points above Libor which always fluctuates but is still lower than market interests.


Suku bunga produk kami 50 basis poin di atas LIBOR yang berfluktuasi, namun lebih rendah dari pasar.


If Indonesia seeks loans in the international market their interest is between 100 and 200 basis points above Libor.


Jika Indonesia pergi ke pasar Internasional, bunganya 100-200 basis poin di atas LIBOR.


The World Bank also offers loans with longer grace periods, he said.


Bank Dunia juga menawarkan masa pinjaman dan masa tenggang yang lebih panjang, kata Joachim.


He said the World Bank is currently trying to make its products more attractive for its members including trying to lower their interest from the present level.


Dijelaskannya, Bank Dunia saat ini tengah berusaha membuat produk-produk mereka lebih menarik bagi anggotanya, termasuk kemungkinan menurunkan suku bunga pinjaman dari saat ini.


Indonesia's outstanding debts to the bank from 1967 to 2006 reached US$7.424 billion under the IBRD scheme and US$1.323 billion under the IDA scheme.


Outstanding pinjaman luar negeri Indonesia dari Bank Dunia sejak 1967-2006 mencapai 7,424 miliar dolar AS dalam skema IBRD dan 1,323 miliar dolar AS dalam skema IDA.


Bank Syariah Mandiri BSM expects its net profit this year to reach Rp113 billion revising its earlier target of only Rp75 billion.


Bank Syariah Mandiri BSM menaikkan target perolehan laba bersih pada 2007 dari sebelumnya sebesar Rp75 miliar menjadi sebesar Rp113 miliar.


Until August this year its net profit has reached Rp78 billion while there are still five months left to meet the target, its president director, Yuslam Fauzi, said here on Wednesday.


Hingga Agustus ini laba bersih telah mencapai Rp78 miliar, masih ada lima bulan untuk mengejar target, kata Direktur Utama BSM Yuslam Fauzi di Jakarta, Rabu.


He said the target would be met with support from distribution of financing that was expected to reach Rp10.5 trillion by the end of this year.


Menurut dia, target tersebut akan didukung oleh penyaluran pembiayaan yang ditargetkan mencapai Rp10,5 triliun hingga akhir tahun nanti.


The financing has already reached Rp9.2 trillion, he said.


Saat ini pembiayaan telah mencapai Rp9,2 triliun, katanya.


He said the financing target was supported by non-corporate financing namely financing below Rp 10 billion as well as corporate financing which was above Rp10 billion.


Ia mengatakan target pembiayaan tersebut didukung pembiayaan non korporasi yaitu pembiayaan dibawah Rp10 miliar dan korporasi yaitu pembiayaan diatas Rp10 miliar.


He said the ratio between non-corporate and corporate financing was fifty-fifty.


Komposisi pembiayaan non korporasi dan korporasi BSM menurut dia masing-masing lima puluh persen.


He declined to tell further about the syndication saying I will tell you further about it later .


Sementara itu, akhir tahun 2007 ini ia mengharapkan akan ada penambahan modal dari pemilik saham sebesar Rp100 miliar.


He said he hoped by the end of this year there would be additional capital incoming from shareholders reaching up to rp100 billion, it is hoped the addition will increase the capital adequacy ratio and strengthen distribution of financing to reach up to Rp1 trillion, he said.


Dengan tambahan Rp100 miliar diharapkan mampu memperkuat rasio kecukupan modal CAR serta menguatkan penyaluran pembiayaan hinggga Rp1 triliun, katanya.


The BSM, according to him, will maintain the CAR at 12 percent while its present ratio is 14.1 percent.


BSM menurut dia akan menjaga CAR di level 12 persen dimana saat ini rasionya mencapai 14,1 persen.


With the CAR in its present position, there is still room for expansion which will be wider following the Rp100 billion addition.


Bila menilik CAR, kita masih memiliki ruang ekspansi pembiayaan dan bila ditambah modal Rp100 miliar ruang itu semakin terbuka, katanya.


The addition of the paid-up capital, he said, would strengthen the BSM's capital currently reaching Rp775 billion in core capital and Rp1.049 trillion in total capital.


Tambahan Rp100 miliar modal disetor tersebut menurut dia akan meperkuat permodalan BSM yang saat ini memiliki modal inti Rp775 miliar dan total modal Rp1,049 triliun.


Yuslam said he was now considering syndication with three other shariah banks to finance projects worth more than Rp1 trillion.


Sindikasi Yuslam Fauzi juga mengatakan saat ini pihaknya sedang menjajaki tiga sindikasi bersama bank syariah lain untuk pembiayaan proyek dengan total nilai lebih dari Rp1 triliun.


BSM under the syndication will take a quarter of the financing, he said.


BSM dalam sindikasi tersebut akan membiayai seperempatnya, katanya mengelak untuk membicarakan lebih lanjut sindikasi tersebut.


Bank BCA is preparing Rp 15.82 trillion in cash on the occasion of this year's post-fasting celebrations, to be distributed to the bank's ATM machines.


Bank BCA menyiapkan dana tunai untuk menyambut lebaran tahun ini sebesar Rp15,82 triliun yang akan didistribusikan ke berbagai cabang dan ATMnya.


Rp 9.5 trillion will be made available to Jakarta, Bogor, Depok, Tangerang, and Bekasi, and the rest for other regions, vice president director of BCA Jahja Setiaatmadja said in Jakarta on Wednesday.


Untuk Jakarta, Bogor, Depok, Tangerang, dan Bekasi Jabodetabek Rp9,5 triliun, dan sisanya untuk berbagai daerah lainnya, kata Wakil Presiden Direktur BCA Jahja Setiaatmadja di Jakarta, Rabu.


He said that the bank's ATM facilities will remain open even during holidays, but the bank's branch offices will be closed from October 12 through 14.


Ia mengatakan ATM akan beroperasi penuh sepanjang lhari ibur, sedangkan cabang-cabang BCA akan tutup pada tanggal 12-14 oktober dan kembali beroperasi tanggal 15 oktober.


In the meantime, Bank BNI is preparing Rp 3.3. trillion in cash for a week starting from the Idul Fitria in anticipation of increased cash needs of the public.


Sementara itu, Bank BNI menyiapkan dana kas sebesar Rp3,3 triliun selama seminggu sejak H-7 hingga lebaran tiba untuk ATM mengantisipasi meningkatnya penarikan tunai masyarakat.


For a month we are preparing Rp9,7 trillion in cash, Head of BNI's operational division Hemawati said.


Kami persiapkan total dana selama sebulan sekitar Rp9,7 triliun, kata Pemimpin Divisi Operasional BNI, Hemawati.


State Minister for National Development Planning/Head of the National Development Planning Agency Paskah Suzeta said the government still hoped the World Bank would continue providing Indonesia with concessional loans under the International Development Association scheme, although Indonesia had managed to become a middle-income country.


Menteri Negara Perencanaan Pembangunan Nasional/Kepala Badan Perencanaan dan Pembangunan Nasional Paskah Suzeta mengungkapkan pemerintah mengharapkan bank dunia tetap memberikan pinjaman murah kepada Indonesia dalam skema internasional development association meski telah berhasil menjadi negara berpenghasilan rendah.


Paskah said in Jakarta on Wednesday that Indonesia was still in need of concessional loans to cover its 2007 budget deficit which had reached 1.54 percent of the country's GDP, or Rp58.285 trillion, besides issuing state bonds.


Paskah di Jakarta, Rabu, mengatakan bahwa pinjaman murah tersebut tetap dibutuhkan Indonesia untuk menutup defisit anggaran 2007 yang mencapai 1,54 persen dari PDB atau Rp58,285 triliun selain melalui penerbitan obligasi negara.


Paskah also hoped the World Bank would even increase the concessional loans.


Paskah juga mengharapkan pinjaman murah Bank Dunia tersebut dapat diperbesar.


He also said that Indonesia will also try to secure low-interest loans from the Asian Development Bank and the Japan Bank for International Cooperation.


Ia menjelaskan selain dari bank dunia, pemerintah juga akan melakukan pinjaman luar negeri pada bank pembangunan asia ADB dan Japan Bank for International Co-operation JBIC.


In the meantime, World Bank Country Director for Indonesia Joachim von Amsberg said the bank had stopped providing concessional loans to Indonesia since the country had managed to develop into a middle-income country.


Sementara itu, Country Director Bank Dunia untuk Indonesia, Joachim von Amsberg mengatakan Bank Dunia tidak lagi memberi pinjaman murah pada Indonesia menyusul keberhasilan Indonesia masuk dalam negara berpenghasilan menengah.


Indonesia, which has been receiving concessional loans from IDA International Development Association in the form of subsidies and grants, now received loans as a medium-income country from the IBRD International Bank for Reconstruction and Development.


This is a reflection of Indonesia's success in the management of its economy.


Indonesia is now regarded as a mature middle-income country, Joachim said in Jakarta Wednesday.


Nevertheless, he added, a World Bank loan is more favorable to Indonesia compared to the issuance of international bonds.


Indonesia would derive many advantages from World Bank loans, and we are also trying to make them increasingly advantageous to Indonesia.


Ada banyak keuntungan bagi Indonesia untuk meminjam dari Bank Dunia dan kami selalu berusaha membuatnya lebih menguntungkan indonesia.


The interest rate of our products is 50 basis points above the fluctuating LIBOR, but still lower than market interest rates.


If Indonesia goes to the international market, it will find that interest rates ranged from 100 to 200 basis points above LIBOR.


The World Bank also offers longer borrowing and grace periods, Joachim said.


He said the World Bank is currently trying to make its products increasingly interesting to its members, including the possibility of the lowering of its loan interest rate.


Indonesia's outstanding World Bank loans under the IBRD scheme in the 1967-2006 period had reached 7.424 billion US dollars, and under the IDA scheme 1.323 billion US dollars.


Outstanding pinjaman luar negeri Indonesia dari Bank Dunia sejak 1967-2006 mencapai 7,424 miliar dolar AS dalam skema IBRD dan 1,323 miliar dolar AS dalam skema IDA


Germany has converted an Indonesian debt of Euro 50 million into a health program fund dubbed Debt2Health Program to fight three deadly diseases, a report said.


Pemerintah Jerman bersedia untuk mengkonversi utang Indonesia senilai 50 juta euro untuk program kesehatan memerangi AIDS, TBC, dan Malaria debt swap conversion for health.


Indonesian Ambassador to Germany Makmur Widodo, German Development Minister Heidemarie Wieczorek-Zeul and Global Fund Executive Director Michel Kazatchkine signed the debt swap in Berlin on September 26 in conjunction with the opening of Global Fund donors' conference, the Global Fund said in a statement made available here Thursday.


Siaran pers lembaga keuangan untuk kesehatan Global Fund yang diterima ANTARA, Kamis, menyebutkan penandatanganan kesepakatan tersebut terjadi di Berlin, Jerman pada 26 September 2007 yang dilakukan oleh Menteri Pembangunan Jerman Heidemarie Wieczorek-Zeul, Duta Besar RI untuk Jerman Makmur Widodo, dan Direktur Eksekutif Global Fund Michel Kazatchkine.


The debt conversion required Indonesia to invest half of the debt value in various national health projects to combat AIDS, tuberculosis and malaria through the Debt2Health Program.