The newly-set up ammonia company has a deposit of 60 million RMB in capital money which 30 percent came from Lautan Luas Singapore Pte. Ltd. and 70 percent from Hongze Yinzhu Chemical Industry Group Co. Ltd., corporate secretary Herman Santoso told Capital Market Supervisory Body-Financial Institution Bapepam-LK chairman here on Monday.


Sekretaris Perusahaan Lautan Luas, Herman Santoso, dalam laporannya kepada Ketua Bapepam-LK di Jakarta, Senin, mengatakan perusahaan baru tersebut memproduksi amoniak terletak di Hong Ze, China dengan total modal dicatatkan sebesar 60 juta RMB terdiri dari Lautan Luas Singapore Pte. Ltd. 30 persen dan Hongze Yinzhu Chemical Industry Group Co. Ltd. 70 persen.


Through Lautan Luas Singapore Pte. Ltd., LTLS also set up a new trading company in China Lautan Luas Trading Shanghai Co. Ltd. with a total investment value of 2.8 million RMB.


Sebelumnya, melalui anak perusahaan yang sama, perseroan juga telah mendirikan perusahaan perdagangan baru di China, yaitu Lautan Luas Trading Shanghai Co. Ltd. dengan total investasi 2,8 juta RMB dan modal dicatatkan 2 juta RMB.


Herman Santoso said China Lautan Luas Trading Shanghai Co. Ltd.'s total share has been owned by Lautan Luas Singapore Pte. Ltd. which deals with distributor, trading, services and export import sectors.


Menurut Herman, saham perusahaan tersebut seluruhnya 100 persen dikuasai oleh Lautan Luas Singapore Pte. Ltd., bergerak di bidang usaha distributor, trading, services dan ekspor impor bertujuan untuk memperkuat jaringan usaha PT Lautan Luas Tbk.


Insurance firm PT Asuransi Bina Dana Arta ABDA said on Monday it had sold its 16 million shares in reinsurance firm PT Maskapai Reansuransi Indonesia MREI to strengthen its cash flow.


PT Asuransi Bina Dana Arta ABDA telah menjual kepemilikan saham di PT Maskapai Reasuransi Indonesia MREI sebesar 5,07 persen atau sebanyak 16 juta lembar saham.


ABDA sold the shares which accounted for 5.07 percent of MREI's shares for Rp125 each on April 4, ABDA President Director Robert Sutanto said in a report to the Jakarta Stock Exchange.


Menurut Robert, penjualan saham dilakukan pada 4 April lalu dengan harga Rp125 per saham atau total Rp2 miliar, penjualan saham tersebut semua kepemilikan ABDA di MREI.


As of March 31, 25.25 percent of MREI's shares was owned by ABN Amro Singapore, 19.69 percent by AJB Bumiputera, 5.07 percent by ABDA, 5.98 percent by Felicity Gold Corp., 21.01 percent by Great Transamerican Strand Investment, 5.07 percent by Income Holding and the rest by the public.


Jumlah saham yang beredar MREI mencapai 315,467 juta saham dan komposisi kepemilikannya per 31 Maret 2007 terdiri dari ABN Amro Singapura sebesar 25,25 persen; AJB Bumiputera 19,69 persen; ABDA 5,07 persen; Felicity Gold Corp. 5,98 persen; Great Transamerican Strand Invesment 21,01 persen; Income Holding 5,07 persen dan sisanya masyarakat.


Indonesian rating agency Pefindo has assigned an AA- rating stable outlook to Rp2 trillion worth of bonds publicly-listed cellular phone operator PT Excelcomindo Pratama Tbk plans to issue this year.


Pemeringkat Efek Indonesia Pefindo memberikan rating AA- AA minus untuk PT Excelcomindo Pratama Tbk dan rencana obligasi 2007 sebesar Rp2 triliun.


The rating reflected good telecommunication industry, stable market position amid increasing competition and majority shareholders' stronger profile, Pefindo analysts Salyadi Saputra and Hendro Utama said in a report to the Jakarta Stock Exchange here on Monday.


Analis Pefindo Salyadi Saputra dan Hendro Utama dalam laporannya ke BEJ di Jakarta Senin mengatakan, peringkat tersebut mencerminkan industri telekomunikasi yang baik, posisi pasar perusahaan yang stabil di tengah kompetisi yang semakin ketat dan profil pemegang saham mayoritas yang lebih kuat.


Yet the company's need for large amounts of funds to expand business and high exposure to foreign currency risks would slightly affect the rating, Pefindo said.


Namun keuntungan-keuntungan tersebut sedikit dihambat oleh kebutuhan dana yang besar untuk melanjutkan ekspansi dan tingginya eksposure perusahaan terhadap risiko mata uang asing.


Since it started operatinng in October 1996, Excelcomindo has managed to maintain its position as Indonesia's third biggest cellular operator after Telkomsel and Indosat, it said.


Sejak beroperasi pada Oktober 1996, Excelcomindo telah secara konsisten mampu mempertahankan posisinya sebagai operator seluler terbesar ketiga di Indonesia setelah Telkomsel dan Indosat, katanya.


In 2006, Excelcomindo was 59.63 percent owned by Indocel Holding Sdn Bhd, 16.81 percent by Khazanah Nasional Bhd, 15.97 percent by Radjawali Corpora, 7.38 percent by AIF and 0.21 percent by the public.


Pada tahun 2006 pemegang saham Excelcomindo adalah Indocel Holding Sdn Bhd 59,63%, Khazanah Nasional Bhd 16,81% dan Radjawali Corpora 15,97%, AIF 7,38% dan publik 0,21%.


State coal mining company PT Tambang Batubara Bukit Asam Tbk said on Wednesday its net profit in the first quarter of 2007 jumped 184.58 percent to Rp198.75 billion from the same period of 2006.


Perusahaan penambangan batubara milik negara PT Tambang Batubara Bukit Asam Tbk PTBA, menyatakan dalam kwartal pertama yang berakhir Maret 2007 berhasil membukukan laba bersih Rp198,75 miliar, atau melonjak 184,58 persen dibanding periode sama tahun lalu Rp69,84 miliar.


Net sales in the three months ended on March 31 rose to Rp957.44 billion from Rp723.76 billion in the same period a year earlier, the company's quarterly financial report shows.


Laporan keuangan kwartalan perseroan yang dipublikasikan di Jakarta, Rabu, memperlihatkan pertumbuhan laba bersih yang signifikan tersebut didorong oleh penjualan bersihnya yang meningkat dari Rp723,76 miliar pada kwartal pertama 2006 menjadi Rp957,44 miliar pada kwartal pertama 2007.


The increase in net sales pushed up operational profit to Rp240.72 billion in the January-March 2007 period from Rp119.58 billion in the same period of last year and consequently, earning per share increased to Rp86 from Rp30.


Dalam kurun waktu yang sama, laba usaha perseroan juga terangkat dari sebelumnya Rp119,58 miliar menjadi Rp240,72 miliar, dan laba bersih per saham Earning Per Share-EPS perseroan meningkat dari sebelumnya Rp30 menjadi Rp86.


Bukit Asam posted a net profit of Rp485.60 billion last year, up by 4 percent from Rp467.06 billion a year earlier.


Sementara pada 2006 PT Tambang Batubara Bukit Asam Tbk berhasil membukukan pertumbuhan laba bersih sebesar empat persen menjadi Rp485,60 miliar dibandingkan dengan periode tahun sebelumnya sebesar Rp467,06 miliar.


Bank Indonesia BI Deputy Governor Budi Rochadi said the national shipping industry had so far only received a relatively small amount of credits from banks, namely Rp7 trillion or just 0.8 percent of the overall amount of credits banks had issued.


Deputi Gubernur Bank Indonesia BI Budi Rochadi mengatakan peran perbankan dalam pembiayaan industri perkapalan nasional masih kecil, yaitu sekitar 0,8 persen dari total kredit perbankan atau sekitar Rp6,7 triliun.


The amount of bank credits extended to the shipping industry is still small because the banks still consider the industry a risky one, Budi Rochadi said when opening a workshop on national shipping financing at the BI building here on Wednesday.


Pembiayaan perbankan masih kecil karena perbankan belum tahu, selama ini risiko industri ini dianggap besar, kata Budi Rochadi saat membuka Workshop Pembiayaan Armada Pelayaran Nasional di Gedung BI Jakarta, Rabu.


He said national shipping companies were having no problem with their income because their cargo transport services were contract-based.


Padahal, tambahnya, dengan adanya perjanjian berbasis kontrak contract based untuk jasa pengiriman barang, maka tidak ada masalah lagi terkait dengan pendapatan dari perusahaan pelayaran nasional tersebut.


Budi said the amount of bank credits really needed by the national shipping industry was Rp27.6 trillion.


Jumlah tersebut, menurut dia, masih jauh dari kebutuhan akan pembiayaan pengembangan armada nasional yang mencapai Rp27,6 triliun hingga 2009.


Where collateral is concerned, I don't think shipping companies will have problems in this matter because banks already have standing procedures, he said.


Masalah jaminan itu biasa karena bank punya prosedurnya, saya kira perusahaan pelayaran tidak punya masalah memenuhi syarat jaminan-red, kata Budi.


He said the central bank would serve as a bridge between banks and shipping companies so that the latter could get more financing while banks would feel more secure.


Ia mengatakan BI akan menjembatani agar pengusaha mendapatkan pembiayaan dan bank merasa aman dalam membiayai.


Budi also said up to now, almost 50 percent of domestic cargo shiiping was still controlled by foreign shipping firms while in the transportation of export and import goods, the share of national shipping companies was only about five percent.


Menurut Budi, saat ini hampir 50 persen muatan dalam negeri masih diangkut oleh armada kapal asing dan porsi armada pelayaran nasional untuk muatan ekspor impor hanya lima persen.


He said until March 2007, the number of ships operated by national shipping companies had increased by only 18.14 percent to 7,137 units with a carrying capacity of seven million gross tons.


Dia juga mengatakan hingga Maret 2007 jumlah armada kapal nasional meningkat hanya 18,14 persen menjadi 7.137 unit dengan kapasitas armada sebesar tujuh juta gross ton.


Based on the roadmap for the implementation of Presidential Instruction No. 5 / 2005, all foreign ships providing domestic cargo transportation services in Indonesia should be replaced with vessels flying the Indonesian flag.


Padahal, berdasarkan roadmap implementasi Inpres Nomor 5 Tahun 2005, semua angkutan laut dalam negeri oleh armada asing harus sudah diganti dengan kapal berbendera Indonesia.


He said of the 13 commodities which should be transported by ships flying the Indonesia flag by 2010, four were still being transported by foreign vessels, namely coal, oil, liquids and farm produce.


Dia menambahkan dari 13 komoditas yang wajib diangkut kapal berbendera Indonesia sampai 2010 sampai saat ini masih ada empat komoditas domestik yang boleh diangkut kapal asing yaitu batubara, minyak, barang cair lain, dan hasil pertanian.


In the meantime, Oentoro Surya, chairman of the Indonesia National Shipowners Association, said national shipping companies were constantly suffering opportunity losses because foreign companies dominated domestic commodity transportation which reached a value of US$17 billion.


Menurut dia, oportunity loss kehilangan kesempatan dikarenakan masih dominannya kapal-kapal asing untuk pengangkutan komoditas domestik mencapai 17 miliar dolar AS per tahun.


Maxis Communications Bhd of Malaysia has increased its stake in cellular phone operator firm PT Natrindo Telepon Selular NTS to 95 percent by buying 44 percent of Lippo Group's shares in NTS, an NTS spokesperson said.


Maxis Communications Bhd menambah kepemilikan sahamnya di operator seluler PT Natrindo Telepon Seluler NTS menjadi 95 persen setelah membeli sekitar 44 saham Kelompok Lippo di perusahaan itu.


NTS head of corporate communications Anita Avianty confirmed here Wednesday Maxis's acquisition of the shares of Lippo Group which had a majority stake in NTS.


Head of Corporate Communications NTS, Anita Avianty di Jakarta, Rabu, membenarkan adanya penambahan saham Maxis di NPS yang sebelumnya mayoritas dimiliki kelompok Lippo.


Celularnews.com on Tuesday reported the selling of 44 percent of Lippo Group's stake worth US$123.9 million in NTS to Kuala Lumpur-based Maxis.


Sebelumnya Celularnews.com pada Selasa 24/4, melansir telah terjadi penjualan saham Lippo di NTS sebesar 44 persen atau senilai 123,9 juta dolar AS.


Meanwhile, Communication and Information Minister Sofyan Djalil said NTS had informed his office of the sale, the Maxis's dominant position in NTS would not be a problem, the minister said.


Sementara itu Menkominfo Sofyan Djalil mengatakan NTS telah melaporkan pada Depkominfo terkait penjualan saham tersebut dan dominasi saham Maxis tidak menjadi masalah.


Clauses in Government Regulation No.20/1994 allow a foreign firm to control up to 95 percent of a domestic telecommunication company, he said after the launch of e-Indonesia Initiative Forum here Wednesday.


Peraturan kita memungkinkan pemilikian saham asing di perusahaan telekomunikasi maksimal hingga 95 persen, itu berdasarkan PP Nomor 20 Tahun 1994, ujar Sofyan setelah acara e-Indonesia Initiative Forum di Jakarta, Rabu.


Lippo Group sold its stake in NTS to Maxis after it failed to develop telecommunication infrastructure although the cellular phone operator had obtained an operation license three years ago, he said.


Menurut Sofyan dasar pengalihan saham karena mitra NTS hingga kini belum bisa menggelar pembangunan infrastruktur setelah perusahaan itu memperoleh lisensi layanan seluler sekitar tiga tahun lalu.


Maxis had said it would invest $500 million in the next one year to set up a telecommunication network as stipulated by the Indonesian government.


Mereka juga menyatakan akan menginvestasi sekitar 500 juta dolar AS selama satu tahun ke depan untuk penggelaran jaringan sesuai yang ditetapkan pemerintah, kata Sofyan.


NTS has so far provided people in East Java with 12,000 cellular phone lines.


Seperti diketahui, NTS selama ini memberi layanan seluler di wilayah Jawa Timur dengan jumlah pelanggan saat ini sekitar 12 ribu sambungan.


Bank International Indonesia Tbk BII's net profit in the first quarter this year dropped 34.6 percent to Rp115 billion from Rp176 billion in the same period last year, its president director, Henry Ho, said in a press statement received here on Wednesday.


Laba bersih Bank Internasional Indonesia Tbk BII triwulan I 2007 sebesar Rp115 miliar, turun 34,6 persen dibandingkan periode yang sama tahun sebelumnya Rp176 miliar, demikian ungkap siaran pers BII yang diterima ANTARA, Rabu.


The drop was the result of a decline in credit margin caused by intensive market competition since March 2006 and competition for third party funds and a shift in the public's saving pattern from saving accounts to deposits, he said.


Penurunan laba bersih itu disebabkan antara lain oleh turunnya margin kredit akibat persaingan pasar yang semakin intensif sejak Maret 2006, serta persaingan dalam memperoleh dana pihak ketiga yang dibarengi dengan pergeseran simpanan dari tabungan dan giro ke deposito.


Although competition is increasing, our business remains ensured especially after passing a difficult time in 2006.


Meskipun persaingan meningkat, bisnis kami tetap bertahan khususnya setelah melewati 2006 yang sulit.


Source of income growth, various important programs and initiatives that have been implemented have already yielded results and we hope there will be a significant improvement in performance until the end of this year, he said.


Sumber pertumbuhan pendapatan, berbagai program dan inisiatif penting yang telah diimplementasikan mulai memperlihatkan hasil dan kami mengharapkan peningkatan kinerja yang signifikan hingga akhir 2007, kata Dirut BII, Henry Ho dalam siaran pers itu.


The bank's net income from interest was also down eight percent to Rp620 billion as a result of a hike in the non-performing loan ratio in the year before.


Untuk pendapatan bunga bersih NII, mereka juga mencatat penurunan 8 persen menjadi Rp620 miliar, yang merupakan pengaruh dari kenaikan rasio kredit bermasalah NPL pada tahun sebelumnya.


BII however has successfully increased its credit distribution to reach Rp26.489 billion which was a rise of 14 percent compared to Rp23.190 billion recorded in the same period last year.


Meski demikian, BII berhasil meningkatkan penyaluran kredit mereka hingga Rp26,489 miliar atau naik 14 persen dibanding periode yang sama tahun lalu, Rp23,190 miliar.


The credit growth mainly came from the small-and medium-business/commercial sector which grew 33 percent, he said.


Pertumbuhan kredit terutama berasal dari sektor UKM/komersial yang tumbuh 33 persen, ungkap siaran pers itu.


The bank's credit composition now is 33 percent for consumer, 39 percent for small-and medium-business/commercial sector, and 28 percent for corporations.


Dengan demikian, komposisi kredit BII menjadi: konsumer 33 persen, UKM/komersial 39 persen, dan korporasi 28 persen.


Its Lending-to-Deposit Ratio rose from 57.49 percent last year to 58.44 percent in March this year.


Dan rasio kredit terhadap simpanan LDR naik dari 57,49 persen pada tahun lalu menjadi 58,44 persen pada Maret 2007


Total clients' deposits also went up four percent from Rp35.1 billion in the first quarter last year to Rp36.356 billin in the first quarter this year.


Sedangkan total simpanan nasabah juga naik 4 persen dari Rp35,1 miliar pada triwulan I/2006 menjadi Rp36,356 miliar pada triwulan I/2007.


The bank also recorded its net non-performing loan ratio rose from 2.13 percent in the first quarter in 2006 to 3.89 percent this year.


Walaupun mencatat kenaikan pertumbuhan penyaluran kredit, mereka juga mencatat kenaikan pada rasio kredit bermasalah NPL netto dari 2,13 persen pada triwulan I/2006 menjadi 3,89 persen pada tahun ini.


The rise in the NPL was the impact of last year's situation when inflation hike, lowering consumers' confidence, hike in minimum credit card payment and less conducive economic situation has made credit quality to drop, he said.


Kenaikan NPL terutama disebabkan oleh dampak lanjutan dari 2006 dimana kenaikan inflasi, rendahnya tingkat kepercayaan konsumen, naiknya pembayaran minimum kartu kredit dan kondisi ekonomi yang kurang kondusif berdampak pada penurunan kualitas kredit selama 2006, ungkap siaran pers itu.


He said the bank would continue to expand its market by launching various initiatives and programs especially early this year to benefit from the improving economy.


Henry Ho mengungkapkan, pihaknya akan terus berupaya meningkatkan pangsa pasar melalui peluncuran sejumlah inisiatif dan program, khususnya di awal tahun untuk memanfaatkan momentum membaiknya ekonomi.


Publicly-listed cellular phone operator PT Excelcomindo Pratama Tbk XL has decided to allocate Rp67 billion of its 2006 profit to pay out dividends.


Rapat umum pemegang saham RUPS PT Excelcomindo Pratama Tbk XL di Jakarta, Kamis memutuskan untuk membagikan dividen untuk tahun buku 2006 sebesar Rp67 miliar atau Rp9 per saham.


The dividends will be paid out starting on June 11, 2007, Execlcomindo President Director Hasnul Suhaimi said following the general meeting of the company's shareholders here on Thursday.


Pembagian dividen tersebut dilakukan pada 11 Juni 2007, kata Presiden Direktur XL, Hasnul Suhaimi.


Excelmindo posted a net profit of Rp652 billion last year after suffering a loss of Rp224 billion the year before.


Sedangkan laba bersihnya Rp652 miliar atau membaik dibandingkan sebelumnya yang merugi Rp224 miliar.


The company has set aside US$700 million to increase the number of its base transceiver stations BTS to 10,000-11,000 from 7,260 in 2006.


Sementara itu Direktur Network, Dian Siswarini, mengatakan perseroan akan menambah jumalah BTS base tranceiver stations dari 7.260 BTS pada 2006 menjadi 10.000 sampai 11.000 BTS.


Dengan penambahan BTS ini kami berharap pelanggan XL bertambah menjadi 13-14 juta pelanggan pada akhir 2007 dari sebelumnya 9,5 juta pelangan pada 2006, katanya.


Finance Minister Sri Mulyani expressed confidence that the country's economic conditions in the first quarter of 2007 will be quite conducive so that there was hope the various economic indicators in the period would work out as projected.


Menteri Keuangan Sri Mulyani menyatakan keyakinannya bahwa kondisi makro ekonomi selama kwartal I 2007 sangat kondusif sehingga berbagai indikator yang telah ditetapkan untuk kwartal I 2007, akan tercapai.


As to economic growth, we are quite optimistic about the economy expanding in the range of 5.7 percent to 5.9 percent, she said following a meeting at the Bank Indonesia building here on Wednesday.


Untuk growth, kami rasanya cukup optimis akan mencapai growth sesuai dengan range pemerintah antara 5,7 hingga 5,9 persen, kata Sri Mulyani usai pertemuan di Gedung Bank Indonesia BI Jakarta, Kamis.


Based on the monitoring of early indicators discussed at the meeting, macro economic conditons were quite conducive as reflected by manageable inflation, among others, she said.


Menurut dia, dari berbagai pemantauan indikator dini yang dibahas bersama pihak BI, menunjukkan kondisi makro ekonomi yang sangat kondusif yang ditunjukkan antara lain dengan inflasi yang terkendali.


We will still keep a watch on rice prices, but it seems that in April and May the rice market will be better than earlier, she said.


Kita masih akan mewaspadai harga beras, tapi tampaknya bulan April-Mei ini mungkin kita bisa berharap angkanya lebih baik dari sebelumnya, katanya.


The indicators in the real sector monitored through value added tax and income tax payments and trade flows showed an upward trend particularly in March, she said.


Indikator di sektor riil yang dipantau melalui pembayaran Pajak Pertambahan Nilai PPN, Pajak Penghasilan PPh, dan arus perdagangan, lanjut Menkeu, menunjukkan trend membaik terutama pada bulan ketiga Maret.


The government's expenditures on goods and capital in the first quarter of 2007 were higher than those in the same periods in the past two years, she said.


Pengeluaran pemerintah untuk belanja barang dan modal pada kwartal I, menurut Menkeu, lebih tinggi dari periode yang sama pada 2 tahun terakhir, dengan catatan tidak memasukkan program luncuran carry over.


Overall, there seems to be improvements in the aggregate composition, such as public consumption which grew by up to 10 percent, investment which rose by more than 10 percent, the government's spending which exceeded that of the first quarter of last year, and exports which grew by more than 19 percent.


Jadi secara umum nampaknya sudah ada perbaikan dari komposisi agregat, seperti konsumsi masyarakat yang meningkat sampai 10 persen, investasi di atas 10 persen, pengeluaran pemerintah yang lebih tinggi dibanding kwartal I tahun lalu, ekspor mencapai di atas 19 persen.


All these imply that the economy is likely to expand in the government range of 5.7 percent to 5.9 percent, she said.


Kita akan lihat nanti angka yang dilaporkan BPS, tapi kelihatannya inflasi stabil bahkan nilai tukar cenderung menguat karena capital inflow masih sangat kuat.


Sri Mulyani further said to know the actual developments in the first quarter of 2007, the BPS would make public its statistical data probably in mid May.


Laju pertumbuhan tersebut lebih tinggi dari laju pertumbuhan produk domestik bruto PDB di kuartal yang sama 2006 yang hanya mencapai 4,98 persen, kata Anggito.


So, in general, our macro stability will be kept in check, she said.


Jadi secara umum kondisi stabilitas makro kita akan tetap jaga, katanya.


On the deficit in the state budget in the first quarter of 2007, the minister said during the period the government had issued foreign currency bonds, retail bonds and regular state debentures, leading to a surplus in state funds.


Mengenai defisit pada kwartal I 2007, Sri Mulyani menyatakan, pada kwartal pertama pemerintah telah menerbitkan surat utang termasuk obligasi valas, obligasi ritel, dan surat utang reguler, sehingga pembiayaan pemerintah dalam posisi surplus.


Earlier, Anggito Abimanyu, chief of the fiscal policy board at the Finance Ministry, said the economy was projected to expand in the range of 5.7 percent to 5.9 percent in the first three months of 2007.


Sebelumnya Kepala Badan Kebijakan Fiskal BKF Departemen Keuangan, Anggito Abimanyu juga memaparkan proyeksi pertumbuhan ekonomi kuartal I 2007 akan mencapai kisaran 5,7 hingga 5,9 persen.


He said public consumption was expected to contribute 3.6 - 4.1 percent to economic growth, government consumption 4.5-5 percent, investment 6.0-6.5 percent, exports 14-15 percent and imports 11-12 percent.


Menurut dia, peningkatan tersebut didorong oleh perbaikan kinerja konsumsi masyarakat 3,6 - 4,1 persen, konsumsi pemerintah 4,5 - 5,0 persen, investasi 6,0 - 6,5 persen, ekspor 14,0 -15 persen, dan impor 11,0 - 12,0 persen.


State-owned Bank Rakyat Indonesia BRI said on Thursday its net profit in the first quarter of 2007 slightly rose 4.46 percent to Rp1.225 trillion from the same period a year earlier.


PT Bank Rakyat Indonesia Tbk BRI mencatat kenaikan laba bersih 4,64 persen pada kuartal pertama 2007 menjadi Rp1,225 triliun dibandingkan periode sama sebelumnya.


The net profit was driven by a 13.43 percent rise in interest income to Rp5.59 trillion, BRI President Director Sofyan Basir said.


Pertumbuhan laba bersih tersebut didukung oleh kenaikan pendapatan bunga sebesar 13,43 persen menjadi 5,59 triliun.


He said nearly 76.99 percent of the interest income came from lending interest.


Pendapatan bunga ini sebagian besar 76,99% diperoleh dari bunga pinjaman, kata Direktur Utamal BRI, Sofyan Basir di Jakarta, Kamis.


The bank also saw a 19.17 percent increase in its credit portfolio to Rp91.059 trillion, raising its loan-to-deposit ratio LDR to 74.7 percent, well above the national average of 64.53 percent, he said.


Sementara itu BRI juga mencatat kenaikan portofolio kredit sebesar Rp14,65 triliun 19,17% menjadi Rp91,059 triliun, Dengan demikian rasio kredit terhadap dana pihak ketiga LDR menjadi 74,7 persen.


Over the period the bank raised third party funds totaling Rp121.898 trillion, up 24.7 percent or Rp24.176 trillion from the same period a year earlier, he said.


Sedangkan dana pihak ketiga yang berhasil dihimpun sebesar Rp121,898 triliun atau naik Rp 24,176 triliun 24,7%.


Publicly-listed PT Bank Danamon Indonesia announced on Thursday its consolidated net profit after tax in the first three months of 2007 nearly doubled to Rp482 billion from the same period last year, driven by an increase in income from its operations.


Bank Danamon Tbk. berhasil membukukan laba bersih pada triwulan I/2007 sebesar Rp482 miliar, naik 92 persen dari perolehan pada periode yang sama tahun lalu, Rp251 miliar.


The bank recorded an operating income of Rp2,163 billion in the first quarter of 2007, 41% higher than Rp 1,539 billion in the same period last year.


Dengan demikian, tambahnya, pihaknya mencatat kenaikan pendapatan operasional 41 persen dari Rp1,539 triliun pada triwulan I/2006 menjadi Rp2,163 triliun pada periode yang sama tahun ini.


Publicly-listed mining company PT Tambang Batubara Bukit Asam PTBA along with pension fund firm Dana Pensiun Bukit Asam DPBA set up a joint venture company PT Bukit Asam Prima BAP, a spokesperson said.


PT Tambang Batubara Bukit Asam Tbk PTBA bersama Dana Pensiun Bukit Asam DPBA mendirikan sebuah anak perusahaan, PT Bukit Asam Prima BAP di Jakarta, yang bergerak di bidang usaha pembelian batubara, pengangkutan, penanganan dan pemasaran batubara.


PTBA controls 99 percent while DPBA 1 percent of shares of BAP which deals with coal purchase, transportation, management and marketing affairs, PTBA corporate secretary Eko Budhiwijayanto said here Friday.


Menurut Sekretaris Perusahaan PTBA Eko Budhiwijayanton, di Jakarta, Jumat, perseroan menjadi pemegang saham mayoritas 99 persen sedangkan sisanya 1 persen dikuasai oleh DPBA dari total modal disetor dan ditempatkan Rp45 miliar, dimana masing-masing pihak menggunakan dana milik sendiri.


PT Tambang Batubara Bukit Asam also has two other subsidiaries namely PT Batubara Bukit Kendi which has operated in Tanjung Enim district in South Sumatra and PT Bukit Pembangkit Innovative in Lahat district also in South Sumatra, PTBA controls 75 percent of PT Batubara Bukit Kendi's total shares and 41 percent of PT Bukit Pembangkit Innovative's stakes.


Saat ini, selain PT BAP, PTBA sebelumnya sudah memiliki dua anak perusahaan, masing-masing PT Batubara Bukit Kendi yang bergerak di bidang usaha penambangan batubara di wilayah Tanjung Enim, Sumatera Selatan, dengan penguasaan saham oleh perseroan sebesar 75 persen.


PT Bukit Pembangkit Innovative is a consortium to build and operate a 2x100 MW steam power plant in Banjarsari area in Lahat district.


Sedangkan satunya lagi adalah PT Bukit Pembangkit Innovative, yaitu sebuah konsorsium untuk pembangunan dan pengoperasian PLTU Banjarsari 2x100 MW di wilayah Lahat, Sumatera Selatan.


PT Tambang Batubara Bukit Asam is a sole supplier of 1.15 million tons of coal to PT Bukit Pembangkit Innovative a year.


Selain menguasai 41 persen sebagai pemegang saham terbesar dalam konsorsium tersebut, PTBA juga ditetapkan sebagai pemasok tunggal bahan bakar batubara yang setahunnya mencapai sekitar 1,15 juta ton, papar dia.


The proposed Banjarsari steam power plant is expected to meet electricity demand in southern part of Sumatra in 2010.


Saat ini progres proyeknya berada pada tahap penentuan kontraktor yang akan membangun konstruksinya, dan ditargetkan pada tahun 2010 sudah mulai beroperasi untuk masuk ke interkoneksi jaringan listrik PLN di Sumbagsel, ungkap Eko.


The U.S. dollar briefly rose to the upper 119 yen range Friday morning in Tokyo as the release of soft Japanese inflation data for March raised expectations that the Bank of Japan will not hike interest rates in the near future.


Dolar AS diperdagangkan di kisaran atas 119 yen pada awal transaksi Jumat, di Tokyo, sementara euro masih mendekati rekor tertinggi pada kisaran tengah 162 yen yang tercipta selama perdagangan tadi malam di luar negeri, kata para dealer.


At noon, the dollar was quoted at 119.53-58 yen, compared with Thursday's 5 p.m. quotes of 119.53-63 yen in New York and 118.92-95 yen in Tokyo.


Pada pukul 09.00, dolar dikutip pada 119,52-57 yen, dibandingkan dengan Kamis pukul 17.00 yang dikutip pada 119,53-63 yen di New York dan 118,92-95 yen di Tokyo.


The euro was quoted at $1.3595-3600 and 162.57-62 yen against Thursday's 5 p.m. quotes of $1.3596-3606 and 162.55-65 yen in New York and $1.3638-3641 and 162.21-25 yen in Tokyo.


Euro dikutip pada 1,3593-3594 dolar dan 162,51-56 yen terhadap Kamis pukul 17.00 yang dikutip pada 1,3596-3606 dolar dab 162,55-65 yen di New York serta 1,3638-3641 dolar dan 162,21-25 yen di Tokyo.


Publicly listed building construction company PT Truba Alam Manuggal Engineering TRUBE has through its Singapore-based subsidiary Tame Turnkey Contracting Pte. Lted., won a contract for the construction of several units of steam power plants PLTU, Corporate Secretary Jenty Tjandradjaja, said in a report to the Jakarta Stocks Exchange here on Monday.


Perusahaan konstruksi bangunan PT Truba Alam Manunggal Engineering Tbk TRUB melalui anak perusahaan yang dimiliki sepenuhnya oleh perseroan berkedudukan di Singapura, Tame Turnkey Contracting Pte. Ltd. telah memperoleh kontrak pembangunann beberapa unit pembangkit listrik.


Tjandradjaja said that Tame Turnkey Contracting signed an engineering procurement construction EPC contract on April 30, 2007 to act as contractor for four companies.


Sekretaris Perusahaan Truba, Jenty Tjandradjaja, dalam laporannya kepada Bursa Efek Jakarta BEJ di Jakarta, Senin, mengatakan pada 30 April 2007, Tame Turnkey Contracting Pte. Ltd. telah menandatangani EPC Engineering, Procurement, Contruction Contract untuk bertindak selaku kontraktor dengan empat buah perusahaan.


Previously, PT Central Pertiwi Bahari in its capacity as buyer and PT Central Daya Energi in its capacity as seller had also signed a contract for the development of a 2x30 MW PLTU in Lampung, TRUBE owns 19 percent shares in PT Central Daya Energi through its subsidiary PT Manuggla Power.


Sebelumnya, juga telah ditandatangani power purchasing agreement antara PT Central Pertiwi Bahari selaku pihak pembeli dengan PT Central Daya Energi, dimana perseroan memiliki 19 persen kepemilikan melalui anak perusahaan, PT Manunggal Power, selaku pemilik 2x30MW PLTU berlokasi di Lampung.


Besides, the company also has received a mandate from PT Central Proteinaprima to study the need for infrastructure of Dipasena company, Jenty said.


Selain itu, perseroan telah menerima mandat dari PT Central Proteinaprima Tbk untuk mengkaji kebutuhan infrastruktur Dipasena, tambah Jenty.


Deputy Governor of Bank of Indonesia Siti Fadjrijah said the central bank would see that International Accountancy Standards IAS 39 and 32 are applied to all financial institutions, including banks, by 2010 to create a stable financial system.


Deputi Gubernur BI, Siti Fadjrijah mengatakan pihaknya akan mewajibkan penerapan Standar Akuntansi Internasional IAS 39 dan 32 bagi lembaga keuangan termasuk perbankan pada 2010 untuk menciptakan stabilitas sistem keuangan.


If the IAS has been completed in 2009, the banks which have prepared themselves can start applying the standards in stages.


Kalau IAS sudah selesai pada 2009, maka bank yang sudah siap dapat menerapkan secara bertahap.


But this would be a must by 2010.


Tapi diwajibkannya pada 2010.


So for the time being, let us see the development of the completion of the IAS, she added.


Nanti kita lihat penyelesaian dari IAS dulu, kata Siti usai membuka sebuah seminar tentang sistem akutansi perbankan di Jakarta, Senin.


She said the central bank would also prepare Indonesian Banking Accountancy Guidelines PAPI after IAS has been adopted by the Association of Indonesian Accountants IAI.


Menurut Siti, pihaknya juga segera menyiapkan Pedoman Akuntansi Perbankan Indonesia PAPI setelah selesainya pengadopsian IAS oleh Ikatan Akuntansi Indonesia IAI.


We will cooperate with IAI to establish the PAPI which would make a fair value assessment once the guidelines are implemented, she said.


Kita akan kerjasama dengan IAI susun PAPI yang terkait dengan penilaian 'fair value', begitu ini menjadi pedoman itu akan diterapkan oleh perbankan, katanya.


Siti added that the bank wants to make sure that the standard imposed on the banking sector could serve as a basis of an effective financial calculation and improvement in market discipline through a transparent financial report.


Ia juga menjelaskan, pihaknya ingin memastikan standar akuntansi perbankan yang diterapkan perbankan akan dapat menjadi basis penghitungan keuangan yang efektif dan meningkatkan kedisiplinan pasar melalui laporan keuangan yang transparan.


She also reminded that the system that might improve the stability as a standard which is suitable to safe risk management and to make a risk projection and increase the market confidence and corporate management.


Dia juga mengingatkan sistem akuntansi yang dapat meningkatkan stabilitas finansial adalah standar akuntansi yang sesuai dengan praktek manajemen resiko yang aman, standar akuntansi yang bisa memberikan proyeksi resiko ke depan, dan standar akuntansi yang bisa meningkatkan kepercayaan pasar dan tata kelola korporasi.


The Export-Import Bank of Malaysia agreed to provide PT Destine Marine Indonesia DMI a loan of US$ 66 million at a 2.5 percent interest rate and payable in 3 years, an official has said.


Export-Import Bank of Malaysia mengucurkan kredit 66 juta dolar AS kepada PT Destini Marine Indonesia DMI dengan suku bunga pinjaman 2,5 persen per tahun dan jangka waktu pinjaman selama 3 tahun.


Today we have signed a loan agreement worth US$ 51.444 million of the total credit of $66 million, DMI president director Chairul Anhar said here Monday.


Hari ini kami telah tandangani loan agreement sebesar 51,444 juta dolar AS dari keseluruhan pinjaman 66 juta dolar AS, kata Presiden Direktur DMI, Chairul Anhar di Jakarta Senin.


The loan would be used in the building of two oil tankers ordered by state oil and gas company PT Pertamina.


Chairul mengatakan, fasilitas kredit dipergunakan dalam rangka pendanaan pembangunan dua unit oil tanker pesanan Pertamina.


The two tankers have a capacity of 30,000 DWT and 17,500 DWT respectively.


Satu unit dengan kapasitas total bobot mati 30.000 LTDW dan satu unit lagi dengan kapasitas 17.500 LDWT.


Under the contract dated February 8, 2007 signed by Pertamina and PT Dok & Perkapalam Kodja Bahari DKB shipyard, the two oil tankers were valued at $57.16 million.


Kedua unit kapal tersebut senilai 57,16 juta dolar AS, sesuai Shipbuilding Contract tanggal 8 Februari 2007 yang ditandatangani di Kantor Wapres RI antara Pertamina sebagai pembeli dengan DMI, dan PT Dok & Perkapalan Kodja Bahari DKB bersama-sama sebagai builder , katanya.


All the operational fund for DMI -- a joint venture set up by Indonesia and Malaysia two years ago -- has received support from the Malaysian Exim Bank.


Dia menambahkan DMI merupakan perusahaan patungan antara Indonesia dengan Malaysia yang sudah berdiri sejak dua tahun lalu.


Bank Indonesia central bank said on Tuesday it recorded a surplus of Rp31.01 trillion last year, up 91.90 percent from a year earlier.


Bank Indonesia BI di Jakarta, Selasa, menyatakan untuk tahun yang berakhir Desember 2006 berhasil membukukan surplus sebesar Rp31,01 triliun, atau meningkat 91,90 persen.


The surplus was contributed by extraordinary revenues as the bank's own revenues fell and its expenditures rose, the bank said in its yearly financial statement.


Laporan keuangan tahunan BI memperlihatkan, pertumbuhan surplus yang signifikan tersebut merupakan kontribusi dari penerimaan luar biasa, karena jumlah penerimaan BI periode tersebut justru menurun, sedangkan jumlah pengeluarannya malah meningkat.


The bank's own revenues stood at Rp31.26 trillion last year, down from Rp40.70 trillion the year before mainly due to a drop in revenues from monetary management services from Rp39.87 trillion to Rp22.61 trillion.


Jumlah penerimaan BI pada 2006 hanya Rp31,26 triliun, turun dibanding tahun sebelumnya yang mencapai Rp40,70 triliun, terutama akibat berkurangnya penerimaan dari pengelolaan moneter, yakni dari Rp39,87 triliun menjadi Rp22,61 triliun.


On the other hand, the bank's expenditures in 2006 jumped to Rp38.19 trillion from Rp24.54 trillion a year earlier as its monetary control expenses doubled to Rp32.99 trillion from Rp16.84 trillion.


Di sisi lain, jumlah pengheluaran BI pada periode tersebut justru meningkat dari semula Rp24,54 triliun menjadi Rp38,19 triliun, terutama disebabkan membengkaknya beban pengendalian moneter dari Rp16,84 triliun menjadi Rp32,99 triliun.


Because of the higher expenditures, the bank last year sufferred a deficit before extraordinary items of Rp6.92 trillion after enjoying a surplus before extraordinary items of Rp16.16 trillion the year before.


Akibat pengeluaran yang lebih besar daripada peneerimaan tersebut, BI pada 2006 mengalami defisit sebelum pos luar biasa Rp6,92 triliun, dibanding 2006 yang mengalami surplus sebelum pos luar biasa sebesar Rp16,16 triliun.


However, the bank's extraordinary revenues rose to Rp37.93 trillion last year, resulting in a surplus of Rp31.01 trillion.


Tetapi pada 2006 BI memiliki penerimaan luar biasa Rp37,93 triliun, sehingga secara keseluruhan masih membukukan surplus Rp31,01 triliun.


In the year ended December 31, 2006, the bank's liabilities rose to Rp674.90 trillion from Rp565.19 trillion a year earlier, fueled by an increase in the amount of state debentures to Rp250.25 trillion from Rp131.44 trillion.


Per 31 Desember 2006, jumlaha kewajiban BI terlihat meningkat menjadi Rp674,90 triliun dari periode sama 2005 sebesar Rp565,19 triliun, terutama didorong oleh meningkatnya surat utang yang diterbitkan dari Rp131,44 triliun menjadi Rp250,25 triliun.


The bank's equities meanwhile fell to Rp97.16 trillion last year from Rp130.23 trillion the year before.


Sementara jumlah ekuitasnya, dalam periode yang sama, menyusut dari semula Rp130,23 triliun menjadi Rp97,16 triliun.


Its total assets rose to Rp772.07 trillion last year from Rp695.42 trillion in 2005.


Namun jumlah harta BI pada 2006 terlihat meningkat menjadi Rp772,07 triliun dibanding 2005 sebesar Rp695,42 triliun.


State electricity company PT PLN will sell Rp3 trillion worth of bonds in July to strengthen its performance including to boost power-generating capacity, a report has said.


PT Perusahaan Listrik Negara PLN Persero, di Jakarta, Senin, mengatakan berencana menjual obligasi sebesar Rp3 triliun pada Juli untuk memperkuat modal kerjanya, terutama untuk pembelian bahan bakar.


The bonds would comprise Rp2.7 trillion conventional bonds and Rp300 billion sharia bonds which would be payable in 10 years, the company said in a report made available here Monday.


Obligasi yang akan ditawarkan tersebut terdiri dari Rp2,7 triliun obligasi konvensional dan Rp300 miliar obligasi syariah berjangka waktu 10 tahun.


The conventional bonds will be divided into to A serial and B serial which are respectively payable in 10 and 15 years.


Obligasi konvensional akan dipecah ke dalam Seri A dan Seri B masing-masing berjangka waktu 10 tahun dan 15 tahun.


PT PLN has named PT Danareksa Securities, PT Bahana Securities, PT Mandiri Securities, and PT Trimegah Securities to carry out the transaction.


PT PLN Persero telah menunjuk PT Danareksa Securities, PT Bahana Securities, PT Mandiri Securities, dan PT Trimegah Securities sebagai penjamin emisi obligasi tersebut.


The state electricity firm said bookbuilding period would begin on May 21 and last until June 12, 2007, The bonds will be offered on July 3-5, 2007.


Menurut PLN, masa bookbuilding atau kegiatan pengumpulan pemesanan akan dimulai pada Senin depan hingga 12 Juni 2007, sementara periode penawaran akan dilaksanakan pada 3-5 Juli 2007.


Singapore revised upwards its 2007 economic growth forecast Monday, surprising economists, after a strong 6.1 percent first quarter expansion.


Singapura merevisi ke atas proyeksi pertumbuhan ekonomi mereka menyusul pertumbuhan triwulan I/2007 yang mencapai 6,1 persen.


Financial services and construction led the gains in gross domestic product GDP during the first three months, the Ministry of Trade and Industry said.


Jasa Keuangan dan konstruksi memberi sumbangan terbesar pada pertumbuhan PDB pada tiga bulan pertama 2007, ungkap Kementerian Perdagangan dan Industri Singapura.


The 6.1 percent year-on-year growth figure for GDP, the value of all goods and services produced in the country, was slightly ahead of the preliminary 6.0 percent estimate.


Pertumbuhan PDB triwulan I/2007 year-on-year 6,1 persen itu sedikit berada di atas proyeksi awal 6,0 persen.


The Singapore economy started on a strong note, the trade ministry said, raising its 2007 GDP growth forecast to 5.0-7.0 percent from 4.5-6.5 percent.


Ekonomi Singapura dimulai dengan pertumbuhan yang kuat, kata Kementerian itu, yang menaikkan proyeksi PDB 2007 menjadi 5,0-7,0 dari sebelumnya 4,5-6,5 persen.


On a quarter-on-quarter seasonally adjusted annualised basis, first quarter GDP growth eased slightly to 7.6 percent compared with 7.9 percent in the fourth quarter of last year, it said.


Secara triwulanan, pertumbuhan PDB triwulan I menurun tipis menjadi 7,6 persen dari 7,9 pada triwulan 4 tahun lalu.


Growth in the first quarter was led by the financial services and construction sectors, the trade ministry said.


Pertumbuhan pada triwulan pertama didorong oleh jasa keuangan dan sektor konstruksi, kata mereka.


The manufacturing sector, however, continued to experience a moderation in growth .


Sedangkan, sektor manufaktur terus tumbuh secara moderat .


The 9.7 percent first quarter expansion in construction was the strongest in nine years, it said.


Ekspansi 9,7 persen di sektor konstruksi pada triwulan pertama adalah yang tertinggi dalam sembilan tahun terakhir.


Boom times have returned to the city-state's building industry after years of stagnation.


Saat keemasan telah kembali ke industri konstruksi gedung di Singapura setelah bertahun-tahun stagnan.


A rebound in property prices and the start of two multi-billion-dollar casino developments have also helped boost the sector.


Kenaikan pada harga properti dan dimulainya pembangunan dua kasino senilai miliaran dolar AS dianggap juga telah mendorong sektor ini.


Financial services expanded 13 percent in the first three months, particularly in the capital and money markets.


Jasa keuangan tumbuh 13 persen pada tiga bulan pertama, terutama di pasar saham dan uang.


Manufacturing grew 4.3 percent in the first quarter, a drop from 7.7 percent in the previous quarter, pulled down by a 5.0 percent decline in biomedical production and a 0.7 percent fall in precision engineering.


Sektor manufaktur tumbuh 4,3 persen pada triwulan I, turun dari 7,7 persen pada triwulan sebelumnya akibat penurunan 5,0 persen di produksi biomedis dan 0,7 persen pada teknis presisi.


Electronics grew 2.6 percent, recovering from a 4.1 percent decline in the fourth quarter last year, while transport engineering which includes offshore oil rigs expanded 23 percent, the ministry said.


Sektor elektronik tumbuh 2,6 persen, atau membaik dari penurunan 4,1 persen pada triwulan sebelumnya, sementara industri teknik pengangkutan, termasuk anjungan lepas pantai tumbuh 23 persen.


Manufacturing accounts for one third of Singapore's GDP which was valued at 210 billion dollars 140 billion US last year.


Sektor manufaktur menyumbang sepertiga PDB Singapura hingga mencapai 210 miliar dolar Singapura tahun lalu.


Wun said the electronics sector, a key contributor to exports from Southeast Asia's most advanced economy, appears to be bottoming out .


Situasi ekonomi global secara umum sehat, ungkap kementerian itu, seraya menambahkan indikator domestik ke depan juga diperkirakan akan naik.


We will take a look at adjustments in the context of all monetary instruments we have such as the BI rate, foreign exchange reserves and weekly auction.


Kita cermati nanti penyesuaian kebijakan dalam konteks semua. Kombinasi instrumen yang kita punya, seperti cadangan devisa kita lihat, BI rate kita lihat, lelang tiap minggu kita lihat.


If need be, we will consider the GWM.


Kalau diperlukan kita akan kaji dengan GWM.


We have many weapons so that we will adopt a good policy combination that will have a minimum negative impact and bring down the inflation rate, the central bank governor said.


Senjata kita banyak kita akan buat kombinasi yang bagus sehingga dampak negatifnya kecil, tetapi tujuan utamanya adalah mendorong penurunan inflasi ke depan, kata Gubernur BI Boediono di Jakarta, Kamis.


Previously, BI had projected the inflation rate this year at 4 - 6 percent and at 3.5 - 5.5 percent in 2009.


BI sebelumnya menargetkan laju inflasi pada tahun ini dalam kisaran 4 - 6 persen dan pada 2009 3,5 - 5,5 persen,


But until June, the year-on-year inflation rate has reached 11.03 percent.


namun hingga Juni laju inflasi tahun ke tahun sudah mencapai 11,03 persen.


Banks with a DPK of lower than Rp1 trillion are only required to meet the 5 percent GMW requirement.


Sementara bagi bank dengan DPK di bawah Rp1 triliun hanya dikenakan GMW 5 persen tanpa tambahan.


Data at BI show that until December 2007 the amount of GWM was Rp158.45 trillion and up to March 2008 it was recorded at Rp125.71 trillion.


Data BI menyebutkan nilai GWM sampai Desember 2007 sebesar Rp158,45 triliun, sementara hingga Maret 2008 turun menjadi Rp125,71 triliun.


Coordinating Minister for Economic Affairs/Finance Minister Sri Mulyani Indrawati said the rate at which foreign direct investment FDI plans in the Batam Bintan Karimun BBK region were being implemented was not satisfactory and therefore much needed to be done in various sectors to increase the rate.


Menko Perekonomian/Menkeu Sri Mulyani Indrawati menilai realisasi investasi asing langsung FDI di kawasan Batam Bintan Karimun BBK belum memuaskan, sehingga masih memerlukan perbaikan di sejumlah bidang.


Although we have already achieved good results, in my opinion, there are still a lot things which need to be improved.


Walaupun sudah baik, namun menurut saya masih cukup banyak yang harus diperbaiki lagi.


It's proven that the realization of FDI in BBK has not yet met the target, Minister Sri Mulyani said after a meeting at her office, here on Tuesday evening.


Buktinya sampai saat ini belum cukup, realisasi FDI-nya masih belum cukup untuk dibandingkan dengan target yang tadinya diharapkan, kata Sri Mulyani usai pertemuan di Kantor Menko Perekonomian Jakarta, Selasa malam.


She said the BBK region was earlier expected to attract foreign direct investments worth a total of around US$1 billion.


Ia menyebutkan, nilai investasi langsung yang masuk ke kawasan BBK dalam 3 tahun diharapkan mencapai 1 miliar dolar AS.


Some factors which had made the region unable to meet the target might include human resource quality, manpower policy, infrastructure, taxation, and customs and excises, she said.


Menurut dia, belum memuaskan nilai investasi langsung yang masuk kemungkinan berkaitan dengan berbagai hal, seperti kualitas tenaga kerja, kebijakan tenaga kerja, infrastruktur, kepabeanan, perpajakan, dan lainnya.


She called on concerned parties to hold regular meetings to deal with the problems.


Berbagai kemungkinan masalah ini harus segera dibereskan, katanya.


Vice President Jusuf Kalla said a state should provide a comprehensive financial report which, for example, included state budget, balance of payments, cash flow and other financial notes, not a report which looked like that of a merchandise shop.


Wakil Presiden Wapres M Jusuf Kalla menyatakan sudah seharusnya sebuah negara menyajikan laporan keuangan yang komprehensif dari mulai realisasi APBN, neraca, laporan arus kas dan catatannya, bukan seperti laporan keuangan toko seperti di masa lalu.


Speaking to a national working meeting on accountancy and government financial report here on Wednesday, the vice president referred to his disappointment when he was newly installed as vice president and received from the finance minister a financial report which he described as looking like that of a merchandise shop.


Wapres dalam Rakernas Akuntansi dan Pelaporan Keuangan Pemerintah di Jakarta, Rabu, menyatakan kekecewaannya di masa lalu ketika baru dilantik sebagai Wapres memperoleh laporan keuangan dari menteri keuangan Menkeu sama dengan laporan keuangan toko.


I remember when five days after I was installed I told the finance minister that I wanted to see the state's financial strength but what I received was a something similar to the financial report of a merchandise shop, he said.


Saya ingat betul lima hari setelah pelantikan saya katakan kepada Yusuf Anwar Menkeu saat itu -red saya ingin tahu berapa kekuatan keuangan kita ini, tapi kok yang saya terima itu sama dengan laporan keuangan toko, katanya disambut riuh ratusan hadirin.


The vice president said at that time he also wanted to see state's money reserves and assets.


Wapres mengatakan ia melanjutkan bertanya soal cadangan keuangan negara dan seputar aset yang ada


But he was even upset to see the report where the values of the yen, dollar and euro currencies were counted in one place.


namun hanya membuatnya semakin marah karena dalam laporan keuangan itu antara nilai yen, dolar dan euro ditotal menjadi satu.


This is just the same as counting a herbal medicine plus an apple, plus a goat and the result is equal to buffaloes.


Ini sama dengan jamu ditambah apel ditambah kambing lalu kerbau.


What a financial report! What happened with the finance ministry.


Apa ini laporan keuangan?


I threw it away.


Saya lempar


It's a stupid thing for us not to know our financial strength, the vice president said.


Depkeu ini bagaimana, konyol kita ini punya administrasi yang tidak mengetahui bagaimana kekuatannya, katanya.


Therefore, he said, he asked that the report be revised so that the state's financial strength could be known every day.


Karena itu, lanjut dia, ia minta laporan itu diperbaiki dengan yang dapat diketahui berapa kekuatan keuangan negara ini setiap hari, meskipun seorang Menkeu seharusnya berpikir konservatif.


The vice president acknowledged that the state was facing difficulties from year to year in its financial report because the state budget continued to increase from Rp300 trillion in the past to Rp1,000 trillion nowadays.


Wapres mengakui bahwa menyampaikan laporan keuangan dari tahun ke tahun semakin sulit karena anggaran negara semakin besar dari yang dulu hanya Rp300 triliun sekarang sudah Rp1.000 triliun.


On the occasion, the vice president also called on the people to also look at the achievements the state had reached, not merely at the saddening things.


Ia meminta masyarakat melihat juga kemajuan negara ini bukan hanya melihat hal-hal yang buruk


He said that the poverty rate had been cut from 30 percent to 16 percent and unemployment from 16 percent to eight percent.


seperti angka kemiskinan yang berkurang dari 30 persen menjadi 16 persen, angka pengangguran dari 16 persen berkurang jadi delapan persen juga angka inflasi.


The government has asked the House of Representatives DPR to approve an additional allocation of Rp2 trillion for its fiscal risk reserves in anticipation of an increase in the world crude price to US$150 per barrel in the second semester of 2008.


Pemerintah mengajukan tambahan alokasi anggaran cadangan resiko fiskal sebesar Rp2 triliun untuk mengantisipasi harga minyak jika mencapai 150 dolar AS per barel selama semester II 2008.


In its First Semester Report and Projection for the Second Semester of 2008 submitted to the House's Budget Committee here on Wednesday, the government said it needed an additional Rp2 trillion for its fiscal risk reserves which would be used to cover a shortfall if the world crude price reached US$150 per barrel in the coming six months.


Laporan Semester I dan Prognosa Semester II APBNP 2008 Pemerintah kepada Panitia Anggaran DPR yang diperoleh di Jakarta, Rabu menyebutkan, pemerintah memerlukan tambahan Rp2 triliun untuk cadangan resiko fiskal yang akan meng'cover' harga minyak sampai 150 dolar AS per barel selama 6 bulan ke depan.


The oil price covered by fiscal risk reserves in the 2008 revised state budget was US$100 per barrel.


Di APBNP 2008, harga minyak yang dilindungi dengan cadangan resiko fiskal adalah hingga 100 dolar AS.


This figure has been far exceeded by the present world oil price.


Angka itu sudah jauh terlampaui jika dibanding saat ini.


In the first semester of 2008, the oil price was US$109.4 per barrel.


Realisasi selama semester I 2008 mencapai 109,4 dolar AS per barel.


The government also proposed an additional allocation of Rp3.4 trillion for its rice-for-the-poor program.


Pemerintah juga mengajukan tambahan anggaran untuk program Raskin sebesar Rp3,4 triliun.


The additional budget was proposed owing to the increase in the rice and other food prices.


Tambahan anggaran itu akibat kenaikan harga beras dan pangan.


In order to increase the capability of small- and medium-scale businesses, the government also requested Rp1 trillion in additional funds to underwrite people's business credits.


Untuk meningkatkan kemmapuan UKM, pemerintah juga mengajukan tambahan anggaran untuk penjaminan kredit kepada UKM berbentuk kredit usaha rakyat KUR sebesar Rp1 triliun.


In the revised 2008 budget, the allocation for this purpose was Rp1.4 trillion.


Dalam APBNP 2008, alokasi untuk subsidi itu mencapai Rp1,4 triliun.


As a result of the fuel oil price hikes in May 2008, the government also provided scholarships for students of low-income families with a budget of Rp200 billion.


Akibat kenaikan harga BBM pada Mei 2008, pemerintah juga memberikan beasiswa kepada mahasiswa dari keluarga ekonomi lemah dengan anggaran sebesar Rp200 miliar.


In anticipation of contingency budget needs until the end of 2008, the government also proposed additional budget amounting to Rp1.2 trillion.


Sementara untuk mengantisipasi kebutuhan anggaran yang mendesak hingga akhir 2008, pemerintah juga mengajukan tambahan anggaran sebesar Rp1,2 triliun.


The budget allocation for budget need in the revised 2008 state budget has been spent so that the government was proposing additional contingency budget for the second semester of this year.


Alokasi anggaran dalam APBNP 2008 sudah habis sehingga pemerintah mengusulkan tambahan anggaran mendesak untuk kebutuhan selama semester II 2008.


The government also asked for additional budget for the election supervisory body Bawaslu amounting to Rp900 billion.


Pemerintah juga mengajukan tambahan anggaran untuk kegiatan Bawaslu sebesar Rp900 miliar.


The rupiah tended to stabilize on Thursday morning as investors were careful in entering the market causing the transactions value to fall from the day before, a money market observer said.


Kurs rupiah terhadap dolar AS di pasar spot antar bank Jakarta cenderung stabil, karena pelaku pasar hati-hati untuk melakukan transaksi, akibatnya nilai transaksi merosot dibanding hari-hari sebelumnya.


The investors' stand followed a recent fall in global crude prices to US$135 a barrel causing the dollar to strengthen in the global market, Edwin Sinaga said on Thursday.


Sikap pelaku itu terutama disebabkan melemahnya harga minyak mentah dunia hingga di kisaran 135 dolar AS per barel, sehingga mendorong dolar AS di pasar global menguat, kata pengamat pasar uang Edwin Sinaga di Jakarta, Kamis.


The rupiah rose by two points to Rp9,130/9,140 per dollar in the Jakarta interbank spot market on Thursday morning compared to Rp9,132/9,145 per dollar the previous day.


Nilai tukar rupiah terhadap dolar AS naik dua poin menjadi Rp9.130/9.140 per dolar AS dibanding penutupan hari sebelumnya Rp9.132/9.145.


Actually, the rupiah still had a wide chance to further strengthen but the recent drop in global crude prices had hindered its appreciation although oil prices rose by 40 dollar cents on Thursday morning to more than US$135 a barrel, he said.


Ia mengatakan, peluang rupiah untuk menguat sebenarnya masih besar, namun tertahan oleh turunnya harga minyak mentah dunia, meski pagi ini kembali naik 40 sen menjadi lebih dari 135 dolar AS.


We are optimistic the rupiah will again strengthen to Rp9,100 per dollar because the drop in global crude prices is temporary in nature, he said.


Kami optimis rupiah akan kembali menguat mendekati angka Rp9.100 per dolar AS, karena penurunan harga minyak mentah dunia hanya sementara, katanya.


The optimism was also based on the statement by Bank Indonesia the central bank/BI Governor Boediono that the country's economic growth was on the right track, paving the way for the attainment of the government-set economic growth rate target for this year.


Hal ini juga didukung Gubernur Bank Sentral Indonesia, Boediono yang menyatakan, pertumbuhan ekonomi Indonesia berjalan dengan benar, sehingga target ekonomi yang dicanangkan pemerintah bisa tercapai.


He said the US mortgage turmoil which affected various European countries had had no significant impact on the Indonesian economy.


Ekonomi Indonesia tidak terimbas oleh krisis kredit bermasalah sektor perumahan di Amerika Serikat yang mengimbas ke berbagai negara Eropa, katanya.


The rupiah's strengthening showed foreign investors' growing confidence in the Indonesian economy although the government's recent decision to raise fuel prices had a negative impact on various sectors, he said


Rupiah yang menguat itu menunjukkan kepercayaan asing masih tetap tumbuh, sekalipun kenaikan harga bahan bakar minyak oleh pemerintah menimbulkan dampak negatif di berbagai sektor


Publicly-listed construction company PT Adhi Karya Tbk said on Thursday it has signed a Rp1.785 trillion contract with state oil and gas company PT Pertamina for the provision of 3-kg liquefied petroleum gas cylinders.


PT Adhi Karya Tbk ADHI telah menandatangani kontrak proyek baru pengadaan tabung liquid petroleum gas LPG 3 kilogram kg senilai Rp 1,785 triliun. ADHI mendapat kontrak itu dari PT Pertamina.


The contract was signed on July 16, 2008, PT Adhi Karya's corporate secretary, Kurnadi Gularso, said.


Penandatanganan kontrak tersebut dilakukan pada 16 Juli 2008, kata Sekretaris Perusahaan Adhi, Kurnadi Gularso dalam keterbukaan informasi, Kamis.


To realize the contract, PT Adhi Karya will cooperate with Barata Indonesia under a joint operation agreement.


Dia mengatakan, kontrak proyek baru dengan Pertamina tersebut dilakukan dengan porsi kerjasama operasi joint operation antara Adhi dan Barata Indonesia masing-masing 75 persen dan 25 persen.


The two companies will produce 3-kg LPG cylinders within 17 months at the latest since the signing of the contract.


Rencananya baik Adhi dan Barata Indonesia akan melakukan pabrikasi tabung LPG 3 kg yang berlaku 17 bulan ke depan sejak kerjasama tersebut ditandatangani.


Despite gloomy economic conditions this year, motor-vehicle sales in the first semester of 2008 reached 3,055,327 units or 65 percent of the figure for the whole year of 2007, data provided by the Indonesian Motor-Vehicle Industry Association AISI show.


Meski kondisi perekonomian yang agak lesu pada tahun ini, namun penjualan motor sepanjang semester pertama 2008 mencapai 3.055.327 unit atau mencapai 65 persen dari penjualan motor sepanjang 2007.


It is therefore expected that motor-vehicle sales this year will exceed the 2007 figure.


Karena itu, diperkirakan penjualan motor sampai akhir 2008 akan melampaui penjualan 2007.


In the first semester, Honda still dominated the market with sales recorded at 1,405,669 units or 46 percent of the market.


Dari penjualan motor semester pertama 2008 tersebut, motor merek Honda masih tetap mendominasi dengan penjualan sebanyak 1.405.669 unit atau dengan pangsa pasar 46 persen.


Yamaha was second with sales at 1,203,851 units, Suzuki 405,339 units, Kawasaki 17,780 units and others 22,688 units.


Disusul penjualan motor Yamaha sebanyak 1.203.851 unit, merek Suzuki 405.339 unit, Kawasaki 17.780 unit dan lainnya 22.688 unit.


In the last three months however April-June, 2008, Honda motor vehicle sales fluctuated while Suzuki and Kawasaki sales showed an upward trend.


Sementara itu sepanjang tiga bulan April-Juni 2008 penjualan motor Honda berada pada trend fluktuatif. Sedangkan penjualan motor Suzuki dan Kawasaki berada pada trend yang naik.


The government is selecting prospective dealers of its first-ever rupiah-denominated sharia bonds to be issued in August, a Finance Ministry official said.


Pemerintah saat ini tengah melakukan seleksi terhadap calon agen penjual sukuk negara dalam mata uang rupiah yang akan diterbitkan untuk pertama kali pada Agustus 2008.


We have already extended invitations to 11 prospective dealers, both local institutions and foreign investment banks, Director General of Debt Management at the Finance Ministry Rahmat Waluyanto said here on Friday.


Kita sudah sampaikan undangan kepada 11 calon agen penjual baik dari dalam negeri local institutions maupun foreign investment bank, kata Dirjen Pengelolaan Utang Departemen Keuangan, Rahmat Waluyanto, di Jakarta, Jumat.


But he stopped short of naming the 11 prospective dealers, adding five of them were foreign institutions.


Namun Rahmat tidak bersedia merinci 11 calon agen penjual sukuk negara domestik itu dan hanya menyebutkan, dari 11 itu, 5 merupakan asing sementara sisanya adalah domestik.


Four of the 11 institutions have so far been primary dealers of state bonds, he said.


Di antara 11 itu, terdapat 4 institusi yang selama ini merupakan primary dealer agen utama dalam penerbitan obligasi negara, kata Rahmat.


He said the government would soon appoint a law consultant in the issuance of the rupiah-denominated sharia bonds.


Selain menyiapkan agen penjual sukuk negara rupiah, pemerintah juga akan menunjuk/mengangkat konsultan hukum dalam penerbitan sukuk negara rupiah.


When the government issued its first-ever state bonds SUN in December 2002, it only appointed dealers.


Saat penerbitan surat utang negara SUN yang pertama pada Desember 2002, pemerintah hanya menunjuk agen penjual.


But now to issue state sharia bonds it will also appoint a law consultant to deal with various legal aspects related to sharia law, he said.


Sekarang untuk penerbitan sukuk negara, pemerintah mengangkat konsultan hukum karena menyangkut berbagai aspek hukum seperti terkait dengan dokumen-dokumen dan ketentuan hukum syariah, katanya.


He said at least 10 domestic law consultants had applied for the post.


Ia menyebutkan, ada 10 calon konsultan hukum yang datang untuk membantu pemerintah dan semuanya berasal dari dalam negeri.


The government expects the law consultant and dealers will be appointed by July 29 at the latest.


Pemerintah mengharapkan pada 29 Juli 2008, sudah dapat menentukan agen penjual dan konsultan hukum setelah melalui berbagai proses pengadaaan.


To issue state sharia bonds, the House of Representatives DPR had given a seal of approval to the government to use state assets worth Rp18.3 trillion at the Finance Ministry as underlying assets, Rahmat said.


Rahmat menyebutkan, untuk penerbitan sukuk negara itu, pihak DPR telah memberikan ijin kepada pemerintah untuk menggunakan aset negara di Depkeu senilai Rp18,3 triliun sebagai underlying aset sukuk negara.


We have secured a permit from the DPR to use state assets in the form of land and buildings worth Rp18.3 trillion for the purpose, he said.


Sudah ada ijin dari DPR untuk menggunakan barang milik negara BMN berupa tanah dan bangunan di Depkeu senilai Rp18,3 triliun, untuk keperluan itu, kata Rahmat.


The rupiah fell below the psychological level of Rp9,150 per dollar on Tuesday morning as investors sold the local unit over worries about a global economic slowdown and soaring global crude prices, a foreign exchange analyst said.


Kurs rupiah terhadap dolar AS di pasar spot antarbank Jakarta pada sesi Selasa pagi melemah meliwati angka batas psikologis Rp9.150 per dolar AS, karena pelaku melepas rupiah, akibat merosot pertumbuhan ekonomi dunia dan masih tingginya harga minyak mentah dunia.


The sluggish global economy and soaring global crude prices have caused the rupiah to weaken further, Rully Nova of PT Bank Himpunan Sudara Tbk said on Tuesday.


Ekonomi dunia yang melemah dan tingginya harga minyak mentah dunia merupakan faktor-faktor yang menekan rupiah kembali melemah, kata analis valas PT Bank Himpunan Saudara Tbk, Rully Nova di Jakarta, Selasa.


The rupiah traded at Rp9,160/9,170 per dollar on Tuesday morning against Rp9,148/9,159 per dollar the day before, down by 12 points.


Nilai tukar rupiah terhadap dolar AS turun menjadi Rp9.160/9.170 per dolar dibanding penutupan hari sebelumnya Rp9.148/9.159 atau melemah 12 poin.


Despite a persistent drop over the past few days the rupiah's current exchange rate against the US greenback was relatively stable now that the government expected the rupiah to trade at between Rp9,000 and Rp9,500 per dollar this year, he said.


Menurut Rully Nova , nilai tukar rupiah meski saat ini merosot dinilai masih stabil kalau melihat target pemerintah yang menetapkan rupiah pada kisaran antara Rp9.000 sampai Rp9.500 per dolar AS.


The rupiah's weakening would be temporary and the Indonesian currency still had a chance to strengthen owing to positive market sentiments particularly an inflow of foreign capital after the government had issued global bonds, he said.


Koreksi harga terhadap rupiah saat ini hanya sementara dan mata uang lokal itu kemungkinan akan kembali membaik, katanya. Rupiah, lanjut dia masih berpeluang untuk kembali menguat, karena sentimen pasar masih tinggi, terutama dengan masuknya dana asing ke pasar domestik, setelah pemerintah menerbitkan obligasi negara.


The stable conditions and higher rupiah interest rate would continue to attract an inflow of foreign capital, he said.


Kondisi yang stabil dan tinggi bunga rupiah yang cukup tinggi merupakan daya tarik terhadap investor asing untuk tetap bermain di pasar domestik, katanya.


The government must be able to approach foreign investors to make long-term investment which would in the end reduce the country's unemployment rate and improve the people's purchasing power, he said.


Pemerintah harus bisa melakukan pendekatan terhadap investor asing agar mereka mau menempatkan dananya dalam jangka panjang yang pada gilirannya akan mengurangi tingkat pengangguran dan daya beli masyarakat yang lebih baik.


In addition, the government must also be able to benefit from high economic growth in such Asian countries as China and India particularly after Bank Indonesia the central bank/BI had predicted the Indonesian economy would slow down in the third quarter of 2008, he said.


Pemerintah juga harus mampu memanfaatkan pertumbuhan ekonomi Asia yang masih tinggi seperti Cina dan India, setelah BI menyatakan, bahwa pertumbuhan ekonomi Indonesia kuartal ketiga 2008 akan melambat, tuturnya.


The Indonesian economy in the third quarter of 2008 was expected to grow in a range of 6.1-6.5 percent compared with 6.51 percent in the previous quarter, he said.


Menurut dia, laju pertumbuhan ekonomi Indonesia pada kuartal ketiga 2008 diperkirakan berkisar antara 6,1-6,5 persen lebih rendah dibanding kuartal sebelumnya yang mencapai 6,51 persen.


The government in the first semester of 2008 realized the payment of Rp41.4 trillion in interest on its foreign and domestic debt, or 45.7 percent of the ceiling of amount of Rp94.7 trillion, a finance ministry official said.


Departemen Keuangan Depkeu mengungkapkan, realisasi pembayaran bunga utang pemerintah, baik dalam negeri maupun luar negeri pada semester I 2008 mencapai Rp41,4 triliun atau 43,7 persen dari total pagu Rp94,7 triliun.


The payments were made before the total of the payable interest increased to Rp97 trillion, the ministry's director for settlements, accountancy and evaluation, Widjanarko, said here on Tuesday.


Realisasi itu sebelum pagu pembayaran utang diproyeksi naik menjadi Rp97 triliun, kata Direktur Evaluasi, Akuntansi dan Setlemen Ditjen Pengelolaan Utang Depkeu, Widjanarko kepada ANTARA di Jakarta, Selasa.


He said payments of interest on state debentures at home reached Rp30.7 trillion or about 46.6 percent of the interest ceiling of Rp65.8 trillion.


Dia menjelaskan, realisasi pembayaran bunga utang dalam negeri SUN mencapai Rp30,7 triliun atau 46,6 persen dari pagu Rp65,8 triliun.


In the meantime, payments of interest on external debts totaled Rp10.7 trillion, including other costs such as management fees and commitment fees, he said.


Realisasi bunga PHLN sebesar Rp10,7 triliun itu termasuk biaya-biaya seperti 'management fee' dan 'commitment fee', katanya.


Finance Minister Sri Mulyani Indrawati said recently payments of interest on domestic and external debts this year were estimated to increase to Rp97 trillion from the previous ceiling of Rp94.7 trillion as a result of a change in inflation assumptions from 6.5 percent in January to 9 percent or even to 11 percent later this year.


Beberapa hari yang lalu, Menkeu Sri Mulyani Indrawati, menyatakan pembayaran bunga utang dalam negeri dan luar negeri untuk tahun ini diperkirakan meningkat menjadi Rp97 triliun, dari pagu awal Rp94,7 triliun akibat perubahan asumsi inflasi dari sekitar 6,5 persen di awal tahun menjadi 9 persen dan bahkan bisa mencapai 11 persen.


According to the minister, at present interest rates were relatively high because domestic and global inflation rates were also showing an upward trend and this had affected the interest burden in the state budget.


Menurut Menkeu, saat ini suku bunga relatif lebih tinggi karena inflasi Indonesia dan global juga mengalami kenaikan, yang membawa konsekuensi terhadap beban suku bunga yang ada di dalam APBN.


The government has set an assumed economic growth rate of 6.2 percent in the 2009 draft state budget RAPBN and hoped it could maintain the momentum of domestic economic growth amidst the looming global economic slowdown.


Pemerintah dalam Rancangan Anggaran Pendapatan dan Belanja Negara RAPBN 2009 menetapkan asumsi pertumbuhan ekonomi mencapai 6,2 persen dengan harapan di tengah situasi perekonomian internasional yang kurang menguntungkan momentum pertumbuhan ekonomi dalam negeri dapat dipertahankan.


Speaking to the press after a plenary cabinet session at the State Secretariat here on Tuesday, acting Coordinating Minister for Economic Affairs Sri Mulyani said the macro assumptions adopted in the draft stafe budget were based on domestic and global economic situations.


Pelaksana tugas Menteri Koordinator Perekonomian Sri Mulyani usai Sidang Kabinet Paripurna yang berlangsung di Ruang Rapat Utama Gedung Sekretariat Negara Jakarta, Selasa, mengatakan sejumlah asumsi makro sudah digariskan dalam RAPBN 2009 menyesuaikan dengan situasi perekonomian, baik domestik maupun internasional.


The assumptions which lay the basis for the drafting of the 2009 state budget are the inflation rate which is projected at 6.5 percent, interest on short-term promissory notes SBI for three-month deposits at 8.5 percent and the rupiah's stable exchange rate against the dollar at Rp9,100, she said in a press conference following the cabinet session.


Asumsi sebagai landasan penyusunan RAPBN 2009 inflasi mencapai 6,5 persen, tingkat suku bunga SBI untuk tiga bulan 8,5 persen sementara nilai tukar stabil pada Rp9.100, kata Sri Mulyani dalam konferensi pers usai sidang kabinet yang dipimpin oleh Presiden Susilo Bambang Yudhoyono didamping Wapres Jusuf Kalla.


She said the assumed oil price was set at US$140 a barrel, well above US$95-120 a barrel as recommended by the House of Representatives DPR.


Selain itu untuk harga minyak, pemerintah menggunakan asusmsi 140 dolar AS per barel, jauh lebih tinggi dari rekomendasi DPR senilai 95-120 dolar AS per barel.


Oil production was projected to reach 950,000 barrels per day, or the same as the ceiling recommended by the House with fuel oil consumption estimated at 38.9 million kiloliters, well above 35.5 million kiloliters quoted in the revised 2008 state budget, she said.


Sementara lifting minyak sebanyak 950.000 barel per hari, sama dengan rekomendasi tertinggi DPR dengan volume konsumsi bahan bakar minyak mencapai 38, 9 juta kilo liter atau meningkat cukup tajam dibandingkan APBN perubahan APBNP 2008 sebanyak 35,5 juta kilo liter.


Gasoline consumption was estimated at 20.4 million kiloliters compared with 17 million kiloliters in the revised 2008 state budget, she said.


Untuk premium, konsumsinya akan mencapai 20,4 juta kilo liter atau meningkat dibandingkan APBNP 2008 yang hanya 17 juta kilo liter.


Diesel oil consumption is expected to increase to 12.6 million kiloliters from 11 million kiloliters in the revised 2008 state budget, she said.


Solar menjadi 12, 6 juta kilo liter atau meningkat dibandingkan APBNP 2008 yang sebesar 11 juta kilo liter, katanya.


However, kerosene consumption was projected to fall to 5.8 million kiloliters owing to the kerosene-to-gas conversion program expected to slash kerosense consumption by 4 million kiloliters, she said.


Ia menambahkan, untuk konsumsi minyak tanah pada asumsi RAPBN 2009 turun menjadi 5,8 juta kilo liter karena konversi dari minyak tanah ke gas sebanyak 4 juta kilo liter dapat terealisir pada 2009.


Based on the macro assumptions, the country's gross domestic product GDP next year is projected to increase to Rp5,295 trillion from Rp4,484 trillion in the revised 2008 state budget, she said.


Itu dari sisi asumsi makro, dengan asumsi ini maka produk domestik bruto tahun depan diperkirakan Rp5.295 triliun meningkat bila dibandingkan APBNP 2008 sebesar Rp4.484 triliun, katanya.


Given the macro assumptions, the 2009 state budget would suffer a deficit of 1.5 percent of the GDP, or an equivalent of Rp78.8 trillion, she said.


Dengan asumsi itu, masih menurut Sri Mulyani, postur APBN 2009 akan terjadi defisit 1,5 persen dari produk domestik bruto PDB atau setara dengan Rp78,8 triliun


The government has projected state receipts and expenditures next year at Rp1,158 trillion and Rp1,237 trillion respectively.


karena pendapatan negara direncanakan Rp1.158 triliun sementara belanja negara sebesar Rp1.237 triliun.


She said oil subsidy in 2009 was projected at Rp203.7 trillion and electricity subsidy at Rp84 trillion.


Dalam kesempatan itu Plt Menko Perekonomian juga menyampaikan sejumlah pos-pos penting seperti subsidi dimana subsidi BBM pada 2009 diasumsikan mencapai Rp203,7 triliun, subsidi listrik Rp84 triliun dan dana transfer ke daerah diasumsikan akan lebih tinggi dari jumlah belanja di seluruh kementerian.


The rupiah rose five points to Rp9,130/9,135 per dollar in the Jakarta interbank spot market on Thursday morning from Rp9,135/9,142 the day before as investors bought the local unit.


Kurs rupiah terhadap dolar AS di pasar spot antar bank Jakarta, Kamis pagi menguat lima poin menjadi Rp9.130/9.135 per dolar AS dibanding sebelumnya Rp9.135/9.142, karena pelaku pasar kembali membeli rupiah.


The rupiah was expected strengthen further to Rp9,100 per dollar as foreign investors were still active in making transactions in the local market, money market observer Edwin Sinaga said on Thursday.


Pengamat Pasar uang, Edwin Sinaga di Jakarta mengatakan, rupiah akan terus menguat hingga mendekati Rp9.100 per dolar AS, karena investor asing tetap aktif bermain di pasar domestik.


The rupiah's exchange rate remained unaffected by a report from the monetary authorities that the Indonesian economy would slow down in the third quarter of 2008, he said.


Meski ada laporan otoritas moneter bahwa pertumbuhan ekonomi nasional kuartal ketiga 2008 agak melambat dibanding kuartal kedua tahun ini, katanya.


Foreign investors' activity in purchasing Bank Indonesia central bank/BI instruments such as state debentures SUN and short-term promissory notes SBI had caused the rupiah to appreciate although the rise was modest, he said.


Aktifnya investor asing membeli instrumen Bank Indonesia BI seperti surat utang negara SUN maupun Sertifikat Bank Indonesia SBI memicu rupiah bergerak naik meski kenaikannya tidak besar.


Meanwhile, local investors were rather careful in buying the rupiah over worries about global economic turbulence, he said.


Hal ini terjadi karena pelaku lokal agak hati-hati membeli rupiah yang khawatir dengan gejolak ekonomi global, katanya.


He said the rupiah would gradually trade below Rp9,100 per dollar although the level was already considered very stable.


Menurut dia, rupiah lambat laun akan bisa berada di bawah angka Rp9.100 per dolar AS, meski pada posisi tersebut dinilai sangat stabil.


We are optimistic the rupiah will strengthen to below the level thanks to strong positive sentiments, he said.


Kami optimis pasar akan dapat mendorong rupiah hingga dibawah level tersebut, karena sentimen positif pasar masih cukup besar, katanya.


Moreover, the stable market and the inflow of Indonesian funds that had been deposited abroad would give a boost to the rupiah, he said.


Apalagi, lanjut dia, situasi pasar cenderung stabil, dan masuknya dana parkir pengusaha lokal ke Indonesia juga memberikan dukungan akan pergerakan rupiah lebih lanjut.


It was only a matter of time for the rupiah to strengthen to below Rp9,100 per dollar, he said.


Rupiah akan terus bergerak naik dan hanya tinggal menunggu waktu kapan mata uang Indonesia itu mencapai di bawah angka Rp9.100 per dolar AS, ucapnya.


Domestic banks are planning to raise their interest rates on time deposits following Bank Indonesia central bank/BI's decision to increase its benchmark interest rate by 25 basis points to 8.75 percent recently, a banker said.


Perbankan nasional diperkirakan menaikkan suku bunga deposito dalam waktu dekat menyusul kenaikan suku bunga acuan BI Rate Bank Indonesia BI sebesar 25 basis poin menjadi 8,75 persen pada awal Juli.


The rise in interest rates on time deposits will possibly also prompt banks to increase their lending rates in order to adjust to the cost of funds, Kostaman Thayib, retail banking director of Bank Mega Tbk, said on Thursday.


Kenaikan suku bunga deposito itu kemungkinan akan juga mendorong kenaikan suku bunga kredit dalam upaya menyesuaikan biaya dana cost of fund, kata Direktur Retail Bank Mega Tbk, Kostaman Thayib di Jakarta, Kamis.


The banks would be careful in raising the intrest rates on deposits so as not to disrupt their credit expansion, he said.


Kostaman Thayib mengatakan, untuk menaikkan suku bunga deposito itu dilakukan secara hati-hati agar kredit yang disalurkan tetap lancar.


We will also first look at market conditions to decide whether it is time to raise the interest rates on deposits, he said.


Kami melihat pasar terlebih dahulu, kapan saat tepat untuk menaikkan tingkat suku bunga deposito, katanya.


Domestic banks were now required to live up to their intermediary function to help boost national economic growth, he said.


Menurut dia, perbankan saat ini diminta untuk dapat meningkatkan fungsi intermediasi dalam upaya mendorong ekonomi nasional tumbuh dengan baik.


Although the Indonesian economy was expected to slow down in the third quarter of 2008, banks would continue to channel credits to the public, he said.


Apalagi pertumbuhan ekonomi pada kuartal ketiga 2008 diperkirakan akan melambat. Karena itu aktifnya perbankan untuk tetap menyalurkan kredit kepada masyarakat ekonomi nasional akan mampu mendorong pertumbuan itu, ucapnya.


Farid Rahman, president director of PT Bank Himpunan Saudara Tbk, said the bank had yet to raise its interest rate on deposits.


Dirut PT Bank Himpunan Saudara Tbk, Farid Rahman mengatakan, banknya sampai saat ini belum menaikkan tingkat suku bunga deposito.


We are still waiting for the large banks to raise their interest rates on deposits because they usually take the lead in the matter, he said.


Kami akan melihat lebih dahulu bank-bank besar menaikkan suku bunganya, karena mereka menjadi pioner dalam kenaikan suku bunga deposito, katanya.


Bank Saudara had so far set its interest rate on three-to-12-month rupiah and US dollar deposits at 8.75 percent and 2.5 percent respectively.


Suku bunga deposito rupiah Bank Saudara saat ini untuk jangka waktusatu bulan sampai 12 bulan mencapai 8,75 persen dan suku bunga deposito dalam dolar rata-rata 2,5 persen.


Meanwhile, state-owned Bank BRI said it planned to raise its interest rates on deposits early next week.


Sementara itu, Bank BRI diperkirakan akan menaikkan suku bunga deposito pada awal pekan depan,


Bank Mandiri, the country's largest lender by assets, said it would raise its interest rate on deposits by 50 basis points.


yang diikuti Bank Mandiri sekitar 50 basis poin.


Bank Mandiri's interest rate on one-to-12-month deposits in rupiah and US dolar was 5.5 percent and 2.75 percent respectively.


Tingkat suku bunga deposito rupiah Bank Mandiri saat ini untuk jangka waktu satu bulan sampai 12 bulan rata-rata mencapai 5,5 persen dan bunga deposito dalam dolar rata-rata 2,75 persen.


The Capital Market and Financial Institution Supervisory Board Bapepam-LK said Qatar Telecom QTel is only allowed to buy a maximum of 8.2 percent of state telecommunications operator Indosat's shares.


Badan Pengawas Pasar Modal dan Lembaga Keuangan Bapepam-LK menegaskan, Qatar Telecom QTel hanya dapat membeli saham publik di Indosat maksimal 8,2 persen.


There is a sectoral regulation restricting share purchases so QTel cannot buy more than 8.2 percent of Indosat shares, Bapepam-LK Chairman Fuad Rahmany said here on Thursday.


Ada peraturan sektoral yang membatasi itu, jadi tidak bisa lebih dari 8,2 persen, kata Ketua Bapepam-LK, Fuad Rahmany di Jakarta, Kamis.


He said QTel must not violate a regulation allowing a foreign company to hold not more than 49 percent of a national company's shares.


Fuad menegaskan QTel tidak boleh melanggar peraturan sektor telekomunikasi yang menetapkan perusahaan asing hanya boleh memiliki 49 persen saham perusahaan nasional.


We must safeguard the sectoral policy to protect the national interest, he said.


Kita harus ikut mengamankan kebijakan sektoral yang terkait kepentingan nasional katanya.


Under a presidential regulation on the negative investment list, a foreign company is only allowed to control a maximum of 49 percent of a national company's shares, he said.


Dia mengatakan, berdasarkan peraturan presiden tentang daftar negatif investasi, perusahaan asing hanya boleh memiliki 49 persen saham perusahaan nasional.


QTel was currently already controlling 40.8 percent of Indosat shares so that it could only be allowed to increase its stake in the country's second largest telecommunication operator by at most 8.2 percent, he said.


Saat ini Qtel memiliki 40,8 persen saham Indosat. Karena itu mereka hanya dapat menambah kepemilikannya lagi maksimal 8,2 persen.


We have no objection to the cooperation but it will never make QTel control more than 49 percent of Indosat shares, he said.


Menanggapi adanya kerja sama antara QTel dengan pengusaha nasional Rahmat Gobel, yang diduga untuk memperbesar porsi kepemilikan Qtel lebih dari 49 persen di Indosat, Fuad mengakui belum tahu persis bentuk kerja sama diantara keduanya.


The Organization for Economic Cooperation and Development OECD has offered to establish closer economic cooperation with Indonesia, an OECD spokesperson said.


Organisasi untuk Kerja sama Ekonomi dan Pembangunan OECD menawarkan hubungan kerja sama ekonomi yang lebih dalam dengan Indonesia.


We have proposed the development of special cooperative relations which we call 'enhanced engagement', OECD Secretary General Angel Gurria said after a meeting with Coordinating Minister for Economic Affairs Sri Mulyani here Thursday.


Kami mengusulkan untuk membangun suatu kerja sama khusus yang kami sebut sebagai 'enhanced engagement, kata Sekjen OECD, Angel Gurria usai pertemuan dengan Menko Perekonomian/Menkeu Sri Mulyani Indrawati di Gedung Juanda Depkeu Jakarta, Kamis.


The OECD had made the same offer to Brazil, China, India and South Africa, Gurria said, adding that along with Indonesia, the four countries would eventually be eligible for OECD membership.


Gurria menyebutkan, OECD mengusulkan kerjasama khusus dengan 5 negara di mana dimungkinkan ke-5 negara itu dapat menjadi anggota penuh OECD di masa yang akan datang. Kelima negara itu adalah Indonesia, Brazil, China, India, dan Afrika Selatan.


Enhanced engagement was a more focused but at the same time comprehensive cooperation format for mutual benefit within the frame of efforts to improve world economic conditions, she said.


Enhanced engagement merupakan format kerjasama yang lebih fokus namun komprehensif yang saling menguntungkan dalam rangka memperbaiki kondisi ekonomi global, kata Gurria.


Meanwhile, the deputy for international cooperation to the coordinating minister for economic affairs, Mahendra Siregar, said the OECD had offered an economic cooperation plan suited to conditions in Indonesia.


Sementara itu Deputi Menko Perekonomian Bidang Kerjasama Internasional, Mahendra Siregar mengatakan, dalam pertemuan dengan


The coordinating minister will evaluate the facilities to which Indonesia would have access in the proposed cooperation, and she will talk about it with other ministers, he said.


Menko Perekonomian menyatakan akan melakukan pendalaman terhadap fasilitas-fasilitas yang mungkin diperoleh Indonesia melalui kerjasama itu, dan ingin membicarakannya dengan menteri-menteri yang lain, kata Mahendra.


However, he said, Indonesia would focus on the economic cooperation offer rather than on the possibility of becoming a full member of OECD.


Menurut dia, Indonesia akan fokus kepada kerja sama ekonominya, sementara kemungkinan menjadi anggota penuh OECD yang saat ini mayoritasnya dari negara maju, bukan merupakan prioritas.


We will focus on economic cooperation, while the question of OECD membership which is dominated by advanced countries is not a priority, he added.


Kita fokus pada program kerja sama ekonominya, sementara membership akan sambil lalu saja, tegasnya.


During her visit in Jakarta from July 23 to 27, Gurria is also scheduled to meet President Susilo Bambang Yudhoyono and a few other Indonesian state officials.


Selama kunjungannya di Indonesia pada 23-27 Juli 2008, selain mengadakan pertemuan dengan Menko Perekonomian/Menkeu, Gurria juga akan mengadakan pertemuan resmi dengan Presiden Susilo Bambang Yudhoyono dan beberapa pejabat negara lainnya.


The rupiah rose five points to Rp9,130/9,133 per dollar in the Jakarta interbank spot market on Thursday evening from Rp9,135/9,142 the day before as investors bought the local unit, a foreign exchange analyst said.


Kurs rupiah terhadap dolar AS di pasar spot antar bank Jakarta, kamis sore naik lima poin menjadi Rp9.130/9.133 per dolar AS dibanding sebelumnya Rp9.135/9.142, karena pelaku lokal kembali membeli rupiah.


Investors bought the rupiah following an International Monetary Fund IMF statement that the Indonesian economy will continue to grow by more than 6 percent, Rully Nova of PT Bank Himpunan Saudara Tbk said on Thursday.


Pelaku membeli rupiah terpicu pernyataan Dana Moneter Internasional Internasional Moneter Fund/IMF bahwa pertumbuhan ekonomi Indonesia masih tetap di atas angka 6 persen, kata Analis valas PT Bank Himpunan Saudara Tbk, Rully Nova di Jakarta, Kamis.


Earlier, the monetary authorities said the Indonesian economy would slow down in the third quarter of 2008 as a result of the sluggish global economy.


Sebelumnya otoritas Moneter menyatakan, pertumbuhan ekonomi Indonesia kuartal ketiga 2008 diperkirakan akan melambat dibanding kuartal kedua 2008, akibat melambat pertumbuhan ekonomi global.


The rupiah strengthened against the dollar in the morning but came under pressure in the afternoon as investors hesitated to continue buying the Indonesian currency, Nova said.


Rully Nova mengatakan, rupiah mulai menguat sejak pagi hari namun kembali tertekan pada siang hari, karena pelaku masih ragu-ragu untuk membeli mata uang Indonesia itu lebih lanjut.


The rupiah rose to Rp9,120 per dollar at 02.30 p.m. and fell to Rp9,136 per dollar at 02.45 p.m., he said.


Namun pukul 14.30 siang rupiah menguat yang mencapai Rp9.120 per dolar AS, namun tidak bertahan lama hingga pukul 14.45 kembali tertekan hingga mencapai Rp9.136 per dolar AS.


The Indonesian currency again rose moments before the market closed so that it edged to Rp9,128 per dollar and eventually closed at Rp9,130 per dollar on Thursday evening, he said.


Kenaikan rupiah itu terjadi ketika pasar akan ditutup, aksi beli kembali meningkat, sehingga rupiah mendekati angka Rp9.128 per dolar AS dan akhirnya ditutup pada angka Rp9.130 per dolar AS, tuturnya.


He said the rupiah's exchange rate against the dollar fluctuated as investors were still focusing their attention on global economic growth.


Gejolak rupiah terhadap dolar AS, lanjut dia, karena pelaku masih memfokuskan perhatian terhadap pertumbuhan ekonomi dunia,


India and China are expected to enjoy high economic growth this year and Indonesia must benefit from their markets to boost its economy, he said.


namun pertumbuhan ekonomi Asia khususnya Cina dan India tumbuh sangat signifikan.


The rupiah still had a good chance to strengthen to Rp9,100 per dollar, he said, adding, it is only a matter of time for the rupiah to reach this level.


Ia mengatakan, peluang rupiah untuk bisa naik hingga di posisi Rp9.100 per dolar AS sebenarnya masih besar, tinggal menunggu waktu untuk mencapai ke arah sana.


Judging by the stable market conditions and foreign investors' strong interest in investing in the domestic market, we are optimistic the rupiah will reach Rp9,100 per dollar, he said.


Kami optimis dengan kondisi pasar yang stabil dan minat investasi asing di pasar domestik yang meningkat rupiah akan bisa mencapai level Rp9.100 per dolar AS, ucapnya.


The government is proposing to the House of Representatives DPR a 200 percent in increase in maximum luxury good sales' tax PPnBM, or a drastic increase from the current PPnBM at 75 percent, according to a government's draft proposal on increase in value added tax PPN and PPnBM.


Pemerintah mengusulkan pengenaan pajak penjualan atas barang mewah PPnBM maksimal sebesar 200 persen, atau jauh DI ATAS PPnBM maksimal saat ini 75 persen, demikian salah satu perubahan yang diajukan pemerintah dalam draf RUU Pajak Pertambahan Nilai PPN dan PPnBM.


We have to study it first because we do not want that all luxury goods will eventually be liable to the maximum PPnBM, Chairperson of the Working Committee on the PPN and PPnBM Bill, Vera Febyanthy here over the weekend.


Ini akan kita lihat dulu, karena kita tidak ingin kemudian semua barang mewah dikenakan PPnBM maksimal, kata Ketua Panja RUU PPN dan PPnBM Vera Febyanthy di Jakarta, akhir pekan ini.


She said her side would ask for inputs from all stakeholders who were related to the proposal, particularly the automotive industries owing to the fact that so far the maximum PPnBM had been imposed on four wheel vehicles with machine capacity of over 3,000 CC.


Ia mengatakan, pihaknya akan meminta masukan dari seluruh stakeholder terkait usulan itu, terutama pada industri otomotif mengingat selama ini pengenaan PPnBM maksimal dikenakan pada kendaraan beroda empat dengan kapasitas mesin di atas 3.000 CC.


I agree with it if the aim of the proposal is to increase the state tax receipts but there must be classifications of luxury goods first, she said.


Ia juga mengungkapkan, pihaknya kemungkinan akan mengusulkan penerapan kebijakan PPnBM secara progresif sehingga usulan tersebut tidak menekan konsumsi barang mewah secara langsung.


This year the government has set a target of Rp129.7 trillion in tax receipts from PPN and PPnBM, which is an increase of 39.4 percent from Rp93.0 trillion a year earlier.


Pmerintah 2008 menargetkan penerimaan negara dari PPN dan PPnBM sebesar Rp129,7 triliun, naik 39,4 persen dari Rp93,0 triliun pada 2007.


Up to the first semester of 2008, the realization of tax receipts from the PPN and PPnBM has reached Rp87.1 trillion or about 67 percent of the target.


Sedangkan realisasi penerimaan PPN an PPnBM hingga semester I telah mencapai Rp87,1 triliun atau sekitar 67 peren dari target.


The rupiah rose sharply to edge closer to Rp9,100 per dollar in the Jakarta interbank spot market on Monday morning following a rush for the local unit.


Kurs rupiah terhadap dolar AS di pasar spot antarbank Jakarta, Senin sore naik namun masih di atas angka Rp9.100 per dolar AS, karena pelaku pasar mengurangi aksi beli terhadap rupiah, mereka menunggu data indikator ekonomi AS yang diperkirakan membaik.


The rupiah traded at Rp9,105/9,110 per dollar on Monday morning against Rp9,136/9,137 per dollar at the weekend, or an increase of 21 points.


Nilai tukar rupiah terhadap dolar AS menjadi Rp9.115/9.117 per dolar AS dibanding penutupan sebelumnya Rp9.136/9.137 atau menguat 21 poin.


As widely expected, the rupiah would hit the level thanks to strong positive market sentiments, money market observer Edwin Sinaga said on Monday.


Direktur Retail Banking PT Bank Mega Tbk, Kostaman Thayib mengatakan, rupiah agak sulit untuk bisa mencapai angka Rp9.100 per dolar AS, meski peluang untuk arah ke sana cukup besar, namun perlu waktu itu bisa mencapainya.


We are optimistic the rupiah will strengthen below Rp9,100 per dollar due to the strong market support, he said.


Kami optimis pasar akan tetap memberikan dukungan, sehingga nilai tukar rupiah itu bisa mencapai angka tersebut, sekalipun muncul hambatan untuk menuju ke sana, katanya.


He said the rupiah rose sharply after the monetary authorities believed the Indonesian economy would expand more than 6 percent this year despite a global economic slowdown.


Peluang ekonomi Indonesia untuk tumbuh di atas angka 6 persen juga masih besar dengan masuknya investor asing seperti China, Australia dan Kawasan Timur Tengah yang mulai aktif melirik investasi di dalam negeri, ucapnya.


Moreover, the government had been determined to benefit from China's and India's high economic growth, he said.


Kenaikan rupiah, lanjut dia juga didukung oleh pertumbuhan ekonomi yang tetap tumbuh di atas enam persen dengan memanfaatkan pertumbuhan ekonomi raksasa Asia seperti China dan India.


Coordinating Minister/Minister for Economic Affairs Sri Mulyani Indrawati said state-owned electricity company PLN was too slow in responding to the need for electricity and this was hampering economic growth in the regions.


Menko Perekonomian/Menkeu Sri Mulyani Indrawati menilai, PT PLN lamban merespon kebutuhan listrik di berbagai daerah sehingga menghambat pertumbuhan ekonomi di daerah.


I think PLN's response to the need for electricity in the regions is too slow.


Saya menganggap bahwa PLN terlalu lamban dalam merespon kebutuhan listrik di daerah-daerah.


This is one of the aspects the government has to evaluate, the minister said.


Ini mungkin termasuk evaluasi yang harus kita lihat terutama dari sisi pemerintah, kata Sri Mulyani


Speaking at a ceremony marking the signing of agreements between PLN and a number of banks on credit provisions, she cited as an example the difficulty to obtain electricity in Manado, North Sulawesi province.


dalam sambutannya ketika menyaksikan penandatanganan perjanjian kredit antara PLN dengan sejumlah bank di Jakarta, Selasa. Ia mencontohkan, salah satu contoh sulitnya mendapatkan listrik terjadi di Manado Sulawesi Utara.


I was to commission a new state financial institute building in Manado recently but it turned out the commissioning had to be postponed for six to nine months because the building has not yet been given electricity, she said.


Gedung Keuangan Negara di Manado yang seharusnya sudah saya resmikan karena sudah selesai tapi ternyata listriknya belum masuk dan harus menunggu 6 sampai 9 bulan, katanya.


She said she could imagine how more difficult it was to obtain electricity in towns smaller than Manado.


Sri Mulyani tidak dapat membayangkan bagaimana sulitnya mendapatkan listrik di daerah-daerah yang lebih kecil dibanding Manado.


Manado is the provincial capital of North Sulawesi.


Manado itu merupakan ibukota Sulut,


I just can imagine about the availability of electricity in smaller towns, the minister said.


saya tidak bisa bayangkan untuk di kota-kota kecil lainnya, katanya.


She called on the PLN management to work more responsively but asked that it should remain consistent with the prudential principle.


Ia meminta seluruh jajaran direksi dan komisaris PLN untuk bekerja lebih responsif namun dengan tetap memperhatikan prinsip kehati-hatian.


Mulyani said the 10,000 MW thermal power project was underwritten by the government so that each time an agreement on its financing was signed, the finance minister must be present to witness it.


Sri Mulyani menyebutkan, proyek PLTU 10.000 MW merupakan proyek yang dijamin oleh pemerintah sehingga setiap kali ada penandatangan pembiayaan proyek itu, selalu disaksikan Menkeu.


The rupiah fell 11 points to Rp9,287/9,290 per dollar in the Jakarta interbank spot market on Thursday following a rush on the US greenback, a foreign exchange analyst said.