BI YET TO RAISE BANKS' CAR TO 12 PCT

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Jakarta, Oct 15 (ANTARA) - Bank Indonesia (BI) Deputy Governor Muliaman D Hadad said that the Indonesian central bank had yet to raise banks' capital adequacy ratio (CAR) requirement form eight to

TELKOM EXPECTING 5-PCT INCREASE IN 2009 INCOME

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Jakarta, Oct 15 (ANTARA) - State-owned telecommunications operator PT Telkom hopes to increase its consolidated income in 2009 by five percent to Rp64 trillion, a company executive said.

STATE BUDGET AT SAFE LEVEL

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Jakarta, Oct 15 (ANTARA) - The 2009 state budget will remain at a safe level even though the world crude price is expected to increase up to US$75 per barrel at the end of this year, a finance mini

PERTAMINA LOWERS PERTAMAX PRICE

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Jakarta, Oct 15 (ANTARA) - State-owned oil and gas firm Pertamina on Thursday lowered the price of pertamax fuel by 6.7 percent or Rp500 per liter, Pertamina spokesman Basuki Trikora Putra said.

RUPIAH STRENGTHENS AGAINST US DOLLAR

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Jakarta, Oct. 15 (ANTARA) - The rupiah strengthened against the US dollar in the Jakarta interbank spot market here on Thursday morning on continued Wall Street rallies.

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