PRESIDENT OPENS IPA CONVENTION

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Jakarta, May 5 (ANTARA) - President Susilo Bambang Yudhoyono officially opened the 33rd Convention and Exhibition of the Indonesia Petroleum Association (IPA) at the Jakarta Convention Hall here on

GOVT URGED TO PRESSURE BANKS TO LOVER LENDING RATES

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Jakarta, May 5 (ANTARA) - The government was urged on Tuesday to force banks to lower their lending rates after Bank Indonesia (BI/the central bank) had cut its benchmark rate by 0.25 basis points

BANKS SUPPORT LOWER LENDING RATES

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Jakarta, May 5 (ANTARA) - Banks expressed support for lower banks' lending rates following the step taken by Bank Indonesia (BI/the central bank) on Tuesday to lower its rate by 0.25 basis point to

BI RATE CUT CREATES POSITIVE SENTIMENT IN MARKET

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Jakarta, May 5 (ANTARA) - The decision on Tuesday of Bank Indonesia (BI) to cut its BI Rate by 0.25 basis points to 7.25 percent will give a positive sentiment to the market, economic analyst Ryan

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