GOVT HOPES BI RATE CUT WILL STIMULATE INVESTMENT

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Jakarta, Jan 8 (ANTARA) - The government hopes that the lowering of Bank Indonesia's (BI/the central bank) benchmark rate on Wednesday will serve as a stimulus to investment and economic growth, Fi

BULOG BOOKS RP85 BILLION BUDGET SURPLUS

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Jakarta, Jan 8 (ANTARA) - The state-owned logistics company, Bulog, was able to book a budget surplus of Rp85 billion in 2008 after years of suffering deficits, its president director, Mustafa Abu

THREE BANKS READY TO FINANCE TELKOM-3 SATELLITE

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Jakarta, Jan 8 (ANTARA) - State telecommunications operator PT Telkom said it believes three state banks will be ready to extend a syndicated loan of US60 million to finance the construction and la

WEST JAKARTA FIRE KILLS EIGHT RESIDENTS

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Jakarta, Jan. 8 (ANTARA) - A fire that broke out in a boarding house at Palmerah area, West Jakarta, killed eight people, in the wee hours of Thursday.

5.9 MAGNITUDE AFTERSHOCK JOLTS MANOKWARI

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Bengkulu, Jan 8 (ANTARA) - Another aftershock measuring 5.9 on the Richter scale jolted Manokwari again in West Papua at 6:38 local time on Thursday morning.

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