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Economic

Standby Loan Facility May Be Extended to 2011

Indonesia may extend the remaining unused US$4.75 billion in standby loans by a further year to 2011 as the country may not use all the facility for budget financing during 2010, the Finance Ministry says. Read More »

RI Migrant Workers` Remittances Rp100 T Per Year

Some six million Indonesian migrant workers abroad are sending a total of about Rp100 trillion home a year, making them the country`s second largest foreign exchange earner after oil and gas, a manpower official said. Read More »

Indosat Ready to Launch Palapa-D Satellite from China

President Director and Chief Executive Officer of PT Indosat, Tbk, Harry Sasongko, has said that the telecommunication and multimedia company with more than 30 million customers is ready to operate satellite Palapa-D that is scheduled to be launched this afternoon. Read More »