HOUSE ASKS GOVT TO BE TRANSPARENT ON OIL CONTRACTS

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Jakarta, Oct 28 (ANTARA) - The House of Representatives (DPR) through its Fuel Oil Inquiry Committee has asked the government to be transparent in concluding an oil and gas work contract so that su

GOVT ANNOUNCES STEPS TO OVERCOME FINANCIAL CRISIS

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Jakarta, Oct 29 (ANTARA) - The government will buy back state debentures (SUN) and cut down crude palm oil (CPO) export tax to zero percent in an effort to face financial crisis, Finance Minister S

GOVT TO ISSUE POLICY TO SHORE UP RUPIAH

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Jakarta, Oct 28 (ANTARA) - President Susilo Bambang Yudhoyono said the government would on Tuesday issue a policy to prevent the rupiah's exchange rate from continuing to weaken.

RUPIAH ALREADY OVERVALUED : OBSERVER

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Jakarta, Oct 28 (ANTARA) - The rupiah has so far been overvalued against the US dollar so that its exchange rate has continued to undergo pressure, a banker and observer, Paul Sutaryono, said.

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