ID :
28295
Tue, 11/04/2008 - 12:13
Auther :
Shortlink :
http://m.oananews.org//node/28295
The shortlink copeid
FISHERY FIRMS NEED CAPITAL CERTAINTY, LOW BANK INTEREST RATES
Jakarta, Nov 4 (ANTARA) - Fishery companies in the country now need easy credit facilities for their business capital and low bank interest rate in the face of the slow disbursement of their letter of credits (LC) as a result of the global financial crisis, a Fishery and Maritime Affairs Ministry (DKP) official said.
"Business players are asking the government to provide them with an easy credit facility and low interest rate besides guarantee for their LCs," External Marketing Director of DKP Saut P Hutagalung said.
He said that it was admitted now banks often delayed their payment even though the LCs were already issued. Fishery companies in East Java and Jakarta were still facing this problem.
Therefore, he said, fishery companies were asking the government to provide them with LC guarantee. They also asked for bank credit facilities as working capital so that their business would not collapse.
"The DKP supports their proposals and the DPK minister will take the proposals to the coordinating minister for economic affairs," he said. ***2***
"Business players are asking the government to provide them with an easy credit facility and low interest rate besides guarantee for their LCs," External Marketing Director of DKP Saut P Hutagalung said.
He said that it was admitted now banks often delayed their payment even though the LCs were already issued. Fishery companies in East Java and Jakarta were still facing this problem.
Therefore, he said, fishery companies were asking the government to provide them with LC guarantee. They also asked for bank credit facilities as working capital so that their business would not collapse.
"The DKP supports their proposals and the DPK minister will take the proposals to the coordinating minister for economic affairs," he said. ***2***
