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34263
Sat, 12/06/2008 - 17:52
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SATURDAY'S NEWSPAPER HEADLINES IN MAJOR INDONESIAN DAILIES

Jakarta, Dec 6 (ANTARA) - Following are headlines in major Indonesian dailies published here on Saturday.

Media Indonesia
GOVT HELPS ELECTIONS COMMISSION

The government has to interfere in the General Elections Commission (KPU) affairs in order to help secure the implementation of the general elections scheduled on April 9, 2009. In preparing the elections the KPU turns out that it is facing difficulties not only in planning and managing the elections but also in distributing elections logistics. The government is compelled to issue a presidential decree to facilitate and smooth the KPU tasks.

Republika
BANKS CALLED ON TO LOWER INTEREST RATES

In order to generate the development of the real sector, businesses called on banks to lower their interest rates following the step taken by Bank Indonesia (the central bank) to cut its benchmark interest rate by 25 basis points to 9.25 percent.

Kompas
TRAIN SCHEDULES AND TEXTILE DISTRIBUTION HAMPERED BY FLOODS

After submerging eight sub-disricts in Bandung district, West Java, on Friday, floods began paralyzing railway tracks in the southern lanes of the Bandung city and hampered the production and distribution of textile products in four textile industrial center villages.


The Jakarta Post
RI SECURES $5B LOAN TO SHIELD ECONOMY

Indonesia has secured US$5 billion in standby loans from several parties to help plug the budget deficit and keep the economy growing amid the global financial crunch that has made it difficult for countries to raise funds.



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