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The state owned Deposit Insurance Agency (LPS) repeated offer to sell Bank Mutiara under strategic sales. Bank Mutiara was formerly scandal hit Bank Century, which is in the center of high profile corruption case implicating a number of people in
Headlines News Three days after state-run oil and gas firm PT Pertamina increased the price of 12-kilogram (kg) liquefied petroleum gas (LPG), government figures responded to public concerns by meeting to discuss the sensitive issue on Saturday. The
Headlines News Several key infrastructure projects will start operating this year, but their capacities will not meet soaring demand. The government is aiming to begin the operation of dozens of coal-fired power plants with a combined capacity of 4,
National News A House of Representatives team tasked with monitoring the investigation into the Bank Century bailout scandal will summons Vice President Boediono for a second time next week despite his defiance of a previous summons. The team, whose
Business News Vice President Boediono has warned economic players in Indonesia to prepare for four risk factors, including domestic politics, in 2014. There are four risk factors that, I think, must be anticipated by economic players. They are global
National News Constitutional Court (MK) chief justice Hamdan Zoelva was questioned by the Corruption Eradication Commission (KPK) on Thursday in connection to a graft case involving his predecessor, Akil Mochtar. Hamdan, who did not answer media
Headlines News Vice President Boediono said he would focus on doing his job before ending his term next year and not bother himself with the political circus at the House of Representatives. The vice president is now under severe political pressure
National News The Democratic Party has criticized the House of Representatives team monitoring the Century Bank case for indicating it would summon Vice President Boediono over the Rp 6.7-trillion bailout the central bank approved for the ailing bank.
Headlines News Seen by many as a reluctant politician, Vice President Boediono, an economist by training, enters his last year in office under threat of impeachment and the nation almost entirely unaware of what he has been doing for the past four
Indonesian Vice President Boediono has said he was questioned as a witness by anti-graft investigators over a controversial bank bailout, in a case that could prove problematic for the government ahead of polls next year.