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PLN to expand power capacity as electricity demand increases

In a bid to meet growing demand, state-owned utilities firm PT Perusahaan Listrik Negara (PLN) will expand its power capacity…

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  • House, govt agree to ax BI's bank supervision role sooner

    JAKARTA (JP): The government and the House of Representatives special team on the amendment of the central bank law have agreed to axe the banking supervision function of Bank Indonesia…

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  • Honda launches new sedan amid tight competition

    JAKARTA (JP): PT Honda Prospect Motor, the sole agent of Japan's Honda Motor Co. Ltd,. launched here on Friday a new model of its Honda Civic sedan amid the growing…

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  • Telkom urged to take over KSO's assets

    JAKARTA (JP): Most of the joint cooperation scheme (KSO) partners of state-owned PT Telkom have opted for a buy out of their assets rather than continuing with the current contract…

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  • Satelindo expects 60% more GSM subscribers

    JAKARTA (JP): PT Satelit Palapa Indonesia (Satelindo) expects a 60 percent increase in its global system for mobile communications (GSM) subscribers this year, lifting the total number of customers to

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  • New tax regulations fair, says tax expert

    JAKARTA (JP): The recently issued tax regulations were fair enough and were unlikely to result in the government overtaxing its citizens, according to a tax expert on Friday.

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  • Corporate foreign debt 'manageable', says minister

    JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli said on Friday that the country's corporate overseas debt maturing in 2001 would not be a serious threat to the rupiah…

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  • RI, Spain to boost trade ties

    JAKARTA (JP): Indonesia and Spain have agreed to send more trade missions in the future in a bid to further promote trade relations between the two countries.

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  • BI reiterates concerns over amendment law

    JAKARTA (JP): Bank Indonesia deputy governor Achjar Iljas reiterated on Friday concerns that the proposed amendments to the central bank law might threaten the independent status of Bank Indonesia.

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  • RI's blue-collar workers get highest pay increase

    JAKARTA (JP): Indonesian blue-collar workers received the highest salary increase in 2000 as compared to their counterparts in other Asian countries, according to a survey by management consulting fir

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  • Bumi Resources starts oil drilling in Yemen

    JAKARTA (JP): Publicly listed oil and gas company PT Bumi Resources said its wholly owned subsidiary Gallo Oil Ltd., began oil drilling activities at one of the company's six oil…

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