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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Antara seeks Rp 450 billion in aid to revitalize business

  • The Jakarta Post

Jakarta | Sat, November 22 2008 | 12:17 pm

PREMIUM State-owned news agency LKBN Antara is asking the government for a Rp 450 billion (US$41.5 million) bailout to in part modernize its business capabilities, a top executive says.
CEO Ahmad Muklis Yusuf said Friday the agency had submitted the proposal for the bailout funds to the State Ministry for State Enterprises, which oversees state companies. “I have discussed the matter w...