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Samurai power
The Jakarta Post | Tue, 04/07/2009 7:01 PM | Business
Finance Minister Sri Mulyani Indrawati (2nd right) exchanges agreement documents with Japan Bank for International Cooperation (JBIC) president Hiroshi Watanabe (2nd left) in Jakarta on Tuesday while accompanied by Japan’s ambassador to Indonesia Kojiro Shiojiri (left) and Director General for Debt Management Rahmat Waluyanto (right). Backed by a loan worth US$1.5 billion from JBIC, the government plans to issue sell five- and 10-year yen-denominated bonds or Samurai bonds this year.
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Patriot (not verified) — Tue, 04/14/2009 - 9:14am
JBIC is distributing loan to Indonesia by means to help built Indonesia infrasctructure. The negative side, they take advantage to slave the Indonesian Economy by inputing high debt interest rate on JBIC loan package. According to our sources the JBIC loan package is use for developing major infrastructure like power plant and industrial plant. The machinary is all made in Japan, in the long run the Japanese economy will take good advantage still by selling spare parts for their machinary in Indonesia for the next 20-30 years to come. Indonesian government have to develop a solution to increase their industrial technology to be independent and avoid high interest debt loan package. IMF is also supporting JBIC, by means IMF banking strategy to enter 3rd world countries.
Tom Cruise (not verified) — Mon, 04/13/2009 - 11:47am
Just tell the Japs to beat it or stop exploiting our resources. Tell them for every Jap car that is sold in Indonesia must be 100% produced locally. And tell ASTRA to stop kissing the hairless jap Asses and start building some cars here. Darn it, who needs who here??