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Jakarta Post

Editorial: On our 26th anniversary

Jakarta   /   Sat, April 25 2009   /  01:33 pm

Today, The Jakarta Post marks its 26th anniversary. There are no celebrations - not even a reception that we usually have to express our thanks to our readers. Last year we celebrated our Silver Jubilee in grand style. This year we mark our anniversary in times of a financial crisis. So, instead of a reception, we wish to reflect on this day by sharing a few thoughts with readers. The crisis is hurting the newspaper industry globally. Advertisement revenue, the lifeline of commercial newspapers, has plummeted with the economic downturn. The crisis in Indonesia may not be as severe as it has been in most other countries in Asia, but it is affecting industries nationwide, and consequently their ad spending has also declined. The Jakarta Post has not been spared. We have had to make cutbacks. If none of these are visible, that is because we have maintained the quality of the...