PLN must save Rp6.2 trillion in 2009


State-owned electricity company PT PLN, based on the 2009 Draft State Budget, is required to save some Rp6.2 trillion in 2009, a senior official said.

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RI, Iran cooperate in youth affairs


The governments of Indonesia and Iran have signed a memorandum of understanding on youth affairs cooperation such as exchanges of youth visits and information between the two countries.

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Govt to maintain policy on used machinery imports


The government decided to maintain its policy of allowing limited imports of used machinery to give a chance to less developed industries to grow, a senior official said.

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Sriwijaya Air plane slips after landing, hits two people


A Sriwijaya Air plane with 100 passengers on board slipped off the runway of Jambi`s Sultan Thaha airport, ran over a piece of farmland where it hit a farmer and his child on Wednesday.

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Not the right time to raise LPG price amidst high inflation: BPS


Increasing the price of liquefied petroleum gas (LPG) in 12-kg and 50-kg cylinders on the occasion of the fasting month was not the right time, as the August inflation was higher than predicted.

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Bank Permata`s H1 profit up 40 pct


Bank Permata said on Wednesday its profit after tax in the first half of 2008 rose 40 percent to Rp277.5 billion from Rp198.2 billion in the same period last year.

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RI`s economic growth to exceed 6.2 pct in 2009: BI


Bank Indonesia (the central bank/BI) predicts Indonesia`s economic growth rate in 2009 will exceed the government-set target of 6.2 percent if the country does not experience any significant shock and can diversify its export products.

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Govt approves Garuda`s plan to Conduct IPO next year


The government has given the green light to Garuda Indonesia`s plan to conduct an initial public offering (IPO) of its shares next year, a company official said.

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Former supreme judge questions law enforcement quality in Indonesia


Former supreme judge Bismar Siregar here on Wednesday questioned the quality of legal enforcement in Indonesia, saying there were still many judges who did not understand the people`s sense of justice.

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Sun to file amendment to tender offer for Taro


AsiaNet) - In connection with yesterday's decision in the Tel Aviv District Court, Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUN PHARMA, BSE: 524715) today will file an Amendment to its previously announced Tender Offer by its subsidiary, Alkaloida Chemical Company Exclusive Group Ltd. (Alkaloida).

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