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TEMPO.CO, Jakarta: The government will privatize four state-owned enterprises using a strategic sale scheme (SS) this year. The four companies are PT Kertas Leces, PT Varuna Tirta Prakasya (VTP), PT Banda Ghara Reksa (BGR), dan PT Energy Management Indonesia (EMI). According to plan, the government will release a maximum of 100 percent of its ownership in said companies. The...

TEMPO.CO, Jakarta: The Ministry of Finance plans to auction Government Securities or GS (Surat Utang Negara/SUN) worth Rp 7 trillion. Yudi Permadi, Finance Ministry Spokesperson, said through a written statement that the auction id done to source for this year’s state financing target. Yudi said the auction will be opened on Tuesday, January 15, with a par value...

Shots have been fired at the Athens headquarters of Greece's ruling New Democracy party, but nobody was hurt. No party officials were there when the attack happened early on Monday. A bullet landed in an office sometimes used by the conservative Prime Minister, Antonis Samaras. A government spokesman said left-wing anarchist groups were suspected. In recent days three...

TEMPO.CO, Jakarta: The Indonesian central bank, Bank Indonesia (BI), estimates that last year’s economic achievement will elevate this year and continue into next. Nevertheless, there are still a number of challenges to be wary of, both globally and domestically. Global risk primarily comes from America and Europe. As for China’s economy, it has begun to show...

Islamist rebels in Somalia say a second French soldier has died of his wounds after a failed rescue attempt. A spokesman for al-Shabab militants said the commando had died of gunshot wounds and that both bodies would be shown later. The French military sent a force into southern Somalia late on Friday to try to free intelligence agent Denis Allex, held hostage since 2009. Militants...

TEMPO.CO, Jakarta: The Indonesian government has stated that they are not worried about the United States decision to report Indonesia to the World Trade Organization (WTO) for banning the imports of horticultural products and livestock as well as their derivative product. The ban is claimed as a way to protect the national industry. “It’s normal mechanism,...

TEMPO.CO, Bandung: The Bandung Basin Research Group (KRCB) discovered menhirs and rocks that are assumed to be Ganesha statues at the top of Mount Lalakon. Since 2011, the mountain in Soreang, Bandung regency, has been known as one site of the Pyramid Mountains. KRCB Secretary Sujatmiko said that the menhirs and rocks were found on December 29, last year, hidden behind...

TEMPO.CO, Banda Aceh: The bylaw that prohibits female passengers from straddling on motorcycles, passed by Lhokseumawe Mayor, Suaidi yahya, continues to receive criticism. The Civil Society of Sharia (JMSPS) sees the bylaw as “duping the public”. According to their study, there is not one Sharia law that regulates how a woman should sit while driving. “Similarly,...

TEMPO.CO, Jakarta: Sutarto Alimoeso, President Director of the National Logistics Agency (Bulog), stated that, to stabilize the stock of soybeans and sugar, Bulog must have sufficient amount of stockpile to as emergency reserve. Therefore, in Bulog’s work plan, the agency stated that it would import 400 thousand tons of soybeans and approximately 100 thousand tons...

TEMPO.CO, Jakarta: The government is asked to create a policy that can regulate the purchase of soybeans produced by farmers, such as government purchasing price (HPP). HPP is believed to be able to encourage farmers to continue to plant soybeans. If the government does not intervene in the marketing of soybean, Indonesia will continue to depend on soybean import for a...