October 25, 2011

City told not to rush into issuing bonds

The City Council has called on the Jakarta administration to reconsider its plan to issue bonds to finance
infrastructure projects. Five of the eight political factions at the council rejected the city’s plan during a plenary session on Monday.

The city is set to issue the bonds next year, expecting to rake in up to Rp 1.7 trillion (US$192.1 million).

Maman Firmansyah of the United Development Party (PPP), said the bond issuance could increase the burden on the city’s finances.

http://www.thejakartapost.com/news/2011/10/25/city-told-not-rush-issuing-bonds.html

Investment trend downstream, says BKPM
http://www.thejakartapost.com/news/2011/10/25/investment-trend-downstream-says-bkpm.html

DPRD Dorong Rencana Pemprov DKI Terbitkan Obligasi
http://www.mediaindonesia.com/read/2011/10/26/271126/38/5/DPRD-Dorong-Rencana-Pemprov-DKI-Terbitkan-Obligasi

Penerbitan Obligasi Alternatif Terbaik
http://koran-jakarta.com/index.php/detail/view01/74717

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