AS from this March onwards, our eyes and our ears will be befuddled by a new abbreviationPPA. This stands for what in Indonesian means the Asset Management Company.

Theres no doubt at all that PPA is in fact a reincarnation of the Indonesian Bank Restructuring Agency, more commonly known as IBRA. During its five-year tenure, this agency was responsible for creating and using a whole series of confusing new abbreviations, such as AMC (Asset Managem