'Affirmative Action Program'

October 23, 2000

The coordinating minister for the economy and the chairman of IBRA have made a decision on the restructuring of the non-performing debts of five conglomerates, namely PT Banten Java Persada, PT Kiani Kertas, Group Tirtamas Majutama, Group Texmaco and Group Sinar Mas. This decision has created pros and cons. There is a restructuring plan, however, used by palm oil plantation companies that stands a good chance of solving social, economic and polit

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