Weekly Business

July 15, 2003

Divestment Comes in Threes

IN a meeting of the Finance and Banking Commission of the House of Representatives (DRP) last Tuesday, the State Minister for State-Owned Enterprises (SOEs), Laksamana Sukardi, requested that the DPR approval of the divestment of three banks be made a DPR decision. At the meeting, the commission had, in principle, approved the sale of government shares in Bank Rakyat Indonesia (BRI), Lippo Bank and Bank Internasional Ind

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