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June 28, 2016 edition

BUREAUCRACY
Thirteenth-Month Salary and Lebaran Bonus Disbursement
The finance ministry started disbursing some of the 13th-month salaries and holiday allowances for civil servants and members of the Indonesian Military and the National Police last week. The process will unfold until the middle of next month. "The bottom line is, beginning Thursday, the 13-month salaries and the Lebaran bonus will be paid gradually," said Finance Minister Bambang Brodjonegoro last Wednesday.

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June 21, 2016 edition

BANKING
BI Rate Slashed to 6.5 percent
At a two-day meeting, Bank Indonesia's board of governors agreed to cut its benchmark interest rate (BI Rate) by 25 basis points to 6.5 percent, effective from June 17. The drop is the fourth this year, following 25-point cuts in the months of January, February and March.

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June 14, 2016 edition

FISHERIES
Import Taps Opened Slightly
Fisheries and Marine Affairs Minister Susi Pudjiastuti has denied a request for unrestricted fish import rights. She said a reduction in fish imports should be pursued instead. "I will not increase imports," Susi stressed during a meeting with Commission IV of the House of Representatives (DPR) last week.

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June 7, 2016 edition

TRANSPORTATION
Government Legalizes Ride-Hailing Apps
The government has finally acknowledged the existence of app-based taxi applications like GrabCar, GoCar, and Uber.

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May 10, 2016 edition

TRANSPORTATION
Government Inaugurates Nine New Ports
Transportation Minister Ignasius Jonan has inaugurated nine seaports in Sulawesi. They include a new port in Bungkutoko, Kendari, Southeast Sulawesi, as well as an eight-port development project in North Sulawesi, Central Sulawesi and South Sulawesi.

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May 3, 2016 edition

TRANSPORTATION
High-Speed Rail Not Ready for Halim
The government's Jakarta-Bandung high-speed railway project still lacks permission to connect to the Halim Perdanakusuma Air Force Base.

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April 26, 2016 edition

SOES
Establishment of Six SOE Holding companies Accelerated
The state-owned enterprises (SOEs) ministry is accelerating discussions on a draft government regulation concerning the establishment of six SOE holding companies. The formation of the six holding companies in the oil and gas, mining, banking, toll roads, housing and construction and engineering sectors is targeted to finish by mid-2016 in order to comply with President Joko Widodo's request for it to be concluded this year.

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