Avoiding the Impact
Tuesday, November 4, 2008
MANY ways have been devised by businesses to avoid the impact of the weakening of the rupiah against the US dollar. Some re-denominate their debts from dollar to rupiah, others are set on a cost-saving program.
FRANCISCUS WELIRANG
DEPUTY CEO, PT Bogasari Flour Mills Tbk
The flour industry benefits from lower commodity prices. Today the price of import flour is half of what it was before—US$100 per ton. Only it now must be paid in the increa
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