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Indosat Divestment

Don't Blame it on the Blasts

Tuesday, October 22, 2002

The recent bombings in Bali are not to blame for thedelay in discussions with prospective investors. Government regulations and the issue of rate increases are in question.

arsip tempo : 173227748797.

. tempo : 173227748797.

The Indonesian Bank Restructuring Agency has admitted that its asset sale program has been adverselyaffected by the terrorist incident in Bali. This may be true, but what of the Indosat divestment? It's a fact that the explosion in Kuta, Bali, on the night of Saturday, October 12, has negatively impacted local money and capital markets. On Monday, October 14, the value of the rupiah weakened by 320 points to the US dollar, while the combined s

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