Red Alert For Newspaper Publisher
Monday, October 2, 2000
Although the cost of placing advertisements has increased, the recent jump in newsprint paper prices casts a shadow over the economic viability of the Indonesian press industry.
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News that paper prices would be increased by 12 percent in early October, has plunged newspaper publishers into a state of red alert. According to Executive Chairman of the Newspaper Publishers Association (SPS), Leo Batubara, newspaper publishers will have to dig deep into their pockets to raise the necessary US$640 per metric ton of paper resulting from the 12 percent increase. Previously, they were required to pay US$580 for the same amount
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