Again Rupiah Go to Rp9.000

JAKARTA - Trends strengthening U.S. dollar (U.S.) seems pressing any other currency. As a result, the rupiah is also exploring another sinkhole Rp9.000 per USD level.
Rupiah, based on the exchange rate of Bank Indonesia (BI) in late trade on Friday (11/26/2010) weakened to Rp8.966 per USD, compared with its position in late trading yesterday in Rp8.958 per USD.
Meanwhile, according yahoofinance, the rupiah has touched even Rp9.007 level, 5 per USD, the daily trading range is the 0.5-Rp9 Rp8.962 .012,5 per USD.

Busyro Muqoddas Elected So KPK

JAKARTA - Muqoddas Busyro formally elected as head of the Corruption Eradication Commission (KPK), replacing Antasari Azhar.

Based on voting in the House Commission III, Busyro managed to outperform its rival, Bambang Widjojanto.

Busyro bagging 34 votes while another candidate Bambang Widjojanto only managed 20 votes.

"Thus the determination of the replacement candidate is Busyro Muqoddas KPK leaders," said Chairman of Law Commission Benny K. Harman hammer knocking in Commission III, Jakarta, (25/11/2010)

Kadin: Indonesia vs Malaysia Tension Do Not Disturb Business

Chairman of the Chamber of Commerce and Industry (Kadin) Indonesia Adi Putra Tahir hopes, tensions Indonesia-Malaysia relations not to interfere with business relationships to the two countries. "Do not bother," said Adi Putra in Jakarta, Friday (27 / 8).

Ten State-Owned Enterprises Offer IPO in the 2011

Ministry of State-Owned Enterprises targeted 10 state-owned enterprises can offer (IPO) on the Indonesian Stock Exchange (BEI) in 2011. "We will seek state-owned companies into the stock market can continue to grow," said Mustafa Abubakar, Minister of State in Jakarta, Friday (27 / 8).