Suryainti propose cutting debt 40%

Suryainti Permata Tbk PT proposes cutting debt by 40% of the principal debt to the creditors Oversign BV
Director Henry J. Suryainti Permata Gunawan through exchange of information disclosure today revealed the company also proposed exemption of interest payments on certain days.
“The company also denied the existence of additional collateral. Until now there has been no [...]

New loans in China reached 1.6 trillion yuan

new Credit distributed in China until January 29 to reach 1.6 trillion yuan (U.S. $ 234 billion).
The report, written by the Economic Information Daily said Industrial & Commercial Bank of China Ltd. distributed more than 170 billion yuan, up by January 29. The news was cited by Xinhua News Agency without naming its source.
Bank of [...]

Stop the World Central Bank Emergency Loan

Central banks around the world primary on Wednesday (27/1/2010) local time said it would stop the U.S. dollar emergency loan made during the financial crisis, reflecting growing confidence in the financial system back to health.
The decision, announced in coordinated statements is an important milestone in the global financial crisis and marked the first integrated revocation [...]

SBY-Boediono Foreign Debt Addiction?

Instead of eliminating the debt, the government of SBY-Boediono exactly add new debt. Ironically, it was done in a 100 day program. Naturally, if the International NGO Forum on Indonesian Development (INFID) assess the Cabinet Indonsia addicted Unity II debt, both bilaterally and multilaterally.
Advocacy Coordinator so said Wahyu Susilo INFID in discussions “SBY 100-Day Government [...]