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Bank Indonesia: BCA Bidders Must Complete Documents by Monday

22 July 2003 16:26 WIB

TEMPO Interactive, Jakarta:Indonesia's central bank, Bank Indonesia announced the deadline for Bank Central Asia (BCA) bidders to complete their documents was Monday, February 11. Bank Indonesia Governor Syahril Sabirin, said today (8/2), “On Monday, if the documents are still incomplete, we cannot conduct a fit and proper test on them and make an evaluation.” Syahril, however, did not conclusively say that a bidder would be disqualified if it did not submit all of its required documents by Monday. When asked whether the bidders had signed the Letter on Comfort (LoC) the Bank Indonesia Governor vaguely reply, “I don't know how much we have progressed.” The LoC is a statement of commitment by bidders to abide by Indonesian banking laws and regulations. (Ebnu YufriadiTempo News Room)


5 Airports in Sulawesi Still Closed due to Mount Ruang Eruption

1 jam lalu

5 Airports in Sulawesi Still Closed due to Mount Ruang Eruption

A number of airports in the Indonesian airspace over Sulawesi remain closed today due to the spread of volcanic ash from the newly erupted Mount Ruang


AI Fuels Cloud Computing Boom for Tech Giants

7 jam lalu

AI Fuels Cloud Computing Boom for Tech Giants

Three of Wall Street's heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days.


Earthquake Shakes Garut 4 Times, BMKG Data Shows

7 jam lalu

Earthquake Shakes Garut 4 Times, BMKG Data Shows

Another earthquake shook Garut and some parts of West Java on Wednesday night, May 1.


Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

10 jam lalu

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

Here is the list of the top 3 news on Tempo English today.


Microsoft, Brookfield to Partner on Renewable Energy Projects

11 jam lalu

Microsoft, Brookfield to Partner on Renewable Energy Projects

Canada's Brookfield Asset Management (BAM.TO) and technology giant Microsoft (MSFT.O) will develop new wind and solar farms.


A Domestic Recipe for the Middle East Conflict

11 jam lalu

A Domestic Recipe for the Middle East Conflict

The Middle East conflicts will harm the Indonesian economy. The solution is to improve the domestic economy.


Top 7 Strongest Currencies in the World; US Dollar Excluded

12 jam lalu

Top 7 Strongest Currencies in the World; US Dollar Excluded

It is actually not surprising that the US dollar is not among the strongest currencies despite being the most-traded currency globally.


Garuda Indonesia Posts Revenue of USD 711.98 Mn in Q1 2024

12 jam lalu

Garuda Indonesia Posts Revenue of USD 711.98 Mn in Q1 2024

National flag carrier PT Garuda Indonesia records a surge in revenue growth of up to 18.07 percent.


Thousands Join Jakarta May Day Rally; Access to Palace Blocked

14 jam lalu

Thousands Join Jakarta May Day Rally; Access to Palace Blocked

To commemorate International Labor Day, also known as May Day, thousands of workers from various unions took to Jakarta streets.


May Day; Indonesia President-elect Prabowo Hopes for Greater Prosperity for Workers

14 jam lalu

May Day; Indonesia President-elect Prabowo Hopes for Greater Prosperity for Workers

President-elect Prabowo Subianto hopes all workers will see remarkable progress and attain greater prosperity in coinciding with May Day.