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INDONESIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2001.

AsiaPulse News

| March 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

JAKARTA, March 1 Pulse - Highlights of today's newspapers:

THE JAKARTA POST

- The Indonesian Bank Restructuring Agency has named a Malaysian consortium led by DRB HiCom as the preferred bider to take over the Jakarta Outer Ring Road toll project, the agency's senior executive said.

- State electricity company PT PLN warned Wednesday it would impose rotating power cuts in some parts of the country due to a shortfall in supplies.

- The House of Representative banking committee gave its approval Wednesday to the government's crucial program to divest its shares in the publicly listed Bank Central Asia and Bank Niaga in the first half of this year.

THE INDONESIAN OBSERVERS

- The Supreme Court yesterday rejected an appeal by the World Bank's private sector lending arm, the International Finance Corporation, over a debt restructuring plan for one of its debtors.

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Source: HighBeam Research, INDONESIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2001.

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