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INDONESIAN NEWSPAPER HIGHLIGHTS - JAN 2, 2001.

AsiaPulse News

| January 02, 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, Jan 2 Asia Pulse - Highlights of today's newspapers:

THE JAKARTA POST

- State electricity company PLN and the U.S. government-owned insurance company Overseas Private Investment Corp. (OPIC) have reached an agreement on the payment scheme for a US$290 million insurance claim arising from the former's failure to honor power purchase agreement.

- Indonesia officially entered a new era with the implementation of regional autonomy on Monday but it was greeted mostly by pessimism at the national level as offivcials feared that it would suher in a period of bureaucratic chaos.

- After surviving a tough spell in 2000, President Abdurrachman Wahid said on Sunday he believed the new year would bring Indonesia more blessings, particularly on the economic front.

BISNIS INDONESIA

- The government's Indonesian Bank Restructuring Agency (IBRA) ...

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