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Some areas may vote again

Article Abstract:

The Indonesian government is eyeing the possibility of conducting a new set of polls in remote provinces where corruption and fraud have been allegedly rampant. Although the plan would not create substantial changes to the outcome of the national polls, analysts believe that the move would create a certain degree of political uncertainty in the country. According to reports, the Golongan Karya ruling party committed serious electoral violations by resorting to illegal polling booths, coercion and multiple voting.

Author: Wagstaff, Jeremy
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999

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Bank Lippo shake-up may enhance industry in Indonesia

Article Abstract:

The move by PT Bank Lippo to hire Ian Clyne as its president director and CEO is seen as a positive development for the Indonesian banking industry. Clyne, who is also the country manager for ING Baring Indonesia, will be the first foreigner to lead an Indonesian private bank. The development, which also includes the appointment of four outsiders to Lippo's nine-member board, is expected to result in better corporate governance, increased transparency and more credibility for the bank.

Author: Fung, Noel
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
Commercial Banks, Commercial Banking, Executive changes & profiles, Indonesia, Banking industry, Management, Officials and employees, Appointments, resignations and dismissals, Financial institutions, Chief executive officers, Clyne, Ian, PT Bank Lippo

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