“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Monday, November 24, 2008

Antara seeks Rp 450 billion in aid to revitalize business

The Jakarta Post, Jakarta | Sat, 11/22/2008 12:14 PM  

State-owned news agency LKBN Antara is asking the government for a Rp 450 billion (US$41.5 million) bailout to in part modernize its business capabilities, a top executive says. 

CEO Ahmad Muklis Yusuf said Friday the agency had submitted the proposal for the bailout funds to the State Ministry for State Enterprises, which oversees state companies. 

“I have discussed the matter with the secretary of the minister for state enterprises, and the response was very positive,” Ahmad said without elaborating. 

Under existing regulations, the ministry can propose that state money be injected into ailing state companies providing the House of Representatives approves. 

Ahmad said the cash package, if approved, would be used mostly to revitalize and enhance the firm’s business performance, including by refurbishing its website. 

“We are planning to become a content providing company and to enrich our website with multimedia content, and we need help from the government to carry this out,” he said, adding that Antara aimed to become an independent business entity by 2012. 

At present, Antara — which provides news to media outlets — is operating at a financial loss. 

“We only get around Rp 10 million each year from the media (for supplying news), while our yearly production cost is Rp 40 million,” he said. 

Antara, he went on, had been suffering average annual losses of Rp 20 billion for the last five years.

Said Didu, secretary to the minister for state enterprises, said the office stood ready to support the development of the news agency and would process the proposal as soon as possible. 

“Currently, the State Development Finance Comptroller is auditing Antara’s assets, and the government is assessing how much capital the company needs,” Said added. 

According to Ahmad, Antara is currently also seeking funds from other sources, including bank loans. (dis

No comments: