[Kabar-indonesia] 24 RI Biz/Econ Reports: FDI Down 44%; Car Sales Up; BNI; Matahari [+JSX, Rupiah]

[Joyo at aol.com]

24 Reports:

- Indonesian Jan-Sept foreign direct
  investment down
- Indonesian shares dip 0.2 percent, 
  led by decline in gas, telecoms
  [incl: Rupiah flat at 9,221]
- Indonesia consumer confidence
  highest in a year
- Indonesia's Sept car sales 34,108 
  vs 28,066 in Aug - auto association
- Indonesia's Astra Sep Car Sales 
  Up 24% On Month To 18,412
- Nissan to invest US$60 mln in Indonesia
- Daihatsu to spend $200 mln on new
  Japan car plant
- Indonesia's BTN plans to sell 1-1.5 trln 
  rupiah worth of bonds next year
- BNI Securities Plans IDR300B Bonds 
  in '07
- Indonesian Govt To Sell 18% Stake In
  Bk Tabungan Pensiun
- Finance Indonesia receives US$43.38 
  mln loan from Bank Danamon
- Indonesia Gets EUR14.3 Mln From 
  EU, Dutch For Fincl Mgmt
- Indonesian money factory wins order 
  from Nepal
- Malaysian co sells 50% of its 
  stake in Indonesia's Gajah Tunggal
- Indonesia's Bimantara plans to buy 
  49 pct of Indovision - report
- Indonesia's Infoasia to acquire 
  Gemilang
- Indonesia Matahari Plans To 
  Issue New Shares In 1Q 2007
- Indonesia's Ciputra Development 
  plans1.22 trln-rupiah rights issue
- Stock alert - Indonesia's Ciputra Devt 
  sharply lower after rights issue plan
- Epson to raise investment in Indonesia
- 16 Chinese shoemakers invest US$90 
  mln in Indonesia
- Samudera Builds IDR5T Polypropylene
  Plant: report
- Indonesia's Alfa Retailindo to sell land,
  building for 5.18 bln rupiah
- Most companies involved in illegal fishing
  hold govt. permit

Indonesian Jan-Sept foreign direct investment down

JAKARTA, October 12 (Reuters) - Actual foreign direct investment (FDI)
in Indonesia fell 44 percent to $4.3 billion in the January-September
period from a year ago, government data showed on Thursday.

Meanwhile, FDI approvals fell 1.3 percent to $10.5 billion in the
first nine months of this year, the state investment agency (BKPM)
said.

The agency did not give further details.

Analysts say the weak foreign investment data is in large part due to
grinding bureaucracy in the country, which discourages investors
entering Southeast Asia's largest economy.

The data also showed that actual domestic investment rose slightly by
3.8 percent to 12.43 trillion rupiah ($1.35 billion) from a year
earlier, while domestic direct investment approvals rose 182 percent
to 107.93 trillion.

The BKPM data does not cover industries such as oil and gas, banking
and insurance.

Indonesia badly needs foreign investment to help develop its mostly
shoddy infrastructure and boost economic growth.

Although FDI in Indonesia almost doubled to $8.9 billion in 2005 from
a year earlier, graft, red tape, an unfriendly bureaucracy, tough
labour laws and an unreliable legal system make Indonesia a poor
choice compared with some regional rivals.

The government wants to attract $145 billion in foreign money to
finance infrastructure projects during the current administration's
five-year term to 2009, but progress has been slow.

--------------------------------

Indonesian shares dip 0.2 percent, led by decline in gas, telecoms

JAKARTA, October 12 (AP) - Indonesian shares fell 0.2 percent 
Thursday in light trading, as strong gains in financials were offset 
by selling of gas distributor Gas Negara.

The composition index of 380 companies ended at 1,549.535, up from an
intraday low of 1,539.667, but below Wednesday's close of 1,553.119.

Shares in national gas distributor Gas Negara dipped 3.1 percent to
11,050 rupiah, while telecommunications heavyweight Telkom fell 0.6
percent to 8,200 rupiah. Bank Mandiri rose 4.9 percent to 2,700 rupiah
on hopes of strong 2006 earnings.

"Overall sentiment remained weak amid worries of high inflation in
October due to Islamic festivities," a trader said, referring to the
Muslim holy month of Ramadan.

Meanwhile, the U.S. dollar slipped slightly against the Indonesian
rupiah to 9,221 from 9,222 a day earlier. Dealers expect a tight
trading range Friday in absence of fresh market cues.

"A lot of players are staying out of the market until there's some new
impetus," said one dealer.

------------------------------------

Indonesia consumer confidence highest in a year

JAKARTA, October 12 (Reuters) - Indonesian consumer confidence in
September rose to its highest level in 12 months helped by falling
inflation, lower interest rates and a stable rupiah, a central bank
survey showed on Thursday.

The consumer confidence index rose by 3.0 points to 96.1 in September
from 93.1 in August. The survey covered 4,365 households in 16 cities

A reading below 100 means most consumers are pessimistic about the
future. The index has been below 100 since July last year.

"This is expected as we see central bank interest rates continuing to
fall," said Jakarta-based economist Roy Bahrain of Bank Niaga.

Fuel price increases pushed annual inflation above 18 percent late
last year, prompting the central bank to raise interest rates.

Inflation has since eased to an annual rate of 14.55 percent in
September, and the central bank cut benchmark interest rates to 10.75
in October in a bid to boost growth.

As the impact of the fuel price rise fades, the central bank has said
the rate could fall to between 9-9.5 percent at the end of the year.
It also expects annual inflation to fall to around 7 percent at
year-end.

The rupiah has gained around 7 percent against the dollar this year
partly due to strong foreign fund inflows seeking high-yielding
assets.

------------------------------------------------------------

Indonesia's Sept car sales 34,108 vs 28,066 in Aug - auto association

JAKARTA, October 12 (XFN-ASIA) - Domestic car sales rose to 34,108
vehicles in September from 28,066 in August, a report released by the
Indonesian Automotive Industries Association (Gaikindo) showed.

The September figure was the highest since last November but was 23
pct below the 44,044 units sold in the same month of last year.

The report said PT Astra International's market share increased to 54
pct in September from 53 pct in August, with its local sales rising to
18,412 vehicles from 14,871.

In the first nine months to September, industry-wide sales fell 47 pct
to 233,702 vehicles from 439,818 a year ago.

--------------------------------------------------------------

Indonesia's Astra Sep Car Sales Up 24% On Month To 18,412

JAKARTA, October 12 (Dow Jones)--Indonesia's PT Astra International
(ASII.JK) sold 18,412 new vehicles in September, up 24% from 14,872
units sold in August, according to data released Thursday by the
association of local vehicle assemblers, Gaikindo.

Astra's September sales, however, dropped 17% on year. It sold 22,109
units in September last year.

Singapore's Jardine Cycle & Carriage Ltd. (C07.SG) owns 50.12% of
Astra, which is Indonesia's largest automotive company by output and
assets.

Astra didn't give any reason for the on-month vehicle sales increase,
but analysts said the lower interest rate environment had encouraged
people to buy vehicles via bank loans.

Total new vehicle sales in Indonesia for September rose 22% to 34,108
from 28,066 in August. The nation's total car sales in September were
down 23% from 44,044 units sold last year, according to Gaikindo.

Car sales in Indonesia fell after the government slashed fuel
subsidies in October last year, raising pump prices.

In the first nine months of this year, total national car sales came
in at 233,702 units, down 40% from 390,431 units sold in the same
period a year earlier.

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Nissan to invest US$60 mln in Indonesia

JAKARTA, October 12 (Asia Pulse/Antara) - Automotive producer Nissan
plans to invest around US$60 million in Indonesia in several stages
until 2008, to increase its production capacity to 40,000 units and
improve and extend its sales network in Indonesia, Nissan chief
executive officer Carlos Ghosn said here on Wednesday.

Ghosn had launched Nissan's new seven-seater Livina on his second
visit to Indonesia.

"We are preparing the plant in Indonesia to increase its production to
40,000 units in 2008 and 75 per cent of its output will be Livinas,"
he said.

He said he was optimistic that Nissan would be able to increase its
market share in Indonesia with the presence of the Livina type of
cars, which were competitively priced and met the needs of the
country's market.

Livina was expected to be marketed next year and Indonesia would be
the second country after China to market the brand.

Carlos said Indonesia was a potential market, in view of its large
population. He said Indonesia's economy would also continue to grow.

"We will continue to invest in Indonesia, while studying developments
in its market," he said.

Nissan considered Indonesia as an important production base in the
company's global strategic development.

"Indonesia will be a very competitive country, even compared to China
and India, because the cost of doing business and production in the
country is low," he said.

But he also said it would all depend on the company's capability to
develop its human resources in the country.

President Director of the Indomobil Group, Gunadi Sindhuwinata,
meanwhile said he was also optimistic Livina would be accepted in the
country's market moreover it would only be sold next year when demand
for cars was expected to rise.

He said Livina would be Nissan's exemplary product. However, he
declined to set a target.

"Livina will be assembled in Indonesia with local content reaching
minimally 40 per cent, so it will also be marketable in Southeast
Asia," he said.

The Nissan plant's present production capacity in Indonesia is 20,000 units.

--------------------------------------------------------------

Daihatsu to spend $200 mln on new Japan car plant

TOKYO, October 12 (Reuters) - Japan's Daihatsu Motor Co. , the
minivehicle unit of Toyota Motor Corp. , said on Thursday it would
spend about 23.5 billion yen ($196.5 million) to build a new
minivehicle factory in southern Japan.

The factory will be built at the site of its existing plant in
Nakatsu, Oita prefecture, and will have the capacity to manufacture
230,000 minivehicles a year, the company said.

Daihatsu had spent 40 billion yen on the first factory, which annually
produces 230,000 units of the Be-go compact sport utility, Toyota's
Rush and other models.

Production will begin at the second factory at the end of 2007 with
initial annual output of 120,000 units, rising to full capacity by
2009, a Daihatsu spokesman said.

The new plant will employ about 900 at the start of operations.

Daihatsu has forecast a nearly 20 percent increase in its global
output in 2006 to 1.398 million units, largely thanks to brisk demand
for Toyota-badged vehicles that it builds.

Last week, a Daihatsu executive told Reuters the car maker planned to
double annual output capacity at its plant in Indonesia, its main
overseas market, to 270,000 units by 2010.

Minivehicles, with engine displacements of 660cc, have attracted
strong demand in the lacklustre Japanese market, eating into sales of
bigger, more profitable sedans.

-------------------------------------------------------------

Indonesia's BTN plans to sell 1-1.5 trln rupiah worth of bonds next year

JAKARTA, October 12 (XFN-ASIA) - PT Bank Tabungan Negara (BTN), a
state bank specializing in housing loans, plans to sell about 1 to 1.5
trln rupiah worth of bonds next year to support its loans expansion,
company president Kodradi said.

"Over the next 3-4 years, we need to raise about 5 trln rupiah from
bond sales," he told reporters at parliament.

"For next year, it could be 1 to 1.5 trln, depending on interest rate
and market conditions," he added.

BTN has targeted 5.7 trln rupiah worth of new loans this year, of
which about 78 pct of the total had been disbursed as of the end of
September.

Kodradi said BTN's outstanding loans at end September stood at 17.34
trln rupiah, with the non-performing loans making up 3.41 pct of the
total.

-------------------------------------------------------------

Bank Negara Indonesia sees 2007 loans growth of at least 20 pct

JAKARTA, October 10 (XFN-ASIA) - State-run PT Bank Negara Indonesia
(BNI), the country's third largest bank by assets, expects to see its
loans grow by at least 20 pct next year, aided by the decline in
domestic interest rates, company president Sigit Pramono said.

"As for this year, we are trying to achieve 10 pct growth," he told reporters.

BNI's outstanding loans totaled 62.9 trln rupiah at the end of last year.

Pramono said the bank will focus on seeking to expand its loans to
small-and-medium enterprises, as well as looking to boost corporate
credit to the palm oil, telecommunication, chemical and infrastructure
sectors.

--------------------------------------------------------------

BNI Securities Plans IDR300B Bonds in '07

JAKARTA, October 12 (Dow Jones)--PT BNI Securities is seeking to issue
IDR300 billion worth of bonds next year to expand its brokerage
business, Bisnis Indonesia reported Thursday.

The report quoted BNI Securities' President-Director Hindarmojo Hinuri
as saying that the company hopes to get approval from its majority
shareholder PT Bank Negara Indonesia (BBNI.JK) next month.

The paper didn't provide further details on the bond plan.

---------------------------------------------------------------

Indonesian Govt To Sell 18% Stake In Bk Tabungan Pensiun

JAKARTA, October 12 (Dow Jones)--The Indonesian government plans to
sell an 18% stake in unlisted PT Bank Tabungan Pensiun Nasional via an
open tender to raise funds for the current budget, said state-owned PT
Perusahaan Pengelola Aset, or PPA, Thursday.

PPA, which is tasked by the government to manage and dispose assets
taken over from ex-bank owners, has named PT Bahana Securities and PT
Deutsche Securities Indonesia as advisors for the sale.

No indicative price range has been given.

The company didn't give a clear timetable for the divestment, saying
only that investors keen to take part can get an information package
from its advisors between now and Oct. 20.

The government owns a 28.4% stake in the middle-size bank, which has
IDR3.92 trillion total assets and 371 outlets across Indonesia.

--------------------------------------------------------------

Finance Indonesia receives US$43.38 mln loan from Bank Danamon

JAKARTA, October 12 (Asia Pulse/Antara) - Publicly-listed leasing
company PT BFI Finance Indonesia (JSX:BFIN) has received a Rp400
billion (US$43.38 million) loan from privately-run Bank Danamon.

The loan will be used to finance the company's business to extend
credits for cars and heavy equipment, BFI Director Cornellius Henry
said on Wednesday.

BFI signed a loan agreement with the bank on Tuesday.

The company intends to extend Rp2 trillion credits for cars and heavy
equipment this year and next year.

BFI is planning to open four new branches later this, bringing their
number to 45, he said.

--------------------------------------------------------------

Indonesia Gets EUR14.3 Mln From EU, Dutch For Fincl Mgmt

JAKARTA, October 12 (Dow Jones)--The European Union and the
Netherlands agreed Thursday to contribute a total of EUR14.3 million
to create a trust fund aimed at upgrading the Indonesian government's
financial management capacity.

The Public Financial Management Multi-Donor Trust Fund has been
established with a commitment from the E.U. of EUR9.3 million and from
the Netherlands of EUR5 million, a statement issued by the two sides
said.

The statement said the six-year program will support the Indonesian
government in areas including budget preparation and execution,
revenue administration and procurement.

"This program is core to the (Indonesian) government's efforts to
reform its financial management, to fight corruption and to improve
the investment climate in Indonesia," the statement said, quoting
Agnes van Ardenne-van der Hoeven, visiting Dutch minister for
development cooperation.

The Indonesian government's financial accounts management capacity
desperately needs an upgrade, an International Monetary Fund report
issued last month indicated.

The IMF report said that poor management of government finances poses
a serious challenge to fiscal transparency. It urged the government to
improve accountability in the collection and management of revenue.

The statement said the new trust fund will complement an existing $60
million World Bank-financed project launched in December 2004.

---------------------------------------------------------------

Indonesian money factory wins order from Nepal

JAKARTA, October 12 (Xinhua) -- Indonesia's state-owned money printing
company Peruri said Thursday it has won order from Nepal to
manufacture 1,000-rupee note and 500-rupee note totaling 30 million
pieces and 20 million pieces respectively.

With the new order from Nepal, in addition to contracts to manufacture
passport books for Bangladesh and Congo, Peruri raised revenue target
to 5 million U.S. dollars in 2007 from estimated 4 million dollars
this year.

Peruri president Kusnan Martono said the company has developed money
printing technology to match the capacity of other money factories in
Europe and Asia.

"Our 100,000-rupiah note even has more security features than a U.S.
dollar note," he was quoted by the country's leading news website
Detikcom as saying.

---------------------------------------------------------------

Malaysian co sells 50% of its stake in Indonesia's Gajah Tunggal

JAKARTA, October 12 (Asia Pulse/Antara) - Malaysian investors grouped
in Global Union Fiber Investments Ltd. (GUFI) have sold half of their
stake in publicly-listed Gajah Tunggal (JSX:GJTL) to the Indonesian
firm, an official said.

GUFI sold 3.16 per cent of its stake or 100,108,800 shares to the tire
manufacturer, PT Datindo Entrycom director Sastra Sukamto said here
Tuesday.

Datindo Entrycom company is PT Gajah Tunggal's stock administration bureau.

"With the selling of GUFI's shares in Gajah Tunggal company, GUFI's
share ownership was reduced from 348,480,000 or 11 per cent to
248,371,200 or 7.84 per cent," he said.

Some 10 per cent of Gajah Tunggal's shares was controlled by Compagnie
Financiere Michelin, 24.91 per cent by Denham PTE. Ltd. and 18.68 per
cent by Garibaldi Venture Fund Limited.

---------------------------------------------------------------

Indonesia's Bimantara plans to buy 49 pct of Indovision - report

JAKARTA, October 12 (XFN-ASIA) - Conglomerate PT Bimantara Citra is
planning to buy 49 pct of PT Indovision, a pay-TV company, Bisnis
Indonesia reported, quoting an unidentified source close to the deal.

The newspaper said Bimantara president Hary Tanoesoedibyo had declined
to elaborate.

"It is still in early stages," he was quoted as saying.

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Indonesia's Infoasia to acquire Gemilang

JAKARTA, October 12 (Asia Pulse/Antara) - Publicly-listed
telecommunication network and service provider PT Infoasia Teknologi
Global Tbk (JSX:IATG) is to acquire PT Gemilang Putri Nusantara (GPN),
a spokesman said.

PT Gemilang owns an optic fiber network in Nusa Dua on the
world-renowned tourist island of Bali, IATG corporate secretary Priska
Eryani said in a report to the chairman of the Capital Market
Supervisory Board (Bapepam) here on Tuesday.

The company holds the exclusive right to build optic fiber networks in the 
area.

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Indonesia Matahari Plans To Issue New Shares In 1Q 2007

JAKARTA, October 12 (Dow Jones)--Indonesian retailer PT Matahari Putra
Prima (MPPA.JK) plans to issue new shares in the first quarter of next
year to raise around IDR1 trillion to finance its expansion plan until
2009.

"We are now waiting for an approval from the local authorities to
launch the rights issue plan," Danny Konjongian, a Matahari director,
told reporters late Tuesday.

He didn't reveal the number of new shares that the company will issue,
but said, "we expect to issue the new shares in January or February
next year."

The proceeds combined with $150 billion of bonds issued recently will
be used to finance the development of up to 17 new hypermarkets and
eight department stores, Konjongian said.

He added that Matahari is also considering closing its department
store in Shenzen, China, due to increasing competition.

"The performance of our department store in China isn't that
promising...And we think it would be better for us to focus our
business in Indonesia," he said, without elaborating

Matahari now operates 25 hypermarkets, 82 department stores, 40 super
market and 110 family entertainment zones.

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Indonesia's Ciputra Development plans 1.22 trln-rupiah rights issue

JAKARTA, October 12 (XFN-ASIA) - Property developer PT Ciputra
Development has proposed to sell 2.45 bln shares though a 5-for-8
rights issue to raise 1.22 trln rupiah, the company said.

In a prospectus, Ciputra Development said it would use about 36 pct of
the proceeds to raise its stake in PT Ciputra Adigraha to 67.75 pct
from 27. 85 pct and its stake in PT Ciputra Sentra to 81.28 pct from
33 pct.

About 22 pct of the proceeds will be used to purchase convertible
bonds issued by wholly-owned unit PT Ciputra Residence.

The rest will be used to strengthen its working capital.

Ciputra Development said it would attach one warrant to every two new
shares. The warrants can be exercised at 500 rupiah each in the three
years starting May 27.

It said that PT Sang Pelopor, its largest single shareholder, with a
25. 09 pct stake, had agreed to buy up to 1.42 bln shares from
shareholders that fail to exercise their rights.

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Stock alert - Indonesia's Ciputra Devt sharply lower after rights issue plan

JAKARTA, October 12 (XFN-ASIA) - PT Ciputra Development shares were
sharply lower after the company announced a planned rights issue.

Tthe company said it plans to sell 2.45 bln shares via a 5-for-8
rights issue, aimed at raising 1.22 trln rupiah.

At midday, Ciputra Development was down 70 rupiah, or 10.77 pct, at 580.

Sinarmas analyst Alfiansah said the stock slump follows the the news
that the rights shares, and warrants, also being offered, carry an
exercise price of 500 rupiah, which is well below the common shares
closing price yesterday of 620 rupiah.

"It seems that the company's shares price are being adjusted in line
with the rights and warrants exercise price," Alfiansah said.

Satrio Utomo, an analyst with Recapital Securities, noted some of the
selling was probably from investors not interested in exercising their
rights.

"These investors are opting to unload their shares now, otherwise
their holding in the company will be diluted," he said.

Ciputra Development said earlier that PT Sang Pelopor, its largest
single shareholder, with a 25.09 pct stake, had agreed to buy up to
1.42 bln shares from shareholders that fail to exercise their rights.

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Epson to raise investment in Indonesia

JAKARTA, October 12 (Asia Pulse/Antara) - PT Indonesia Epson Industry
said it will increase its investment in the country by US$20 million
next year to expand its printer production capacity by 10 per cent.

Company Vice President Eiichi Abe said Epson, which produces around 1
million units of printer with sales valued at US$1 billion every
month, has so far invested US$200 million in the country.

Epson has made Indonesia its production base in the past 12 years, Abe said.

He said Indonesia Epson exports 90 per cent of its production, which
consists of printers in the low to middle range.

The company has two factories in Indonesia - one in the Cikarang
Industrial Estates and another in Batam.

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16 Chinese shoemakers invest US$90 mln in Indonesia

JAKARTA, October 12 (Asia Pulse/Antara) - Sixteen Chinese footwear
companies have invested US$90 million in Indonesia in the last three
months.

Metal Machine, Textile and Multifarious Industries Director General
Anasari Bukhari said the Chinese firms have decided to move operations
to the country after the European Union recently imposed high anti
dumping import duties on footwear products from China and Vietnam.

Meanwhile, branded shoe making companies from the European federation
for consumer goods industry have agreed to cooperate with Indonesia to
cope with possible shortage in footwear supply in Europe.

Indonesia already has the production facility for branded shoes like
Nike, Reebok and Adidas.

Ansari said most of the Chinese companies invested in East Java and
Tangerang, Banten, generating 18,000 jobs.

The government has said Indonesian shoe makers will gain from the EU's
anti dumping import duties imposed on footwear products from China and
Vietnam, two of the country's main rivals in international market.

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Samudera Builds IDR5T Polypropylene Plant: report

JAKARTA, October 12 (Dow Jones)--PT Samudera Semar Group will invest
IDR5 trillion ($542 million) in a new polypropylene plant to be
located in East Java, Bisnis Indonesia reported Thursday.

It will build the plant on a 150-hectare site in the Gresik Industrial
Zone, the newspaper said, quoting Zubeir Hali, president director of
PT Kawasan Industri Gresik, which operates the industrial zone.

The newspaper didn't provide further details on the plant.

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Indonesia's Alfa Retailindo to sell land, building for 5.18 bln rupiah

JAKARTA, October 12 (XFN-ASIA) - Retailer PT Alfa Retailindo said it
plans to sell land and building properties located in North Jakarta to
PT Atri Distribusindo for 5.18 bln rupiah, pending shareholder
approval at an upcoming extraordinary shareholders meeting.

It said the proposed sale price represents a 9.92 pct premium over the
properties' market value.

In a statement, it said the planned sale is part of the company's
strategy to divest its non-productive assets.

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Most companies involved in illegal fishing hold govt. permit

JAKARTA, October 12 (Asia Pulse/Antara) - About 70 percent of
companies that engage in illegal fishing in Indonesia hold legal
permits from the government, a Marine Resources and Fisheries Ministry
official said here Wednesday.

The remaining 30 percent of companies that poach fish in Indonsian
waters do not have a government permit, Marine and Fishery Resources
Supervision Director General Ardius Zaenuddin said.

Ardius strongly deplored the situation as the illegal fishing practice
was advantageous to other countries but not to the Indonesian economy.

Quoting data of the Marine Resources and Fisheries Research Agency,
Ardius said Indonesia in 2003 suffered a financial loss of Rp20
trillion (US$2 billion) from illegal fishing.

Consequently, the research agency had presented a list of companies
that routinely poach fish to the House of Representatives, he said.

To reduce poaching in Indonesian waters, the government had introduced
a vessel monitoring system (VMS) and required every Indonesian and
foreign fishing vessel measurng over 100 gross tons to have a
transmitter on board.

The transmitter was installed when the fishing vessel concerned
applied for fishing license from the government. But unfortunately,
many fishing vessels were reluctant to install the device.

So far, the government has distributed about 1,500 transmitters.

"But of this figure only 56 percent proved to have actually been
installed in fishing boats this year. Last year, only 39 percent of
the number of transmitters provided by the government had actually
been installed," Ardius said.

The figure of installed transmitters was very low compared with the
number of foreign fishing vessels operating in Indonesia which stood
at 2,700, he said.

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Joyo Indonesia News Service
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