[ppi] [ppiindia] Bapepam opposes planned restrictions on foreign investments

** Mailing List|Milis Nasional Indonesia PPI-India **
** Situs resmi: http://www.ppi-india.org **
** Situs milis: http://groups.yahoo.com/group/ppiindia **
** Informasi Beasiswa Scholarship: http://informasi-beasiswa.blogspot.com **
<br><br><a href="http://informasi-beasiswa.blogspot.com";><img 
src="http://feeds.feedburner.com/Info_Beasiswa.gif"; height="67" width="200" 
style="border:0" alt="Info Beasiswa Scholarship "/></a><br><br>
http://www.antara.co.id/en/seenws/?id=18914


Bapepam opposes planned restrictions on foreign investments


Bandung, West Java (ANTARA News) - The Capital Market Supervisory Board 
(Bapepam) opposes the proposed restriction on the inflow of foreign investments 
to avoid hedge funds that may cause bigger problems, its chairman A. Fuad said.

"We have long applied open capital account. "If the policy is applied we will 
see a setback," he said in a workshop here on Saturday.

"We`d better make regulations capable of withholding foreign funds for a long 
time," he said.

He also said the percentage of foreign capital market transactions in Indonesia 
showed an upward trend.

However, he added, that the capital market`s contribution to the economic 
growth was still small, reaching 29 to 30 percent of the gross domestic product 
(GDP), while the remaining 70 percent was dominated by the banking sector.

"In developed states the capital market`s contribution to GDP is 80 percent," 
he said. (*)


COPYRIGHT © 2006 ANTARA

August 26, 2006


[Non-text portions of this message have been removed]



***************************************************************************
Berdikusi dg Santun & Elegan, dg Semangat Persahabatan. Menuju Indonesia yg 
Lebih Baik, in Commonality & Shared Destiny. 
http://groups.yahoo.com/group/ppiindia
***************************************************************************
__________________________________________________________________________
Mohon Perhatian:

1. Harap tdk. memposting/reply yg menyinggung SARA (kecuali sbg otokritik)
2. Pesan yg akan direply harap dihapus, kecuali yg akan dikomentari.
3. Reading only, http://dear.to/ppi 
4. Satu email perhari: ppiindia-digest@xxxxxxxxxxxxxxx
5. No-email/web only: ppiindia-nomail@xxxxxxxxxxxxxxx
6. kembali menerima email: ppiindia-normal@xxxxxxxxxxxxxxx
 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/ppiindia/

<*> To unsubscribe from this group, send an email to:
    ppiindia-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/
 



--------------------------------------------------------------------------
Situs resmi: http://www.ppi-india.org ; 
Situs milis: http://groups.yahoo.com/group/ppiindia ; 
Informasi Beasiswa Scholarship: http://informasi-beasiswa.blogspot.com
--------------------------------------------------------------------------
<br>
<a href="http://informasi-beasiswa.blogspot.com";><img 
src="http://feeds.feedburner.com/Info_Beasiswa.gif"; height="67" width="200" 
style="border:0" alt="Info Beasiswa Scholarship "/></a><br>

Other related posts: