Tuesday, June 15, 2004

Back now

More than two weeks since I last blogged. Partly because this whole resettlement takes time. Other, extremely slow e-connection. I have talked with several people, and they agreed this is a national problem. There are only 3 main providers that serve the internet in the country. Bottleneck in the gate.

Anyway, I haven't really tuned in to the country's economic problems. But it is obvious that Rupiah has been very volatile lately due to the oil price ups-downs, and presidential election. An editorial in Kompas yesterday said: "Market, please do not overreact". What in the world is that? An analyst also said, "Government should tell government enterprises not to demand too much dollars" -- what a wishful thinking (and stupid, too).

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