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SE Asia considers single currency
Posted on 14. Dec, 2010

Southeast Asian central banks may consider an eventual currency convergence to strengthen economic cooperation between the neighboring nations, officials say.

BI deputy governor Halim Alamsyah said on the sidelines of a seminar with central bankers from the region that it may be possible to resolve cross-border issues by applying a single currency for Southeast Asian countries.

“But it will take a lot of time. By 2015, there will be a Southeast Asian common market, and if it succeeds a single currency is possible. But before that, we need to converge the economies,” he told reporters in Jimbaran, Bali.

The South East Asian Central Banks (SEACEN) Center’s executive director Karunasena agreed, saying there would be a lot of pre-conditions before a single Southeast Asian currency were applied.

“For now, regional pooling and other initiatives are more practical and easy to work,” he added.

Jakarta Airport is Busy!
Posted on 14. Dec, 2010

Soekarno-Hatta International Airport in Jakarta was ranked 22 among 100 major international airports in terms of combined passenger arrivals and departures.
The airport served 37.1 million passengers last year.

"Our position is so close to the Singapore airport, which serves 37.2 million passengers," Angkasa Pura II president director Tri Sunoko told participants during a public discussion on problems associated with the airport, in Jakarta on Thursday.

He said Harstsfield international airport in Atlanta, the United States, topped the list with 88 million passenger arrivals and departures annually.

Soekarno-Hatta's figure was a 15.2 percent increase from the year before, when the world was hit by a major economic crisis.

"Other international airports failed to grow, or reported negative growth in that period," Tri said.
This year, he said, Soekarno-Hatta airport was expected to serve 40 million passengers.

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