Here’s an update about Indonesia’s waxing and waning English dailies.
The Globe – Still recruiting people but lots of people are geting paid for doing nothing because the launch of the paper is delayed till at least September. It was scheduled to hit the streets in August. Globians (Globbers?) blame the delay on the arrangements with the printer.
In the meantime the Point has stopped printing. Pontlesstians (Pointlets? Pointers?) say that they haven’t been working since March when money from the new investor, Renier Lateif dried up.
Renier was apparently persuaded to invest in The Point sometime early this year. Insurance agents should home in on the management team member of The Point for persuading Renier to invest because by then it was obvious that The Point was a pointless addition to the English language newspaper scene in Indonesia and woudl be a sinkhole with no bottom for any investment coming in.
But persuaded Renier was but no complete fool he, Renier told the management that he would inject only a certain amount of money and if that dried up that was it. The Drought has since hit and Pontlessians are now not working and are paid their arrears in installments.