Source Pravda.Ru

$1.73 bln spent on advertising in 2001

Last year, the country spent 1 billion 730 million dollars on advertising, that is, 54% more than in the previous year, Russia's deputy Minister for Press, Television, Radio Broadcasting and Mass Communications Andrei Romanchenko announced on Thursday.

According to his words, radio advertising costs in 2001 reached 55 million dollars, which was a 13% increase as compared to the year 2000, and 4 million dollars were spent on Internet advertising /a 67% increase/, stated Romanchenko, addressing a session of the Federation Council Committee on Information Policy. The session was dedicated to the state and prospects for radio broadcasting in Russia.

As of today, there are more than 2,000 registered radio programs in Russia, of which about 1,600, or 80%, are privately-owned. The country has issued 1,200 radio broadcasting licenses, of which 908 went to privately-owned enterprises, noted Romanchenko.

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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