The Jakarta Post

Gas producers told to prioritize domestic market

admin — Fri, 20 Nov 2009 21:24:24 +0700

The government plans to evaluate several gas contracts, which are due to expire, in order to meet the future domestic demand for gas.

Indonesia, Australia eying expansion of business, trade

admin — Fri, 20 Nov 2009 21:02:25 +0700

Investment Coordinating Board chairman Gita Wirjawan and deputy trade minister Mahendra Siregar will brief 150 Indonesian and Australian businesspeople at a two-day conference in Yogyakarta on new

Govt hints at replacement of PLN boss

admin — Fri, 20 Nov 2009 19:11:54 +0700

The government said Friday it had formed a team to appraise the performance of the management of state electricity monopoly PT PLN, paving the way for a reshuffle of its top executives.

Oil hovers below $78 as traders eye US dollar

admin — Fri, 20 Nov 2009 13:17:36 +0700

Oil prices hovered below $78 a barrel Friday in Asia as investors eyed a volatile U.S. dollar and mixed economic data.

BTN expects Rp 2.6t from selling a 27% stake to the public

admin — Fri, 20 Nov 2009 13:06:00 +0700

After months of uncertainty, state lender Bank Tabungan Negara (BTN) started Thursday the preparatory process for the sale of its 27 percent stake to the public set to take place next month and pla

PLN to tender 4 power plants under 2nd crash program

admin — Fri, 20 Nov 2009 13:05:39 +0700

State utility company PT PLN plans to open tenders for construction of four power plants with the total capacity of 1,648 megawatt (MW) next year, a director said.

Bank Indonesia's 2010 deficit may jump to Rp 22t

admin — Fri, 20 Nov 2009 13:05:31 +0700

JAKARTA: Legislators are urging Bank Indonesia to take all necessary measures to push its income up next year in order to decrease the bank's likely deficit.

Japan's central bank keeps interest rate unchanged

admin — Fri, 20 Nov 2009 11:48:14 +0700

Japan's central bank kept its key interest rate unchanged at 0.1 percent Friday and upgraded its assessment of the world's second largest economy because of an improvement in exports.

Govt plans to implement e-procurement nationwide

admin — Fri, 20 Nov 2009 10:01:11 +0700

The newly established Government Procurement Regulatory Body (LKPP) plans to implement electronic procurement systems in all government institutions as its main target, in a bid to save the state m

Timah gross revenue may drop by 19% this year

admin — Fri, 20 Nov 2009 09:58:27 +0700

State tin mining firm PT Timah, the world’s largest, expects a 19 percent slump in full-year revenue from a year earlier as oversupply negatively affects global prices.