Mining Holding Company to Be Established in Early 2007 Monday, 09 October, 2006 | 13:10 WIB TEMPO Interactive, Jakarta: The government a form the mining holding company (Indonesian Resources Company) in the first half of next year. Mahmuddin Yasin, Deputy Minister of State-Owned Enterprises (SOEs) in the Restructuring Division, said that the study on the mining holding company is finished and is waiting to be carried out.

President hopes additional 10,000 MW power to meet demand in Java, Bali Bondowoso (ANTARA News) - President Susilo Bambang Yudhoyono has expressed hope that the planned production of 10,000 additional megawatts of electric power in Java and Bali islands in the 2009-2010 period would bring about balance between supply of and demand for power.

Bakrie Telecom ups target to 1.5m customers The Jakarta Post, Jakarta PT Bakrie Telecom has revised upward its 2006 customer target from 1.3 million to 1.5 million. The target revision was due the company already registering 1.3 million customers for their Esia product by late September. By the third quarter of 2006, Bakrie's customer numbers had grown by 167 percent on the same period last year, when they had 487,000 customers. "We have passed the 1.3 million target.

Mobitel to float 3.9 billion shares on JSX The Jakarta Post, Jakarta PT Mobile-8 Telecom (Mobitel) will issue 3.9 billion shares on the Jakarta Stock Exchange later next month to raise fresh funds for financing the expansion of its Code Division Multiple Access (CDMA)-based wireless telecommunication networks throughout the country.

Govt finalizing implementation of citizenship law Adisti Sukma Sawitri, The Jakarta Post, Jakarta The much applauded Citizenship Law passed in July is yet to be workable because it lacks the necessary ancillary government regulations. The absence of the regulations has sparked complaints from transnational couples who have long hung their hopes on benefiting from the law.