Pertamina to provide free bio-diesel supply for Idul FithriJakarta (ANTARA News) - As part of efforts to introduce bio-diesel, Indonesia`s state oil/gas company Pertamina will give free supply of 90,000 liters of bio-diesel to those serving Lebaran/Idul Fithri public transport.

Korean businessman to invest in US$300 mln resort project in BintanBatam, Riau islands (ANTARA News) - A Korean businessman will invest in a resort amounting to US$300 million in Pulau Bintan, Na Hyeon Chui, director of Raja Wali Koresia said here Wednesday.

PGN to produce coal bed methane in cooperation with three foreign partnersJakarta (ANTARA News) - State-owned gas company PGN will initiate cooperation with three foreign partners in the production of coal bed methane (CBM) in South Sumatra and Central Kalimantan.

Indonesia-Japan to sign MoU on import duty on agricultural productsJakarta (ANTARA News) - The Indonesian government will sign a memorandum of understanding (MoU) with Japan shortly on the import duty on agricultural and plantation commodities in each of the two countries.

Enercoal resources obtains $200 million loanJakarta (ANTARA News) - Enercoal Resources said on Wednesday it has obtained a US$200 million loan from the Credit Suisse`s branch in Singapore.The loan may increase but the rise would not be more than $100 million, Bumi Resources Finance Director Eddie J...

Indonesia free from IMF pressures after paying off its debtsJakarta (ANTARA News) - House Speaker Agung Laksono said that the House of Representatives (DPR) lauded the government`s step in paying off its debts to the International Monetary Fund (IMF) as it would politically and economically free...

National Team to Handle TNI’s BusinessWednesday, 18 October, 2006 | 17:47 WIBTEMPO Interactive, Jakarta: In order to handle the businesses of the Indonesian Military (TNI), the government is establishing a National Team for TNI Business Transformation.

Indonesia pushes for geothermal renewalBy ROBIN MCDOWELLASSOCIATED PRESS WRITER SALAK MOUNTAIN, Indonesia -- Indonesia, land of earthquakes and volcanos, is literally sitting on top of the solution for its energy needs: Vast reservoirs of hot water deep beneath the earth's crust can be harnessed to...

Bank Permata reshuffles managementJakarta (ANTARA News) - PT Bank Permata, Indonesia's seventh largest bank by assets, has revamped its board of commissioners and directors after recent changes in the ownership structure, corporate secretary Imam Teguh Saptono said.

Japan's Inpex plans final test drilling at Indonesian gas fieldTokyo (ANTARA News) - Inpex Holdings Inc said it has decided to shortly launch a final test drilling at an offshore natural gas field in Indonesia to verify reserve levels and to determine whether to go ahead with commercial production...

Astra Argo Lestari 9 month-CPO sales 711,901 tonsJakarta (ANTARA News) - PT Astra Agro Lestari said its crude palm oil (CPO) sales volume rose 14.4 pct to 711,901 tons in the nine months to September from 622,396 tons the year before.The company said high grade "Super" CPO accounted for 59.

Indonesia's Jan-Sept FDI approvals $10.52 blnJakarta (ANTARA News) - Approved foreign direct investment (FDI) in the nine months to September declined in value to 10.52 bln usd from 10.66 bln in the same period last year.

Indonesia September motorcycle sales rise to 494,111Jakarta (ANTARA News) - Industry-wide motorcycle sales rose to 494,115 in September from 440,288 in August, according to a report compiled by the Indonesian Motorcycle Industry Association (AISI).

Indomobil upbeat on vehicle sales in 2007 on easing interest ratesThe Jakarta Post, JakartaPT Indomobil Sukses International, the second largest automotive distributor and manufacturer in the country, says it is upbeat that the central bank's plan to further lower interest rates will help boost...

U.S. protests ban on fruit importsThe Jakarta Post, JakartaThe U.S. government has lodged a protest with the Indonesian Agriculture Ministry for its decision to ban the importation of several types of fruit from the U.S.

Pro-business customs law on the cards for enactmentUrip Hudiono, The Jakarta Post, JakartaExporters and importers may finally be seeing some light at the end of the tunnel as the House of Representatives appears set to approve amendments to the Customs Law that promise to cut bureaucracy and...