Aneka Tambang’s Factory Restarts Production Thursday, 19 October, 2006 | 16:37 WIB TEMPO Interactive, Jakarta: The FeNi III factory that belongs to PT Aneka Tambang Tbk will start producing again in the end of November after suffering leaks. Kurniadi Atmosasmito, Aneka Tambang’s Finance Director, said this will increase the company’s ferro-nickel production to between 22,000 and 24,000 tons next year from this year’s target of between 13,000 and 15,000 tons.

Coal Supplier Tender for Power Plant Completed Thursday, 19 October, 2006 | 15:53 WIB TEMPO Interactive, Jakarta: The tender for suppliers of low quality coal for the 10,000 megawatt electricity project has netted five out of six companies that put in offers. One company failed because it did not include a guarantee.

Decrease in Electronic Products Because of Smuggling Thursday, 19 October, 2006 | 14:54 WIB TEMPO Interactive, Jakarta: The domestic electronic industry has cut production by 50 percent during 2006 on account of many smuggled electronic goods. The decrease in production was higher that last year's figure of 40 percent. Rachmat Gobel, Chairman of Indonesia's Electronic Alliance, said that local electronic sales this year have increased compared to those in 2005.

President urges new envoys to lure investors Tony Hotland, The Jakarta Post, Jakarta President Susilo Bambang Yudhoyono swore in 24 new Indonesian ambassadors Wednesday, urging them to do more in promoting the world's fourth most populous country as an investment destination. Yudhoyono told the ambassadors they should develop more creative and innovative approaches to championing Indonesia's interests, especially in this era of global competition.

Indocement sees sales volume to increase 4-5 pct next year Jakarta (ANTARA News) - PT Indocement Tunggal Prakarsa, controlled by Germany's HeidelbergCement AG, said it expects its sales volume to grow 4-5 pct next year, after an estimated 2.5 pct rise this year.

Sampoerna and Phillip Morris in Strategic Alliance Thursday, 19 October, 2006 | 11:53 WIB TEMPO Interactive, Jakarta: PT Hanjaya Mandala Sampoerna Tbk is to form a strategic alliance with PT Philip Morris Indonesia. Under this, Sampoerna can use the distribution network and funding from the holding company. This is a part of five cooperation transactions between the two companies, approved by Sampoerna’s Extraordinary General Meeting (EGM) in Jakarta yesterday (18/10).

Customs Draft Bill Approved Thursday, 19 October, 2006 | 12:37 WIB TEMPO Interactive, Jakarta: The plenary meeting of the House of Representatives yesterday (10/18) approved the Draft Bill on Revisions to Law 10/1995 concerning Customs to be legalized as a law. Under this law, according to Anwar Suprijadi, the Director General of Customs and Excises, his directorate has the authority to, amongst others, handle inter-island smuggling.

Bimantara's profit grows sharply on surge in broadcasting business Andi Haswidi, The Jakarta Post, Jakarta PT Bimantara Citra booked a net profit of Rp 302.7 billion (about US$33 million), an increase of about 1,200 percent from the Rp 22.7 billion recorded in the same period last year, the company's consolidated accounts for the third quarter show.