U.S. car giant plans US$1.4 billion investment in RIBenget Simbolon Tnb. and Prodita Kusuma Sabarini, The Jakarta Post, JakartaA United States-based automotive manufacturer has apparently expressed interest in building a car factory worth up to US$1.

PLN says Java-Bali to face 300 MW power deficit on gas shortageJakarta (ANTARA News) - State electricity firm PT Perusahaan Listrik Negara (PLN) said the integrated Java-Bali system is facing a power deficit of 300 megawatts due to a shortage of gas supply from BP West Java to PLN's Muara Karang...

Bank Indonesia : Rupiah has factored in Moody's ratings upgradeJakarta (ANTARA News) - The rupiah is not likely to strengthen further against the US dollar on the back of Moody's upgrade of Indonesia's sovereign ratings last week because the upgrades had been factored in by the market earlier, Bank...

Rupiah lower as US dollar rebounds on rate hikes expectationsJakarata (ANTARA News) - The rupiah was lower, pressured by some renewed dollar strength against other currencies, especially the yen, dealers said.