Electricity Supply Critical in Java and BaliTuesday, 23 May, 2006 | 16:21 WIBTEMPO Interactive, Jakarta: The electricity supply in Java and Bali are experiencing a deficit because the gas supply to the Muara Karang and Tanjung Priok gas and steam-powered electricity generators (PLTGU) from the...

Stock Exchange and Rupiah CollapseTuesday, 23 May, 2006 | 16:13 WIBTEMPO Interactive, Jakarta: Jakarta's stock exchange collapsed yesterday. The composite stock price index dropped by 6.03 percent to the level of 1,309.045.

PLN hit by gas supply problemRendi Akhmad Witular, The Jakarta Post, JakartaState-owned power utility PLN will have to incur extra expenditure on buying diesel to fire its power plants and avoid massive blackouts in Jakarta and Banten following a disruption to its gas supply.

Govt falls behind revenue targetsThe Jakarta Post, JakartaTax revenue in the first four months of the year amounted to Rp 105 trillion (some US$11.6 billion), the Finance Ministry reported, up 24 percent compared to the same period last year on the back of intensified tax collection.

Wrong investment decisionEditorial, The Jakarta PostWhat a new twist in the saga of Mexican cement company Cemex's eight years of frustrating investment operations in Indonesia.In late 1998, when the world's third largest cement group brought in hundreds of millions of dollars to acquire 25 percent...

RI, Japan to renegotiate MRT projectJakarta (ANTARA News) - Indonesia and Japan will renegotiate the terms and conditions for the implementation of a mass rapid tranport (MRT) project in Jakarta with the possibility that a minimum of 30 percent of the materials used in the work would be obtained...

Incentives for Strategic IndustriesMonday, 22 May, 2006 | 17:59 WIBTEMPO Interactive, Jakarta: It has been proposed that tax incentive be implemented for strategic industries, which absorb many employees and increase the domestic technologic capabilities.

Govt to complete regulation on infrastructure development in MayJakarta (ANTARA News) - The Indonesian government will complete formulation of all its regulations on infrastructure development by the end of May so that no more regulatory obstacles to investment exist by June before the holding of...