Indofood plans palm unit IPOThe Jakarta Post, JakartaGiant instant noodle maker PT Indofood Sukses Makmur is set to launch an initial public offering (IPO) for its crude palm oil business.The publicly listed company's president director, Anthoni Salim, said that the IPO plan had been adopted to...

Kutai Administration to buyback coal producer, why?The rich Kutai Regency Administration in East Kalimantan province want to buyback 13% shares of PT Kaltim Prima Coal (KPC), the giant coal mining company which just divested by PT Bumi Resources Tbk to PT Borneo Lumbung Energi, at market price.

Indonesia faces huge rebuilding jobBy CHRIS BRUMMITT, Associated Press Writer Fri Jun 2, 2:23 PM ETTELAN, Indonesia - It is 7:30 a.m., and Soliman and his wife are hard at work, digging through the rubble of their quake-destroyed house and neatly stacking reusable bricks, tiles and wooden posts.

Bali dream homes: resiliently ever-risingBy Vaudine England International Herald TribuneFRIDAY, JUNE 2, 2006SEMINYAK, Indonesia Although hotel reservations in Bali plummeted - at least temporarily - after the terrorist bombings of October 2002 and October 2005, investments in dream homes have never...