Tokyo (ANTARA News/Asia Pulse) - Sumitomo Corp. (TSE:8053) has received a 14 billion yen (US$116.2 million) order for geothermal power equipment made by Fuji Electric Systems Co. for a private operator in Indonesia. The equipment will be used in the expansion of the Wayang Windu power plant operated by Star Energy Holdings Ltd. in West Java. Its output of 117,000kw will be the largest for its kind in the world.

Jakarta (ANTARA News) - Economic observer of the Econit Institute, Hendri Saparini, said the floods that had hit Jakarta over the past seven days have reduced investors` interest in operating in Indonesia. "Natural disasters can happen in any country but the problem here is that the government`s response to the floods was too slow," he said here. He said the government`s slow response to the floods would reduce investors` confidence in investment security in Indonesia.

Jakarta (ANTARA News)- Indonesia and Switzerland agreed here to avoid double taxation by signing an amendement of the document on protocol for avoiding double taxation. "This agreement is an important step to increase economic relations between the two countries especially to create a more conducive atmosphere for investment in Indonesia," Swiss ambassador to Indonesia, Bernadino Regazzoni, said.

Samarinda (ANTARA News) - The government has set a target in plantation by means of revitalizing two million hectares of land in 20 provinces of Indonesia for this sector as a way to increase production of such commodities as oil palm fruit, rubber and cocoa. "This program should be properly implemented, so that it may bring about greater benefit to the welfare of the farmers," Vice President M Jusuf Kalla here on Friday.

Still , there was something good to come out of - they fucked over some Russian and Chinese.

There should be an expense on the Balance Sheet (Neraca Laba?) called Bribery Expense (cost of doing business). Only fair.

PT Bakrie Telecom Tbk (BTEL), a business unit of Bakrie Brothers, will allocate Rp 2 trillion (about US$222 million) in capital expenditure to finance the company's expansion this year. "The money will be raised from financial institutions and internal sources," the company's president director, Anindya N. Bakrie, said following a shareholders meeting Thursday. The picture (from left to right) shows chief commissioner Bobby Gafur Umar, Anindya, deputy president director M.