Indonesian Political, Business & Finance News

Archive: 14 April 2007

8 articles found

Govt urged to intensify gas explorations to cover deficit

the country's gas-use planners have stuffed up in a monumental way.the government is in the middle of trying to shift the poor from using kerosene to gas, and yet there are still not enough gas cylinders and they aer still stuffing about with the tender to make them.

Govt urged to intensify gas explorations to cover deficit

Methinks Fahmi Idris hasn't got a clue about his business. Even if they found the gas today it would take years to pipline it to where it is currently required.Also, I think that gas producers would much prefer the export price rather than what they would get if they sold to the government!

The pitfalls of Indonesian coal

JAKARTA - Indonesia's Bumi Resources and India's Tata Power are closing in on a US$1.3 billion deal that promises to give the Indian energy concern a 30% stake in two big Indonesian coal mines, Kaltim Prima Coal (KPC) and Arutmin.

Department of Trade Requests Explanation of Blocking Importers

TEMPO Interactive, Jakarta: The Department of Trade asked the Directorate General of Customs and Excise to inform them specifically of the criteria of permission to block importers. In addition, should the block be carried out all at once by the Directorate General without a confirmation from the...

BI to limit expat bank workers

The central bank is currently drafting a regulation to restrict the employment of expatriate labor in the banking sector amid recent concerns in some circles about perceived foreign domination of the country's banking industry.

Govt urged to intensify gas explorations to cover deficit

Jakarta (ANTARA News) - The government should step up gas exploration activity in the country to cover a shortage in natural gas supply to domestic industries, Industry Minister Fahmi Idris said here Friday.

Boyolali furniture exports increasing

Boyolali (ANTARA News) - Rainfall in Central Java that had been declining in the past month had boosted Boyolali district`s furniture exports, as the drying of wood for the production of furniture had become faster.

Palm oil killing rainforest in Indonesia

Friday 13th April, 2007 (IANS)Sulur is 50 years old, delicately built, but strong as a bear. With high swings, the Indonesian slams his axe into the stem of an oil-palm fruit bunch two, three, four times. Then the bunch of black-orange, berry-like fruits falls to the ground.