TEMPO Interactive, Jakarta: PT Medco Energi International Tbk. will collaborate with Korea Hydro and Nuclear Power Co. Ltd for the construction of a nuclear-powered electricity generating plant (PLTN) project.

Published: July 24 2007 13:36 | Last updated: July 24 2007 13:36Indonesia intends to slash its 2008 budget for the government bureaucracy by 28 per cent, or $4.1bn, and steer the savings to regional infrastructure development programmes in a bid to meet ambitious growth and poverty alleviation...

Indonesia and South Korea agreed Tuesday to further deepen and widen the scope of bilateral economic relations, setting themselves the concrete target of doubling the volume of two-way trade and investment over the next five years.

Andi Haswidi, The Jakarta Post, JakartaDefying skepticism over the future of the textile industry, the Indonesian Chamber of Commerce and Industry (Kadin) has identified it as being among the main engines that will help drive the economy as part of its 2030 vision and road map for industrial...

The government will appoint an independent committee to formulate guidelines for the implementation of a new regulation offering tax and customs incentives, as well as technical assistance, to businesses that invest in research and development (R&D).

Seoul (ANTARA News) - Indonesian President Susilo Bambang Yudhoyono was to hold a summit with his South Korean counterpart Roh Moo-Hyun Tuesday, on the first full day of a visit expected to seal huge energy deals.

Jakarta (ANTARA News) - Sweden Bio Energy will invest Rp1.3 trillion in biofuel development in Indonesia by opening a jatropha curcas plantation on 100,000 ha land in East Nusatenggara (NTT) province in the near future, an official has said.

Jakarta (ANTARA News) - Agriculture Minister Anto Apriyanto said here on Tuesday he had proposed a value-added tax (PPN) exemption on crude palm oil industries for the development of the commodity in its downstream sector.

Muara Teweh, C Kalimantan (ANTARA News) - Central Kalimantan Governor Agustin Teras Narang called on palm oil companies in North Barito (Barut) district not to burn forests in opening up land.In opening up land for the cultivation of oil palm , investors should work based on a planned and...

Jakarta (ANTARA News) - Publicly listed PT Samudera Indonesia will build a container terminal worth Rp375 billion at Samarinda port, East Kalimantan, PT Samudera Indonesia`s Corporate Secretary Diana P Iskandar said here on Tuesday.

Surabaya, E Java (ANTARA News) - Publicly-listed cellular phone operator PT Excelcomindo Pratama Tbk (XL) said on Tuesday its gross income in the first half of 2007 rose 28 percent to Rp3.7 trillion from the same period last year on its successful service programs offered to subscribers.

Jakarta (ANTARA News) - The Engery and Mineral Resources Ministry (ESDM) will ease regulations on bio-feul export by automatically allowing export of the commdity if the exporter concerned has not received a response to his/her application for a ministry recommendation within 10 days after...

Jakarta (ANTARA News) - Communications and Information Minister Muhammad Nuh has called on cellular operators to disclose their cost strutures so that the government can see whether or not it is possible to lower their service rates.

Singapore (ANTARA News) - Singapore's tourism industry hit record highs in the first half of this year, welcoming 4.9 million visitors and achieving an estimated 6.4 billion Singapore dollars (4.2 billion US dollars) in tourism receipts, the tourism board said on Tuesday.

TEMPO Interactive, Jakarta: The government will reduce the development of bio-fuel from palm oil. The reduction was due to the crude palm oil (CPO) price hike. “We will try that bio-fuel development is not only focused on palm oil,” said Energy and Mineral Resources Minister, Purnomo...