Indonesian Political, Business & Finance News

Archive: 23 December 2008

7 articles found

Mining Bill Questions May Delay Investments

There will be few major investments in Indonesia’s mining sector until the government clarifies uncertainties in the recently passed mining bill, industry analysts and companies said on Monday.“Whether we like it or not, the mining bill has been passed.

Tranzeo and TRG Sign Joint Development Agreement to Create WiMAX Radios for Indonesia

PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2008) - Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of wireless broadband and WiMAX communication systems, has signed an agreement to jointly develop WiMAX subscriber units for the Indonesian market with PT.

Pertamina to spend big on upstream

Alfian, The Jakarta Post, BandungState oil and gas company PT Pertamina plans to spend around Rp 11 trillion (US$1 billion) on upgrading its upstream facilities as part of an effort to boost output, the company's upstream director, Karen Agustiawan, says.

Govt to squeeze mining firms for more revenue

The government may request increased royalty payments from mining companies by reviewing their current contracts following the enactment of an amended mining law, Energy and Mineral Resources Ministry Purnomo Yusgiantoro says.

RI, China sign Rp 35t deals on energy, mining

Alfian and Adianto Simamora, Jakarta, The Jakarta Post Indonesia and China signed deals Monday covering cooperation on eight energy and mining projects worth a total of around Rp 35 trillion (US$3.13 billion).

Lampung builds special school to support bioenergy program

The Lampung provincial administration is building an integrated biofuel school in Central Lampung regency as part of its plan to become a national bioenergy center.Construction of the special school in Sulusuban village, Central Lampung, is expected to cost Rp 216 billion (US$19.

Batam aims to enter Korean market with Ming Aralia plant

Since mid-November, Haliman, 50, has been busily engaged in cultivating Polyscias Fruticosa, better known as Ming Aralia, an evergreen shrub native to India and Polynesia, at the Sei Temiang flower nursery in Batam, Riau Islands.