JAKARTA (Antara): The World's crude palm oil output is forecast to reach 41.40 million tons this year, up 8.5 percent compared to last year's 38.15 million tons, Oil World reported.The report stated that the increase in palm oil production comes as a result of a 6.

Jambi (ANTARA News) - A British company, Sumatra Coover and Gold Ltd, will cooperate with a local partner, PT Nusa Palapa Minerals, to exploit gold deposits in three districts in Jambi province, a provincial mineral resources official said.

Jakarta (ANTARA News/Thomson Financial) - Indonesian consumer confidence dropped forthe second straight month in January with more consumers downbeat about current economic conditions and few were optimistic about what lies ahead, according to the latest survey by the central bank released Tuesday.

Cilegon, Banten (ANTARA News) - The government will reduce its import duty on hot roll coil (HRC) to zero percent in a bid to encourage the growth of the country`s downstream steel industry, a minister said.

JAKARTA (JP): State oil and gas firm Pertamina will follow up on the recent preliminary finding by a state research agency of a large hydrocarbon reserve off the western shore of Nangroe Aceh Darussalam, an official says.

Jakarta (ANTARA News) - A legislator has expressed concern about what he said was the country`s weakening food resilience due to the shrinking area of agricultural land and increasing urbanization in Indonesia.

Jakarta (ANTARA News) - The government is studying options to cut the consumption of subsidized fuel in order to save some 10 trillion rupiah in government spending for fuel subsidy this year, an official said.

Denpasar, Bali (ANTARA News) - Some 20 businessmen from Bali will join a group of 100 businessmen from several provinces who are slated to hold a promotion tour and take part in a trade fair in Australia next October.

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The Ministry of Energy and Mineral Resources is to tighten the cost recovery mechanism under which all operators in the oil and gas sector work after a major increase in claims, The Jakarta Post reported on Saturday (9/2/08).

Cigarette producers PT Bentoel Prima and PT Lestari Putra Wira Sejati have acquired 99.9% of PT Bintang Bola Dunia, a cigarette maker in Malang, East Java owned by Islamic organization Nahdatul Ulama, Asia Pulse reported Wednesday (6/2/08).

State-owned plantation firms have jointly set up a consortium for the construction of a biodiesel plant aimed at supporting the government program to develop alternative energy resources, The Jakarta Post reported Tuesday (5/2/08).

State-controlled Telekom Malaysia has agreed to buy 16.8% of PT Excelcomindo Pratama for 1.43 billion ringgit ($442.7 million), raising its stake in the nation's third-largest mobile phone operator to 83.8%, Telekom said on Wednesday (6/2/08) Reuters reported.

Property developer PT Bakrieland Development plans to enter the clean water business, as part of its efforts to diversify revenue sources to include infrastructure projects, Dow Jones reported Tuesday (5/2/08).

Malaysian property firm Landmarks Bhd is buying out a firm that owns 338 hectares of land on Bintan island for S$156.9 million ($111 million), Landmarks said on Tuesday (5/2/08), Reuters reported. Last month, Landmarks won Indonesian approval to start an integrated tourism zone in Bintan, which is...

The Indonesian economy is facing a "bigger, greater" downside risk from rising commodities prices, Finance Minister Sri Mulayni Indrawati told Dow Jones Newswires on Saturday (9/2/08).She said a budget revision to be submitted to the House of Representatives is “to maintain thegrowth...

The government will slash some 49,000 hectares of illegal palm oil plantations in protected forest areas in Rokan Hulu regency, Riau, allowing forests to reclaim cleared land, an official said Wednesday (6/2/08), The Jakarta Post reported.

Jakarta (ANTARA News) - Indonesia`s consumer electronics exports are pedicted to reach a total value of US$8 billion this year, a senior industry official said."The world economic slowdown will certainly disturb our electronics exports," director of electronics industry affairs at Industry Ministry...

Jakarta (ANTARA News) - Trade Minister Mari Pangestu said the government still maintained its non-oil export growth target which it had set at 14.5 percent this year, despite it had plans to downsize its economic growth target from 6.8 percent.