Indonesian Political, Business & Finance News

Archive: 15 March 2008

5 articles found

Govt terminates contracts for 111 mining operators

The government announced Friday it had terminated 111 mining contracts since 1999 due to companies' failure to meet contract requirements.In a press statement, the Energy and Mineral Resources Ministry said 64 of the terminated contracts were for mining firms and the remaining 47 were coal firms.

RI seeks more gas for domestic market

After securing a gas supply of 1.5 million tons from the Bontang field in East Kalimantan, the government is eying another 1 million tons from the Tangguh block in Papua to meet domestic market demand, an official says.

Black soybean variety gives farmers, country new hope

The Jakarta PostPacitan, East JavaFarmers in Pacitan regency's villages of Mantren and Pringkuku in East Java are in high spirits after planting a new variety of local soybean that researchers say produces a high yield.

Veep: govt not to give Reanult land for free

Serang, Banten (ANTARA News) - Vice President Jusuf Kalla affirmed that the government would not provide land to the French automotive company, Renault SA, for free for investment in Indonesia.The government will not provide land in this way, because other industries would also ask for land, he...

Banten to offer investment opportunities to French bizmen

as if the fiasco of ariawest was not enough, they are coming back for more!