Indonesian Political, Business & Finance News

Archive: 29 April 2008

7 articles found

Indonesia expects more coal exports

Indonesia's coal mining group expects the country to export 170 million tons of the resource in 2008, the same as in 2007, quelling fears that the world's top exporter of thermal coal may cap shipments to feed fast-growing domestic demand, Reuters reported Tuesday (15/4/08).

Govt. plans to limit mining areas: legislator

Indonesia plans to limit the area that metal and coal mining firms can explore in the mineral-rich country in a bid to prevent domination by a few companies, a legislator said on Monday (14/4/08), Reuters reported.

Q1 motorcycle sales rise 37%, led by Honda

Motorcycle sales in Indonesia rose 37% to 1.44 million in the first quarter from the same period last year, led by Honda, data from an industry group showed on Monday (14/4/08), Thomson Financial reported.

Foreign share in domestic port business limited to 49%

The government is to open the port sector for investments from both national and foreign parties starting from next year following the approval of a government regulation on investments in the port sector, Bisnis Indonesia reported Friday (18/4/08).

Malaysia's TDM to develop plantation land

TDM Bhd of Malaysia has signed a heads of agreement (HoA) with its subsidiary, PT Rafi Kamajaya Abadi, and H. Rahman to acquire and develop 30,000 hectares of oil palm plantation land, Asia Pulse reported Monday (14/4/08).

1Q investment realization up 80% on year

Indonesia recorded an 80% on-year increase in actual investment in the first quarter of the year, head of the official Investment Board (BKPM) Muhammad Lutfi said Monday (14/4/08), Dow Jones reported.He added that investment in telecommunications, pulp and paper projects accounted for the largest...

Commodities to drive investment: BKPM

The country's investment sector will grow 15.2% this year despite fears of global economic woes, the chief of the investment board (BKPM) said, while a survey by ING Bank placed Indonesia third on the list of countries likely to come out best from the crisis, after China and India.BKPM chief M.