Indonesian Political, Business & Finance News

Archive: 3 June 2008

4 articles found

BA to improve coal transport systems

The Jakarta Post, Jakarta Having received approval during a shareholders meeting Thursday night, publicly listed state coal mining company PT Tambang Batubara is set to begin upgrading its coal transportation systems.

Lower CPO prices help push down exports

Total exports in April dropped by 7.78 percent from the previous month, due to a combination of declining crude oil and gas exports and lower crude palm oil prices, the Central Statistics Agency (BPS) said Monday.

Indonesia`s Lippo and Niaga banks merge

Jakarta (ANTARA News/afp) - Indonesia's Lippo and Niaga banks, majority owned by the Malaysian government, merged Monday to meet Jakarta's competition rules and create the country's fifth largest lender, a spokesman said.

Minister upbeat 2008 touriust arrival target to be achieved

Padang (ANTARA News) - Culture and Tourism Minister Jero Wacik has expressed optimism the target of the Visit Indonesia Year (VIY ) 2008 program to attract seven million foreign tourists will be achieved.