Jakarta (ANTARA News) - Indonesia and India are expected to finalize talks for conclusion of a comprehensive economic cooperation agreement in August, an envoy said. "It is being drafted. We hope in one month`s time there will be a meeting to that effect. The blueprint for the agreement already exists. It is now for the two nations to prepare negotiations on the comprehensive economic cooperation agreement," Indonesian Ambassador to India Andi M. Ghalib said on Saturday.

Hyginus Hardoyo, The Jakarta Post, Jakarta Indonesian wooden furniture producers verified under third-party sustainable forest or legal logging licenses are guaranteed better access to the international market, a discussion revealed Wednesday. Jajag Suryoputro of Yogyakarta-based furniture firm PT Jawa Furni Lestari said in a discussion on wood certification in Jakarta that he had received a sales guarantee from his international buyers stipulating that his products must be verified.

Jakarta (ANTARA News) - Taxation Director General Darmin Nasution said the government`s tax receipts in the first five months of 2008 increased 47.63 percent to Rp217.3 trillion from Rp147.2 trillion in the same period a year earlier. "Tax receipts from the oil and gas sector accounted for 60 percent," he said here on Friday. He said the figure was 13 percent higher than the target.

Jakarta (ANTARA News/Asia Pulse) - The Indonesian government plans to launch another crash program to build power plants with a total investment of Rp100 trillion (US$11 billion) after the completion of the first program. The second program will build power plants with a capacity of 10,000 megawatts, the same as the first program, but instead of coal fired energy it will utilize more geothermal, hydroelectric and renewable energy to generate power, an official said.

JAKARTA: PT Bumi Serpong Damai (BSD), developer of the popular satellite city complex southwest of Jakarta, expects to seal Rp 1.5 trillion (US$163 million) in sales revenue this year on the back of stronger property demand. "We're optimistic of achieving the target although the central bank's key interest rate is increasing," corporate secretary Fangky Indahjani said Friday during the company's listing on the Indonesia Stock Exchange. The company booked Rp 1.4 trillion in revenue last year.

Seventeen companies, including U.S. oil giant Chevron and the nation's second largest oil producer Medco Energi Internasional, have tabled bids to develop geothermal projects in West Java, an official says. Sugiharto Harsoprayitno, director for the management of geothermal power at the Energy and Mineral Resources Ministry, said Friday the firms had bid for three projects currently being put in a tender by the West Java administration.

Friday, 06 June, 2008 | 14:29 WIB TEMPO Interactive, Jakarta: The head of the Industrial-Trading & Cooperating Agency (Disperindagkop) for Banyuwangi, I Nyoman Wirayatsa, said non-performing loans of small-to medium- sized firms and enterprises reached an average of 50 percent in 2003 to 2008. Credit reached Rp152 million for small-to medium-sized firms from loans of Rp600 million, while there is no return from total loans of Rp150 million given to small-to-medium-sized enterprises.