Indonesian Political, Business & Finance News

Archive: 12 July 2008

2 articles found

Bio-Fuel Capacity Only 600,000 liters per Year

Friday, 11 July, 2008 | 19:19 WIB TEMPO Interactive, Jakarta:The Indonesian Bio-Fuel Association secretary-general, Paulus Tjakrawan said increasing the capacity will depend on how the bio-fuel market develops. Hence, the government will start requiring industries to use 2.5 percent bio-fuel in their production process. The producers prefer exporting bio-fuel raw material, such as crude palm oil (CPO). β€œThe price of CPO is very attractiveinteresting,” said Paulus.

Industries asked to shift part of operation time to Saturdays, Sundays

Jakarta (ANTARA News) - Industries in Java and Bali are expected to switch part of their weekly operation time to Saturdays and Sundays to make more efficient use of electricity amid a temporary reduction in the national power supply starting next July 21, Industry Minister Fahmi Idris said. A joint decree of five ministers on the switch would be signed next week for enforcement effective July 21, he said at a function to announce the planned measure at the Industry Ministry here Friday.