Indonesian Political, Business & Finance News

Archive: 28 January 2009

4 articles found

Oil and Gas Sector Will Still Grow in 2009

Wednesday, 28 January, 2009 | 14:08 WIB TEMPO Interactive, Jakarta:Coordinating Minister for the Economy Sri Mulyani Indrawati is optimistic that the oil and gas sector will continue to grow this year despite the crisis. In front of the House of Representatives’ (DPR) Finance and Banking Commission members, Sri Mulyani said that the sub-sectors of oil and gas mining, non-oil and gas mining, and the oil and gas industry are growing well.

Tranzeo and TRG Advance Indonesian WiMAX Joint Development

First phase of deal valued at US$10 million for Tranzeo and coincides with Indonesia's release of new spectrum for wireless broadband PITT MEADOWS, BRITISH COLUMBIA--(Marketwire - Jan. 27, 2009) - Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of wireless broadband and WiMAX communication systems, and partner PT.

CPO export tax set at zero percent

Jakarta (ANTARA News) - Crude palm oil (CPO) exports for February 2009 shipments will be subjected to zero percent export taxes because The CPO reference price is still less than US$750 per ton, a senior trade official said. "Export tax for CPO exports is still set at zero percent, the same as that two months ago because the CPO reference price in the world market is only US$555.98 per ton," Director General for External Trade of the Ministry of Trade Diah Maulida said here on Tuesday.

Government Dangles 63% Price Hike To Lure Fast-Track Energy Producers

The price paid to independent power producers for electricity is to be increased by up to 63 percent to encourage more investment in the sector, Jacobus Purwono, a senior official at the Energy and Mineral Resources Ministry, said on Tuesday.