Indonesian Political, Business & Finance News

Archive: 3 November 2009

4 articles found

Indonesia to Accelerate Work on Independent Power Projects

About 50 stalled electricity generation projects involving independent power producers are set for renegotiation, as the government aims to speed them up in the first 100 days of its new term.The government will be forming a special team consisting of representatives of the Energy and Finance...

Growers Expect Strong Output, Mature Trees to Boost CPO Supplies

Kuala Lumpur. Palm oil stocks in Indonesia, the world’s largest supplier, should rise 100,000 tons this month from October, boosted by strong output and more maturing oil palm trees, a top industry official said on Monday.Stocks should hit 1.6 million tons in October and 1.

Service firms to lose $750m in revenue

Alfian, The Jakarta Post, Jakarta A recent ministerial regulation on the roles of mining service companies in mining projects may reduce the industry’s revenue by up to US$750 million a year, an industry association said over the weekend.

Sanyo, Hino may invest $100m early in 2010 for expansion

Mustaqim Adamrah, The Jakarta Post, Jakarta Early next year the country may see two separate investments worth US$100 million in total from two Japanese companies, Hino and Sanyo, Industry Minister M.S. Hidayat said Monday.