KUALA LUMPUR (Reuters) - Indonesia will stick to a controversial plan to open peatlands for oil palm estates as it seeks to develop the economy despite protests from green groups that this type of land conversion speeds up climate change.

Mustaqim Adamrah, The Jakarta Post, Jakarta The Papua provincial administration is planning to build a 2,000 -megawatt (MW) hydro-power plant to meet electricity demand and to support infrastructure needs in Papua.“We are finishing the feasibility studies for the hydro-power plant.

Nani Afrida, The Jakarta Post, Jakarta A load off my mind: Loading and unloading activities at Tanjung Priok port in Jakarta. State port operator PT Pelabuhan Indonesia (Pelindo) II plans to develop Tanjung Priok port into an international hub port with docks 18 meters deep, starting next year.

Aditya Suharmoko, The Jakarta Post, Jakarta A large contributor to Indonesia’s economy, manufacturing industry, had relatively stagnant growth this year, the Central Statistics Agency (BPS) says - but the government pledges to revitalize the crisis-hit sector starting next year.

Indonesia’s business competition authority (KPPU) has instructed PT Carrefour Indonesia, a subsidiary of Europe’s largest retailer, to sell its entire stake in a listed unit it bought in 2008 and pay a Rp25bn ($2.6m) fine.

Singapore. Palm oil declined as mounting stockpiles in Indonesia, the world’s biggest producer, boosted investor concern about excess supply.“Increasing palm oil stocks over in Indonesia are starting to get on people’s radar screen,” Carey Wong, an analyst at Oversea-Chinese Banking Corp.

Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indrawati expressed the view here on Tuesday that the International Monetary Fund (IMF)`s projection of 4.8 percent for Indonesia`s economic growth in 2010 was "very low.

Jakarta (ANTARA News) - The Business Competition Supervisory Commission (KPPU) has ruled that PT Carrefour Indonesia committed a monopolizing act and unhealthy competition by acquiring PT Alfa Retailindo Alfa`s supermarket chain early in 2008.

Indonesia’s competition regulator on Tuesday ruled that the Indonesian subsidiary of French retail giant Carrefour was guilty of breaching antitrust laws, fining it Rp 25 billion ($2.6 million) and ordering it to sell most of its stake in a local retailer.