A government regulation requiring exporters of commodities to have letters of credit (L/C) for the shipment of goods worth over US$1 million has been delayed.Trade Minister Mari Elka Pangestu said Thursday the postponement of the regulation - which aims to ensure flows of foreign exchange - was...

SEOUL, 7 March,2009 (WAM) -- South Korea signed an agreement with Indonesia Friday to produce wood pellets that are cheaper and cleaner to burn than fossil fuels, Yonhap News reported.The memorandum of understanding between the Korea Forest Service and Indonesia's Forest Ministry calls for 200,000...

RAK Minerals and Metals Investments (RMMI) has announced its interest in the Indonesian province of East Kalimantan’s coal infrastructure, on behalf of the Government of Ras al Khaimah. Investments are planned to be made by RMMI into the coal infrastructure in East Kalimantan.