Indonesian Political, Business & Finance News

Archive: 2 May 2009

2 articles found

Cepu Oil Flow Still Slowed by Land Issues

Indonesia’s largest oil deposit, Cepu block, will continue to fall short of the government’s initial output target until August, after an initial delay until June, as difficulties acquiring land continue to freeze the construction of key infrastructure, the Energy Ministry said on Friday.

Rise in Exports Ends Seven Months of Drops

The nation’s exports increased in March on a monthly basis after falling for seven consecutive months, as a decrease in manufacturing shipments was offset by an uptick in commodities.The Central Statistics Agency (BPS), in a press briefing on Friday, said the country’s total exports rose 20.