JAKARTA, May 29, 2009 (AsiaPulse via COMTEX) A multi purpose vehicle (MPV) Volkswagen model will be assembled in Indonesia by a local car maker.PT Garuda Mataram Motor (GMM), a subsidiary of the Indomobil Group will use one fifth of its 5,000 car assembling capacity to produce 1,400 cc VW Touran...

NUSA DUA (Reuters) - Carbon credits derived from a fledgling forest conservation scheme for developing nations will struggle to compete with palm oil as an investment, industry advisers and conservationists said on Friday.A U.N.

The outlook for palm oil prices is “bullish,” underpinned by higher demand in India and China, lower inventories and drought in Argentina hurting global vegetable oil supplies, according to an industry executive.

The government will launch electronic trading of crude palm oil on the Jakarta Futures Exchange on June 28, with an aim to become the world’s global reference price for CPO and its derivatives. The new market, envisioned as the first step to include futures trading and other indexes, will use the...

TEMPO Interactive, Jakarta:The government has called on private companies to invest in building infrastructure for gas in the cities. The government will initiate with the basic infrastructure.“We hope that private companies will join later,” said Energy and Mineral Resources Minister Purnomo...

TEMPO Interactive, Jakarta:The government has concluded that efforts to prevent investments from plummeting and to put export-imports back to the level they were previously in, are the biggest challenges in maintaining positives trend in economic growth.