Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono, said in Jakarta Monday the oil and gas sector in Indonesia is still very prospective even against the background of a global crisis."The sector contributes 21 pct of Indonesia`s exports, and 32 pct of the government`s total...

Makassar (ANTARA News) - PT International Nickel Indonesia (PT Inco) Tbk said the construction of a nickel processing plant in Pomalaa, Southeast Sulawesi had been declared economically unfeasible.Under our commitment to the government, the report to that effect had been submitted to the government...

Volkswagen AG plans to open a new assembly plant in Indonesia with an initial investment of 35 million euros, or about $47 million, a sign that the Southeast Asian nation's still-robust consumer spending is keeping it attractive to foreign companies.

Another two local oil palm plantation companies - PT London Sumatra Plantation and PT Hindoli - have secured environmental certification from the Roundtable on Sustainable Palm Oil.This means three of the 10 major palm oil producers in the country have now received the RSPO stamp of approval.

Weda Bay Minerals, a consortium of Japanese and French companies, and state nickel and gold miner PT Aneka Tambang (Antam) are expected to invest $4.6 billion to develop a nickel mine in Weda Bay in Halmahera Island, North Maluku.

PITT MEADOWS, BRITISH COLUMBIA and JAKARTA, INDONESIA--(Marketwire - May 6, 2009) - Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of wireless broadband and WiMAX communication systems and PT.