Indonesian Political, Business & Finance News

Archive: 27 May 2010

9 articles found

Australia's cattle trade with Indonesia under question

Quote:MOTTRAM: The demand for imports last year reached 1.1 million cattle, and we imported about 600,000, when the real need is only 400,000, the minister said.so, indonesia imported 200,000 more cattle "than it needed" just for the fun of it, at at least USD500 per head.

Australia's cattle trade with Indonesia under question

Australia's lucrative live cattle exports to Indonesia is under question, after a shipment of more than two-thousand Australian cattle was last weekend declared to have an invalid import permit. Australia denies there was a permit problem but Indonesia's agriculture ministry has warned Australia...

US Trade Mission in Indonesia Ahead Of Obama's Visit

"Energy is the defining issue of our time. It is the one issue, more than any other, that will shape the fate of our planet, our economies and our nations," said Gary Locke, US Secretary of CommerceU.S.

Firms to Build Biodiesel Plant

PT Adaro Energy, the nation’s second-biggest coal producer, will team up with PT United Tractors and Komatsu to build a biodiesel plant.Fuel from the plant will power some of Komatsu’s dump trucks operating at Adaro mines, said Cameron Tough, head of investor relations at Adaro.

Policy Reform Needed to Realize Nation’s Green Dream

Indonesian officials acknowledged on Wednesday that much work remained to be done to reduce obstacles to investment in the country’s clean-energy sector, but also touted recent efforts to support development, especially of geothermal energy, and affirmed the government’s commitment to the use...

Red Tape Blocks Clean Energy Investment in Indonesia: US

Red tape, conflicting regulations and legal uncertainties keep US companies from investing in clean-energy projects in Indonesia that could help reduce carbon emissions and fight global warming, US Commerce Secretary Gary Locke said during his visit on Wednesday.

Indonesia Astra forecasts record vehicle sales in 2010

JAKARTA, May 26 (Reuters) - Indonesia's largest automotivedistributor, PT Astra International Tbk (ASII.JK), said onWednesday it expects record high 2010 car and motorcycle salesas consumer demand increases, driving its shares up 10 percent.

US Seeks Renewable Energy Projects in Indonesia

TEMPO Interactive, Jakarta: US Trade Minister Gary Locke told reporters in Jakarta day that the US government is currently venturing different types of alternative energy projects powered by renewable sources like the solar and wind.

Jakarta, Washington discuss energy cooperation

Jakarta (ANTARA News) - Economic Coordinating Minister Hatta Rajasa said Indonesia and the United States are discussing investment cooperation in renewable energy replacing alternative energy in the years ahead."We discussed renewable energy and investment.