Indonesian Political, Business & Finance News

Archive: 11 April 2011

5 articles found

Premier Oil fields in Indonesia, Vietnam to begin output soon

SINGAPORE, April 11 (Reuters) - Britain's Premier Oil expects first gas production at its Gajah Baru field in Indonesia in six months after a brief delay, while oil output at Vietnam's Chim Sao field remains on track for July, a senior executive said on Monday.

India-Indonesia links deepen

MONTREAL - Indonesian and Indian officials have signed 18 Memoranda of Understanding (MoUs) seeking to drive up industrial cooperation between the two countries, which are seeking to more than double bilateral trade by 2015.

Govt allows North Sumatra to continue importing salt

Medan, N. Sumatra (ANTARA News) - The central government still allows North Sumatra province to continue importing salt since supply of Madura salt fails to meet demand in the province."While the central government still allows North Sumatra to import salt, businessmen in the province continue...

Govt Exempts Oil, Gas Vessels From Cabotage Law

The government has released new regulations, creating exemptions from Indonesian cabotage law for six activities of foreign-flagged vessels that are serving the country’s oil and gas sector.According to the ruling, a copy of which was obtained by the Jakarta Globe, foreign vessels that perform...

Int'l rating body upgrades Indonesia's rank

JAKARTA, April 8 (Xinhua) - International rating agency Standard & Poor's Ratings (S&P) upgraded Indonesia's long term foreign debt and sovereign credit rank from BB to BB+ with positive outlook, detikcom online news reported on Friday.