The price of coal shipped from South Africa’s Richards Bay Coal Terminal, the continent’s largest export facility for the fuel, fell to the lowest in six weeks as buyers opted for Indonesian supplies.Prices fell 2.4 percent last week to an average $120.

TEMPO Interactive, Makassar:South Korea’s PEM Korea Co Ltd will build the first HDPE Polyclin pipe manufacturing plant in eastern Indonesia. The US$ 5-10 million plant will be located on a 5,000-square meter area in the Makassar Industrial Zone (Kima).

TEMPO Interactive, Makassar:German Ambassador Norbert Bass says he will work to develop the agro-industry in South Sulawesi. A modernization team will be formed to provide consultation on equipment, experts and trade.

7 Day Exploration of Bali’s Textiles and HandicraftsMTA Travel offers September 10-17, 2011 Escorted Tour with Narelle Grudgfield Exploring Bali Handicrafts, Textiles and Culinary Traditions.Narelle Grudgfield of MTA Travel in Queensland has organized an exciting 7 night tour program focusing on...

By Esther SambohThe Indonesian and South Korean governments and businesses will meet in Bali on Wednesday (today) to follow up on billions of dollars of investment commitments to accelerate economic expansion in both countries.

From: The Jakarta GlobeBy Suryani Omar Investors in Malaysia and Indonesia say they favor sovereign sukuk over a planned dollar issue by the Islamic Development Bank after government securities returned almost twice as much as the multilateral lender’s this year.IDB’s 1.

From: The Jakarta GlobeBy Ririn Radiawati KusumaUpstream oil and gas regulator BPMigas plans to summon the country’s oil companies to seek an explanation on their failure to meet oil production targets this year, a top executive said.

TEMPO Interactive, Kudus:Tofu and soybean curd producers in Kudus still rely on imported soybean for their raw materials. However, imported soybean prices have risen higher than local soybean prices. Imported soybean is now sold at 5,700 per kilogram, or Rp100 per kg higher than local products.

TEMPO Interactive, Malang:State water supplier Jasa Tirta I plans to maximize the company’s potential to increase its revenue. The Brantas River manager has prepared Rp37.6 billion to invest in electricity and a potable water system, including a solar-generated power plant, Lodagung 1, worth Rp4...

Solo, Central Java (ANTARA News) - The government has temporarily stopped allowing foreign investors to develop new oil palm plantations so as to give opportunities to local businessmen, Forestry Minister Zulkifli Hasan said.

Bapepam-LK issues permit to Mega Capital Investama as investment managerJakarta (ANTARA) - The Capital Market and Financial Institutions Supervisory Board (Bapepam-LK) has issued a business permit to PT Mega Capital Investama as an investment manager.

Cirebon, West Java (ANTARA News) - Electronics manufacturer PT LG Electronics Indonesia has opened a new branch in Cirebon, West Java, to serve customers in Java`s northern coastal areas between Cirebon and Tegal.

Jambi (ANTARA News) - The Jambi provincial government got a production share of Rp55 billion in the exploitation of coal potentials in the province in 2010, a local government official said."The Rp55 billion value constitutes a share the Jambi province should receive based on Law No.

Surabaya, East Java (ANTARA News) - An Indian information technology business company is interested in making an investment in Surabaya known to have a big potential in this field."The major Indian company whom we have invited to come here today is very interested in capital investment in...

Makassar, South Sulawesi (ANTARA News) - South Korea`s PEM Korea Co.Ltd plans to build a polyethylene pipe plant on two hectares of land at Makassar industrial estate in June.PEM Korea Co. Ltd. President Director Jin Hwan Ho signed a cooperation agreement for the construction of the plant with...