Indonesian Political, Business & Finance News

Archive: 31 May 2011

5 articles found

China coal imports to double in 2015, India close behind

NUSA DUA, Indonesia (Reuters) - Top coal consumer China should see import demand more than double in the next four years and India will be close behind as both hoover up supplies on international markets to feed rapidly growing power industries, industry executives said on Monday.

BP pledges to boost investment by 10 bln USD in Indonesia

JAKARTA, (Xinhua) British energy giant British Petroleum (BP) has committed to raise investment in Indonesia by more than 10 billion U.S. dollar over the next 10 years, particularly in the massive Tangguh gas project in Papua and coal- bed methane in Kalimantan, a local media reported here on...

S Sumatra earns $491 Mln from on-oil/gas exports

Palembang, S Sumatra (ANTARA News) - South Sumatra`s non-oil/non-gas exports in January 2011 rose to US$491.324 million from US$449.200 million a month earlier on rising global commodity prices.The increase was inseparable from rising prices of the province`s key commodities including crude palm...

Chinese company to invest in plantations

Jakarta (ANTARA News) - A Chinese company, PT Guandong Agribusiness, will invest in plantations in transmigration areas in Indonesia to create jobs for up to 28,000 workers.Indonesian manpower and transmigration minister Muhaimin Iskandar witnessed the signing of a memorandum of understanding for...

E Kalimantan builds three industrial estates

Samarinda, East Kalimantan (ANTARA News)- To build a highly competitive regional economy to raise the welfare of the local population, the East Kalimantan provincial administration is developing three industrial groups prioritizing agricultural and industrial development, and exports.