PTBA considering purchase of 9.36 pct of Freeport shares
(Mar 9)
President Director of state coal mining company PT Batubara Bukit Asam Tbk (PTBA) Sukrisno said he was considering a purchase 9.36 percent of the shares of PT Freeport Indonesia.
Government revising 2010 state budget
(Mar 9)
The government is revising the 2010 state budget in light of expected improvements in economic conditions this year, Finance Minister Sri Mulayni said.
BI: Q1 growth to exceed 5 pct
(Mar 8)
Bank Indonesia (the central bank/BI) said on Monday the domestic economy may grow above 5 percent in the first quarter of 2010.
JBIC to lend US$1,215 mln for Paiton project expansion
(Mar 8)
The Japan Bank for International Cooperation (JBIC) and PT Paiton Energy (PE) here Monday signed a project financing loan agreement worth the equivalent of US$1,215 million to fund the Paiton thermal power plant expansion project.
Govt likely to raise power rate next July: Sri Mulyani
(Mar 8)
The government is expected to raise the basic power rate (TDL) by about 15 percent in the second semester of this year, Finance Minister Sri Mulyani Indrawati said.
Govt`s oil production target unrealistic : observer
(Mar 8)
Oil observer Pri Agung Rakhmanto said that the government`s oil production target of 965,000 barrels per day (bpd) in the 2010 was unrealistic and needed revision.
GMF meets requirements of A320 aircraft maintenance
(Mar 8)
Garuda Indonesia`s subsidiary PT GMF AeroAsia meets the requirements and procedures of the maintenance of A320 aircraft according to the civil aviation authority standards of the European Aviation Safety Agency (EASA).
Govt to spur budget funds spending to boost growth
(Mar 8)
The government will spur the spending of state budget funds to boost economic growth, Sjahrial Loetan, the secretary of the state minister for national development planning, said here on Monday.
