The Jakarta Post

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RI set to become an important food supplier

Nov 18, 2009 7:50 AM

Given its abundant agricultural resources, Indonesia is well positioned to become one of the world’s most important food suppliers in the coming years, Vice President Boediono said Wednesday.read m...

Delta offers $1 billion to Japan Airlines

Nov 17, 2009 10:59 PM

Delta Air Lines and its alliance partners said Wednesday they are making a billion-dollar offer intended to lure loss-making Japan Airlines from its current affiliation with American Airlines. read...

President blames PLN monopoly for power blackouts

Nov 17, 2009 10:12 PM

President Susilo Bambang Yudhoyono blamed Tuesday the state utility firm PT PLN monopoly for the power shortages across the archipelago.read more

PLN to get Rp 1.5 trillion loan from BRI to build more power plants

Nov 17, 2009 9:51 PM

State power firm PT Perusahaan Listrik Negara (PLN), currently riddled with power blackout problems, will soon secure a Rp 1.5 trillion (about US$160 million) loan from Bank Rakyat Indonesia (BRI) ...

Car sales recovering but new threat looms

Nov 17, 2009 8:23 PM

Domestic car sales enjoyed a good month in October as 40 percent more cars were sold compared to a month before, signaling a steady move towards full market recovery.read more

Oil hovers below $79 amid strong Asian demand

Nov 17, 2009 1:44 AM

Oil prices hovered below $79 a barrel Tuesday in Asia as investors look to crude demand growth in Asia next year to offset a sluggish U.S. economy.read more

Asian markets mostly lower as commodities retreat

Nov 16, 2009 10:18 PM

Asian stock markets were mostly lower Tuesday as investors locked in recent gains and commodity prices retreated.read more

PLN expects to significantly cut energy costs in 2010

Nov 16, 2009 10:18 PM

State utility company PT PLN expects to cut energy cost by a hefty Rp 26.6 trillion (US$2.9 billion) next year due to lower oil-based fuel consumption, according to president director Fahmi Mochtar...

LPEI already up and running in helping local exporters

Nov 16, 2009 10:17 PM

Less than three months after its establishment, the Indonesian Export Financing Agency (LPEI) has already disbursed Rp 8 trillion (US$856 million) in financing to support exporters amidst tight liq...

Danareksa to issue new mutual fund

Nov 16, 2009 10:16 PM

JAKARTA: State-owned investment company PT Danareksa revealed Monday its plan to issue a new mutual fund product, pending approval from the Capital Market and Financial Institution Supervisory Agen...

Kadin says FTAs need `guidelines'

Nov 11, 2009 11:35 PM

The Indonesian Chamber of Commerce and Industry (Kadin) has requested inclusion of guidelines for bilateral and multilateral trade agreements in the coming trade law in a bid to create a better fit...

Pertamina expect more than 10 percent oil production increase in 2010

Nov 11, 2009 8:37 PM

State oil and gas company PT Pertamina expects to boost oil production by 10.93 percent next year, president director Karen Agustiawan told lawmakers Thursday. read more

Bumi unit may get more NNT shares

Nov 11, 2009 7:48 PM

State miner PT Aneka Tambang has dropped its plans to buy divested shares in PT Newmont Nusa Tenggara, which could pave the way for PT Multicapital, a unit of coal giant PT Bumi Resources, to buy a...

2009 state budget on track: Minister

Nov 11, 2009 5:21 PM

The latest report from the finance ministry reveals that the government as of the end of October had absorbed 68 percent of the planned expenditure in the 2009 state budget, indicating an improveme...

2009 budget on track: Minister

Nov 11, 2009 2:38 AM

The government has achieved its spending and revenue targets and is expecting a better performance this year than in 2008, Finance Minister Sri Mulyani says.read more