Archive for May, 2008

30.May.2008 PowerPR alert on Indonesia

Friday, 30 May 2008

News Analyst: Indonesia reluctantly quits OPEC
Xinhua - China
Oil production in Indonesia in 2008 was revised down from 1034000 barrels to 926000 barrels per day, far below the quota of 1.3million barrels set by OPEC,

Indonesia pulling out of OPEC because it is no longer a net oil
Jerusalem Post - Israel
Purnomo Yusgiantoro told reporters it did not make sense for Indonesia to be a member of the Organization of Petroleum Exporting Countries when the nation’s

Indonesia fuel price hike necessary to curb poverty: minister
AFP -
The price rise was necessary to save Indonesia’s economy from the swelling cost of its multibillion dollars subsidy scheme on the back of soaring global oil

UPDATE 1-Indonesia Mandiri optimistic on 22 pct loan growth
Reuters India - Mumbai,India
JAKARTA, May 29 (Reuters) - Indonesia’s largest lender, PT Bank Mandiri Tbk BMRI.JK, said on Thursday it was optimistic it will achieve 22 percent loan

Indonesia pulls out of Opec
Aljazeera.net - Qatar
Indonesia has withdrawn from the Organisation of Petroleum Exporting Countries (Opec), citing declining oil reserves and investment.

Putting Indonesia on the filmmaker’s map
Jakarta Post - Jakarta,Indonesia
Former New York casting agent, Deborah Gabinetti, fell in love with Indonesia — Jakarta in fact — almost two decades ago. She sort of bumped into the

IMF maintains GDP growth f’cast for Indonesia
guardian.co.uk - UK
By Gde Anugrah Arka and Muhammad Al Azhari JAKARTA, May 29 (Reuters) - The International Monetary Fund is sticking with its growth forecasts for Indonesia

Indonesia Opera Society to stage ‘La Serva Padrona’
Jakarta Post - Jakarta,Indonesia
The Indonesia Opera Society, led by Erza ST, will put on a performance of Giovanni Pergolesi’s La Serva Padrona at Usmar Ismail Hall in Central Jakarta

Indonesia to quit OPEC
Xinhua - China
JAKARTA, May 29 (Xinhua) — Indonesia will quit the Organization of Petroleum Exporting Countries (OPEC) due to years of declining production and investment

Two years on, Indonesia mud volcano still flowing
Reuters - USA
By Heri Retnowati PORONG, Indonesia (Reuters) - Two years after a mud volcano started erupting on Indonesia’s Java island, thousands of people who lost

 

29.May.2008 PowerPR alert on Indonesia

Thursday, 29 May 2008

Indonesia quits OPEC due to declining oil reserves
The Associated Press -
JAKARTA, Indonesia (AP) — Declining oil reserves and investment have forced Indonesia to quit the Organization of Petroleum Exporting Countries even as

Earthquake rocks eastern Indonesia
Xinhua - China
JAKARTA, May 28 (Xinhua) — A moderate earthquake measuring 5.1 richter scale jolted eastern parts of Indonesia on Wednesday evening, no initial report of

Indonesia to ink its OPEC exit document
The Australian - Sydney,Australia
INDONESIA has formally given notice of its intention to withdraw from the OPEC oil producers’ cartel, as world prices skyrocket and domestic consumers feel

Indonesia’s treasure in safe hands
The Australian - Sydney,Australia
SRI Mulyani Indrawati could be the pin-up girl for the modern Indonesia. In her mid-40s, she is Finance Minister, has already held that demanding portfolio

Indonesia travel warning still on
The Australian - Sydney,Australia
CANBERRA is unlikely to follow Washington’s lead and immediately lift its official travel advice cautioning Australians against visiting Indonesia.

UPDATE 1-Indonesia police tighten net on illegal miners
Reuters India - Mumbai,India
Indonesia is Asia’s largest tin exporter, with main producer China becoming a net importer in 2008 to meet local demand for tin used in electrical solder

Rio Tinto fights Indonesia on nickel land claim
Melbourne Herald Sun - Australia
RIO Tinto - the world’s third-largest mining company - has unveiled a 162 million tonne resource at its Sulawesi nickel project in Indonesia as a legal

Indonesia will pull out of OPEC; it no longer exports oil
USA Today - USA
By Anthony Deutsch, AP Writer JAKARTA, IndonesiaIndonesia is leaving the Organization of Petroleum Exporting Countries because declining production and

Indonesia joins in criticism of Myanmar over Suu Kyi
Reuters India - Mumbai,India
MANILA (Reuters) - Indonesia’s foreign minister chided Myanmar on Wednesday for extending the detention of democracy icon Aung San Suu Kyi,

Indonesia Astra says may miss ‘08 auto sales target
Reuters - USA
JAKARTA, May 28 (Reuters) - Indonesia’s largest automotive distributor, PT Astra International Tbk ASII.JK, may miss its sales target for this year amid

28.May.2008 PowerPR alert on Indonesia

Wednesday, 28 May 2008

Time for Goldman to Add Indonesia to the BRICs
Bloomberg - USA
“I was shocked a few years back to see that Indonesia was not a BRIC,'’ Lutfi said on May 22 at a EuroMoney conference in Bali. “It should be.

Indonesia VP sees economic growth at 8-9 pct in ‘10
Reuters India - Mumbai,India
JAKARTA, May 27 (Reuters) - Indonesia’s economic growth could touch 8-9 percent in 2010 from 6.4 percent forecast in the state budget this year spurred in

Rio Tinto sues Indonesia regional govt over mine permit
Reuters - USA
Rio Tinto and the government were close to an agreement after two sticking points — taxation and compensation Rio Tinto should pay Indonesia’s forestry

Indonesia fuel price hike positive for govt budget but crude price
Hemscott - London,UK
Indonesia hiked the cost of domestic fuel by an average 28.7 percent last weekend, effective May 24, in response to soaring global oil prices and a

ANU academic backs Indonesia report
ABC Online - Australia
A political expert has backed the findings of a report that says Australians have false perceptions of the support in Indonesia for radical Islamist agendas

Indonesia signs oil and gas contracts worth $201 million with Eni
Forbes - NY,USA
JAKARTA (Thomson Financial) - Indonesia’s upstream oil and gas regulator BP Migas said Tuesday it has signed five production-sharing contracts (PSCs) with a

World needs to see Indonesia as normal country-report
Reuters - USA
By James Grubel CANBERRA, May 27 (Reuters) - The world needs to update its image of Indonesia and start treating it as a “normal” country,

Indonesia urges junta to free Suu Kyi
NEWS.com.au - Australia
Despite a bedrock policy of non-interference in each other’s domestic affairs, some ASEAN members - including Indonesia, Malaysia and the Philippines - have

Indonesia’s Megawati wants ‘cool boyfriend’ for poll bid: report
AFP -
Megawati, the daughter of Indonesia’s founding president Sukarno, has yet to decide on a running mate to take on an already crowded field.

8 missing after small ship sunk in Indonesia
Xinhua - China
missing after a small fishing ship sunk in the waters off Brebes town of Central Java province in Indonesia since Monday, rescue team said on Tuesday.

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