Anggi M. Lubis, The Jakarta Post, Jakarta | Tue, 07/07/2015 4:31 PM
Auto-component maker Astra Otoparts — part of diversified conglomerate
Astra International Indonesia — is set to establish a joint venture with
the world’s largest tire manufacturer Bridgestone Corporation,
partnering to make rubber-based components.
Nadya Natahadibrata, The Jakarta Post, Jakarta | Tue, 07/07/2015 4:17 PM
Transportation Minister Ignasius Jonan has instructed state-owned
airport operator Angkasa Pura II (AP II) and national flag carrier
Garuda Indonesia to improve their flight delay management following a
fire incident at Soekarno-Hatta International Airport in Tangerang,
Banten on Sunday morning that disrupted flight schedules and left
thousands of passengers stranded.
The Jakarta Post, Jakarta | Tue, 07/07/2015 4:12 PM
The head of the Upstream Oil and Gas Regulatory Special Task Force
(SKKMigas) operation division for Kalimantan and Sulawesi, Roy Widiarta,
has said its crude oil production target of 3,500 barrels per day in
Tabalong regency, South Kalimantan, has been achieved.
Grace D. Amianti, The Jakarta Post, Seoul, South Korea | Tue, 07/07/2015 4:02 PM
Indonesia’s Regional Representative Council (DPD) and the Australian
Senate have agreed to cooperate to forge a mutual relationship in
investment and other areas, according to an Indonesian legislator.
Satria Sambijantoro, The Jakarta Post, Jakarta | Tue, 07/07/2015 3:58 PM
The Joko “Jokowi” Widodo administration is planning a 20 percent annual
increase in state spending in the 2016 state budget as the President
looks to spend more on growth-generating infrastructure projects next
Bernard Condon, The Associated Press, New York | Tue, 07/07/2015 2:48 PM
Stocks in the U.S. fell broadly in afternoon trading Monday following sharper drops in Europe and Asia as Greeks voted to reject the spending cuts and tax increases demanded by its creditors for additional loans.
thejakartapost.com, Jakarta | Tue, 07/07/2015 1:34 PM
New Organization for Economic Co-operation and Development (OECD)
research reveals that policy reforms can revive the diffusion of
innovation and make better use of human talent for higher and more
inclusive productivity growth, despite a slowdown in productivity over
the past decade.
Energy company PT Saka Energi Indonesia (SEI) says it has discovered a
gas reserve containing more than 500 billion cubic feet of gas in the
South Sesulu (Sesulu block) working area in Penajam Paser Utara, off the
coast of East Kalimantan.
Pertamina EP Sangatta, the upstream subsidiary of state-run energy firm
Pertamina in East Kutai, East Kalimantan, says its daily oil production
reached 1,211 barrels per day (bpod), exceeding its target of around
1,077 bpod, in the first half of 2015.
Bernard Condon, The Associated Press, New York | Tue, 07/07/2015 6:05 AM
Stocks in the U.S. fell broadly in afternoon trading Monday following
sharper drops in Europe and Asia as Greeks voted to reject the spending
cuts and tax increases demanded by its creditors for additional loans.
Anggi M. Lubis, The Jakarta Post, Jakarta | Mon, 07/06/2015 4:15 PM
Diversified conglomerate Astra International Indonesia is looking to
boost its future non-automotive revenues amid a slump in the industry
and is aiming to enlarge its infrastructure unit with a Rp 10 trillion
(US$750.75 million) investment in the next four to five years.
Satria Sambijantoro, The Jakarta Post, Jakarta | Mon, 07/06/2015 4:13 PM
President Joko “Jokowi” Widodo has given approval for state oil and gas
firm Pertamina’s ambitious plan to take over the gas-rich Mahakam block,
but warned the firm to maintain good communications and avoid
misunderstandings with the energy stakeholders that have huge interests
in the block.