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Freeport Announces Impacts from PT FI Labor Strike
Wednesday, September 21, 2011 22:08:01
A 30-day labor strike which began on September 15, 2011, at PT Freeport Indonesia’s Grasberg operations in Papua, has a limited to company operation, Freeport said. The estimated impact of the work stoppage to aggregate daily production, including joint venture interests, approximates 3 million pounds of copper and 5 thousand ounces of gold for each day of the work stoppage.  (1359 clicks)
BPS Selects Kofax as Its Enterprise Capture Solution
Tuesday, September 20, 2011 19:52:15
Kofax Plc, a leading provider of capture driven process automation solutions, announced that Badan Pusat Statistik (BPS) has selected a Kofax enterprise capture solution to scan and process approximately 700 million documents used for statistical data collection from over 460 cities each year in the world’s fourth most populous country. The value of the contract to Kofax exceeds $1.9 million. (589 clicks)
GE’s Advanced Aero Technology to Provide Power Boost for Indonesia
Tuesday, September 20, 2011 16:09:14
GE’s newest aeroderivative gas turbine technology has been selected for a new, independent power plant (IPP) that will help meet an urgent need for more electricity in the rapidly growing East Kalimantan region. GE will supply two 41-megawatt LM6000-PG aeroderivative units to PT Kartanegara Energi Perkasa (KEP), owner of the Senipah Power Plant, located 70 kilometers from Balikpapan. PT Kartanegara owned by Retired General Luhut B. Pandjaitan.  (493 clicks)
Total Acquires Interests in Three Deep-Offshore Makassar Exploration Blocks
Thursday, September 15, 2011 20:58:56
Total S.A. has signed agreements with Talisman Energy to farm-in into three deep-offshore exploration blocks in the Makassar Strait: Sageri Production Sharing Contract (PSC), South Sageri PSC, and Sadang PSC. The three blocks are located in the offshore South Makassar Basin, in water depths ranging from 400 to 2,000 metres, and cover a total area of 10,693 square kilometres. (564 clicks)
GTSO Signs Agreement to Explore & Develop Gold in Lombok
Tuesday, September 06, 2011 10:04:51
Green Technology Solutions, Inc. announced the signing of a definitive agreement with mining company New World Energy Ltd. (NWE) to explore and develop gold in Indonesia. GTSO joins NWE’s efforts to secure the mining rights to more than 50,000 acres of mineral-rich land on the Island of Lombok in Indonesia. (617 clicks)
GMO Registry to Provide Registry Services for Indonesian Top Level Domain .id
Monday, September 05, 2011 22:43:46
Tokyo based GMO Registry has been chosen by Kominfo-appointed registry (PANDI) to operate Indonesian ccTLD, .id. In a partnership that aims to promote Internet growth in Indonesia and expand the .id registry, GMO Registry will build a stable, secure and scalable registry system, implement policy aligned with international standards, and market the domain worldwide. The partnership is supported by GMO Registry’s exclusive local partner, PT Telematika-Mitrakreasi. (1348 clicks)
GTSO Moves Forward on Indonesian Gold Agreement
Thursday, September 01, 2011 14:18:42
Encouraged by a 12-percent rise in gold prices in August, Green Technology Solutions, Inc. will move forward with negotiations toward a definitive agreement with mining company New World Energy and Minerals to explore and develop gold properties in Indonesia. ''The price of gold rose $201 in August, a 12-percent gain,'' said GTSO CEO John Shearer. ''Market forces have created an opportunity for resource development in Indonesia that we feel is too good to pass up.''  (675 clicks)
Venevision International Has Its Sights on Asia
Thursday, August 25, 2011 15:24:35
Venevision International is at the forefront of its parent company’s global expansion and focus on the Asian market. As part of its continual commitment to the region, Venevision International is currently in Beijing, participating in the 2011 China International Film & TV Programs Exhibition. Venevision is already bring some televenola to Indonesia market: 'Eva Luna,' 'La Viuda Joven' (The Black Widow) and 'La Revancha' (The Revenge).  (1124 clicks)
Petrochemicals Report: Indonesia is Facing Increased Dependency on Imported Polymers
Wednesday, August 24, 2011 15:53:04
Indonesia is facing increased dependency on imported polymers as rapid growth in consumption outpaces growth in production, according to BMI's latest Indonesia Petrochemicals Report. The cessation of operations at PT Polytama Propindo in August 2010 has led to a surge in PP imports. The closure of Polytama has created a gap of 180,000-240,000 tonnes of PP in the domestic market. (430 clicks)
AirAsia Selects airRM As Its Revenue Management System
Tuesday, August 23, 2011 16:42:53
AirAsia has selected Revenue Management Systems, Inc to provide airRM, a state-of-the-art revenue management, inventory control, and reporting tools. airRM is an innovative revenue management software developed by RMS Inc to help identify sales opportunities and maximize passenger revenues. (456 clicks)
High-tar Cigarettes Continued to Dominate Indonesian Market
Tuesday, August 16, 2011 17:01:58
High-tar cigarettes continued to dominate in 2010, accounting for a 97% share of volume sales. There are two types of high-tar cigarettes in Indonesia - heavier' high-tar cigarettes and lighter' high-tar cigarettes. Heavier high-tar cigarettes include brands such as Djarum Super (32mg tar, 1.8mg nicotine), Gudang Garam Surya (30mg tar, 1.8mg nicotine), Gudang Garam Surya 12 Premium (32mg tar, 1.9mg nicotine) and Gudang Garam International (30mg tar, 1.8mg nicotine). (1318 clicks)
Bakrie Connectivity Launches Mobile Internet Dashboard
Thursday, August 11, 2011 17:15:14
PT Bakrie Telecom, through its subsidiary PT Bakrie Connectivity, launches mobile internet dashboard built on new 'Experience Manager Platform' from Smith Micro Software. The solution, which enables mobile users to access and manage wireless services through a convenient 'digital dashboard,' is designed for a full range of mobile devices on the AHA (Affordable Hyper speed Access) network, including laptops, tablets, smartphones, USB modems and mobile hotspots. (1876 clicks)
Passenger Vehicles Market in Indonesia Poised to Reach 1 Million in Automotive Sales
Friday, August 05, 2011 17:31:32
The passenger car market posted an impressive 51 percent growth in 2010 over 2009. Total passenger vehicle sales in 2010 rose to 541,475 units, increasing by 33.6 percent compared to 2009 figures. Passenger vehicles market in Indonesia poised to reach 1 million in automotive sales in the next four years. (1156 clicks)
ExxonMobil - Pertamina Move Forward with Banyu Urip Full Field Development
Friday, August 05, 2011 17:25:28
Exxon Mobil Corporation said that the development of the Indonesian Banyu Urip field in the Cepu block in East Java has achieved a major milestone with the award of the first of five engineering, procurement and construction contracts for work on major facilities at the development. Four other major contracts expected before year-end. Facilities planned to produce 165,000 barrels per day. (849 clicks)
MINING
CBM Asia Announces First Coalbed Methane Exploration Core Well Spud at Kutai West PSC
Medco Energi Will Sell Coalbed Methane Gas from Sekayu PSC
CBM Asia Announces Appointment of General Manager for Indonesia
E&M Group Acquire PT E&M Indonesia
Freeport Announces Impacts from PT FI Labor Strike
AUTOMOTIVE
Indonesia Q1 2012 Car Sales to Remain on a Positive Growth Path
Passenger Vehicles Market in Indonesia Poised to Reach 1 Million in Automotive Sales
Adira Finance Advance its Enterprise-Wide Performance Management Initiative with Actuate’s perform
TVS India to Produce Motor Cycle in Indonesia
Nissan To Boost Indonesian Production Tenfold
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