PGN Climbs Down From Plan to Ration Gas Among Indonesian Industries

Following the government’s intervention, state-owned gas company PT Perusahaan Gas Negara has backed down from a plan to reduce the amount of natural gas it allocates to domestic industry and to charge them drastically higher prices if they wanted to buy more than their allotted amount.

Indonesia Offers a Broader Welcome to Foreign Investors

Indonesia plans to unlock more sectors of its economy to overseas investors, including health care, agriculture and creative industries, but will not allow foreign investment in telecommunication towers, the head of the country’s Investment Coordinating Board said on Friday.

Investors, Indonesia Seek New Terms on Coal-Bed Methane Development

A leading player in the coal-bed methane energy sector said on Sunday investors should receive at least 82 percent of the gross revenue from such projects under a scheme the government is drafting to increase investment in the sector.

Wet Weather Expected to Delay Start of Sugar Milling in Indonesia by 3 Weeks

Unusually heavy rain is expected to delay the sugar milling season by three weeks until late May, but the supply of the commodity is unlikely to be disrupted, a senior Agriculture Ministry official said on Friday.

Palm Oil Group ‘Plans to Boycott Nestle’

Palm oil farmers in at least 20 provinces are prepared to boycott Nestle products if the company honors its commitment to stop buying crude palm oil from PT Sinar Mas, an industry association said.

Bank Indonesia Close to Establishing Mandatory Loan-to-Deposit Ratio

Bank Indonesia said on Friday that it was likely to issue a new regulation establishing a mandatory loan-to-deposit ratio for the country’s banks next month.

Martin Roll: Challenges Aplenty for Asian Brands

With increasing globalization more Asian brands are venturing into new markets and attempting to entice customers from a wide range of cultures.

Aneka Tambang Profit Fell 56% in 2009 on Poor Sales

Matahari One Step Closer to Selling Department Stores

Indonesia to End Energy Subsidies ‘by 2014’

Indonesian Government Intends to Sell 16 Percent of BNI Through Planned Rights Issue

Shell, PetroChina Up Bid Taping Australia’s Vast CSG Riches

JPMorgan Places its Bets On Asian Corporate Bonds

Developing Asia Still Vulnerable Despite Progress

Mandiri Net Profit Rose 34.7% Last Year

Heath Care for All Spooks Wall Street as Greece Still Playing on Minds

KPPU Releases New Set of Guidelines Clarifying Law on Formation of Cartels