The Jakarta Post
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Jasa Marga to invest Rp 3t for new toll roads (Mar 10)
JAKARTA: State toll road operator PT Jasa Marga will spend this year Rp 3 trillion (US$327 million) on capital expenditure for toll road construction with the greater part financed by bank loans.read more


PGN plans to import 2m tons of LNG from Qatar (Mar 10)
State-owned gas distribution company PT Perusahaan Gas Negara Tbk (PGN) plans to import between 1.5 and 2 million tons of liquefied natural gas (LNG) a year  from Qatar.read more


Jakarta price index may pass 3,000 mark, analysts say (Mar 10)
A rally in share prices on the Indonesian Stock Exchange continued on Tuesday with the main price index rising 1.2 percent on the back of foreign purchases.read more


Natural gas supply to see 23.3 percent deficit this year (Mar 10)
Natural gas supply and demand in 2010 will see a deficit of 23.3 percent based on demand specified in contracts and commitments combined in relation to available supply.read more


House questions plan to raise power tariff (Mar 10)
The House of Representatives questioned on Tuesday the government’s proposal to raise the base electricity tariff by 15 percent, saying PLN’s efficiency should be audited first.
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Greek PM urges US to crackdown on speculators (Mar 10)
Greek Prime Minister George Papandreou said following a White House meeting Tuesday that President Barack Obama reacted positively to European ideas about cracking down on currency speculation.read more


Allianz Indonesia aims at 10% growth (Mar 9)
Allianz Indonesia, supported by two subsidiaries Allianz Utama and Allianz Life, is targeting to increase its premium revenues and assets by more than 10 percent this year through market and producread more


IMF chief says world must prepare for next crisis (Mar 9)
The world needs to prepare for the next economic crisis, even as it begins to recover from the worst recession since the Great Depression, the head of the International Monetary Fund said Tuesday.read more


Rupiah forecast to strengthen to 9,400 by year-end (Mar 9)
The rupiah is expected to strengthen to Rp 9,400 per US dollar by the end of 2010, and to 9,200 by the end of 2011, UBS currency strategist Nizam Idris says.
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BI estimated to raise rate in Q3 (Mar 9)
Bank Indonesia is expected to start hiking its benchmark interest rate by 150 basis points in the third quarter this year, UBS economist Edward Teather said Tuesday.
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