Archive for November, 2007

Indonesia losing crops, fish stocks to global warming

Indonesia is losing tonnes of crop production each year and its fish stock is dwindling as a result of global warming, a UN report said on Tuesday, putting the greatest pressure on the nation’s poor.
Millions of poor Indonesians will suffer loss of livelihoods, undermining the government’s efforts to fight poverty, the report by the United […]

November 27th, 2007 - Posted in Yogyakarta

Indonesia Fin Min warns on 2008 growth, deficit

“If the oil price stubbornly stays at $100 a barrel, our budget deficit will increase to 75.9 trillion rupiah ($8.07 billion) - JAKARTA, Nov 27 - Indonesia’s economic growth is likely to fall short of the government’s 6.8 percent target for next year and the budget deficit may widen if oil prices hit $100 a […]

November 27th, 2007 - Posted in Yogyakarta

Indo Mines to invest $600 million in Yogyakarta for pig iron plant

Australia-based Indo Mines Limited will go ahead with plans to build a US$600 million pig iron plant in Kulon Progo, Yogyakarta, having secured the government’s approval for a 30-year contract of work for the operation, an official says.
Simon Sembiring, the Energy and Mineral Resources Ministry’s director general for geology and mineral resources, said Monday the […]

November 20th, 2007 - Posted in Indonesia News, Yogyakarta