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Tuesday, 03 August 10
INDONESIA CONSIDERING RUPIAH DENOMINATION
The jakarta post reportd that, the central bank is deliberating a potential Rupiah denomination in light of decreasing exchange rate valuations against the US dollar in recent years.
Bank Indonesia is considering the possibility of eliminating zero digits in the currency’s nominal value, as reported by kompas.com.
“The central bank is preparing several measures to make Rp 1 feasible,” new Bank Indonesia Governor Darmin Nasution said over the weekend.
The bank has not yet decided how many zero digits would be eliminated, but plans to consult with the House of Representatives before reaching a decision, Darmin said.
“We will publicize the plan by the end of this year,” Darmin said, adding that currency denomination processes generally take four to five years.
The denomination plans will consider overall economic health, low inflation and price stability, Bank Indonesia deputy governor Budi Rochadi said.
Source:The Jakarta Post
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Tuesday, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
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- Binh Thuan Hamico - Vietnam
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- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- The Treasury - Australian Government
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- Port Waratah Coal Services - Australia
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- Economic Council, Georgia
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- Eastern Coal Council - USA
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Siam City Cement - Thailand
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- Alfred C Toepfer International GmbH - Germany
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- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
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- Edison Trading Spa - Italy
- Deloitte Consulting - India
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- Directorate General of MIneral and Coal - Indonesia
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- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
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- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
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