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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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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
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- Parry Sugars Refinery, India
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- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
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- Heidelberg Cement - Germany
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- Chamber of Mines of South Africa
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- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
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- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
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- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
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- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
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- Renaissance Capital - South Africa
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- Georgia Ports Authority, United States
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- Australian Coal Association
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- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
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- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
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- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- London Commodity Brokers - England
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- Economic Council, Georgia
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- Cement Manufacturers Association - India
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- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
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- Pendopo Energi Batubara - Indonesia
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- Wilmar Investment Holdings
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- White Energy Company Limited
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- Bukit Asam (Persero) Tbk - Indonesia
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- Parliament of New Zealand
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- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
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- The Treasury - Australian Government
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- Pipit Mutiara Jaya. PT, Indonesia
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- Indian Energy Exchange, India
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- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
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