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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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Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
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- Bhushan Steel Limited - India
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- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
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- Price Waterhouse Coopers - Russia
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- Thiess Contractors Indonesia
- ASAPP Information Group - India
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- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
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- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
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- The University of Queensland
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- Anglo American - United Kingdom
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- White Energy Company Limited
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- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
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- Deloitte Consulting - India
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- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
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- Petrochimia International Co. Ltd.- Taiwan
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- SMC Global Power, Philippines
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- Trasteel International SA, Italy
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- Holcim Trading Pte Ltd - Singapore
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- Posco Energy - South Korea
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- Riau Bara Harum - Indonesia
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- Ministry of Mines - Canada
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- GN Power Mariveles Coal Plant, Philippines
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- Bangladesh Power Developement Board
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- Madhucon Powers Ltd - India
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- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
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- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
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- IEA Clean Coal Centre - UK
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- Australian Coal Association
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