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Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS


Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting dividend contributions to the government.

Net income at companies including PT Tambang Batubara Bukit Asam and PT Pertamina may fall to 70 trillion rupiah (US$5.8 billion) from 78 trillion rupiah in 2008, Said Didu, secretary to State Enterprises Minister Sofyan Djalil, told reporters in Jakarta yesterday. The government may get 25 trillion rupiah in dividend payments from the companies, he said.

To read more click Tanhnien news 



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Recent News

Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change ...


Tuesday, 22 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall * Asia 2010 thermal coal imports expected to rise 6.3 pct * China to become net im ...


Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
* Colombia producers hope for growth in Asia shipments * Panama Canal will allow smaller coal Capesize vessels * Australia, Indonesia to remain bi ...


Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle. Australian ...


Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE
Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in South ...


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