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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, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...


Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...


Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
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Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said L ...


Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...


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