Indonesia's dominant telco, PT Telekomunikasi Indonesia (Telkom) is seeking to raise US$1 billion in loans to fund half of its planned CAEX for 2010. The company is looking at raiseing funds from issuing bonds and securing vendor financing deals.
Indonesia will give new incentives to oil and gas investors, including more
favourable tax treatment and a better production split, in a bid to boost
exploration, the country's new Energy Minister Darwin Saleh said today.
BP announces that a consortium led by its joint venture VICO owned jointly by BP and ENI has signed a production sharing contract PSC with the Government of Indonesia for the exploration and de
Garuda Indonesia has temporarily suspended its daily Singapore-Ho Chi Minh City flight due to weak demand.
"Garuda would like to relocate its resources...
MALAYSIA'S successes in Sea Games men's doubles have been few and far between but World No 1 Koo Kien Keat-Tan Boon Heong can change that with a determined charge in Laos next month.
Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Rangkas B.V has entered into a farmout agreement with Tap Energy Rangkas PTY LTD Tap a subsidiary of Tap Oil Limited of Au