Illegal loggers, firms destroy mangroves

Mangrove conservation forests along the east coast of Surabaya (Pamurbaya) face threats not only from indiscriminate land clearing for fish or shrimp ponds, but also by the commercial interests behind them. More...

Chinese firms eye RI infrastructure, energy projects

The Jakarta Post

About 300 Chinese investors have expressed strong interest in investing in infrastructure and environmentally friendly energy projects in Indonesia, which would help the country accelerate its economic growth in the future. More...

G-Resources raises capital expenditure at Martabe mine

The Jakarta Post

G-Resources Group Limited announced Thursday that the company had decided to increase its investment for the development of gold and silver mines in Martabe, North Sumatra, from US$440 million to $576 million due to estimated higher operating costs. More...

Indian Firm on Verge of Acquiring 40% Stake in Indonesian Miner

Jakarta Globe

Coal India, the world’s largest coal miner, is in advanced talks to buy up to a 40 percent stake in Indonesia’s Golden Energy Mines in a deal valued at between $750 million and $1 billion, three sources with direct knowledge said on Thursday. More...

JCI Edges Higher as Sentiment Rebounds

Jakarta Globe

The Jakarta Composite Index rode the momentum of the regional market to close up 34.65 points, or 0.92 percent, at 3,814.81 on Thursday. More...