Indonesia PLN to Invest Rp 8.9 Tn

"Some of the power plants are expected to be active this year"

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State electricity company PLN is ready to have Rp 8.9 trillion of investment to develop electricity projects in western Indonesia including Sumatra and West Kalimantan.

PLN Senior Manager of Corporate Communications, Bambang Dwiyanto, said the financing will be taken from the company's budget of

Kian price slide, Gold Hunted

The price of gold during this week have been corrected nearly U.S. $ 50 per ounce.

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         The price of gold on international markets this week continues to slump. Conditions that trigger the selling price in Jakarta join corrected. Based on data on the Comex division of the New York Mercantile Exchange, Wednesday, January 5, 2011, the price of gold for February delivery fell U.S. $ 5.10, to U.S. $ 1,373.17 an ounce.

Gold prices highest recorded at U.S. $ 1385.20 and low of U.S. $ 1,364 per

High Yield Causes Investors to Eye Rupiah

The yield is reflected through Uncovered Interest Parity

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           Investors are still eyeing rupiah investment products following the high yield they may gain from the outcomes compared to Malaysia or Philippines.

In a report drawn up by Bank Indonesia, the yield is reflected through Uncovered Interest Parity. In fact, rupiah is recorded at a level of more than 5 percent, Malaysia 3 percent, Philippines 1 pecent while Korea 2 percent.