Weekly Business

INVESTMENT
Reliance Eyes Coal

RELIANCE Group, a company from India, is eyeing coal mines in South Sumatra. After a meeting with President Susilo Bambang Yudhoyono on Wednesday last week, the entourage accompanying Anil Ambani, CEO Reliance Group, flew to Palembang. “They declared their intentions to Governor Alex Noerdin and the regent,” said Chairman of the Investment Coordinating Board Gita Wirjawan.

The Indian conglomerate is interested n

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