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Indonesian group seeks $1bn debt for mine deal

Jakarta / Bloomberg An Indonesian consortium led by veteran investment banker Agus Projosasmito is in talks to raise $1 billion of debt to back its bid for control of Newmont Mining Corp.’s copper operations in the country, according to the group’s financial adviser. The investor group is in discussions with banks on borrowing $750 million in senior loans and $250 ...

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Thailand’s power peak to hit 28,500 megawatt this year

Bangkok / DPA Thailand’s power peak will hit a new record this year when electricity usage is expected to hit 28,500 megawatt, according to an estimate by the Electricity Generating Authority of Thailand under the assumption that average temperature would rise by 4 percent to 38.5 degree Celcius. The electricity consumption should hit a new peak some time during April ...

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Brunei eyes public-private coop for airport upgrade

Bandar Seri Begawan / DPA The Ministry of Communications is looking to use public-private partnership (PPP) to make the Brunei International Airport on par with the best in the world. Interior refurbishment of the Brunei International Airport will need to be done to make it one of the best in the world,” Mustappa Sirat said at 12th Legislative Council (LegCo) ...

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