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Insurers set to pay US$90m in flood claims
China's fiscal revenue reaches 2.6 trillion yuan in first half
CDB's non-performing loan ratio drops to 0.68 pct
Auditor finds US$1.23b in irregular loans
Auditor reclaims US$4.7b misused money in funds
ETF to track mainland's blue-chip stocks
Indonesia coal production estimated to exceed target 
JAKARTA, July 25 (Xinhua) -- Coal production in Indonesia is estimated to hit 215 million tons this year, or above the initial target of 205 million tons, due to demands from new markets of China and India, local press said Wednesday.

Indonesia sells 76.7 percent of total coal output to the export market, equivalent to about 165 million tons, reported leading economic daily Bisnis Indonesia.

"China and India are new buyers for Indonesia. The largest (coal) export goes to Japan and South Korea...," the newspaper quoted Indonesian Coal Mining Association (APBI) Chairman Jeffrey Mulyono as saying.

"These (new markets) offer an opportunity for Indonesian coal producers. If they can't meet the demand, buyers will find other suppliers, such as Australia and South Africa."



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