Fri, 12 Feb 2010
From:
By Deden Sudrajat
JAKARTA -(Dow Jones)- Indonesia has issued two regulations that will allow investors to start applying for mining permits and for the government to tender mining areas under the Mining Law passed in December 2008, a government official said Friday.

"The most important thing about the two (regulations) is that mining companies can start operations," Bambang Gatot Ariyono, director of coal and mining business at the Ministry of Energy and Mineral Resources, told reporters.

Investors have mostly been deferring their planned investments under the new law while awaiting clear regulations.



News Search/Filter
Transaction Rates
13 Dec 17
Buy
Sell
BTC1
229,582,194
229,582,194
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services