Indonesian Political, Business & Finance News

Archive: 15 April 2008

3 articles found

Mining amendment may attract investment

A new arrangement in the mining bill which limits land for mining use may not spook potential mining investors, as long as the government provides legal certainty for the future of operations, an association says.

Bolstering shipping industry

The new law on maritime transportation services will make the shipping industry more attractive to investors and creditors by greatly increasing the cargo volume for national freighters and providing a stronger basis for shipping companies to use their ships as collaterals for bank loans.

Indonesia overtakes Malaysia as top palm oil producer: minister

Kota Kinibalu, Malaysia (ANTARA News) - Indonesia likely overtook Malaysia as the world's top palm oil producer in 2007, due to dramatically increased planting there, Malaysia said Monday."From preliminary figures in 2007 it looks like Indonesia has already overtaken us in terms of production,"...