The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station coal to be carried by Indonesian-flagged vessels from Jan. 1 next year. Around $4 billion has been invested in preparation for the change so far, said Indonesian National Ship Owners (INSA) chairman Johnson W Sutjipto. “We will be ready to implement the cabotage system for the transportation of power-station coal in domestic waters,” he said on Sunday in Jakarta.

Advertisers will soon shift a significant amount of their spending to digital and mobile media, threatening print and even TV media, a recent survey predicts. Global business consultancy Pricewaterhouse Coopers says that global advertising spending on the Internet and mobile media will increase annually by a mere 0.3 percent in 2009 and 2010, and then surge up to 12.9 percent between 2011 to 2013.