Archive: 11 April 2009
9 articles found
Sat, 11 Apr 2009
Holes in Indonesia's mining law
Several interesting issues to discuss. Not that anyone ever does in this section!!1. In SHARE terms, Indonesia continues to decline, losing out in particular to Chile, which has a more accomodating FDI regimen.2. Don't be mislead by the figures for "New" investment.
Sat, 11 Apr 2009
Holes in Indonesia's mining law
JAKARTA - Indonesia's highly anticipated new mining law threatens to become a non-starter just three months after its passage, denting hopes generated over three years of parliamentary debate that a new legal regime would spur more development in the sector.
Sat, 11 Apr 2009
RI exports may drop by 50% in Q2, Kadin says
As the global downturn is still nowhere near recovering, Indonesia’s exports - having dropped 30 percent in the first quarter - will fall even faster in the second three-month period, a business grouping predicts.
Sat, 11 Apr 2009
BI: Processing industry to grow only two percent
Jakarta (ANTARA News) - Indonesia`s processing industry is predicted to grow only two percent this year, down from 3.7 percent in 2008, according to Bank Indonesia`s economic report issued on Wednesday."The slowdown occurs because of decreased exports and domestic demand," it states.
Sat, 11 Apr 2009
UAE advises Indonesia to sign FTA with GCC
Abu Dhabi (ANTARA News) - The United Arrab Emirates (UAE) has proposed to Indonesia to enter into a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC), Indonesian Ambassador to the UAE M Wahid Supriyadi said.
Sat, 11 Apr 2009
Greenearth establishes geothermal entity in Indonesia
JAKARTA, INDONESIA: Greenearth Energy has established a geothermal exploration and development entity based in Jakarta, Indonesia with the aim of establishing a suite of geothermal exploration and development opportunities in the country.
Sat, 11 Apr 2009
Non-Oil Exports May Plummet 30% As Big Contracts Evaporate, Says GPEI
Indonesia’s non-oil and gas exports are expected to plunge as much as 30 percent over the next three months, including rubber, palm oil and mining products, as fewer overseas buyers sign long-term contracts, said Toto Dirgantoro, secretary of the Indonesian Exporters Association, or GPEI.
Sat, 11 Apr 2009
Minister Unlikely to Approve Donggi Senoro Deals
Following conflicting signals, intrigue and confusion - and despite the risk of straining trade relations with Japan - Indonesia seems set to repudiate the provisional gas sale agreements signed by the Donggi Senoro liquefied petroleum gas project, with the energy minister now insisting the gas is...
Sat, 11 Apr 2009
Exports Could Hurt Foreign Debt Repayment
Jakarta - Though President Susilo Bambang Yudhoyono said on Sunday that the government was committed to repaying its foreign debts on time to maintain foreign investor confidence in Indonesia, economists warned that falling exports could affect the country’s ability to make those payments.