Indonesian Political, Business & Finance News

Archive: 28 April 2009

2 articles found

Indonesia mining rules may deter investors-officials

Indonesia mining rules may deter investors-officials JAKARTA, April 27 (Reuters) - Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest economy is to attract new investment in the sector, industry officials said.

Indonesia mining rules may deter investors-officials

JAKARTA, April 27 (Reuters) - Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest economy is to attract new investment in the sector, industry officials said. The issue of divestment, whereby foreign investors are required to sell down their stakes in local units, has led to several disputes involving global players.