Indonesian Political, Business & Finance News

Holes in Indonesia's mining law

| | Source: JAKCHAT
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. Most of it is either upgrading of existing mines or MNC's cashing out to the Chinese/Indians.
3. Strategic geo-political issues overlap. The Chinese/Indians are not philanthrpopists so perhaps GOI needs to consider the longer-term consequences of a shift in alliances?
Tags: business
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