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Indonesian Commercial Newsletter

Latest Issue: 05/01/2007

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In This Issue

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1. Indofood to acquire Lonsum.(CORPORATE NEWS IN BRIEF)(PT London Sumatra... Indofood Agri Resources, a subsidiary of Indonesia's food giant PT Indofood Sukses Makmur, will acquire 64.4% of publicly listed plantation company PT London Sumatra Plantation ... (PREMIUM PERIODICAL ARTICLE) 2. CAPC wholly takes over Styrindo Mono Indonesia.(CORPORATE NEWS IN BRIEF)(PT... The country's largest petrochemical company PT Chandra Asri Petrochemical Center (CAPC) has completed the process of wholly taking over PT Styrindo Mono Indonesia (SMI). The ... (PREMIUM PERIODICAL ARTICLE) 3. SETDCO seeking to expand operations to Russia.(CORPORATE NEWS IN BRIEF) The Setdco Group, which is controlled by local tycoon Setiawan Djodi, said it is interested in expanding business to Russia to build a liquefied natural ... (PREMIUM PERIODICAL ARTICLE) 4. United State imposes more penalty on Indonesian cacao.(ECONOMIC NEWS IN... The United States has again slapped a penalty on Indonesian cacao beans exported to that country for poor quality and being contaminated with insect. The ... (PREMIUM PERIODICAL ARTICLE) 5. Russia to build satellite launching center in Papua.(ECONOMIC NEWS IN... PT Air Launch Centra Nusa (ALCN) and Air Launch Aerospace Corp. (ALAC) from Russia will build the first satellite launching station in Indonesia. Feasibility study ... (PREMIUM PERIODICAL ARTICLE) 6. Govt. to oppose U.S. countervailing duty on Indonesian paper.(ECONOMIC NEWS... The government has been prepared to oppose the U.S. decision slapping countervailing duty on Indonesian products of glossy paper. The U.S. government has imposed a ... (PREMIUM PERIODICAL ARTICLE) 7. Indonesia wants to speed up signing of EPA with Japan.(ECONOMIC NEWS IN... The Indonesian government asks Japan to speed up the process toward reaching the Economic Partnership Agreement (EPA) between the two countries. Vice President Jusuf Kalla, ... (PREMIUM PERIODICAL ARTICLE) 8. Government to launch land reform.(ECONOMIC NEWS IN BRIEF) The government is preparing to launch land reform starting by distributing 9.6 million hectares of certificated farm lands among poor families, an official said. Head ... (PREMIUM PERIODICAL ARTICLE) 9. Gas production falls short of target.(ECONOMIC NEWS IN BRIEF) The government said Indonesia's natural gas production fell below target of 8,423 million standard cubic feet per day (MMscfd) in the first four months of ... (PREMIUM PERIODICAL ARTICLE) 10. Foreign contractors no longer need local partner.(ECONOMIC NEWS IN BRIEF) Foreign contractors will be allowed to handle government projects without cooperation with local partner in 2011, an official said. Under the present regulation a foreign ... (PREMIUM PERIODICAL ARTICLE)
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