We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee, rubber, palm oil and mining products to use a letter of credit from local banks for export transactions worth more than $1 million.
The government issued the regulation in April 2009 and it was set to take effect on July 1. It was intended to support the rupiah by ensuring revenue from commodity exports was kept onshore.
The Ministry of Trade originally delayed the introduction of the regulation from Sept. 1 to Nov. 1. Implementation was subsequently postponed again, to July 1.
“Based on evaluations, the regulation is no longer needed. Thus it is canceled and will not be applied,” the ministry said in a decree signed by Trade Minister Mari Elka Pangestu last Thursday.
The current export reporting system will continue. Under the system, exporters have to submit regular reports of payments received from their overseas buyers to the Trade Ministry.
Sandiaga Uno, managing director of private equity firm Saratoga Capital and a former head of the Indonesian Young Entrepreneurs Association (Hipmi), welcomed the decision.
“I welcome the move because my colleagues, especially in small and mid-sized businesses, have been complaining about the added cost it would bring,” Sandiaga said. Exporters had claimed that obtaining a letter of credit would cost them 0.8 percent of the total transaction.
“We’ve been hoping for a while that it would be canceled,” Sandiaga said.
Jeffrey Mulyono, president director of coal miner PT Bhakti Energi Persada, said the requirement would have undermined normal trade practices and increased costs.
“Why do we need it since there are already standing agreements between importers and exporters?” he said. “It would have only led to an added burden for both exporters and their buyers.”
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons. ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
|
|
|
Showing 5776 to 5780 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Central Electricity Authority - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Parliament of New Zealand
|
| |
| |
|
