Search Results for: Indonesia

BY KEITH NUTHALL
NOBODY likes to be on a blacklist, especially one written by the American government. But every year, the US state department issues a comprehensive rogues gallery of countries involved in the narcotics trade and related criminal problems. One surprising entrant: the United States.…

BY MARK ROWE
WHEN anti-money laundering officials draw up their lists of most notorious nations, Burma – or Myanmar by its official name – is routinely identified as one of the murkiest epicentres of money laundering. Ignore the fact that Burma has only been classified as a non-cooperative country or territory (NCCT) by the Financial Action Task Force (FATF) anti-money laundering body for just three years.…

BY MONICA DOBIE, ALAN OSBORN and MARK ROWE
SENDING employees abroad or setting up overseas branches always take some preparation and maybe the most important job is taking care of workers’ health needs. Not only must local employment laws be followed, but companies must ensure that they can manage the alien health risks faced abroad.…

BY KEITH NUTHALL AND MARK ROWE
THE SPREAD of the bird flu virus is still not under control, the UN Food and Agriculture Organisation (FAO) has warned, pointing to new outbreaks amongst poultry in Cambodia, China, Indonesia and Laos. The FAO said that more than 80 million chickens have so far been culled, excluding those in China: (Indonesia 15 million; Thailand 30 million; Vietnam 30 million; and Pakistan, 4 million).…

BY MARK ROWE
BUMI Resources, Indonesia’s largest coal producer, has set a target of increasing coal output by 40 per cent this year. In a move that the company says is aimed to capitalise on an increase in global coal prices that may rise by as much as 20 per cent, Bumi says it plans to produce around 43 million tons, up from 30.6 million last year.…

BY MARK ROWE
INDONESIA’S parliament has passed a cyber-crime act on information technology to combat credit card fraud, which costs the country US$6 million every year. Indonesia does not have a coherent law that deals with credit card fraud cases over the Internet and credit card companies and legal authorities have been pressing for a legal framework.…

BY KEITH NUTHALL
THE EUROPEAN Commission has proposed the permanent abolition of anti-dumping duties on imports into the European Union (EU) of sacks and bags made of polyethylene or polypropylene from China, India, Indonesia and Thailand. Its move follows a U-turn by the European Association for Textile Polyolefins (EATP), which had in 2002 requested a review into the impending expiry of the duties on behalf of its members (who comprise 32.03 per cent of total EU production).…

BY KEITH NUTHALL and MARK ROWE
THE STANDING Committee for the Food Chain and Animal Health of the European Union (EU) has extended until August 15 the suspension of EU imports of fresh chicken meat and chicken products from Thailand because of the bird flu outbreak.…

BY KEITH NUTHALL
1) PT Caltex Pacific Indonesia (CPI) is considering obtaining new oil and gas blocks, both onshore and offshore, despite the current decline in output due to maturing oil fields. CPI President Humayun Bosha said that “Caltex will invest between US$300 million to $400 million next year.”…

BY MARK ROWE
INDONESIAN parliamentarians have called for ban on sugar imports until February to stabilise the tumbling domestic price of the commodity. Sugarcane farmers have complained about low-cost sugar imports from Thailand, Vietnam and Malaysia.…