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Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting their trade relations. “This is the continuation of longstanding negotiations since 2005,” Indonesian Trade Minister Mari Elka Pangestu said in a press conference here on Monday.
She said the agreement will be signed on the occasion of an ASEAN Economic Ministers meeting in the Thai capital on August 13-16. The agreement will require India to lower and abolish duties on 85 percent of its imports from the region between 2010 and 2019, she said.
Under the agreement, India will exempt 4,145 different Indonesian goods from import duties. In return, Indonesia will abolish duties on 4,749 types of Indian commodities, she said.
The agreement is expected to increase Indonesia’s exports of crude palm oil (CPO) and its derivatives to India. Indonesia’s exports of CPO and derivatives to the South Asian country are currently subject to 80 percent and 90 percent duties respectively. The duties will be lowered to 36.5 percent and 45 percent respectively by 2019.
Indonesia’s coal exports to India will also be exempted from duties starting January 1, 2013 - Mari Elka Pangestu, Trade Minister, Indonesia
“Hopefully, the FTA will create a greater chance for Indonesia to increase its exports to India,” she said.
Among the Indian commodities which will have their import duties reduced will be electronic apparatuses for telephone, cotton, semi-finished iron and alloy steel and automotive products related to Indian investment in Indonesia.
Data from the Central Bureau of Statistics (BPS) show two-way trade between Indonesia and India reached an estimated US$9 billion in 2008 with the former enjoying a surplus of US$4 billion. ( ant )
Source: Berita Sore
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Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
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- VISA Power Limited - India
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- White Energy Company Limited
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Australian Coal Association
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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