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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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Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...
Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...
Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year
* LNG imports in July fall for seventh straight month
Alibaba reorted that, South Kore ...
Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said
L ...
Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...
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- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
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- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- White Energy Company Limited
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- The University of Queensland
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
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