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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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Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...
Thursday, 13 August 09
RIO PREPARES COAL IPO AFTER FAILING TO FIND BUYER
Bloomberg reported that, Rio Tinto Group, the world’s third- largest mining company, is preparing an initial public offering for its U.S. ...
Thursday, 13 August 09
NOBLE'S PROFIT DOUBLES ON GLOUCESTER COAL ACQUISITION
Bloomberg reported that, Noble Group Ltd., a Hong Kong-based supplier of raw materials from soybeans to coal, said second- quarter profit more than ...
Thursday, 13 August 09
CHINA COAL-PRICES UNCHANGED, BUT LIKELY TO MOVE HIGHER
Alibaba reported that, Spot coal prices in China's top coal port Qinhuangdao were unchanged from a week earlier, but are still looking bullish in t ...
Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, ...
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- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Planning Commission, India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Australian Coal Association
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- PTC India Limited - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Minerals Council of Australia
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
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