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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, 06 August 09
CASES FILED AGAINST ESSAR ALGOMA OVER TERMINATED COAL SHIPMENTS
Steel Guru reported that, It is reported that units of International Coal Group Inc and Arch Coal Inc have filed federal lawsuits in the same court ...
Thursday, 06 August 09
COMPULSORY MINE RECLAMATION PROPOSED FOR A MINING'S LIFETIME
Tambang reported that, A data from the Forestry Ministry showed that almost 65 percent of mining activities operated under contract of work, c ...
Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry ...
Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (I ...
Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...
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- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- The University of Queensland
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- White Energy Company Limited
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
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