The Jakarta Post , 06/30/2009
The government will require 20 percent of shares in mining companies entirely owned by foreign shareholders to be divested to local partners, in accordance with the new mining law, an official says.
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The Jakarta Post , 06/29/2009
With the implementation of the new mining law, the government will require foreign shareholders with 100 percent of participating interest in mining companies to sell at least 20 percent of their ownership to the central government, regional government, state enterprises or domestic private companies. The minimum ownership for local partners in all mining firms is set at 20 percent by the new regulation. |
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The Jakarta Post, 06/26/2009 , by Yansen , Queensland
Concerns have been expressed regarding the presidential candidates' lack of consideration of environmental topics. An editorial in the June 22 The Jakarta Post lamented that in the first presidential debate, the candidates' responses to environmental problems, in this case the Lapindo mudflow tragedy, were disappointing. Economic issues have dominated the campaign season. |
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