The Indonesian Investment Coordinating Board (BKPM) issued a press release today outlining a program of tax holidays to be granted to new investors via a decree of the Minister of Finance. Important Features of the tax holiday: Offered for 5 to 10 years after a company or project begins commercial production 50% reduction offered for 2 years after the initial tax holiday ends Priority sectors: basic metals, petroleum refineries, organic [...]
August 10, 2011 Department of Energy Releases New ‘Billion-Ton’ Study Highlighting Opportunities for Growth in Bioenergy Resources The U.S. Department of Energy today released a report – 2011 U.S. Billion-Ton Update: Biomass Supply for a Bioenergy and Bioproducts Industry – detailing U.S. biomass feedstock potential nationwide. The report examines the nation’s capacity to produce a billion dry tons of biomass resources annually for energy uses without impacting other vital U.S. [...]
The Jakarta Post, Jakarta | Fri, 08/12/2011 The Indonesian government is exploring effective instruments to encourage domestic coconut processing industry, an official says. The Trade Ministry’s foreign trade director general discovered that imposing an export duty on coconuts, for copra, would not be effective to secure its supply for the domestic industry. “We export less than 1 percent of our total outputs, or around 130 million, so an export duty [...]
by Laura K. Cowan | Original Article on Inhabitat.com GE partnered with Inovateus Solar recently to build an EV-charging solar carport in Plainville, Connecticut. The structure was unveiled yesterday with Connecticut Governor Dannel Malloy and GE Energy Industrial Solutions CEO Luis Ramírez on hand. The solar carport can charge 13 electric vehicles per day in addition to powering its own lighting, and produces enough energy to power 20 homes per [...]
Overseas Private Investment Corporation (OPIC) International Investment Conference Conference sessions will focus on access to investment and trade finance, private equity, infrastructure, tourism and entrepreneurship. Particular emphasis will be placed on renewable energy and clean technology sectors. Participants include American businesses of all sizes seeking private equity, debt financing or partners for expansion into Southeast Asia, Southeast Asian companies seeking U.S. partners or capital and U.S. and Southeast Asian financial [...]
Shifting Regional Development, From Indonesia to The World Asia has entered the second year of its global economic expansion and still leading on its recovery. As seen on its exports and investment index, their 2010 first half growth has overcome all regional economics trend. The second half economic growth has moderately towards a sustainable pace, and it remains robust. In short, nowadays Asia is on its all time best phase. [...]
For much of the world, the United States is now on sale at discount prices. With financial institutions tightening their credit, a growing unemployment rate, and worries about a recession savvy foreign investors are taking advantage of the situation. The weak dollar has made the American real estate market look attractive to foreign bargain hunters and now U.S. land, hotels, shopping centers, apartments, warehouses and office buildings are being seen [...]
