Lubis Ganie Surowidjojo Law Firm

Friday, July 03, 2009
Indonesia needs to anticipate creation of Bric Trade Bloc
Indonesia needs to take anticipatory steps in the face of the possibility of the realization of Brazil, Russia, India and China (BRIC) trade bloc agreement using local currencies in their transactions, an economic observer said.

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Friday, July 03, 2009
Gozco May Issue Notes to Cover Palma Purchase
Palm oil producer PT Gozco Plantations may issue medium-term notes this year to help finance its purchase of rival PT Palma Sejahtera, after the capital markets regulator questioned an earlier planned debt issue to fund the acquisition, an executive said on Thursday.

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Friday, July 03, 2009
Indonesia Embroiled in Antidumping Offensive as Crisis Chokes World Trade
As struggling firms scramble for markets and try to wind down inventories, allegations of dumping have become the order of the day on the international trade front, with Indonesia finding itself on the receiving end of eight new dumping charges and measures over the last five months.

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Friday, July 03, 2009
Pertamina to build $1.9 billion DME production plant
State owned oil and gas producer PT Pertamina is in the process of establishing a joint venture with PT Arrty Mega Energie to develop a dimethyl ether (DME) production plant to supply household domestic gas needs for cooking.

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Friday, July 03, 2009
Riau moves to start RI downstream CPO industry
The Riau government, already good at attracting investment, is moving aggressively to set up the nation's first downstream industrial cluster for the palm oil industry, to start to catch up with Malaysia.

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