Coconut or Palm oil?Recently I posted about Coconut oil, and we had several good feedback and links to documentaries on the topic.
I was wondering if you've seen it ?
I was wondering if you've got any information on economic plans that would curb or control the process ?
I understand there is a lot of money to be made, but I think there are too great risks of putting the eggs in the wrong basket.
How Indonesia Can Rev Up Its Faltering Economic GrowthTo sustainably plug its funding shortfall and bridge its income gap, Indonesia must tap more into global value chains and capitalize on its greatest asset: its people.carnegieendowment.org
Indonesia - Resources and powerIndonesia has a large, and in many cases unprospected, variety of mineral deposits. Mining, including the extraction of oil and natural gas, accounts for roughly one-tenth of the country’s GDP, and through exports and taxation it contributes substantially to foreign-exchange earnings and...www.britannica.com
I thought it was called coconut palm oil...Coconut or Palm oil?
I thought it was called coconut palm oil...
What Is the Difference Between Palm Oil and Coconut Oil?In some ways coconut and palm oils are very similar. They are unique in that they are vegetable oils that contain a high percentage of saturated fat. Because of this they are highly resistant to ox…cookwithkathy.wordpress.com
I am not quite sure on that, but Indonesia was suffering from those foreigners whom stay in with a Tourist visa but runs business, sometimes as a manager in up-high position or working as expat in critical positions. It was primarily caused from the procedures which was very slow or not "clear" especially on business visa, work permit, residence permit but there has been visible and great developments in last few years and Indonesia has stepped in standardization of the processes and made those a lot easier (at least than before).Is it true that Indonesia has introduced dual citizenship, but that this will only be given to certain ppl ?
And that it may be primarily the chinese that gets it because they will be able to buy land ?
I am not quite sure on that, but Indonesia was suffering from those foreigners whom stay in with a Tourist visa but runs business, sometimes as a manager in up-high position or working as expat in critical positions. It was primarily caused from the procedures which was very slow or not "clear" especially on business visa, work permit, residence permit but there has been visible and great developments in last few years and Indonesia has stepped in standardization of the processes and made those a lot easier (at least than before).
It also might cover those particular people who is married to an Indonesian and lives in Indonesia for ages -there are literally many-, but some foreigners have already been misusing the marriage, by simply registering their business in name of their wive. Indonesia further restraints citizens ,who have married to foreigner but not signed division of property stop them, from purchasing assets.
I don't think so, Indonesia citizenship law only permits a single citizenship.
Is it true that Indonesia has introduced dual citizenship, but that this will only be given to certain ppl ?
And that it may be primarily the chinese that gets it because they will be able to buy land ?
This guy mentioned this in the video that covers the issue of Kyrgyzistan.
Labour laws seems to have been changed too in Indonesia with regard to layoffs and longer working hours.
I think the guy in the video is going to be proven right. Not just the labor law, but opening up for more foreign investors without restrictions will result in more low paying jobs.
Protests Against New Indonesian Labor Law Turn Violent
Collage students pass the fire during the mass protest against the government's omnibus law on job creation in capital Jakarta, on Oct. 8, 2020.
Aditya Irawan–NurPhoto/Getty Images
BY NINIEK KARMINI / AP
OCTOBER 9, 2020 3:01 AM EDT
(JAKARTA, Indonesia) — Protests in many Indonesian cities turned violent Thursday as thousands of enraged students and workers criticized a new law they say will cripple labor rights and harm the environment.
Clashes between rock-throwing demonstrators and riot police broke out near Jakarta’s presidential palace as police tried to disperse the protesters, including workers and high school and university students.
President Joko Widodo is visiting Central Kalimantan province and was not in the palace.
Police fired tear gas at the protesters from several high schools and universities as they tried to approach the palace compound, turning roads into a smoke-filled battleground. The protesters hurled rocks and bottles.
As night fell, some protesters set fire to a subway shelter in downtown Jakarta, causing the area to turn an eerie orange color. Demonstrators also burned road barriers, several cars, a cinema and damaged several government offices.
Indonesia’s top security minister Mohammad Mahfud told a televised news conference late Thursday the government would not tolerate any action of damaging public facilities and physical attacks on police and community members.
Flanked by the military chief and other top leaders, Mahfud said that those acts are insensitive to the conditions suffered by people who are struggling against COVID-19 and financial difficulties.
“For this reason, for the sake of order and security, the government will take a firm stand against anarchist actions aimed at creating chaos and fear in society,” he said, “The government to carry out legal proceedings against all perpetrators and actors who ride on these anarchist and criminal actions.”
Similar clashes occurred in large cities all over the country, including Yogyakarta, Medan, Makassar, Manado and Bandung.
Organizers have called for a three-day national strike starting Tuesday demanding that the government revoke the legislation.
The Job Creation Law approved by Parliament on Monday is expected to substantially change Indonesia’s labor system and natural resources management. It amended 79 previous laws and was intended to improve bureaucratic efficiency as part of efforts by Widodo’s administration to attract more investment to the country.
The demonstrators say the law will hurt workers by reducing severance pay, removing restrictions on manual labor by foreign workers, increasing the use of outsourcing, and converting monthly salaries to hourly wages.
“We vow to continue returning to the streets until the new law is revoked,” said Andi Khiyarullah, a protest organizer from the Indonesia Alliance’s student executive body.
Police in Jakarta also blocked streets leading to Parliament, preventing labor groups from holding a mass rally there, and detained at least 200 high school students who attempted to reach the compound, Jakarta police spokesman Yusri Yunus said.
“They have been provoked by invitations on social media to create a riot in Jakarta,” Yunus said.
National COVID-19 task force spokesperson Wiku Adisasmito expressed concern about the virus spreading in the crowds of protesters, who stood close together in images from the scenes, many of them without masks.
“We remind you that we are still in a pandemic condition, there is a public health emergency,” he said.
The government reported Thursday that Indonesia’s total coronavirus cases have risen to 320,564, including 11,580 deaths, which is the highest death toll in Southeast Asia. Cases in Jakarta alone stood at 83,372 with 1,834 deaths.
Indonesia, Southeast Asia’s largest economy, is eagerly courting foreign investors as key drivers of economic growth in a nation where nearly half the population of 270 million is younger than 30.
Protests Against New Indonesian Labor Law Turn ViolentProtests in many Indonesian cities turned violent as thousands of enraged students and workers criticized a new law they say will cripple labor rights and harm the environmenttime.com
Indonesian firms to form EV battery production JVIn Hybrids, EVs and Alternative Fuel, International News, Technology / By Mick Chan / 15 October 2020 2:00 pm / 10 comments
A group of Indonesian state-owned companies are to form a joint venture for the production of electric vehicle batteries, according to a Reuters report.
The new venture will be named Indonesia Battery Holding, and it will consist of state miners Mining Industry Indonesia (Mind ID) and Aneka Tambang (Antam), state ulility firm Perusahaan Listrik Negara (PLN) and state oil company Pertamina, said Mind ID chief executive Orias Petrus Moedak.
“We are preparing a concrete cooperation plan, so that the nickel utilisation project can start immediately to produce batteries,” the CEO said. The company would help build an industry the aims to cover all aspects of battery production, from the production of chemicals and minerals for batteries to the assembly of the battery units themselves, as well as recycling old batteries, said Orias.
This company will also form a partnership with Chinese and Korean firms on two projects valued at US$12 billion (RM49.8 billion), Orias added, without revealing further details, Reuters reported. State miner Antam will also be working on electric vehicle battery-related projects such as high-pressure acid leaching (HPAL) and rotary kiln electric furnace (RKEF) smelter projects, valued between US2-3 billion (RM8.3-12.4 billion).
An earlier Reuters report in June indicated interest from Hyundai and LG Chem for the setting up of an electric vehicle battery manufacturing joint venture in Indonesia, though details and size of the investment were not decided at the time.
In May, a BloombergNEF report found that Indonesia’s industrial electricity prices are about 11% lower than China. Aided by ample nickel, cobalt and manganese depositories, along with low labour costs as well as government subsidies, the country could reduce total battery manufacturing cost by 8% compared to China, thus making it possibly the least costly place in the region for EV battery manufacture, the report added.
The Indonesian ministry of industry said last December that it aims to begin producing electric vehicle batteries by 2022, Autonetmagz reported. The main reason for the timeline given was in order for the country to minimise reliance on other countries for the production of key EV battery components, the director of maritime industries, transport and defense equipment Putu Juli Ardika said at the time.
Indonesian firms to form EV battery production JV - paultan.orgA group of Indonesian state-owned companies are to form a joint venture for the production of electric vehicle batteries, according to a Reuters report. The new venture will be named Indonesia Battery Holding, and it …paultan.org