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Tag: indonesian
Indonesian group gets $750 mln loan from two banks for Newmont deal-Basis Point
2016-04-07 14:09:02| IT Services - Topix.net
An Indonesian group has obtained a $750 million loan from two state-owned banks to help finance its purchase of a controlling stake in Newmont Mining Corp's Indonesian operations, Basis Point reported on Thursday. The two-year loan, which is equally split between PT Bank Mandiri Tbk and PT Bank Negara Indonesia Tbk , was signed last week, reported Basis Point, a Thomson Reuters publication, citing people familiar with the matter.
New tool seeks end Indonesian paper giants secret links
2016-02-26 08:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: The paper product industry and public at large has a new tool to determine exactly who is connected to the companies responsible for deforesting Indonesia. An absence of labeling requirements on paper goods makes it difficult to track where Indonesias former forests emerge on the market. Likewise, large conglomerates like APRIL and Asia Pulp & Paper (APP) have long used the lack of clear connections to small concessions, affiliates and subsidiaries to distance themselves from allegations of...
Otto Marine wins $23m shipbuilding contracts from Indonesian customers
2016-02-24 01:00:00| Ship Technology
Offshore marine company Otto Marine has secured three shipbuilding contracts worth $23m from two Indonesian customers.
Tags: customers
marine
contracts
wins
Indonesian palm oil giant joins no-deforestation pledge amid criticism from politicians
2016-02-18 12:27:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Indonesias second-largest palm oil producer has officially signed on to a pledge whose signatories promise to purge their supply chains of deforestation, peatlands conversion and rights abuses. The company, Astra Agro Lestari, joins industry titans Wilmar, Golden Agri-Resources, Musim Mas, Asian Agri and Cargill, who together control most of the refining capacity for Indonesian palm oil. The other signatory is the Indonesian Chamber of Commerce and Industry, which is important because IPOP also...
Tags: oil
palm
criticism
giant
Kongsberg Maritime completes delivery of bridge simulators to Indonesian Navy
2016-02-16 01:00:00| Ship Technology
Kongsberg Maritime has delivered and installed a suite of new bridge simulators for Indonesia's Ministry of Transportation.
Tags: delivery
bridge
navy
maritime
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