Indonesia promises incentives for energy investors

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Asean Affairs 10 May 2011

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Indonesian Energy and Mineral Resources Minister Darwin Zahedy Saleh has promised to consider providing fiscal incentives and more attractive production-sharing arrangements for potential investors in the energy sector.

He added that Indonesia desperately needed to boost investment in this sector to cater for a rapid expansion of domestic demand following the country's impressive economic growth in recent years.

"In a bid to encourage more investment, the government will consider providing incentives and more attractive conditions in production-sharing contracts," Darwin told attendants at the US-Indonesia Energy Investment Roundtable in Jakarta on Monday.

The roundtable aims to strengthen cooperation between the US and Indonesia, and serve as a platform to share experiences and information on policies and activities to improve the investment climate, as well as to encourage public-private investment partnerships in the energy sector.

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ASEAN ANALYSIS

This year in Thailand-what next?

AseanAffairs 04 January 2011
By David Swartzentruber

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

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