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China, ASEAN to boost investment promotion

Nanning, China – China and members of the Association of Southeast Asian Nations (ASEAN), which includes the Philippines, are expected to enhance further the cooperation on investment and production in several fields as the city hosts the 14th China-ASEAN Expo (Caexpo). “Bilateral high-level forums on production capacity and investment cooperation will be held between China […]

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Indonesia: Minister Promises to Give 5-10 Percent Stake in Freeport to Papua

TEMPO.CO, Jakarta – The Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that he will give 5-10 percent stake in PT Freeport Indonesia to Papua local governments amid negotiations to divest the company’s 51 percent stake. Luhut said that divestment of Freeport’s stake is expected to be completed by 2019. According to him, the government will raise more […]

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