Dollar sukuk issued by Indonesia are outperforming those of Malaysia, Bloomberg News reports on April 23, 2015. (ID Photo/David Gita Roza)
Dollar sukuk issued by Indonesia are outperforming those of Malaysia, boding well for the government’s plan to tap the global market for a fifth year.
Indonesia’s existing notes maturing in 2018 through to 2024, which are rated the lowest investment grade by Moody’s Investors Service, returned 3.1 percent to 5.5 percent this year, data compiled by Bloomberg show. Three of Malaysia’s higher-rated sukuk due from 2015 to 2021 gained 0.3 percent to 1.8 percent.
Read more at: http://thejakartaglobe.beritasatu.com/business/indonesia-global-sukuk-outperform-malaysia-fifth-sale-planned/
SHANGHAI, Apr. 23 (SMM) – The arrivals of NPI shipments from Indonesia are not expected to place a big impact on China’s NPI market, according to Shanghai Metals Market’s interview at SMM Nickel Summit.
“Arrivals of Indonesia’s NPI are now in small amounts, and those arrivals could not offset the sharp decline in China’s NPI output,” said Xu Baojian, General Manager of Zibo Jianghang Economic & Trade Co. said at the Summit held on Apr. 17-18.
Read more at: http://www.metal.com/newscontent/72236_foreign-npi-arrivals-not-to-impact-china-market-smm-interviews-at-smm-nickel-summit
The Indonesian government’s push to increase revenue from the troubled mining industry by 50 per cent this year could force it to rethink bad policies, according to a lawyer from an Indonesian firm specialising in mining law.
The Indonesian mining industry is facing tough times due to the plummeting prices of some of its key exports including coal, tin and nickel and protectionist policies that ban the export of unprocessed minerals.
There are less than four weeks to go before the Powder Metallurgy community descends on America’s sunniest city for the Metal Powder Industry Federation’s POWDERMET 2015 international conference and exhibition. Taking place in San Diego, California, May 17-20, the event promises to once again provide a wealth of technical information and offer a host of networking opportunities to those working in the Powder Metallurgy and related industries.
Read more at: http://www.ipmd.net/news/003231.html
General Electric Co. agreed to invest in a 42-megawatt solar project in Japan, its third in the country this year.
The solar farm in Futtsu City, about 67 kilometers (42 miles) southeast of Tokyo, is also backed by the Japanese renewable-energy developer Green Power Investment Corp. and four banks led by Bank of Tokyo Mitsubishi UFJ, according to a statement Tuesday from Fairfield, Connecticut-based GE that didn’t disclose the size of the investment.
Read more at: http://www.bloomberg.com/news/articles/2015-04-21/ge-backing-japan-solar-farm-in-1-billion-renewable-power-push
Cuba, the world’s sixth largest nickel producers and one of the top 10 nickel mining countries, is experiencing a sudden, but still modest, investment rush triggered by an ongoing reconciliation between the Caribbean nation and the U.S.
The country, which also holds significant deposits of other minerals as well as oil, has 246 projects hoping to attract capital and be developed, according to a new U.S. Geological Survey report published earlier this month.
Read more at: http://www.mining.com/over-240-mining-and-energy-projects-waiting-for-investors-in-cuba/
AMBITIOUS: Dr. Mwinjak is received by Philippe Dongier, the World Bank Country Director for Tanzania, Uganda and Burundi, together with other senior officials representing DfID, TMEA and the TPA last week at Dar es Salaam port. Completion of the upgrade will mean a doubling of the port’s handling capacity.
DAR ES SALAAM, Tanzania – Civil works have started on the $593 million upgrade of Dar es Salaam port involving financing by both bilateral and multilateral donors and overseen by TradeMark East Africa, the non-profit consultancy.
Read more at: http://www.busiweek.com/index1.php?Ctp=2&pI=3132&pLv=3&srI=58&spI=24&cI=19
(Reuters) – Top executives at Canada’s largest banks, insurers and pension funds sounded a bullish over investing in India after meeting Prime Minister Narendra Modi, who is making the first bilateral visit to Canada by an Indian premier for 42 years.
He said that he understood the need for consistency in regulation and that India has learnt from its past missteps.
The message resonated with Canadian business heads, some of whose firms have already lined up, or raised funds to invest in India following Modi’s election victory last year.
Read more at: http://www.reuters.com/article/2015/04/17/india-canada-modi-idUSL2N0XE00920150417
Russia has set its sights on the Asia-Pacific region to boost its trade ties and coal mining business, as well as its gold mining sector, in the wake of the rouble’s decline, several sources said. The country has also started to erode the dominance of Pacific thermal coal market powerhouses Australia and Indonesia over the past 12 months.
Read more at: http://au.ibtimes.com/russia-lays-out-expansion-plans-wake-roubles-decline-erodes-australias-coal-export-dominance-1439841
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