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Foreign investment

Jubilee Scotland's campaign against Indonesia's odious debt

Down to Earth No.78, August 2008


Ben Young of Jubilee Scotland writes about the on-going campaign to cancel Suharto's debt legacy to the UK.


Indonesia's total external debt is over US$130 billion. Much of this money should by rights be owed by the estate of the late General Suharto himself. Ranked by Transparency International as the most corrupt dictator of modern times, he is reckoned to have stolen up to $31 billion. But Suharto was not the sole culprit of this corruption.

Suharto's Legacy

Down to Earth No.76-77, May 2008


This May marks the tenth anniversary of Suharto's fall from power. The former president, who headed a military regime which ruled Indonesia for 32 years, died in January this year aged 86.

Communities force Wilmar to address bad practices

Down to Earth No.76-77 May 2008

Communities in West Kalimantan, supported by national and international NGOs, have taken the unprecedented step of challenging the environmentally and socially damaging impacts of the world's largest palm oil company, using the World Bank Group's official complaints procedure.

Another year spent waiting

Down to Earth No. 76-77 May 2008

A year after we reported on Indonesian government plans to launch agrarian reform based on the Basic Agrarian Law 1960 (BAL), the regulation on how the reform will be implemented remains a draft. The non-action reflects the fate of the BAL itself. This law, championed mainly by peasants and nationalist groups, has been dormant since its birth.

Mining news in brief

Down to Earth No. 76-77 May 2008

 

New regulation means cheap forests for mining

A new government regulation on non-tax income from forest areas has caused outrage among NGOs by setting low prices for the use of forests by mining companies and other non-forestry sector users.

The regulation - PP 2/2008 - sets the rate for mining in protection forests from Rp 2,250,000 - Rp3 million (around US$240-320) per hectare per year. In production forests, the rate is Rp 1.8 million - 2.4 million (around US$192 - 255) per year.

Oil palm plantations? Carbon credits? Papua's forests targeted

Down to Earth No.75, November 2007


Large areas of Papua's rich and diverse forests are being targeted by Indonesian and overseas investors for conversion into oil palm plantations. At the same time, discussions are in progress to reserve large areas of Papua's forest to generate carbon credits for trade on international markets.

Aceh's golden crop?

Down to Earth No.75, November 2007


Aceh's new government is promoting the expansion of oil palm plantations in the province as 'in the interests of the people', but it is by no means clear that local communities will be the main beneficiaries.


A report by the independent research organisation Eye on Aceh examines the growth of oil palm plantations in Aceh and the social, environmental and economic costs of this agribusiness. The Golden Crop?