Economy & debt

Down to Earth No. 76-77 May 2008

Concerns about food security worldwide are growing as rice prices have more than doubled in many countries over the last year and global rice stocks are the lowest for decades. Meanwhile the Indonesian government needs to consider how to increase rice production and to protect the food supplies of the poor.

The United Nations Food and Agriculture Organization voiced concern when international rice prices rocketed to a 20-year high in late March with the global benchmark price at over US$500 per tonne.

Down to Earth No. 74, August 2007


The Jambi-based NGO, SETARA, which focuses on issues related to livelihoods, energy, natural resources and foreign investment, distributed a position paper on Indonesia's palm oil supplies in May. It was headed with a quote from Cuba's former leader, Fidel Castro, that the use of food crops to produce fuels would cause rising prices and hunger for millions of people in developing countries.

Down to Earth No. 74, August 2007


DTE interviewed Dr Afrizal, a sociology lecturer at Andalas University, Padang, West Sumatra. His thesis, entitled 'The Nagari Community, Business and the State', is a detailed examination of the relationship between these three elements through the example of oil palm plantations.

Down to Earth No. 74, August 2007


Indonesia's most prominent environment group, WALHI (Friends of the Earth Indonesia) has repeated its call for a logging moratorium across the country.

Down to Earth No. 74, August 2007

 

The final draft of a revised 'corporates' bill was given the nod by Indonesia's House of Representatives (DPR) on 20 July, 2007. This marked the passing of the bill, which replaces the old Limited Liability Company Law, (No.1,1995). The new Limited Liability Company Law, alongside the revised Investment Law (see DTE 73), is designed to update company legislation and is part of a bundle of regulations and statutes being enacted to make the country more attractive to new investment.

Down to Earth No. 73, May 2007


The Indonesian parliament passed a new investment law in March, despite strong civil society opposition and despite much concern over its implications.

Down to Earth No. 73, May 2007

The giant copper and gold mine operated in West Papua by US-based mining company Freeport McMoran with substantial investment from the British multinational Rio Tinto has been under scrutiny once again.


The Freeport-Rio Tinto mine has been the subject of protests at local and national level in recent months. At the local level, thousands of Papuan workers at the mine went on strike for four days. Facing hundreds of military and police, they successfully demonstrated against discriminatory employment practices.