divestment

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REMOVING A PEBBLE IN THE SHOE

REMOVING A PEBBLE IN THE SHOE Commentary by Wayne Forrest Back in the Soeharto era, Indonesia’s very gifted diplomat, Ali Alatas, used to say about East Timor ( a province with a strong separatist movement that caused major diplomatic problems) that it was “the pebble in Indonesia’s shoe”. East Timor achieved independence after Soeharto’s [...]

New Indonesian Mining Divestment Rules

Is Mining Divestment Such a Benefit to Indonesia?Indonesia is following a worldwide trend of pushing out foreign ownership of mining assets. A March 8 Reuters story began "Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines". But, is that what necessarily happens when more of the [...]