Fox Business - The Power to Prosper
Search Site

Susilo Bambang Yudhoyono

Related Topics

  1. Inflation
Get updates on Susilo Bambang Yudhoyono
Indonesia warns multinationals not to be greedy over resources

Indonesia's president told major investors in his country's natural resources not to be greedy, comments that suggest he is in no mood to row back on policies that foreign mining and energy firms have called a deterrent.But Susilo Bambang Yudhoyono sounded more accommodative in remarks over a long-delayed $7.2 billion bank takeover by Singapore's DBS Group and on the thorny issue of reducing state fuel subsidies, which are eating up a growing chunk of the government's budget."My criticism to the world is that many multinational corporations take too much and do not leave behind enough for the people of those countries," Yudhoyono told a Thomson Reuters Newsmaker event in Singapore on Tuesday.Indonesia has implemented a range of policies, especially in the mining sector, to try to force companies to invest more in downstream businesses as a way to increase the value of products before they are exported. The country is a major exporter of copper, nickel and gold, among other commodities....

Read More ›

  1. Indonesia Regulator: Cepu Delay May Cost Exxon Local Chief's Job

    Indonesia's Cepu Block crude oil production site, operated jointly by Exxon Mobil Corp. (XOM) and PT Pertamina, is likely to face delays in reaching peak production,...

  2. U.S. takes Indonesia to WTO over plant, animal import rules

    The United States has filed a complaint at the World Trade Organization challenging Indonesia's rules for imports of horticultural products, animal products and anim...

  3. Indonesian technocrat Pangestu enters race to lead WTO

    Indonesia has entered the race for leadership of the World Trade Organization, nominating former trade minister Mari Pangestu to succeed Pascal Lamy when he steps do...

  4. Indonesia digs hole for itself with new mining laws

    One evening in late September, Peter Wesser and his club of veteran minerals explorers met at Jakarta's Hotel Kristal to swap stories and exchange news. Beer and roa...

  5. OECD: Indonesia Economy Growing Too Slowly to Be Among 10 Largest by 2025

    Indonesia may not meet its target of becoming one of the world's 10 largest economies by 2025, the Organization for Economic Co-operation and Development said Thursd...

  6. Indonesia Asks Freeport to Sell Majority Stake in Local Unit via IPO

    The Indonesian government has asked Freeport McMoran Copper & Gold Inc. (FCX) to reduce its stake in its Indonesian unit to 49% by selling shares in an initial publi...

  7. Indonesian President: BP To Invest $11 Billion In Gas Project -Reuters

    is to invest $11 billion in a natural gas project in eastern Indonesia, Reuters reported Friday on its website, citing a statement issued by Indonesian President Sus...

  8. Strong Quake Strikes Off Coast of Indonesia

    An 8.6 magnitude earthquake struck off Indonesia on Wednesday, sending residents around the region scurrying from buildings and raising fears of a huge tsunami as in...

  9. Indonesia President: Need To Revise Growth, Oil Price Forecasts After Iran Sanctions

    Indonesia needs to revise its economic growth and oil price forecasts in the state budget due to the global economic slowdown and after some developed nations slappe...

  10. G20 to Tackle Food Prices as Countries Reassure

    The world's biggest economies are working to find ways to bring down soaring food prices, a G20 official said on Friday, as top exporter Thailand vowed to keep rice ...

  11. Obama: G20 Has a Lot of Work to Do

    President Barack Obama said the Group of 20 nations still had a lot of work to do on the world economy and had not yet achieved a framework for balanced growth.Obama...

  12. INTERVIEW-UPDATE 1-Indonesia may cancel permits to save forest

    By Sunanda Creagh and Neil ChatterjeeJAKARTA, Aug 18 (Reuters) - Indonesia's planned moratorium on the clearing of natural forest from 2011 may lead to the revocatio...

  1. Pilots in Indonesia Crash Pass Initial Drug Test

    The pilot and co-pilot of the Lion Air passenger plane that crashed at Bali's airport passed their initial drug tests, authorities said Sunday, as investigators cont...

  2. Indonesia should ban all private cars from using subsidized fuel: adviser

    TANJUNG BENOA, Indonesia (Reuters) - Indonesia should slap a nationwide ban on the use of subsidized fuel by the country's 11 million private cars, a move that would...

  3. Indonesia Bank Ownership Law Changes Must Be 'Gradual' -Finance Minister

    Indonesia's finance minister said Monday that any changes in bank ownership laws need to occur gradually to maintain a positive investment climate for foreign invest...

  4. Insight: One lump or two? Indonesian "sugar samurai" serve foreigners sparingly

    White sugar prices hit a record in Indonesia last summer and further spikes are expected this year even though the world is awash with the sweetener. The main cause,...

  5. Indonesia struggles to solve politically toxic fuel subsidy problem

    Scraping out a living on $5 a day, taxi driver Sukarjo fears losing what many poor Indonesians see as the main economic help they get from their government: a subsid...

  6. Indonesia Finance Minister Clears Hurdle in Bid to Run Central Bank

    JAKARTA, Indonesia--Indonesia's Finance Minister Agus Martowardojo has cleared the first hurdle in obtaining parliamentary approval to head the country's central ban...

  7. Indonesia Finance Minister Stresses Inflation Management, Reciprocity for Central Bank

    Indonesia's finance minister on Monday suggested that he would continue current Bank Indonesia policies if he becomes the central bank's next governor later this yea...

‹ Prev12Next ›
Freebase CC-BY
Source: Susilo Bambang Yudhoyono on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL