THE winds of change are fast sweeping across the plantation and mining landscape in Indonesia the world’s largest palm oil producer and one of the global players in gold, coal, nickel, copper and tin mining. And it’s going to have a material impact on Malaysian companies in the republic.
The affect of those changes on the fortunes of Malaysian corporations is mainly in the form of tighter business regulations and conditions closely related to the environmental sustainability and socio-political factors, but the thrust is basically to limit foreign investors’ ownership and the sheer size of their ventures in the republic, says industry players.
The latest is the revision on plantation regulations which will be announced by the Indonesian Agriculture Ministry later this month.
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