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AseanPlus News

Council sanctions timber firm

JAKARTA: The main global organisation for certifying sustainable wood says one of its members destroyed tropical forests in Indonesia but stopped short of expelling the company.

Business Premium

Nextgreen’s pulp and paper bet

Nextgreen Global Bhd’s two recent letters of intent (LOI) signed provide an indication of what’s in store for a company which only recently got out of the red.


Nextgreen plans to sell pulp and paper to Marubeni

PETALING JAYA: Nextgreen Global Bhd has executed a letter of intent (LoI) to sell pulp and paper from its mill in Pahang to Japan-based Marubeni Corp.


Australia planning to import LNG: What's next? Coals to Newcastle?

MELBOURNE: Australia is on the verge of becoming the biggest exporter of liquefied natural gas, with dozens of tankers a week carrying fuel to North Asia. It could also soon be importing LNG as supply sources in its southern states run out.


Malaysian palm oil/Vegoils: Market factors to watch Friday Feb 8

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Feb 8.


Indonesia's Pertamina reaches financial close on US$1.8b gas power station project

JAKARTA: Indonesian state-owned energy firm Pertamina on Friday said it reached financial close for a US$1.8 billion integrated gas-fired power station project on Dec. 5 with Japanese partners Marubeni Corp and Sojitz Corp .