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Business 16 Aug 2014 | 12:00 AM Premium

Indonesia mulls plantations cap

JAKARTA: Indonesian lawmakers are looking to restrict foreign ownership of plantations to no more than 30%, as the top palm oil producer tries to maximise land usage, protect indigenous people and tighten environmental controls in the sector.

Plantations 15 Aug 2014 | 3:48 PM Premium

Indonesia lawmakers draft bill to slash foreign ownership of plantations

JAKARTA: Indonesian lawmakers are looking to restrict foreign ownership of plantations to no more than 30 percent, as the top palm oil producer tries to maximise land usage, protect indigenous people and tighten environmental controls in the sector.

Business 04 Mar 2006 | 12:00 AM Premium

Nine Dragons sets market afire

Shares in Nine Dragons Paper (Holdings) Ltd, China's top packaging paper supplier, roared ahead by as much as 46% in their Hong Kong market debut yesterday after massive demand for its IPO worth up to US$501mil.