APP may list China assets

Article Abstract:

Singapore firm Asia Pulp and Paper Co is planning to merge its two Indonesian units. At the same time, it is looking into the feasibility of listing its Chinese operations in Hong Kong. APP's plan of merging its Indonesian units will not encounter smooth sailing because stock market regulators of Indonesia disagree with the company's plan on how to carry it out. The planned listing of APP in Hong Kong was perceived by some analysts as the cause of the decline in the firm's share prices. APP is owned by the Widjaja family of Indonesia.

Pulp Mills, Singapore, Securities issued, listed, Parent-to-subsidiary activities, Pulp NEC, Wood pulp industry, Pulp industry, Pulp

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Japanese see little in Indonesia's tax breaks

Article Abstract:

Indonesia announced the availability of tax breaks for foreign investors in an effort to increase foreign capital in the country. The corporate income-tax breaks are offered for as long as 12 years in 22 industries. However, Japan, the leading investor in the country with total investments of $42.6 billion as of Oct 31, 1998, remains skeptic over the offer. The lack of new investments and the steep amount required for investments posted at $200 million is turning off Japanese investors.

Government domestic functions, Administration of General Economic Programs, International economic relations, Foreign Investment Regulations, Foreign investments, Economic policy, Foreign investment laws, Incentives (Business)

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Enjoying a ream of success

Article Abstract:

Asia Pulp & Paper Co., an Indonesian firm, is showing strong sales of plain copier paper in Japan due to low production costs, a marketing push and customer-service efforts. The company's paper exports to Japan are expected to reach 190,000 metric tons in 2000 compared to 144,000 tons in 1999. Asia Pulp's market share in Japan is estimated at around 20%.

Market share, PAPER AND ALLIED PRODUCTS, Exports

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