Should Indonesia Add Capacity?





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WESTERNERS can often by unbelievably patronising about Asia’s efforts to climb up the economic self-sufficiency ladder.

“South Korea has no business being in petrochemicals,” said a very annoying US industry executive many …

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How ridiculous does ridiculous have to get?



Source of picture: New York Daily News


How ridiculous does crude-oil pricing have to become before regulatory reforms occur that limit the role of financial speculation in a helpful way?

This was …

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GCC mood lifts despite worsening gas crisis

THE MOOD seems to have become a little more upbeat in the Gulf Co-operation Council (GCC) region of the Middle East thanks to the economic recovery.

“The flow of foreign funds into the GCC came to a complete standstill in …

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The Iranian investment struggle



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The political sensitivity surrounding Iran is so great that US-based companies are not even allowed to attend presentations by Iranian officials at conferences, a source said.

“I witnessed a recent walk-out during a presentation …

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Don’t count on Thai project delays

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I have been digging a little deeper into the Map Ta Phut issue and it looks like expectations of major delays to projects at the site were a little premature.

Construction has not stopped despite a ruling by Thailand’s Central …

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Wearing blinkers is a job requirement


“Take it from me, peripheral vision isn’t all it’s cracked up to be, especially if you want to get a decent annual bonus….”


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Here’s a rant for Tuesday – with thanks to Paul Hodges for informing …

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China lends guiding hand to futures markets


The Chinese government appears to have an important objective to achieve while promoting commodity futures trading in the country?

A report in today’s Wall Street Journal says that the government is positioning its futures markets in setting world prices for …

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Beware of the usual smoke and mirrors


Flying the flag for Q3…

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Yes, Q3 earnings season is almost upon us with the usual headline-grabbing improvements in carefully selected reported numbers.

What this season might tell us about the overall direction of everything is, …

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Thrifty times call for new strategies


At an investors conference call yesterday, Indira Nooyi, the chief executive of PepsiCo, said she expects the ‘age of thrift’ in consumer spending to continue into next year.

As consumers in the developed world are placing value at the top …

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Chemical execs go long on realism


Offsetting the risk of being over-optimistic?

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MAYBE there should futures contracts in realism versus recklessness. That way any senior company executive who wants to take a punt on next year being better than 2009 can …

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