What is Freeport Indonesia’s Environmental Management Program?
Freeport Indonesia covers all its operation activity aspects PT Freeport Indonesia’s environmental management program covers all aspects of its operation, not just those related to mining. We have a comprehensive waste management system that applies the 3Rs – reuse, recycle, reduce.
What is a freeport and how does it work?
As an off shore mechanism, the freeport is an expansion of the concept of free trade that, despite its name, actually tends to benefit the most privileged investors at the expense of others. This is especially visible in the development of the global economic system in the second half of the twentieth century.
Are freeports the SEZs of luxury goods?
The burgeoning string of freeports around the world is an echo of the SEZs, demonstrating that many countries are expanding their tax-free services not just to manufacturers but to investors in luxury goods.
Should you invest in art in a Freeport?
So the freeport is the perfect place to park your speculative art purchases, because they cannot be traced to you and no government can tax you on these assets. Of course if you want to corner the market on the work of a certain artist and wait for it to escalate in value, the freeport is your best bet.
When was the Freeport created?
This facility was originally created in 1888 to store grain and other agricultural products in transit. The essential aspect of the freeport is “the temporary exemption of taxes for an unlimited quantity of time,” as journalist David Segal has written.
Why should I park my art in a freeport?
But if you are a speculator, all you need is private and secure storage, since you are betting that the work is going to increase in value. So the freeport is the perfect place to park your speculative art purchases, because they cannot be traced to you and no government can tax you on these assets.
How big is the Geneva Freeport?
The Economist has compared the size of the Geneva freeport to twenty-two soccer pitches, and Segal reported that a new 130,000-square-foot warehouse was being built there. In Switzerland, there is another large freeport in Zurich, which is also expanding internationally.
Who owns the freeports in Luxembourg?
The freeports in Luxembourg, Monaco, and Singapore are all held by one company, Natural Le Coultre, owned by Yves Bouvier. This fact came to the attention of the media in 2015, when Bouvier was accused by a Russian oligarch, Dmitry Rybolovlev, of cheating him in the sale of a. Picasso.
Where is the Luxembourg freeport?
A new one was planned (and has since been built) in Beijing, near the airport. The newest freeport opened in Delaware in 2015.
Short Bio of the Instructor
group at NUS. His research focuses on strategies firms use when faced with
Case: Singapore Inc. (2008), HBS Case 9-703-040
Study Questions: 1. What is the economic role of savings and investment? 2. How is productivity growth attained? 3. Do you approve of Singapores new strategy for getting the economy growing? Why? 4. Why has the political oppositions popularity at the polls increased? Is the oppositions growing strength good or bad for Singapore?
Case: Malaysia: People First? (2011), HBS Case 9-710-033
5 fStudy Questions: 1. On p. 6, the case reports investors assertion that markets exert good discipline on the management of the country. As of August 1998, had the market been disciplining Malaysia for its bad economic policies? 2.
Case: American Rice, Inc. in Vietnam (1994), HBS 9-595-020
Study Questions: 1. What are Vietnams reasons for pushing foreign firms in the rice industry into joint ventures with local firms? How is this likely to affect national economic development? 2. Was ARI wise to enter Vietnam through a joint venture? What did each side bring to the table? What does each side get out of the collaboration? 3.
Case: Google in China (A) (2010), HBS 9-510-071
Study Questions: 1 Why did Google issue the statement of January 12? 2 Who were the major stakeholders in the Google vs.
Case: Globalization of East Asian Pop Music (2010), HBS 9-708-479
Study Questions: 1.
Case: Freeport Indonesia (2000), HBS 796-124
Study Questions: 1. What is your evaluation of Freeport Indonesias environmental management? 2. What is your evaluation of Freeports treatment of social and cultural affairs? 3. Is this project, or could this project be, sustainable? How should economic rents be distributed?