Tag Archives: Singapore

The Natural Resources that Drive Investments in Indonesia

An American businessman based in Singapore, Harvey Goldstein is committed to advancing business interests and stimulating investment in countries throughout the Asia-Pacific region. Due to his role in the region’s business community, Harvey Goldstein has also served as the president and governor of the American Chamber of Commerce (AmCham) in Indonesia.

AmCham Indonesia offers a wide range of information on its website to explain why the country is a favorable location for foreign direct investment (FDI), including an explanation of the country’s natural resources. According to AmCham Indonesia, the country is a leading exporter of liquid natural gas and the world’s top exporter of thermal coal. Its coal is known for its high calorific value and low sulfur content, as well as its close proximity to the surface of the earth, which enables easier and more cost-effective extraction.

As a result of its location on the Asia-Pacific Ring of Fire, the country also has control over significant renewable energy sources, and it holds more than 40 percent of the globe’s confirmed geothermal energy reserves.

Along with its capacity in the energy sector, the country harbors deposits of precious metals, such as gold and copper. These mineral resources are similarly located near the earth’s surface because of the country’s unique topography. On its website, AmCham Indonesia further notes that the country’s fertile soil and tropical climate are highly conducive to cultivating agricultural commodities like cocoa and coffee.

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Facts about Singapore

Harvey Goldstein serves as the chairman of Harvest International, Inc., and managing director of Business-Link Consultancy PTE LTD. Harvey Goldstein also worked in Indonesia for Resources Management International, Inc., which serves Southeast Asia by providing training in technology and management to its developing countries. Harvey Goldstein’s current home base, Singapore, has developed a reputation as a major business hub, having evolved throughout the years into its current thriving state.

Singapore is a republic based on the Westminster system of parliamentary government. With a population of over 5 million, the island embraces approximately 3,000 businesses near the mouth of the Strait of Malacca, since it’s the shortest commute between the South China Sea and Indian Ocean. Singapore’s primary languages are English, Malay, Mandarin, and Tamil. Trade from the British Empire played a major role in the development of the economy that brought thousands of Chinese, who now make up 77 percent of the population, to the sovereign city-state. Furthermore, Singapore’s gross domestic product index of 370,064.5 stands as a testament to the country’s economic stability.

Singapore is the most used container port in the world with numerous healthy business sectors. The country produces large amounts of electronics, oil drilling tools, and petroleum refining equipment. The main agricultural products include rubber, fruit, poultry, and orchids. Furthermore, it regularly exports machinery and equipment, in addition to mineral fuels, consumer goods, and chemicals.