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New York. Data recovery pro review Lingerie giant Victoria’s Secret, famed for its racy bras and thongs, has pledged to trace the sources of its wood-based fabrics, joining the ranks of fashion companies addressing human rights and deforestation, its parent company said.

In a new policy statement, parent company L Brands said it aimed to eliminate sources of wood pulp, used to make rayon, viscose and modal, that contribute to rainforest destruction or violate the rights of local people.

L Brands is the latest in a growing number of US fashion companies to commit to investigate its supply chain for products from destructive regions and stop using those sources by the end of 2017, according to Rainforest Action Network (RAN).

Data recovery windows 8 Ralph Lauren, whose designs are popular on Hollywood’s red carpets, adopted a similar policy earlier this month.

“Our Forest Products Procurement Policy is written to reduce threats to ancient and endangered forests and to avoid products that contribute to deforestation or human rights abuses,” said L Brands’ policy statement published on its website.

Production of wood pulp can involve clearing forests to build eucalyptus plantations and taking land traditionally used by indigenous communities, campaigners say. Data recovery devices The issue is particularly acute in Indonesia, a major producer of wood pulp.

The Victoria’s Secret catalog features voluptuous models clad in tiny thongs, push-up bras and “cheekini” panties, and its top models who appear in its popular fashion shows are known as its Angels. Moto g data recovery software It is one of several companies owned by L Brands.

Its other well-known brands include Henri Bendel, Pink and Bath & Body Works. Data recovery windows 10 L Brands did not respond to a request for comment. Database youtube RAN said the new policy was posted on the company website late on Wednesday. H2 database console RAN, which helped develop the sourcing policies for L Brands and Ralph Lauren, has been waging an “Out of Fashion” campaign to publicize the impact of forest-based fabrics and call on major US brands to adopt stringent sourcing systems.

“It’s encouraging to see brands beginning to take responsibility for their supply chains,” said Brihannala Morgan, senior forest campaigner with RAN.

“L Brands’ commitments and actions, following right behind Ralph Lauren and among more than 60 other brands who have developed policies, can have a real positive impact for forests and the people that depend on them.” H&M, Zara, Levi Strauss & Co and British fashion designer Stella McCartney have adopted similar policies, RAN said.

Last year Stella McCartney partnered with environmental non-profit Canopy to encourage clothing companies to stop sourcing fabric from ancient and endangered forests.

Thomson Reuters Foundation is the charitable arm of Thomson Reuters, that covers humanitarian news, women’s rights, trafficking, property rights, climate change and resilience. Database browser Reuters

Jakarta. Database help Indonesia’s central bank, keeping a wary eye on United States economic policy under a new president and on inflation at home, held its benchmark interest rate steady on Thursday (19/01).

Taking advantage of low inflation rates, a comfortable current account deficit and a largely stable rupiah, Bank Indonesia (BI) cut its key rate six times in the first 10 months of 2016, by a total of 150 basis points.

But many analysts argue room for more rate cuts has shrunk with rising global uncertainty and more worries that US rate hikes by the Federal Reserve will pull more money out of emerging markets.

“Should BI lower interest rates further as the Fed begins to lift up short-term rates beginning in second quarter 2017, the risk premium may not be enough to retain flows in Indonesia,” said Trinh Nguyen, senior economist of Natixis in Hong Kong.

“This is why we believe the central bank will be vigilant. Database vendors And with growth and inflation accelerating, there isn’t much impetus for BI to ease this year.”

ANZ said it expects BI to keep the policy rate unchanged “for an extended period of time. Database key Even if growth undershoots, whether any monetary easing will take place in 2017 will depend crucially on the actual inflation trajectory.”

Gundy Cahyadi, economist at DBS in Singapore, said he sees a possibility Indonesia will raise rates this year. Data recovery live cd “Risks to inflation are tilted to the upside,” he said. Data recovery clean room “And we continue to see markets underestimating Fed rate hike intentions this year.”

BI on Thursday said it will watch the direction of US fiscal and trade policy under Donald Trump, who will be sworn in as president on Friday.

Indonesia’s 2016 rate cuts have had limited impact as loan growth remained relatively slow compared with its historical trend. Database view Some analysts said recovery in economic growth stalled in the second half of last year.

The Indonesian government plans to remove some subsidies for liquefied petroleum gas and electricity will also add to domestic price pressures.

Consumer prices rose 3.02 percent during 2016, the slowest pace since 2009. Data recovery fort lauderdale This year, BI said inflation rate likely will be at least 4 percent this year.

BI has said GDP growth in the fourth quarter likely slowed to 4.97 percent, bringing full-year 2016 expansion to 5 percent. Data recovery equipment tools This year, it expects growth of 5 percent to 5.4 percent.

Jakarta. Data recovery lab Indonesian airline operator Sriwijaya Air has decided to postpone its initial public offering to May, two months behind schedule, requiring more time to prepare.

The low-cost carrier previously planned to sell 25 percent of its enlarged capital in the IPO to purchase more medium- and long-range jets to expand the company’s overseas operations.

The airline earlier planned to purchase 15 narrow-body jets for domestic routes and two wide-body fleet, which it will use to serve routes to Japan, South Korea, Taiwan and India, Chandra said.

Sriwijaya Air is also in negotiations with state-owned airport operator Angkasa Pura II to establish a maintenance facility in Soekarno-Hatta International Airport.

Chandra Lie founded Sriwijaya Air with his brother Hendry Lie in 2003. Data recovery online Today, the airline is the third largest in Indonesia, holding about a 10th of the domestic air passenger transport market share and carries more than 800,000 passengers per month.

Its rival AirAsia Indonesia, a local unit of Malaysia-based low-cost carrier AirAsia, is weighing a backdoor listing as an alternative to an IPO on the Indonesia Stock Exchange to raise capital from the stock market this year.

Jakarta. Database union Indonesia has adopted a new scheme for future oil and gas production sharing deals so that contractors shoulder the cost of exploration and production, rather than being reimbursed by the government.

Under the shake-up, flagged late last year, contractors will retain a bigger portion of the oil and gas they recover in return for paying more upfront costs.

The shift, designed to ease the burden on Jakarta’s budget, will only apply to new contracts and will not disrupt existing agreements using the current cost-recovery system.

Big global firms such as Chevron, Exxon Mobil and Total operate in Indonesia, but the country has struggled to attract fresh investment and to develop new fields.

Speaking at a press conference late on Wednesday, Energy Minister Ignasius Jonan said the base split for gas production would be 52 percent for the government, with the rest going to a contractor. Data recovery houston For oil output, the government will get 57 percent.

The first contract under the new scheme was signed on Wednesday (18/01) with Pertamina for the Offshore North West Java (ONWJ) block, in which the government gets 37.5 percent of any gas and 42.5 percent of oil.

“This gross split [mechanism] means all expenses would be the responsibility of the contractor, no longer burdening the state budget,” Jonan told reporters.

Pertamina’s chief executive Dwi Soetjipto said the increased split for the ONWJ block would not cover its costs, but that he hoped to retrieve them by “making efforts on efficiency”.

Last year, oil and gas contractors operating in Indonesia asked for more than $11 billion reimbursement for costs, much bigger than the $8.4 billion initially planned.

Indonesia’s crude oil output peaked at around 1.7 million barrels per day in the mid-1990s. 7m database soccer basketball But with few significant oil discoveries in Western Indonesia in the past 10 years, production has fallen to roughly half that as old fields have matured and died.

The industry is a vital part of the Indonesian economy, but its contribution to state revenue has dropped from around 25 percent in 2006 to an expected 3.4 percent this year, according to data compiled by consulting firm PricewaterhouseCoopers.

New York. Create database link Donald Trump’s Indonesian business partner dismissed concerns by ethics officials that the US president-elect’s companies’ overseas business deals might be vulnerable to conflicts of interest in an interview on Wednesday (18/01).

Hary Tanoesoedibjo, 51, is the billionaire chairman and chief executive of MNC Group, which is constructing two luxury resorts in Indonesia that will be managed by the Trump Hotel Collection, a subsidiary of the Trump Organization.

Like Trump, Hary believes his country’s politics could benefit from his business acumen and says he now devotes half his 16-hour days to tending to Perindo, the political party he founded last year, and other political efforts.

“We didn’t add any new project since he decided to run for president so I don’t think there is a conflict of interest,” Hary said in an interview at the Trump International Hotel in Manhattan where he was staying before traveling to Washington for Trump’s inauguration on Friday.

“A conflict of interest happens when if after he won the election and then we decided to add more projects. Database form That’s where we get to a gray area,” he said. Data recovery process “But our project actually has been decided long before that.” He said he signed the deal with Trump in early 2015.

Trump’s unusual path to the White House as a businessman who has never previously held political office and his decision to retain ownership of his companies has drawn him into conflict with ethics watchdogs.

Trump has said the company would not make any new deals abroad while he is president and that his two elder sons, Donald Jr. Database training and Eric, will take over his roles in running the business. Data recovery hardware Hary said he met with the two brothers for two and a half hours on Wednesday morning at Trump Tower to discuss the resorts’ progress, and said Donald Jr. Best database software was expected to return to Indonesia this summer.

MNC is investing between $500 million and $1 billion in the developments, one near Jakarta and the other in Bali. Database gui It is paying the Trump Hotel company to manage luxury hotels, golf courses and country clubs at the two sites. Data recovery technician The properties should be open by early 2019, Hary said.

He demurred on how US-Indonesia relations might change under a Trump administration except to welcome Trump’s willingness to take on the United States’ larger trading partners in pursuit of what he calls better trade deals.

“When the US is pushing too hard against another big country like China or maybe a European country that may create a situation where that country may shift their investment somewhere else,” Hary said, “and potentially to Indonesia.”

He said he would decide before the end of next year whether to run in Indonesia’s 2019 presidential election, while describing Trump’s victory as inspiring to would-be candidates with thin political experience.

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