yes, when all coal mining ops are owned by Bakrie, then the tax gets scrapped, funny that.....

Following a protracted debate over the various duties on coal, the government says it will scrap the value-added tax (VAT) on the commodity.The Finance Ministry's director general for taxation, Darmin Nasution, said in the latest proposed amendment of the VAT law coal would be excluded from the...

President Susilo Bambang Yudhoyono opened the annual Trade Expo Indonesia at The Kemayoran fair grounds here Tuesday amid fears of a weakening global economy that could dampen international demand for the country's commodities.

TEMPO Interactive, Jakarta: The government will launch the worldwide interoperability for microwave access (Wi-Max) technology, the Indonesian version. The research and development of this technology has started and it is expected that the prototype will be launched in late 2009.

Medan (ANTARA News) - The Association of Indonesian Oilpalm Farmers (Apkasindo) says the government had been lax in keeping abreast of foreign control over oil-palm plantations in the country.Apaskindo Secretary General Asmar Arsjad said here on Tuesday the government had been off-guard with regard...

Jakarta (ANTARA News) - Iceland is seeking opportunities to invest in geothermal development in Indonesia, an Indonesian official said."They are offering cooperation to develop geothermal-based energy projects," Industry Minister Fahmi Idris said after accompanying President Susilo Bambang...

Medan, N Sumatra (ANTARA News) - Global crude palm oil prices are expected to hit a 23-year record of US$900 per ton following a rise in global oil prices, an industry spokesman said."CPO prices in Rotterdam rose to US$885 per ton this week from US$865 per ton a week earlier due to a rise in global...