Indonesian Political, Business & Finance News

Archive: 27 October 2007

2 articles found

Minister: investors see luxurious goods sales tax as high cost

Jakarta (ANTARA News) - Industry Minister Fahmi Idris said that sales tax on luxury goods (PPnBM) was regarded as a high cost by investors in the automotive and electronic sectors."Sales tax on luxuries is still deemed as high cost for investment in the automative and electronic industries, and...

RI Offers power sector investment opportunity to U.S business delegation

Jakarta (ANTARA News) - The Ministry of Indudstry has offered an opportunity to a United States trade delegation grouped in the US-ASEAN Business Council for Indonesia for investment in the electricity sector."Our energy policy now is building coal-fired power plants.