Archive: 19 June 2007
9 articles found
Tue, 19 Jun 2007
Yamaha to Up Motorcycle Output Capacity
Japan's Yamaha Motor Co said Wednesday (13/6/07) it will boost the production capacity of its motorcycle factory in Indonesia by more than 20% by 2008 to meet strong demands.The Japanese motorcycle maker will build an additional line at its existing No 2 plant on the outskirts of Jakarta, a Yamaha...
Tue, 19 Jun 2007
Royal Doulton to Invest $25m
Royal Doulton, with an existing investment of $75 million in the country’s ceramic industry, plans to invest a further $25 million, Antara reported.Anthony O`Reilly, the British company’s chairman, said June 9 that with the additional investment, the company would raise its ceramic wares...
Tue, 19 Jun 2007
Incentives for Investment Unveiled
The government aims to boost investment in the country by slashing the approval time for new investments, offering tax incentives, and creating other measures to smooth the path for entrepreneurs, Coordinating Minister for the Economy Boediono said Tuesday (12/6/07).
Tue, 19 Jun 2007
New Reforms Include Tax Incentives
The government introduced a new package of economic reforms on Tuesday (12/6/07) as part of its long-running program, offering faster approvals for investments, tax incentives for listed companies, accelerated depreciation and exemptions or reductions in land and building taxes.
Tue, 19 Jun 2007
Indonesia CPO production set to hit 17 mln tons
The Indonesian government has projected crude palm oil (CPO) production to increase by 7.8 percent to 17.44 million tons this year from 2006.CPO production will pick up during the harvest period from July to December, Industry Minister Fahmi Idris said in a hearing with legislators here on Monday.
Tue, 19 Jun 2007
Local workers expected to absorb knowledge, skills of expats
Jambi (ANTARA News)- The business companies in Jambi were suggested to use expetriates to train the local workers in accordance with their skills, a spokesman said.Local workers should learn or observe the knowledge and skills of expatriates employed by Indonesian companies, so that the companies...
Tue, 19 Jun 2007
Export Duty to be Utilized for CPO Subsidy
TEMPO Interactive, Jakarta:The proceeds from increasing export duty on crude palm oil (CPU) products and by-products being raised to between 6.5 and 10 percent must be given back in the form of subsidies for cooking oil processing factory.
Tue, 19 Jun 2007
11 provinces waiting in line for SEZs: Minister
Eleven provincial governments have proposed the establishment of special economic zones (SEZ) in their respective areas, but the government says they will have to meet the "tough" criteria set by a government-sanctioned team.
Tue, 19 Jun 2007
GPEI asks govt to exempt exporters from warehouse fees
GPEI asks govt to exempt exporters from warehouse feesJAKARTA(Antara): The Indonesian Exporters Association (GPEI) is urging the government to free goods intended for export from warehouse fees so that exporters do not need to send their goods to seaports on the day of their shipment, a spokesman...