TEMPO Interactive, Jakarta: The government has issued the President Regulations No. 76/2007 and No. 77/2007 on closed and open business with conditions.Boediono, Coordinating Minister for the Economy, said the regulations provide businesspeople clarity about investing in Indonesia.

I would be interested to know the tax generated by local companies and the tax revenue generated by foreign companies

I know SBY has a difficult job to do but the fact that one part of the government is aggressively seeking foreign investment while another part is trying to choke it goes to show how weak his leadership is at the moment.

 Originally Posted By: riccardoHow can we shoot ourselves in the foot today? i suspect we are going to be hearing this expression an awful lot over the next weeks/months.

Every parliament or cabinet meeting must start with: How can we shoot ourselves in the foot today?Usually answered with some new rent-seeking policy. And they've done it again.

Government should not upset over lower tax receiptsMedan (ANTARA News) - The government must not go "berserk" in responding to its decreased income from taxes because the decline is a consequence of the lingering economic crisis and the wretched mentality of its tax collecting personnel, an...

Jakarta (ANTARA News) - The government has decided that 19 lines of business are open to investment only in certain locations on the basis of regional administration regulations."This decision is not retroactively applicable, and applied to existing companies and to those whose operating license is...

Jakarta (ANTARA News) - The government has declared 43 lines of business of micro, small and medium entrepreneurs under presidential regulation No 77/2007 closed and open with certain requirements."In addition to lines of business for micro, small and medium intrepreneurs, there is a part of the...

JAKARTA(AP): Indonesia has set limits on the foreignownership of companies in several sectors it says are key to national security, including cellular and fixed line telecommunications firms, the country's trade minister said Wednesday.

The government has issued its latest so-called negative investment list, which sets out a more comprehensive description of which business sectors are closed to foreign investors.The new list, required under the recently enacted Investment Law, governs a total of 338 business sectors, of which...

Published: July 4 2007 17:42 | Last updated: July 4 2007 17:42Indonesia on Wednesday announced a 49 per cent foreign ownership cap on companies in sectors such as multimedia, ports, airports, and education.