After years of uncertainty, the central government will clarify the status of the Batam Industrial Development Authority (BIDA) by the end of this year, Riau Islands Governor Ismeth Abdullah says.Ismet said he had sent a letter to President Susilo Bambang Yudhoyono, requesting an acceleration of...

Lawmakers have suggested a rate cut in value-added tax (VAT) in an amendment to the VAT and luxury tax law in the hope of making the country's manufacturing sector more competitive in coping with the impact of the global economic downturn.

The government will soon abolish value-added tax (VAT), luxury tax and import duties on production goods in free trade zones (FTZs) in the Riau Islands province in a bid to stimulate businesses.The provincial administration and the customs and excise directorate general have finalized a draft...

The government will soon abolish value-added tax (VAT), luxury tax and import duties on production goods in free trade zones (FTZs) in the Riau Islands province in a bid to stimulate businesses.The provincial administration and the customs and excise directorate general have finalized a draft...

Batam (ANTARA News) - Some companies from China, Europe and Asia were seeking opportunities of investment in Batam, as a result of batam`s participation in trade expo in Nanning, China."Many companies from many countries are seeking the chance of investment in Batam," Batam Mayor Ahmad...