Indonesian Political, Business & Finance News

Archive: 2 December 2008

6 articles found

More Workers Sacked in Central Java

You know this unemployment issue is already a big thing here in Jakarta with companies laying people off every day here. I would hope that most JC'ers know that Idul Adha is on this coming Monday so it would help if you dig in your pocket and scrap a few IDR together and buy a goat, buffalo or cow...

Tourism Up on Thai Unrest

Foreign tourist arrivals in Indonesia rose 21 percent in October from a year ago, according to data released on Monday, as security fears in Thailand prompted some vacationers to switch to Indonesia instead.The number of foreign tourists for the first 10 months rose 13 percent to 5.

Tax Office Expects 2 Million New Taxpayers

The Finance Ministry is expecting to register an additional two million taxpayers this year, courtesy of a “sunset policy” campaign that is part of an intensified effort to encourage more people to pay taxes .

Seeds producer expects 40 percent sales growth next year

PT BISI International, the country's top producer of hybrid seeds for corn, rice, vegetables and fruit, forecasts a 40 percent growth in sales next year but has decided nonetheless to adopt a prudent liquidity position by postponing an expansion plan.

Ministry proposes Rp 6.8t tax cuts for key sectors

Mustaqim Adamrah, The Jakarta Post, Jakarta The Industry Ministry is proposing the removal of value-added tax (VAT) totaling Rp 6.8 trillion (US$561.98 million) to help keep labor-incentive sectors afloat, an official says.

More Workers Sacked in Central Java

TEMPO Interactive, Semarang:Several companies in Central Java have been dismissing workers since September due to the world financial crisis and this will continue.“Businesses cannot do anything in facing the global crisis. The export market is bad.