Indonesian Political, Business & Finance News

Archive: 1 August 2008

4 articles found

Astra posts hefty growth on robust auto, CPO sales

PT Astra International, the country's largest publicly traded company, posted hefty growth in the first semester of the year due to higher automotive sales and strong performance of its agribusiness.Astra's revenue increased by 46 percent to Rp 46.27 trillion (US$5.06 billion) from Rp 31.

Tax and NPWP

Thu, 07/31/2008 10:23 AM | Reader's ForumI refer to The Jakarta Post's report of July 22 titled "Errant taxpayers to face fines, jail".The report says that the tax office will impose fines and prison sentences upon those who fail to apply for tax identification numbers (NPWP) by the end...

Half of oil, gas blocks offered fail to attract investment

Half of the 21 oil and gas blocks offered by the government last year failed to attract investors due primarily to inaccurate data, unfavorable locations and a lack of technology available to tap the resources, an official says.

Sampoerna Agro cashes in on CPO boom

Agribusiness giant PT Sampoerna Agro saw a 176 percent increase in sales in the first semester from a year earlier, thanks to a huge increase in prices and sale volume of crude palm oil (CPO), an executive said Wednesday.The publicly listed company gained Rp 1.