New Tax Laws will Impose Tax Penalties of Up to 100% on Those Who Fail to Have an Official Tax Registration Number (NPWP).(9/29/2008) The National News Agency Antara warns that the government is preparing in 2009 to impose tax penalties ranging from 20% to 100% on individuals and corporations found...

The Indonesian government plans to build five “world class” hospitals catering for rich citizens who spend ­hundreds of millions of ­dollars every year on treatment overseas.Officials say profits from the new facilities will be used to improve healthcare for the tens of millions of...

29th September 2008, 13:45 WSTTin and nickel company Stonehenge Metals has abandoned plans to acquire an 85 per cent stake in an Indonesian nickel project, deciding competing claims to the project represented an unacceptable risk to shareholders.

Monday 29th September, 2008 (IANS)Jakarta, Sep 29 (Xinhua) Indonesia's manpower and transmigration ministry has accused American energy giant ExxonMobil of illegally employing expatriates through its subsidiary Mobile Cepu Ltd (MCL) at its oil and gas fields in East Java province, media reports...

Alfian , The Jakarta Post , Jakarta | Sat, 09/27/2008 12:01 PM | BusinessThe government has issued a regulation mandating the use of biofuel by manufacturers, commercial business, fuel retailers and power plant operators.

BPMigas, the country's upstream oil and gas regulator, says it is working on ways to boost the role of local supporting companies -- both in the form of service and non-service orders -- in oil and gas projects.

Publicly listed PT Inco, a local unit of Canada-based mining giant Vale Inco is likely to have a hard time ahead as South East Sulawesi governor Nur Alam has threatened to annul the company's operating license, following a series of alleged violations.

Jakarta (ANTARA News) - North Sumatra earned US$ 128.32 million by exporting 38,233 tons of coffee seeds and instant coffee until August 2008, an official said here Friday."Arabica coffee still contributed the most or f US$ 116.

Mataram, West Nusa Tenggara (NTB) Province (ANTARA News) - Vice President Jusuf Kalla has said that he would help accelerate the construction of Lombok International Airport (BIL) to be located at Tanak Awu, Pujut sub district, Central Lombok district.