now that fiskal is gone for tax number holders, i foresee many more foreigners making a weekly trip to singapore ...

I can give you a very long list of people! To days Tip ... buy in the duty free shop and don't worry about luxury goods tax

oh, but you are wrong! you *can* get alcohol into the country! the problem is that consumers are not willing to pay the price. and at 300% -- actually, i thought it was 350% -- who would want to pay?

Where do articles like this come from? You can't even get alcohol in to the country at the moment so what does it matter what the tax on it is!

TEMPO Interactive, Jakarta:Hotel and restaurant businessmen have called on the government to immediately reduce the luxury goods tax on liquor. “The current tax, which is 300 percent, is too high, so liquor is very costly,” said Indonesian Hotel and Restaurant executive-director, Carla...

TEMPO Interactive, Jakarta:Crude palm oil production this year is predicted to rise to 20,2 million tons compared to 18,8 million tons in 2008. However, according to Indonesian Crude Palm Oil Businessmen Association chairman, Derom Bangun, this year’s increase in production was a result of trees...

TEMPO Interactive, Denpasar: The Bali Provincial Government has been asked to immediately suggest it be granted the status of a special economy zone.“The status will make development in Bali easier, especially in attracting investment,” said Dradjad Wibowo, member of commission XI at the House...

Aditya Suharmoko, The Jakarta Post, Jakarta Despite the global economic downturn, the estimated realized direct investment in Indonesia may still reach double-digits this year spurred by incentives and the stimulus packages designed by the government, the Investment Coordinating Board (BKPM) says.

The Jakarta Post, Jakarta Business groupings voiced Monday their opposition to the newly issued import regulations by the Trade Ministry that have made imports of goods consumed by expatriates and rich Indonesians more difficult.

Bank Indonesia’s Consumer Confidence Index fell in December after rising for five consecutive months, indicating that Indonesians are finally waking up to a less-than-rosy picture of the economy.“Based on a survey conducted in December 2008, the Consumer Confidence Index remained in pessimistic...