Indonesian Political, Business & Finance News

Archive: 19 October 2009

3 articles found

Remittances from Saudi Arabia to Indonesian Workers Soaring

Riyadh. Remittances from Saudi Arabia’s estimated nine million foreign workers, including up to one million Indonesians, are rising as the kingdom recruits for its massive development plan, an economist said.Saudi Arabia said this year it wanted to recruit more skilled Indonesian workers. At $18.

Gita to take care of investment flows

Security firm Ancora Capital owner Gita Wirjawan says he is to take care of foreign and domestic investment to help alleviate poverty and unemployment in Indonesia."I have been given a mandate to manage matters related to capital inflows from overseas and investment in Indonesia," he said...

New tax law threatens sales, car sellers say

The newly passed law authorizing city and regional administrations to set vehicle tax rates on a progressive basis will cause car sales to drop in 2010, representatives of Daihatsu and Isuzu, both grouped under Astra International, said over the weekend.