Indonesian Political, Business & Finance News

Archive: 6 February 2009

4 articles found

A Bio-fuel Plant to be Built in Surakarta

TEMPO Interactive, Surakarta:The Technical Faculty of March Eleventh University (UNS) in Surakarta, collaborating with the Research and Technology's Science, Research and Technology Development Agency, will build a bio-fuel (BBN) processing plant in the region.

Palm Oil Poised to Gain On Talk of Slower Output

Palm oil futures headed for the first weekly gain in a month on speculation production may be slowing even as demand is sustained during the global recession.The price may be “well supported” at about 1,800 ringgit ($498) a ton on signs of lower output, Penny Yaw, an analyst at Citigroup Inc.

New Tax Law Will Mean More Disputes: Lawyers

The Finance Ministry’s tax directorate may face a soaring number of tax disputes in 2009 as the number of taxpayers grows rapidly from the last financial year and a new tax law is imposed, the Tax Lawyers Association warned on Thursday.

Biofuel euphoria ends in vain

In a two-day seminar that kicked off on Wednesday, experts voiced concern over the government’s failure in turning the “euphoria” of the potential of biofuel development into concrete and fruitful action.