Indonesian Political, Business & Finance News

Archive: 13 May 2009

6 articles found

Chief Justice urges overhaul of tax tribunal

With biased presiding judges and structurally outside the judicial system, the tax tribunal has become the subject of controversy, and this needs to be immediately resolved, chief justice Harifin Tumpa says.

Carrefour Combats KPPU Allegations

indeed, it is a complete abuse of the intent of the antimonopoly law. it's a clear attempt to intimidate a successful business, and only because it is foreign owned.this whole murky process sends a very negative signal to companies wanting to invest into indonesia.

Carrefour Combats KPPU Allegations

so does this mean that we will look to fine any company who has built their success on providing a better cheaper service?

Carrefour Combats KPPU Allegations

French retailer Carrefour on Tuesday said that it would reject the Business Competition Supervisory Commission’s (KPPU) demand that it change its business practices, challenging the KPPU’s ongoing probe into the company’s alleged monopolistic behavior.

Astra International to expand mining business

Jakarta (ANTARA News) - PT Astra International (ASII) plans to expand further its business in the mining sector because of its good prospects and potential to generate profits in the long term.The company`s chief corporate communication, Arief Istanto, said PT ASII through its subsidiary PT United...

SBY: Don’t Expect Miracles

Despite recent signs of recovery, no one should expect too much from the economy this year, President Susilo Bambang Yudhoyono warned on Wednesday.Some pundits are predicting an impending bottom to the global recession, and with the governments’ fiscal stimulus package taking effect, market...