Archive: 4 September 2009
3 articles found
Fri, 04 Sep 2009
Govt. to introduce tax refunds for foreign tourists
The government plans to introduce a "tax refund" scheme for foreign tourists shopping in the country as early as next year under an amendment to an existing law on value-added tax and luxury tax, legislators at the House of Representatives said, The Jakarta Post reported.
Fri, 04 Sep 2009
National car makers may need $100M investment
Manufacturers of three new national car prototypes might need a combined investment of $100 million to launch assembly plants to mass produce three new vehicles - the Tawon, Gea and Arina, the Industry Ministry forecast, The Jakarta Post reported.
Fri, 04 Sep 2009
Nestle to invest $100M in E. Java
PT Nestle Indonesia said it plans to increase its investment in dairy cattle farms in Indonesia in 2010, Asia Pulse reported.The company will invest $100 million to expand its dairy cattle farms in cooperation with local farmers in East Java, company president Peter Voght said.