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. Indonesia may start introducing the tax refund scheme as soon as 2010 as the bill on value-added tax and luxury tax is expected to be endorsed this year. "We have approved the tax refund (scheme).

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. Panggah Susanto, director for land and military transportation, said Tuesday that each of the three national car owners would require more than $30 million to build an assembly plant, with a production capacity of 5,000 to 10,000 units per annum.

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. "The company's total investment in cattle farms will be three times larger than its first investment in 1975," he added. The company will also invest in the raw milk processing industry, Voght said.