Archive: 29 January 2010
6 articles found
Fri, 29 Jan 2010
FACTBOX-Policy making and the political system in Indonesia
Jan 28 (Reuters) - Institutional reforms by Indonesian President Susilo Bambang Yudhoyono in his second term are seen as critical to spurring investment in Southeast Asia's largest economy. Here are some facts about the political system and policy making in Indonesia:PARLIAMENT AND PRESIDENTThe...
Fri, 29 Jan 2010
Officials Name The 100 Worst Tax-Dodgers
Indonesia’s 100 worst tax-dodgers, including a slew of state-owned enterprises and some well-known private and listed companies, owe the state nearly $1.9 billion in back taxes, the Finance Ministry revealed on Thursday.“As of December 2009, the 100 top tax-dodgers [owed] Rp 17.
Fri, 29 Jan 2010
Government Seeks to Develop Value-Added Sectors
The government is drafting incentives meant to develop value-added industries that process agricultural products, Industry Minister MS Hidayat said on Thursday.“I have already informed the Ministry of Finance, and they have agreed to fiscal incentives for companies processing raw...
Fri, 29 Jan 2010
Indonesia’s Electricity Woes Will Be History By Year’s End, SBY Promises
President Susilo Bambang Yudhoyono has promised that Indonesia’s power crisis will end this year. Yudhoyono said on Thursday that he had released a presidential decree and supporting regulations to ensure his promise will be kept.
Fri, 29 Jan 2010
Indonesia May Be Ready To Join BRICs, Fund Says
Indonesia looks increasingly like a worthy member of the economically enviable “BRIC” group of nations, following this week’s upgrade of its sovereign debt and a nod of recognition from influential global asset manager Templeton Asset ManagementAfter boasting Asia’s second-best performing...
Fri, 29 Jan 2010
Govt hopes for big expansion of small private power plants
It is hoped that private companies backed by private investors may be able to start to build up to150 new power plants to provide up to 1,000 megawatts (MW) of electricity nationwide, to help cope with the frequent blackouts in the country.