Indonesian Political, Business & Finance News

Archive: 11 October 2010

5 articles found

Entrepreneurs Ask Government for Tax Break

Jakarta. In order to boost the competitiveness of small and medium enterprises, the Indonesian Young Entrepreneurs Association has urged the government to waive the value-added tax for many SMEs with turnover up to Rp 2.5 billion ($280,000) annually.

Bangka Barat district to develop three tourism objects

Muntok, Babel (ANTARA News) - Bangka Barat district administration in Bangka-Belitung (Babel) province is currently developing three tourism objects in the area."With their appealing natural beauty, the three tourism objects namely Batu Rakit Beach, Menumbing rest house, and Dendang Hot Spring...

CPO-based industry wishes to expand European market

Jakarta (ANTARA News) - PT Megasurya, a CPO-based consumer goods industry, planned to expand the market in the European Union with an export growth of 30 percent.It made the pan following the obtainment of a Roundtable Sustainable Palm Oil (RSPO) certificate in July this year.

Vietnamese firm to invest in RI fishery sector

Hanoi (ANTARA News) - A Vietnamese company is conducting a feasibility study as part of efforts to invest in the fishery sector in the Indonesian province of Riau Islands, an envoy said."The company has contacted BKPM (Investment Coordinating Board) as part of its intention to invest in the...

India signs FTA with Indonesia

India has implemented a free trade pact with Indonesia that slashes import duties on thousands of products, like seafood, chemicals and apparel. This takes the FTA with the 10-nation Asean bloc a step further. In turn, Indonesia would also slash import duties on Indian goods.