Indonesian Political, Business & Finance News

Archive: 23 February 2010

7 articles found

Minister: US to Sign Investment Deals During Obama Indonesia Visit

TEMPO Interactive, Jakarta: Indonesian and US government will sign about six economic cooperation agreements during the visit of President Barack Obama late nexth month, official said on Tuesday (23/2).

Indonesia invites countries to rent land for food production

EXCERPTS:JAKARTA - Following Brazil's trail, Indonesia is encouraging foreign and local investors to lease huge swathes of fertile countryside and help make the country a major food producer. "Feed Indonesia, then feed the world," was the recent call from President Susilo Bambang Yudhoyono after...

Indonesia Court Overturns Carrefour Monopoly Ruling

Of DOW JONES NEWSWIRES JAKARTA (Dow Jones)--An Indonesian court Wednesday overturned a regulatory body finding that the local unit of Carrefour S.A. (CRERY) violated anti-monopoly laws, and reversed the commission's ruling that the retail giant must sell its majority stake in a local retailer.

A targeted approach to tax holidays

One question that constantly confronts Indonesia’s Investment Coordinating Board (BKPM) is whether or how to use fiscal incentives to encourage investment. While a broad array of options are at BKPM’s disposal, such as accelerated depreciation, matching grants and payments in kind, the most...

Tax Office to Prepare 15 International Intelligence Agents

TEMPO Interactive, Jakarta:The Tax Directorate General has prepared 15 international tax intelligence agents who will be placed in several tax haven countries. Tax Director General Mochamad Tjiptardjo said that a tax officer’s job is like an egg farmer’s.

Foreign investors confused over Bank Century case : Australian observer

Jakarta (ANTARA News) - An Australian observer of Indonesian economic affairs, Hal Hill, said foreign investors were confused by the fact that the Bank Century case had become an issue being handled by Indonesia`s House of Representatives (DPR).

CAFTA bearable if SNI enforced : business leader

Semarang, C Java, (ANTARA News) - A business leader said here on Monday that the impact of the China-Asean Free Trade Agreement could be dealt with by the enforcement of Indonesian National Standards (SNI) requirements.