Indonesian Political, Business & Finance News

Archive: 12 May 2010

7 articles found

Indonesia's Entertainment Tax World's Highest

VIVAnews - The government is viewed by many as having too much ambition in increasing the income of the provincial governments by rising taxes. Entertainment tax, which is expected to go up by 75 percent, is seen by many as an effort to bring down tourism.

Indonesian businesses ask for delaying FTA with India

JAKARTA, May 12 (Xinhua) -- Indonesia's business associations asked the government to delay the implementation of ASEAN-India Free Trade Agreement (AIFTA) in the country scheduled to take in to effect on June 1 this year due to various reasons, local media reported on Wednesday.

Indonesia develops production of plantation-based lubricants

I think there's a JC marketing opportunity here: branded tubes of lube sawit

Bakrie Invests $100m for Broadband Launch

PT Bakrie Telecom is spending $100 million this year to fund its entry into the wireless broadband market through newly established subsidiary PT Bakrie Connectivity, an executive at the parent company said on Tuesday.

Investors to Get $3b Project Guarantee

State-owned PT Penjaminan Infrastructure Indonesia, which protects infrastructure investors against losses caused by bad policy, can guarantee up to Rp 26 trillion ($2.9 billion) of projects after it secured $500 million of support from the World Bank on Tuesday.

Yudhoyono Demand a Five Year Financial Plan Before Sri Mulyani Leaves

TEMPO Interactive, Jakarta: President Susilo bambang yudhoyono has ordered the outgoing Finance Minister Sri Mulyani to prepare a precise financial and budget plans for the next four years until 2014, that will facilitate sustainable taxation reform, government programs, and debt management until...

Indonesia develops production of plantation-based lubricants

JAKARTA, May 11 (Xinhua) -- The Indonesian government agencies have started researches to produce lubricant that uses oils processed from palms and castor in a bid to reduce dependence to fossil-based resources and address the environmental issue,local media reported Tuesday.