Indonesian Political, Business & Finance News

Archive: 12 June 2010

4 articles found

Indonesia Records Highest PC Growth Worldwide

VIVAnews - The growth in computer distribution to Indonesia has increased in a considerable pace. "Indonesia records the fastest growth in PC market worldwide in the 2010 fiscal year," said Microsoft Office Indonesia Group Head, Bonnie Mamanua, today. According to Bonnie, quoting data from the IDC, PC distribution in the 2010 fiscal year augmented by 62 percent. Moreover, Indonesia is now listed as the largest consumer notebook market in Asia and Pacific.

Customs Regulations Obstruct Free Market

TEMPO Interactive, Jakarta:The Chairman of the Jakarta Branch of Indonesian Chamber of Commerce and Industry, Edy Kuntadi, said that some customs regulations obstruct free trade implementation. For example, import products letter of origins must be submitted at a maximum of three days after shipping. “This surpasses the time limit for products that are supposed to be free of import duty get charged,” he said yesterday.

Govt considering tax holiday to boost investment

Jakarta (ANTARA News) - The government is considering to give a tax holiday to lure investors, a minister said.

World Bank provides PLN with us$750 million

Jakarta (ANTARA News) - The World Bank has approved a new investment of US$750 million for Indonesia to help increase the government`s and state power company PLN`s programs in the manpower and training sector, and regional administration investment programs.