Indonesian Political, Business & Finance News

Archive: 1 July 2010

4 articles found

Trade with China, Indonesia Loses Rp 19 Tn

VIVAnews - The trade between Indonesia and China from January until May this year is believed as causing Indonesia to book losses. Chief of the Central Statistics Agency (BPS) Rusman Heriawan said the losses reached US$2.11 billion.

Tax Refunds Prone to Manipulation

TEMPO Interactive, Jakarta:Tax restitutions or the refund of overpayment of taxes is one of the tax services susceptible to manipulation. According to chief of Inspection Strategy at the Tax Directorate General, Tunjung Nugroho, the commonly-used modus is submitting a fake proof of overpaid tax.

Indonesia Now on Everyone’s Radar Screen: Consultant

Indonesia is starting to get the attention it deserves and can no longer be ignored by multinational companies seeking growth, according to James Castle, an American business consultant with 30 years experience in the country.

Govt to issue new power rates

Jakarta (ANTARA News) - The government will issue energy and mineral resources decree No 7 of 2010 dated June 30, 2010, on new power rates. Minister of Energy and Mineral Resources Darwin Saleh said in Jakarta on Wednesday that the decree will serve as a legal umbrella in the introduction of an...