Archive: 20 January 2011
1 article found
Thu, 20 Jan 2011
Industry Warns New Tax May Worsen Prices Spiral in Indonesia
A government policy to impose import duties on raw materials may push fertilizer prices up and consequently food prices as well, an industry executive warned on Wednesday.On Dec. 22 the Finance Ministry began imposing an average 5 percent import duty on capital goods, where previously there was...