State-owned PT Pelabuhan Indonesia (Pelindo) II announced Monday it raised container handling fees at Tanjung Priok port to offset rising prices and to fund infrastructure upgrades.The increase in the fees is between 18 and 21 percent.

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Steel imports reached a record high during the first seven months of the year due to limited production capacity and soaring demand driven by government-sponsored infrastructure projects.

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The number of foreigners visiting Bali rose again in July, although more were having shorter stays, Bali's Central Statistics Agency reported Tuesday.The number of foreign visitors rose by 7.02 percent to 183,325 in July compared to 171,301 in June, agency chief Ida Komang Wisnu said.

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The House of Representatives on Tuesday enacted a much-awaited amendment to the income tax law aimed at spurring economic activities by providing lower rates and more incentives to businesses.

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Cyrillus Harinowo , Jakarta In the coming weeks, most corporate businesses will start preparing their budgets. Some with more extensive operations and networks have in fact started the drafting process directly after the President's Aug. 16 speech before Parliament.

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Kee Beom Kim , JakartaIndonesia's labor market today is remarkably different than it was 63 years ago when it gained independence.

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