Stories that are tagged 'Indonesia'

	Indonesia Imposes Export Tax, Restrictions On Mineral Ore Exports 5/7/2012 The Indonesian government is to place a tax on the export of certain raw minerals, as well as banning their export by mining companies that have not agreed plans for local processing in the country.
	Indonesia Promises Tax Threshold Increase 5/2/2012 Despite the government’s failure earlier this year to reduce fuel subsidies, and thereby restrict Indonesia’s fiscal deficit, President Susilo Bambang Yudhoyono has announced that the country’s individual income tax threshold will be increased.
	US Issues Annual IPR Country Report 5/3/2012 The Office of the United States Trade Representative has released its annual ‘Special 301 Report’ on the perceived adequacy and effectiveness of US trading partners’ protection and enforcement of intellectual property rights (IPR).
	ASEAN, EU Confirm Importance Of FTA Talks 5/2/2012 When the foreign ministers of the Association of Southeast Asian Nations and European Union held a meeting in Brunei on April 27, emphasis was laid on the on-going negotiation of free trade agreements between the two regions.
	ASEAN Enhances Patent Cooperation Programme 5/2/2012 As announced by the Association of Southeast Asian Nations Intellectual Property Offices, their Patent Examination Co-operation (ASPEC) programme has now been enhanced, after a regular review at a working group meeting in Bangkok in November last year.
	Hong Kong, Indonesia DTA Comes Into Force 4/17/2012 It has been announced that the agreement for the avoidance of double taxation, signed between Hong Kong and Indonesia on March 23, 2010, came into force on March 28 this year, after the completion of ratification procedures on both sides.
	Results Of Annual US Review Of Telecommunications Trade Agreements 4/10/2012 United States Trade Representative Ron Kirk has announced the results of the 2012 annual review of the operation and effectiveness of telecommunications trade agreements under Section 1377 of the Omnibus Trade and Competitiveness Act of 1988.
	ASEAN Comprehensive Investment Agreement Enters Into Force 4/9/2012 At the recent 20th Association of Southeast Asian Nations Summit in Phnom Penh, Cambodia, its leaders welcomed the entry into force of the ASEAN Comprehensive Investment Agreement.
	EFTA, Indonesia Hold FTA Negotiations 4/6/2012 The fourth round of negotiations towards a 'Comprehensive Economic Partnership Agreement' between the European Free Trade Association states and Indonesia concluded on March 29, 2012.
	APEC Focuses On Trade And Investment 4/6/2012 The Asia-Pacific Economic Cooperation is moving ahead with cooperative efforts to evaluate and identify initiatives to support freer, faster and more beneficial trade in the region that will lead ultimately, it is hoped, to a Free Trade Area of the Asia Pacific.
	ASEAN Reaffirms Commitment To AEC By 2015 4/4/2012 In Phnom Penh, on April 3-4 2012, at the 20th Association of Southeast Asian Nations Summit, its member states acknowledged the significance of the progress that has been made in the implementation of the roadmap towards an ASEAN Economic Community by 2015.
	Thai Stock Exchange Calls For CGT Relief 3/20/2012 The President of the Stock Exchange of Thailand, Charamporn Jotikasthira, has disclosed that he will request that the Ministry of Finance exempt investments made through the intra-Association of Southeast Nations trading platform from capital gains tax.
	Indonesia Mulls Tax Breaks For 'Green' Car Makers 3/6/2012 Indonesia’s Minister of Finance, Agus D.W. Martowardojo, has disclosed that his ministry is looking at the granting of tax incentives to encourage the production of environmentally-friendly vehicles in the country.
	ASEAN Economic Community On Track For 2015 2/29/2012 The Association of Southeast Asian Nations economic ministers, at the conclusion of their meeting in Myanmar, noted the developments in the implementation of various initiatives aimed at establishing the ASEAN Economic Community in 2015.
	APEC Business Leaders Push Asia-Pac FTA 2/29/2012 The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on taking further steps towards realizing the goal of an integrated Asia Pacific economy, and on liberalizing and facilitating trade and investment, leading ultimately to a Free Trade Area of the Asia Pacific.
	Indonesia Targets Lower Deficit 2/8/2012 It can be expected that power prices will increase in Indonesia by around 10% in April this year, following a proposal for a reduction in subsidies by the government to contain its fiscal deficit.
	Indonesia, Pakistan Sign Expanded Trade Deal 2/6/2012 In an effort to increase economic cooperation between the two countries, and as a possible forerunner to a full bilateral free trade agreement, Indonesia and Pakistan signed a preferential trade agreement on February 3 in Jakarta.
	Australia Welcomes Indonesia Into Regional FTA 1/13/2012 Australia's Trade Minister Craig Emerson has welcomed the entry into force in Indonesia of the ASEAN-Australia-New Zealand Free Trade Agreement, hailing it a milestone in the relationship between the two countries.
	Indonesia Ratifies ASEAN's FTA With Australia-NZ 1/11/2012 The ASEAN group's Free Trade Agreement with Australia and New Zealand fully came into force for all nations on January 10, 2012, with Indonesia the last party to ratify the agreement.
	Indonesia Extends Tax Incentives 1/10/2012 The Indonesian government has issued a revised regulation that will increase the number of sectors which will be eligible for tax allowances, particularly those in under-invested downstream industries that would reduce the country’s imports of finished goods.
	Singapore Tops Asia-Pac 'Good Governance' Index 12/14/2011 Vriens and Partners, an Asia-focused corporate advisory firm, has issued its 2011 ‘Good Governance for International Business’ index of 19 economies in the Asia-Pacific region, in which Singapore has edged out Hong Kong for the number one position.
	Indonesia Increases Cigarette Taxes 11/28/2011 With effect from January 1, 2012, the Indonesian government has decided to increase the excise tax on cigarettes next year by an overall 15%, with the intention, it was said, both to discourage smoking and to increase tax revenue.
	China Pushes For Faster Asian Trade Liberalization 11/22/2011 China’s Premier Wen Jiabao, in his speech to the 14th Association of Southeast Asian Nations Plus Three Summit in Bali on November 18, 2011, proposed that the participating countries should look to accelerate and deepen regional trade liberalisation and facilitation.
	APEC Approves Cross-Border Privacy Rules 11/18/2011 The Asia-Pacific Economic Cooperation group has approved a new initiative to harmonize cross-border data privacy protection, which is designed to enhance the protection of consumer data that moves between its members, including the United States, at a time when more consumer information is moving across national borders.
	G-20 Nations Failing To Honour Protectionism Pledges 10/27/2011 Disappointingly weak growth in some G-20 members is testing the political resolve of many governments to resist trade protectionism, says a new report from the World Trade Organization, the United Nations and the Organisation for Economic Cooperation and Development, which examines trade and investment measures implemented in the third quarter of 2011.
	Canada Expands Its Asian Trade Framework 10/10/2011 Canada has signed a series of key trade-related deals with Asian countries, designed to increase trade and investment ties with the region.
	Indonesia, India To Start CECA Negotiations 10/10/2011 At a two-day bilateral ministerial forum, the Indonesian and Indian delegations, led by Trade Minister Mari Elka Pangestu and Commerce and Industry Minister Anand Sharma respectively, have agreed to proceed with negotiations on a Comprehensive Economic Cooperation Agreement between the two countries.
	EU-Singapore Trade Pact In The Offing 9/8/2011 Following his meeting with Singapore's Prime Minister Lee Hsien Long, the President of the European Commission, Jose Manuel Barroso (pictured) said that a comprehensive Free Trade Agreement between the EU and Singapore will likely be finalized 'very soon'.
	Indonesia To Lure Major Investors With Tax Holidays 8/17/2011 Indonesia’s Minister of Finance, Agus Martowardojo, has announced that long-awaited regulations will be issued to introduce tax holidays, as well as revise the country’s tax allowances, for new direct investments in selected industries.
	Asian FDI Reached Records Last Year 8/1/2011 The United Nations Conference on Trade and Development, in its World Investment Report 2011, points out that, while global foreign direct investment has not yet bounced back to pre-crisis levels, some regions, and particularly Asia, show a better recovery than others.
	Indonesia, Bermuda Sign TIEA 6/28/2011 Bermuda’s Premier Paula Cox and the Indonesian Ambassador for the UK and Northern Ireland, Yuri Octavian Thamrin, have signed a bilateral tax information exchange agreement in Indonesia’s London Embassy.
	Isle Of Man Signs TIEAs 6/27/2011 The Isle of Man government has announced the signing of two Tax Information Exchange Agreements with Japan and Indonesia.
	EFTA Unveils Progress On FTAs 6/23/2011 Following a recent gathering of European Free Trade Association ministers in Schaan, the Liechtenstein administration announced details of the signing of a free trade agreement with Hong Kong.
	Ecuador Improving Its Trade Relations 6/22/2011 Ecuador has participated in a series of meetings and negotiations with various jurisdictions, in an effort to strengthen its international trade relations.
	Indonesia, EU Agree To Talks On Trade Treaty 6/16/2011 Following positive recommendations from a study group established by the Indonesian government, it has been announced that the European Union and Indonesia have agreed to begin negotiations on a bilateral free trade agreement.
	Nations Stress Doha Urgency 5/30/2011 With the Doha Round facing imminent failure, it is imperative that global political leaders demonstrate their commitment, and recognize the benefits a successful conclusion could bring, a new report has stressed.
	Trade Restrictions On The Rise 5/26/2011 Global trade and investment appear to be facing opposing forces both pushing and pulling against the prospects for economic recovery, as governments attempt to attract foreign investment on the one hand while shielding their economies from foreign competition by raising trade barriers on the other, according to a new report.
	APEC Stresses Doha Urgency 5/24/2011 A major negotiating breakthrough is required if the Doha Round is to reach a successful conclusion, with many gaps remaining unbridgeable, the Asia-Pacific Economic Cooperation organization has said.
	US Returns To Top Of World Competitiveness Rankings 5/20/2011 The Swiss business school, IMD, has announced the rankings from its 2011 World Competitiveness Yearbook, which places the United States and Hong Kong as the most competitive countries.
	South Korea, Indonesia To Study Bilateral FTA 5/19/2011 The South Korean and Indonesian governments have agreed to undertake a joint feasibility study on a possible bilateral free trade agreement.
	ASEAN Bloc Tackles Trade Obstacles 5/13/2011 Indonesian Minister of Finance Agus Martowardojo has urged members of the ASEAN trade bloc to implement reforms to establish greater financial sector integration between nations, including through easing tax and non-tax barriers and setting up frameworks to mitigate criminality.
	Moves To Strengthen SMEs In ASEAN 5/10/2011 In the run-up to the 18th Association of Southeast Asian Nations Summit later this month in Jakarta, more than 200 participants from the business community, government and academia, have met in a major symposium to formulate concrete recommendations on what can be done to strengthen small and medium-sized entities in the region.
	EU Striving For ASEAN Trade Deal 5/9/2011 Karel De Gucht, the European Commissioner for Trade, in his closing remarks to the first ever Association of Southeast Asian Nations-European Union Business Summit, has said that the European Commission’s ultimate goal is a free trade agreement with the region.
	Channel Islands And Indonesia Sign Tax Agreements 5/4/2011 The governments of the Channel Islands, Guernsey and Jersey, have announced the initialling of Tax Information Exchange Agreements with Indonesia.
	Anti-Corruption Activities Falling Short, Says OECD 4/27/2011 The Organisation for Economic Cooperation and Development has released figures showing that, while there are 38 signatories to its Anti-Bribery Convention, only a remarkably small minority are actively engaging in the sanctioning of individuals and companies.
	ASEAN Establishes Tax Forum 4/11/2011 Following a meeting in Indonesia, the Finance Ministers of the Association of Southeast Asian Nations have established a forum on taxation involving the tax authorities of all member states.
	IK Acquires Offshore Incorporations Group 3/29/2011 IK Investment Partners has announced that it has acquired from the Carlyle Group the Offshore Incorporations group of companies, which is the Asian market leader in company formation and associated services.
	New Indonesian Imported Film Tax Raises Controversy 2/22/2011 The government has promised to review the proposed additional taxation on imported films, to be levied by Indonesia’s Directorate General of Taxation subsequent to a circular issued last month.
	Cayman Islands Signs TIEA With Indonesia 1/7/2011 The Cayman Islands government on December 4 announced that it has initialed a tax information exchange agreement with Indonesia following the negotiations in early December in Grand Cayman.
	Indonesia Proposes Tax Incentives For 'Green' Companies 12/21/2010 Indonesia’s Environment Ministry and the Directorate General of Taxation have disclosed that it is planned for tax incentives to be given to companies that utilise green technology.
	Indonesia Mulls Tax On Hot Money Inflows 11/17/2010 Agus Suprijanto, acting head of the fiscal policy unit at Indonesia’s Finance Ministry has disclosed that the government is looking at all of its options to control inflows of short-term foreign capital, including their taxation.
	Japan Bids To Join Pacific Trade Area 11/10/2010 Japan's Prime Minister Naoto Kan has indicated that Japan is willing to participate in talks on joining a free trade pact with the Trans-Pacific Partnership as discussions begin in Yokohama at the 21-member Asia-Pacific Economic Cooperation forum.
	Australia Pushes Bilateral FTAs In Asia 11/8/2010 During a four-day visit to Asian countries, Australia’s Trade Minister, Craig Emerson, held discussions on further trade liberalization in China, South Korea and Singapore, while he has also welcomed the decision by Australia and Indonesia to commence negotiations on a comprehensive economic partnership agreement.
	EU Sees Increase In Restrictive Trade Barriers 10/27/2010 A new report published by the European Commission shows that more than 330 trade restrictive measures have been taken by the major trade partners of the European Union since the outbreak of the financial and economic crisis in 2008.
	Indonesia Looking At Tax Holidays 9/17/2010 The Indonesian Finance Ministry has formed a special team to formulate a proposal to offer additional tax incentives to encourage industrial investment.
	Asia-Pacific Business Leaders Commit To FTAAP 8/31/2010 The Business Advisory Council of the Asia-Pacific Economic Cooperation has affirmed its belief that making progress on a Free Trade Area of the Asia Pacific presents the best strategy for achieving regional growth.
	Asian Countries Ranked For IPR Protection 8/31/2010 A survey of almost 1,300 expatriate corporate managers by the Hong Kong-based research group, Political and Economic Risk Consultancy, found that Singapore is considered to be the best country in Asia, and Indonesia the worst, at protecting intellectual property rights.
	ASEAN Ministers Review Free Trade Progress 8/27/2010 The meeting of the Association of Southeast Asian Nations Economic Ministers, held on August 24-25, 2010, in Da Nang, Vietnam, reaffirmed their resolve to ensure the realization of the ASEAN Economic Community in 2015.
	Indonesia To Place Tax Officers In Overseas Embassies 8/24/2010 As part of the government’s drive to increase budgetary revenue, its Tax Director General, Mochammad Tjiptardjo, has disclosed a plan to place tax officials in Indonesia’s embassies in selected countries.
	Indonesian Budget Sees Increased Tax Revenue 8/17/2010 In his annual speech to the House of Representatives, Indonesia's President Susilo Bambang Yudhoyono has announced that the government’s 2011 budget envisages a deficit of 1.7% of gross domestic product, slightly up on this year’s forecast of 1.5%.
	IATA Sees 'Enormous' Opportunities For Indonesian Aviation 8/13/2010 The International Air Transport Association has recommended priorities to facilitate the continued growth of the Indonesian aviation industry.
	EFTA Progresses Asian Trade Pacts 7/12/2010 The European Free Trade Association has decided to start talks on a comprehensive economic partnership agreement with Indonesia, and its negotiations on a free trade agreement with Hong Kong were also said to be progressing smoothly.
	Indonesia To Tax Mutual Fund Returns 7/9/2010 Commencing in 2011, the Indonesian Directorate of Taxation intends to levy a 5% tax on the returns made by investors in mutual funds.
	Hong Kong To Implement DTAs 7/8/2010 Orders made to implement double taxation agreements with Brunei, the Netherlands and Indonesia for the avoidance of double taxation and the prevention of tax evasion have been gazetted.
	Bermuda, Indonesia Conclude TIEA Talks 6/28/2010 Bermuda and Indonesia have concluded negotiations towards a Tax Information Exchange Agreement, the text of which incorporates the Organization for Economic Cooperation and Development standard on transparency and tax information exchange in civil and criminal tax matters.
	G20 Inward Investment Barriers Are Avoided 6/15/2010 The Organisation for Economic Co-operation and Development and United Nations Conference on Trade and Development have commended G20 countries for avoiding new protectionist barriers to inward investment, while warning that continued vigilance is needed in the face of emergency measures to address the economic crisis that still pose a threat to competition and international investment.
	Report Considers Asian Tax Complexity 6/8/2010 Business opportunity remains an important consideration when it comes to choosing priority business locations in Asia, despite fears of rising tax complexity in the region, according to a new study.
	APEC Commits To Regional Free Trade 6/7/2010 In a statement issued after the close of two-day talks in Sapporo, Japan, Asia-Pacific Economic Cooperation trade ministers announced progress in achieving their goals of free and open trade, and in advancing regional economic integration, including exploring possible pathways to a Free Trade Area of the Asia Pacific.
	APEC To Explore Asia-PAC Free Trade Area 6/2/2010 As trade ministers from the Asia-Pacific Economic Cooperation group prepare for their annual meeting on June 5 and 6, its Business Advisory Council has delivered a set of recommendations, including the creation of an Asia-Pacific free trade area.
	China's IP Record Worries Microsoft 5/25/2010 Microsoft CEO Steve Ballmer sees little worth in investing in the Chinese software market because of the ongoing problem of piracy in that country.
	India Seeks ASEAN FTA Expansion 5/7/2010 Following the entry into force of India’s free trade agreement in goods with the Association of Southeast Asian Nations from January 1 this year, the Indian government is now lobbying for its extension to trade in services.
	Tax Reformer Leaves Indonesian Government 5/7/2010 It has been confirmed that Sri Mulyani Indrawati, Indonesia’s Minister of Finance since 2005, has been appointed as a Managing Director of the World Bank Group from June 1, a move that could potentially stymie efforts towards tax reform in the country.
	Indonesia To Offer Tax Holidays To Investors 4/27/2010 Indonesia’s Industry Minister, M S Hidayat, has disclosed that the Finance Ministry have agreed with the Investment Coordinating Board to offer investors a tax holiday in order to increase the likelihood of meeting the country’s investment targets.
	ASEAN Summit's Commitment To The AEC 4/12/2010 The Association of Southeast Asian Nations member states, meeting in Vietnam for the 16th ASEAN Summit on April 8-9, 2010, reaffirmed their strong commitment to speed up the effective implementation of the roadmap towards an ASEAN Economic Community.
	World Bank Pushes Asian Integration 4/9/2010 The World Bank’s recent East Asia and Pacific Economic Update, entitled ‘Emerging Stronger from the Crisis’, looks for deeper regional integration in the area, particularly through the Association of Southeast Asian Nations and its regional free trade agreements.
	Jersey Initials TIEA With Indonesia 4/1/2010 The Jersey government on March 31 announced the initialing of a Tax Information Exchange Agreement with Indonesia.
	Hong Kong And Indonesia Sign DTA 3/24/2010 Hong Kong’s Financial Secretary, John Tsang, and the Indonesian Minister of Finance, Sri Mulyani Indrawati, signed a comprehensive Hong-Kong-Indonesia double taxation agreement in Jakarta on March 23.
	IASB Chairman Updates EU 3/18/2010 Sir David Tweedie, Chairman of the International Accounting Standards Board, has addressed a meeting of the Council of the European Union (Economic and Financial Affairs) on convergence and the classification and measurement of financial instruments.
	OECD Urges Fiscal Policy Shift 3/12/2010 Governments must now gear their economies towards jobs, international competitiveness and increasing the tax-take, the Organization for Economic Cooperation and Development has said in its latest ‘Going for Growth’ report, analyzing the next step for recovering economies.

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