Indonesia Posts $25b State Budget Deficit in 2019

... deficit widened last year as tax revenues from commodity trade ... States and China. Indonesia's export and import contracted by - ... country's main commodities, especially palm oil and coal. The price ... program to mix more palm oil-based fuel with diesel ...

Indonesia Ready to Face EU Complaints to WTO

... increased tariff on palm oil, the Southeast Asia largest export commodity, casting ... policy on restricting the export of mineral products, especially ... export or import. The second complaint was about Indonesia's new tax ... it would grant a tax holiday for five to ...

Economists Urge Gov't to Shift Focus to Industrial, Talent Development

... 't have any goods to export, yet we widely open our ... influenced by our mining and palm oil exports, so when they go ... earlier this week for breaching tax, customs and import regulations after ...

Malaysia Reviewing Palm Oil Export Taxes Amid Bulging Stockpiles

... questions submitted earlier by Reuters. Palm oil producers in Southeast Asia have ... . Despite Malaysia cutting its export tax on crude palm oil to zero since September ... companies to use domestically produced palm oil to reduce the stockpile." "By ...

Weakening Rupiah Sees Calls for Gov't to Scrap Palm Oil Export Tax

... to scrap its export tax on crude palm oil to help improve ... export levy on crude palm oil and $30 per ton levy on crude palm oil ... It should consider scrapping the export tax … to help us to ... low price of crude palm oil, scrapping export levies could help ...

New Biodiesel Recipe Can Cut Indonesia's Fuel Imports: Industry Minister

... the world's biggest palm oil producer, is offering incentives to ... diesel" made completely from palm oil has "the same specifications ... been given a corporate tax discount to develop full ... domestic palm oil consumption to cushion a possible slowdown in export ...

The Long Road to Reviving Indonesia's Cacao Industry

... , the government slapped a tax on raw bean exports in ... amid a palm oil boom. Lampung farmer Sutaji noted that oil palm could be ... Piter of AIKI. The total export value of processed cacao – including ... and instrumental in Indonesia's tax policy on cacao bean ...

Malaysia's Sime Darby Plantation Q2 Profit Rises 34% From Year Ago

... the world's largest oil palm planter by land holdings, said ... introduction of an export tax suspension on crude palm oil, along with demand ... -month suspension on crude palm oil export taxes at the start ... likely to impact crude palm oil's market price, Sime ...

Demand for Malaysian Palm Oil Set to Rise Following Export Tax Suspension

... The government announced the tax suspension on Friday and ... Friday the tax suspension was aimed at boosting palm oil prices ... to all companies with crude palm oil export licenses, will be scrapped ... be one reason for the export tax suspension. "The overall trend ...

Indonesia Posts Rp 132.1t Tax Shortfall in 2017

... slower export from the country — a major global producer of palm oil, ... coal and tin. To improve tax revenue ... their unreported assets. The tax amnesty program was created ... minister also said the tax directorate general will strengthen ...