AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
INDONESIAN GOVT TO KEEP CPO EXPORT TAX RATE AT 6.5 PCT.
MEDAN, N Sumatra, Aug 1 Asia Pulse - The government will maintain the crude palm oil (CPO) export tax at the average rate of 6.5 per cent as it is considered ideal, Industry Minister Fahmi Idris said.
"The rate of CPO export tax is already ideal," the minister said when he visited an integrated CPO factory of PT Musim Mas in Medan on Tuesday.
The minister made the statement amid complaints by a number of CPO producers that the competitive edge of their CPO products had been weakened by the government's CPO export tax of 6.5 per cent.
Fahmi said the rate had been imposed in an effort to keep cooking oil prices at a moderate level and to guarantee supply in the market.
Besides, the government also hoped that with the government's fiscal policy, growth of downstream industries could be boosted, the minister said.
Therefore, he added, the government did not impose a too high export ...
- INDONESIAN CPO EXPORT TAX SET AT ZERO PER CENT.
- News wire article from: AsiaPulse News January 28, 2009 700+ words
...Rotterdam Bourse in the previous two months. The price become a reference in fixing the percentage of the CPO export tax rate. Although the CPO export tax is still zero per cent, the trade ministry set the CPO domestic export reference price (HPE) at...
- INDONESIA: ASSOCIATION REGRETS GOVT'S FAILURE TO REDUCE CPO EXPORT TAX.
- Magazine article from: ANTARA - The Indonesian National News Agency September 5, 2000 700+ words
...asks the government to review the CPO export tax, which has become a big burden...government's decision to maintain the CPO export tax at 10 percent and the CPO export...association's suggestion to reduce the CPO export tax from 10 percent to 5 ...
- Government may reduce CPO export tax between 2 and 3%.
- Newspaper article from: Jakarta Post January 24, 2001 700+ words
...Malaysia has eliminated its CPO export tax. Indonesia is the world's second...put off taking a decision on the CPO export tax last year to avoid a possible...Nasution, who is in charge of the CPO export tax at the finance ministry, said...
- INDONESIA: GOV'T MIGHT REDUCE CPO EXPORT TAX TO 2-3 PCT - MINISTER.
- Magazine article from: ANTARA - The Indonesian National News Agency January 24, 2001 700+ words
...controversy on whether to maintain CPO export tax at 5 percent or reduce it to zero...Luhut B Panjaitan has said that the CPO export tax should be reduced to zero percent...some officials have said that CPO export should not be exempted from taxes...
- Govt has no plan to remove CPO export tax: Minister.
- Newspaper article from: Jakarta Post February 3, 2000 700+ words
...Wednesday a plan to remove the export tax on crude palm oil (CPO) products...about to remove the 10 percent CPO export tax on grounds that domestic cooking...to the government to remove the CPO export tax. The tax was last modified in...
- INDONESIAN PALM OIL FIRMS SPLIT OVER CPO EXPORT TAX HIKE.
- News wire article from: AsiaPulse News June 8, 2007 700+ words
...government's plan to increase export tax on crude palm oil (CPO) from...a cabinet meeting yesterday the export tax will be raise if the price of cooking...agrees with the increase in the CPO export tax. The increase in the export tax...
- GAPKI AGREES TO PROGRESSIVE CHANGE IN INDONESIA'S CPO EXPORT TAX.
- News wire article from: AsiaPulse News August 29, 2007 700+ words
...to a progressive change in the export tax on crude palm oil (CPO), but said export tax should not be imposed if the CPO...impose progressive increase in CPO export tax and export tax is imposed when...
- ZERO CPO EXPORT TAX UNLIKELY TO HAVE MUCH IMPACT.
- News wire article from: BERNAMA The Malaysian National News Agency September 11, 2000 700+ words
...countered by Indonesia when its Minister of Industry and Trade, Luhut Panjaitan, announced today that Indonesia's CPO export tax would be reduced to 5.0 percent from the current 10 percent effective tomorrow. "Both are competiting with each...
- LEGISLATORS URGE INDONESIAN GOVT TO RAISE CPO EXPORT TAX.
- News wire article from: AsiaPulse News July 4, 2007 700+ words
...Legislators Tuesday urged the government to raise the export tax on crude palm oil (CPO) in an effort to discourage...from skyrocketing, the government should raise the CPO export tax, and the funds obtained from the tax should be used...
- INDONESIAN GOVT TO DECIDE CPO EXPORT TAX RISE IN SEPT: VICE PRESIDENT.
- News wire article from: AsiaPulse News August 27, 2007 700+ words
...what the government was doing to overcome the cooking oil price spiral. He said the government was studying several CPO export tax increase possibilities. At present, CPO exports were subject to a 6.5 per cent tax while in the past the tax was...
Source: HighBeam Research, INDONESIAN GOVT TO KEEP CPO EXPORT TAX RATE AT 6.5 PCT.