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View all search resultsfiscal-incentives
Editorial 6 years ago
Oil, gas exploration counts
Consistently, low oil prices have forced oil companies to be extremely selective regarding the sites for exploration. An efficient bureaucracy is crucial especially in the oil industry, because the time lag between discovery and production is often 15 years.
Editorial 6 years ago
Tackling smuggling in FTZs
The government finally decided recently to lift the cigarette and alcohol excise tax exemption for the free trade zones of Batam, Bintan and Karimun in the Riau Islands and the free port of Sabang at the northern tip of Sumatra, because it turned out that the fiscal facility was abused.
