Reuters: Regulatory News: Indonesia can increase revenue from mining sector - president

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Indonesia can increase revenue from mining sector - president Apr 4th 2012, 11:06 JAKARTA, April 4 | Wed Apr 4, 2012 7:06am EDT JAKARTA, April 4 (Reuters) - Indonesia's President Susilo Bambang Yudhoyono said on Wednesday he sees opportunities to increase state revenue from specific sectors of the mining industry but warned that a blanket tax on all sectors would be counter-productive. "I see there is still opportunities to do it (increase revenue) in a good way. There are sources such as particular mining sectors. Not by pumping taxes from all sectors because that would probably be counter-productive," Yudhoyono told a cabinet meeting.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions