Market Flash: iSHARES MSCI Indonesia Investable Market Index Fund (EIDO:US) PRICE: 28.530 USD Down -0.360 (-1.246%) >>> BI: Rupiah Melemah Akibat Kondisi Eropa >>> Pertemuan FED pertimbangkan langkah baru dorong ekonomi >>> KIJA akan Terbitkan MEN Valas USD150 Juta >>> PT Indika Energy Perusahaan Teladan Dunia 2011 >>> Govt Promises Revision of Cost Recovery Regulation >>> BPMigas Demands PGN to Pay US$6 per MMBTU >>> Jababeka to Raise US$150 Million from Debt Markets >>> SCG Chemicals buys Chandra Asri >>> Solusi Tunas eyes Rp380 bio IPO >>> SMR Utama scouts Rp300 bio IPO >>> Alam Sutera picks two bond arrangers >>> ASII Tetap Rajai Penjualan Mobil Agustus 2011 >>> Perusahaan Thailand kuasai Saham TPIA senilai Rp 3,76 Triliun >>> Agis Main ke Tambang, Sahamnya Masuk Dalam Pengawasan >>> ACES Mendekati The Northern Agar Mau Kurangi Kepemilikan >>> IHSG masih harus berjuang terus bertahan diatas MA200 >>> Melirik Peluang Akumulasi di Saham Perbankan >>> Analisa Saham BUMI: Kuat Bertahan & Berpeluang Kembali Uptrend >>> Analisa Saham JSMR: Bertahan Di Support, What Next? >>> INDF Tertahan Di Area Support Kuat, Berpeluang Rebound >>> ASII Break Minor Support, Sell on Strength >>> ADRO Membentuk Descending Wedges, Berpeluang Rebound Terbatas >>> Wall Street ends flat as early gains evaporate >>> Fed begins policy meeting, tiptoes toward easing >>> Fed meeting to help decide on long-term Treasuries >>> Greece Makes 'Good Progress' in Reform Talks: EC >>> China worried Europe debt crisis will hit trade >>> China could roll out 4.65tr yuan stimulus package >>> IMF sees Mideast stagnation >>> NYMEX-Crude ends higher at Oct contract expiry >>> Asian Crude Palm Oil Up On Technical Buying, Soyoil >>> Foreign net Sell - 61.785.746

Kamis, 28 Juli 2011

Economy Investment tax incentives on the horizon - DBS

The government is planning to introduce more tax incentives to selected industries in the coming months. According to the Investment Coordinating Board (BKPM), capital intensive (IDR 100bn with at least 100 workers) and labor-intensive (IDR 50bn with at least 300 workers) industries may apply for the benefits. A 5-8 year tax holiday may also be introduced. Considering that Indonesia’s corporate tax rate is still at a relatively high 25%, these tax measures will spur a surge of investment as firms (which have been holding off on investing in anticipation of the tax breaks since last year) start to make good on their investment commitments.

If the government successfully implements the policy as planned by September, we could see a sharp sequential surge in investment in 4Q11 and 1Q12. With domestic investment realization already up by 50.7% YoY for 1H and foreign direct investment realization up by 16.2% over the same time period, these are all encouraging signs for growth this year. In our view, these policies are positive short-term measures that Indonesia has to utilize as it resolves its structural investment problems. Moreover, given its strong fiscal position, we reckon that the government can afford to draw down its coffers to stimulate investment and job growth

Tidak ada komentar:

Posting Komentar