Arab Today, arab today indonesia denies tax cut for palm oil exports
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Indonesia denies tax cut for palm oil exports

Arab Today, arab today

Arab Today, arab today Indonesia denies tax cut for palm oil exports

Jakarta - XINHUA

Indonesian Trade Minister Gita Wirjawan reconfirmed here Monday that Indonesia will not slash the crude palm oil (CPO) export taxes to compete with its rival producer Malaysia despite the latter has much lower export tariffs. Indonesia, the world\'s top CPO producer, increased its export tax on crude palm oil to 10.5 percent for March from February\'s 9 percent, while tariff imposed by Malaysia was only 4 percent for the same delivery period. \"We will stick to our decision and not be impacted by Malaysia\' s stance. We have the importance to expand our downstream industry, \" Minister Gita said, as quoted by Indonesia\'s news portal Investor Daily. Indonesian Palm Oil Farmers Association (APKASINDO) has repeatedly appealed the government to reduce the export taxes in a bid to maintain its competitiveness against Malaysia, the world\'s No. 2 CPO producer.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia denies tax cut for palm oil exports Arab Today, arab today indonesia denies tax cut for palm oil exports

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia denies tax cut for palm oil exports Arab Today, arab today indonesia denies tax cut for palm oil exports

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday