PT BPMS - News & Events
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Indonesian Ni Ore export tax levied 20pct
The Indonesian government enforced an export tax system effective May 6th 2012 in which 20% export tax is levied on 14 mineral products of Indonesian origin including nickel ore. As a result Japan and China, two major importers of the nickel ore from Indonesia will be negatively affected as their costs ... read more
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Indonesia plans new quotas to limit mineral exports
Indonesia plans to introduce new quotas to limit mineral exports, as well as a 20 percent duty on mineral exports by certain companies, Indonesian government officials said on Friday. The government is in the process of introducing new regulations intended to protect Indonesia's resources and increase ... read more
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Indonesia tax on metals to hit Chinese nickel/bauxite shipments
New Indonesian taxes on metals and curbs on raw mineral shipments are likely to hit exports of nickel and bauxite to China, an industry source said on Friday, highlighting concerns over the impact of the policy changes by Southeast Asia's biggest economy. Jakarta aims to boost investment in domestic ... read more
