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Indonesia offers tailormade tax breaks, carbon offset to win investors


Stacks of containers are seen at the port in Tanjung Priok in Jakarta, on March 31, 2021. - AFP
JAKARTA, May 1 (Bloomberg): Indonesia is offering made-to-measure incentives and, potentially, carbon offsets as it competes for investment.
Earlier incentives were standardised in rules that were criticized as outdated, overlapping or even contradictory. With reforms now in full swing after the passage of an omnibus law late last year, the government can tailor benefits to companies looking to set up shop in Indonesia provided they make a very huge” outlay that will significantly develop local industry, said Nurul Ichwan, investment planning deputy at the Investment Coordinating Board. ....

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Indonesia Offers Tailormade Tax Breaks, Carbon Offset to Win Investors


Indonesia Offers Tailormade Tax Breaks, Carbon Offset to Win Investors
Apr 30 2021, 7:02 PM
April 30 2021, 4:30 AM
April 30 2021, 7:02 PM
(Bloomberg) Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here
(Bloomberg)
Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here
Indonesia is offering made-to-measure incentives and, potentially, carbon offsets as it competes for investment.
Earlier incentives were standardized in rules that were criticized as outdated, overlapping or even contradictory. With reforms now in full swing after the passage of an omnibus law late last year, the government can tailor benefits to companies looking to set up shop in Indonesia provided they make a “very huge” outlay that will significantly develop ....

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Asian Stocks Dip After U.S. Record Ahead of FOMC: Markets Wrap


Apr 27 2021, 4:29 PM
April 27 2021, 3:02 AM
April 27 2021, 4:29 PM
(Bloomberg) Treasury yields rose and U.S. stock-index futures posted modest gains as investors weighed earnings reports amid optimism the developed world is on a firm path toward economic recovery. Commodities surged to the highest levels in almost three years.
(Bloomberg) Treasury yields rose and U.S. stock-index futures posted modest gains as investors weighed earnings reports amid optimism the developed world is on a firm path toward economic recovery. Commodities surged to the highest levels in almost three years.
Russell 2000 contracts led advances in the derivative market. Yields rose across the curve, while staying below recent peaks. The dollar increased for the first time in three days. Gamestop Inc. soared 8% in early New York trading after completing an “at-the-market” equity offering. Amazon Inc., which will release its profit report this week, also climbed. ....

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U.S. futures erase advances as earnings roll in


U.S. futures erase advances as earnings roll in
Emily Barrett and Srinivasan Sivabalan, Bloomberg News
BNN Bloomberg s mid-morning market update: April 26, 2021
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U.S. stock-index futures erased gains, while Treasury yields rose, as investors weighed earnings reports amid optimism about economic recovery. Commodities surged to the highest levels in almost three years.
S&P 500 contracts were little changed after climbing as much as 0.3 per cent. Yields rose across the curve, while staying below recent peaks. The dollar increased for the first time in three days. Gamestop Inc. soared 8 per cent in early New York trading after completing an “at-the-market” equity offering. ....

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