Weekly Business

Export Tax
CPO Export Charges Reduced

THE government has once again reduced export charges on crude palm oil (CPO). As of this coming October, this export tax will be 7.5 percent, lower than the 10 percent in previous months. This policy has been issued because the price of the commodity has dropped on the international market.

Based on the regulation to Determine Types of Export Products and Amount of Export Tariffs and Charges, if the average pri

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