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NEWS UPDATES Asean Affairs   21 November 2013  

Companies offered tax breaks to invest in agriculture research

Indonesia: The Agriculture Ministry is trying to make private companies aware of tax incentives they will receive for providing agricultural research grants and funding.

The ministry’s post-harvest research and development unit head Rudy Tjahjoutomo said that no private company had provided agricultural research funding due to a lack of awareness on tax incentives provided under Agriculture Ministry Regulation (Permen) No. 56/2006 on Agriculture Research and Development Cooperation.

“The regulation stipulates that the government will give tax breaks to companies that match the amount they give toward research and grants in agriculture,” Rudy said on the sidelines of an agricultural conference on Tuesday.

Many companies are unfamiliar with the tax incentive regulation, according to the ministry.

Agriculture Ministry research and development unit head Haryono said that even if some companies knew about the Permen 2006, they would rather spend money on corporate social responsibility programs as these could be more effective in promoting their business activities.

“This is unfortunate considering research can help us find ways to develop technology and human resources in the agriculture sector in an effort to improve our food security,” Haryono said.

Rudy said the ministry would up its efforts to inform private companies about the benefits of providing agricultural research grants and funding.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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