Tue, 15 Dec 2009
Most regional administrations in the country are still lagging in the quality of services given to investors, a survey carried out by the Regional Autonomy Watch (KPPOD) reveals.

A survey, conducted in 291 regencies and cities across the country, shows that the quality of regional investment support was far below expectations in 2009, although eight years after the enactment of the regional autonomy law.

In its report, which marks also the agency’s full-year performance assessment, KPPOD said on
Monday that investors were still faced with classic problems in applying for investment permits in the regions.

Only 2 percent of 1,100 investors surveyed said they had spent less time and costs than predicted by the local authorities. Twenty percent of them claimed to have spent more time and money in
processing their investment permit applications.

The International Finance Corporation (IFC) released its Doing Business report in September showing that Indonesia on average has cut the time needed to start a business by 16 days and the time to transfer a property by 17 days. But the country’s global ranking only moved up to 122 from 129 on the global ease of doing business.

However, KPPOD said that the IFC’s report only revealed these improvements on average

“Geographically, regions with the best quality in service are mostly located on Java Island,” KPPOD’s researcher Boedi Rheza said.

But even the regions with the best service quality, namely Yogyakarta and Purwakarta regency, only scored 66.7 out of a total of 100 in the KPPOD survey. Regions outside Java scored much lower.

The watchdog had high hopes for the implementation of regional autonomy during 2009 because almost all the regulations required for getting the autonomous regions working at full scope had already been issued by 2007.

But in reality, the decentralization has yet to produce a significant impact on economic development and implementation of good governance in the regions, KPPOD said.

Boedi blamed poor implementation and lack of administrative reform as being the core problems in the regions’ lack of quality services.

“There are also problems of inconsistency and incoherence in the regulatory frameworks of central government, whether on horizontal or vertical regulations,” he said, adding that the 2009 Law on

Regional tax and retribution may potentially spark problems in its implementation.

The law was endorsed in August to enhance the fiscal capacity of regions and make them less dependent on central government. Regional administrations should be able to bring in bylaws to help raise revenue but without causing problems for the local investment climate.

Boedi, however, doubted the regions’ readiness to implement this law. “They need to be ready in tax collecting and administrative affairs The central government must also immediately issue decrees to serve as operational guidelines for the regions,” he said. (adh)



News Search/Filter
Transaction Rates
13 Dec 18
Buy
Sell
AED1
3,972.59
3,972.59
AFN1
192.50
192.50
ALL1
134.11
134.11
AMD1
30.04
30.04
ANG1
8,220.35
8,220.35
AOA1
47.16
47.16
ARS1
388.37
388.37
AUD1
10,531.57
10,531.57
AWG1
8,106.70
8,106.70
AZN1
8,570.95
8,570.95
BAM1
8,454.74
8,454.74
BBD1
7,296.02
7,296.02
BDT1
173.93
173.93
BGN1
8,472.31
8,472.31
BHD1
38,705.68
38,705.68
BIF1
8.01
8.01
BMD1
14,592.04
14,592.04
BND1
9,258.75
9,258.75
BOB1
2,111.49
2,111.49
BRL1
3,784.61
3,784.61
BSD1
14,592.04
14,592.04
BTC1
49,305,688
49,305,688
BTN1
202.68
202.68
BWP1
1,358.41
1,358.41
BYN1
6,867.80
6,867.80
BZD1
7,238.77
7,238.77
CAD1
10,930.16
10,930.16
CDF1
9.03
9.03
CHF1
14,699.35
14,699.35
CLF1
602,628.43
602,628.43
CLP1
21.51
21.51
CNH1
2,124.18
2,124.18
CNY1
2,120.93
2,120.93
COP1
4.59
4.59
CRC1
24.41
24.41
CUC1
14,592.04
14,592.04
CUP1
566.68
566.68
CVE1
149.96
149.96
CZK1
641.89
641.89
DJF1
81.95
81.95
DKK1
2,223.33
2,223.33
DOP1
289.86
289.86
DZD1
122.94
122.94
EGP1
814.65
814.65
ERN1
972.94
972.94
ETB1
517.44
517.44
EUR1
16,592.61
16,592.61
FJD1
6,906.34
6,906.34
FKP1
18,421.67
18,421.67
GBP1
18,421.67
18,421.67
GEL1
5,506.49
5,506.49
GGP1
18,421.67
18,421.67
GHS1
2,930.12
2,930.12
GIP1
18,421.67
18,421.67
GMD1
294.19
294.19
GNF1
1.58
1.58
GTQ1
1,886.35
1,886.35
GYD1
69.78
69.78
HKD1
1,867.19
1,867.19
HNL1
598.03
598.03
HRK1
2,246.24
2,246.24
HTG1
191.36
191.36
HUF1
51.38
51.38
IDR1
1.00
1.00
ILS1
3,892.69
3,892.69
IMP1
18,421.67
18,421.67
INR1
203.11
203.11
IQD1
12.25
12.25
IRR1
0.34
0.34
ISK1
118.36
118.36
JEP1
18,421.67
18,421.67
JMD1
113.92
113.92
JOD1
20,563.67
20,563.67
JPY1
128.80
128.80
KES1
142.43
142.43
KGS1
212.39
212.39
KHR1
3.62
3.62
KMF1
33.71
33.71
KPW1
16.21
16.21
KRW1
12.97
12.97
KWD1
47,990.67
47,990.67
KYD1
17,508.38
17,508.38
KZT1
39.41
39.41
LAK1
1.70
1.70
LBP1
9.68
9.68
LKR1
81.31
81.31
LRD1
92.73
92.73
LSL1
1,018.28
1,018.28
LYD1
10,422.88
10,422.88
MAD1
1,536.45
1,536.45
MDL1
849.61
849.61
MGA1
4.15
4.15
MKD1
269.54
269.54
MMK1
9.22
9.22
MNT1
5.94
5.94
MOP1
1,812.19
1,812.19
MRO1
40.87
40.87
MRU1
400.88
400.88
MUR1
426.04
426.04
MVR1
944.46
944.46
MWK1
19.60
19.60
MXN1
727.15
727.15
MYR1
3,487.49
3,487.49
MZN1
241.19
241.19
NAD1
1,021.85
1,021.85
NGN1
40.08
40.08
NIO1
450.37
450.37
NOK1
1,702.39
1,702.39
NPR1
126.66
126.66
NZD1
10,007.93
10,007.93
OMR1
37,901.21
37,901.21
PAB1
14,592.04
14,592.04
PEN1
4,347.39
4,347.39
PGK1
4,339.96
4,339.96
PHP1
277.38
277.38
PKR1
104.94
104.94
PLN1
3,866.96
3,866.96
PYG1
2.45
2.45
QAR1
4,007.70
4,007.70
RON1
3,565.12
3,565.12
RSD1
140.26
140.26
RUB1
219.71
219.71
RWF1
16.67
16.67
SAR1
3,889.44
3,889.44
SBD1
1,827.80
1,827.80
SCR1
1,069.73
1,069.73
SDG1
306.87
306.87
SEK1
1,605.98
1,605.98
SGD1
10,634.75
10,634.75
SHP1
18,421.67
18,421.67
SLL1
1.73
1.73
SOS1
25.11
25.11
SRD1
1,956.56
1,956.56
SSP1
112.01
112.01
STD1
0.69
0.69
STN1
677.12
677.12
SVC1
1,667.48
1,667.48
SYP1
28.33
28.33
SZL1
1,025.44
1,025.44
THB1
445.83
445.83
TJS1
1,548.96
1,548.96
TMT1
4,157.30
4,157.30
TND1
4,974.29
4,974.29
TOP1
6,367.78
6,367.78
TRY1
2,728.37
2,728.37
TTD1
2,164.78
2,164.78
TWD1
475.18
475.18
TZS1
6.34
6.34
UAH1
526.33
526.33
UGX1
3.92
3.92
USD1
14,592.04
14,592.04
UYU1
452.82
452.82
UZS1
1.75
1.75
VEF1
0.05
0.05
VND1
0.62
0.62
VUV1
131.59
131.59
WST1
5,615.15
5,615.15
XAF1
25.29
25.29
XAG1
215,137.81
215,137.81
XAU1
18,184,593.24
18,184,593.24
XCD1
5,399.36
5,399.36
XDR1
20,270.16
20,270.16
XOF1
25.29
25.29
XPD1
18,436,403.95
18,436,403.95
XPF1
139.04
139.04
XPT1
11,731,920.17
11,731,920.17
YER1
58.29
58.29
ZAR1
1,033.67
1,033.67
ZMW1
1,219.45
1,219.45
ZWL1
45.26
45.26
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services