Indonesian Political, Business & Finance News

Archive: 19 January 2009

1 article found

President Declares War on Mark-Ups

TEMPO Interactive, Jakarta:President Susilo Bambang Yudhoyono stated that the culture of marking up the cost of goods and service procurement is the source of corruption and collusion that we must fight against. “This is a disease,” he said, officially opening the National Indonesian Consultant Association (Inkindo) convention at the Presidential Palace yesterday. The president said he was not yet satisfied with the state’s financial accountability implementation.