Quoting: biznews Jakarta (ANTARA News) - Vice President Boediono has said bureaucratic reform was not just a rhetoric or discourse but was a serious thing that had to be done. Pak Wakil Presiden Republik Indonesia: it *is* just rhetoric until you *do* something about it. oh, and setting up another govt dept to handle bureaucratic reform seems self-defeating, doesn't it? but hell, what would i know.

Jakarta (ANTARA News) - Vice President Boediono has said bureaucratic reform was not just a rhetoric or discourse but was a serious thing that had to be done. "The bureaucratic reform made by the government is not just a discourse or empty words," Vice President Boediono said in his directives to the participants of a working meeting on State Financial Accountability Improvement at his office here on Wednesday.

To further support the country’s electronics and information and communication technology (ICT) industry, the government plans to exempt more electronic products from the luxury tax as well as to restrict imports, Industry Minister M.S. Hidayat said Tuesday. The minister said the tax break and protection from imported products would be part of the government’s policy of prioritizing the development of the electronics and ICT industry in the country.

like most information on PMAs on the web, it's at best only half true. Quote: The foreign investment may comprise both debt and equity, but the BKPM (Badan Koordinasi Penanaman Modal under the Ministry of Investment in Jakarta) has a rule of thumb that the ratio of debt to equity should be no more than 3:1. completely irrelevant.

Ok, I found this PMA thingy, and I'm still confused with this dumb-dumb regulation. as you said earlier ku, you only can lease the property for about 25 yrs and then renew it?

Indonesia is one of the few countries that successfully escaped the pitfalls caused by the recent global financial crisis. As such, the country is increasingly gaining spotlight in the international stage as one of the new rising stars in Asia.

The government is considering granting a “tax holiday” to some foreign and local investors, amounting to a temporary suspension of tax on certain forms of direct investment in a bid to reach the ambitious goal of attracting Rp 2,000 trillion ($218 billion) in investment per year over the next five years, the Finance Ministry said on Tuesday.