Anti Corruption Commission Requires Centralized Bank Customer Database Thursday, 14 September, 2006 | 16:39 WIB TEMPO Interactive, Batam: The Corruption Eradication Commission (KPK) has urged Bank Indonesia (BI) to create a centralized bank customer database in order to facilitate investigations into corruptors’ assets. Taufiequrachman Ruki, Head of the KPK, said that so far law enforcers have experienced difficulties in finding evidence as a basis on which to sue corruptors.

Spatial Planning Not Harmonious for Investment Thursday, 14 September, 2006 | 17:29 WIB TEMPO Interactive, Jakarta: Lukman Purnomosidhi, Chairman of the Indonesian Real Estate association, has said that spatial planning in Indonesia does not provide investment security, especially as far as property developers are concerned. This insecurity is reflected in land provisions for developing property and non-property, not to mention the expensive permit procedures, which are not transparent.

Customs & Excise Stop Levies on Coal Exports Thursday, 14 September, 2006 | 17:31 WIB TEMPO Interactive, Jakarta: The government has stopped imposing levies on coal exports as of 13 September 2006. This policy was stipulated in a circular letter from Anwar Suprijadi, the Director General of Customs & Excise, to all Office Heads of Regions One to Eight of the Customs & Excise Directorate General and Office Heads of Customs & Excise Services in Indonesia.

Manila bank using Indonesian information technology Jakarta (ANTARA News) - Manila National Bank has begun to make use of Indonesia`s information technology by implementing core banking, support, banking delivery systems and middle ware solutions provided by PT Sigma Cipta Caraka (SCC) company, an SCC spokesman said.

Industrial estates lobby for one-stop investment centers Urip Hudiono, The Jakarta Post, Jakarta If there is one thing investors like, it is being able to get their investments up and running without too much hassle. That means spending the least amount of time and money, and if possible, processing all the required documents in one place.

Govt promises not to increase electricity price till 2009 Jakarta (ANTARA News) - The government promised not to increase the price of electricity until 2009, an official said. J Purwono, director general of electricity and energy utilization at the Ministry of Energy and Mineral Resources, said in a discussion forum attended by hundreds of young businessmen here Wednesday that the government would continue subsidizing electricity. "But the government will reduce the price in stages," he said.

Exclusive Rights Violate Anti-Monopoly Law Wednesday, 13 September, 2006 | 17:14 WIB TEMPO Interactive, Jakarta: The Commission for Supervising Business Competition has asked that the House of Representatives (DPR) not approve exclusive rights requested by PT Pos Indonesia. The reason for this is that it is illegal to grant such exclusive rights according to Law Number 5/1999 on Prohibition of Monopoly and Unsound Business Competition.

Manufacturers Obliged to Relocate to Special Regions Wednesday, 13 September, 2006 | 14:52 WIB TEMPO Interactive, Jakarta: The government will oblige manufacturers to move into special regions and this policy will be attached to a governmental regulation that will soon be legalized.

the indonesian govt shot away their feet years ago. they're shooting themselves in the kneecaps these days.