Indonesian Political, Business & Finance News

1. Ending dispute with Cemex over its investment in state cement

1. Ending dispute with Cemex over its investment in state cement company PT Semen Gresik, which started since 2001. 2. Settling dispute with Karaha Bodas over the termination of the company's power contract in 1998. 3. Settling row between ExxonMobil and state oil and gas company PT Pertamina over the management of Cepu block in Central Java. The dispute started last year. 4. Combating corruption at the tax office, customs office, Office of the State Minister of State Enterprises and a number of state firms by replacing key officials at the institutions. 5. Completing draft revision for the tax laws. 6. Completing the organization restructuring for the Office of State Minister of State Enterprises. 7. Reducing foreign debts. 8. Revising the 2005 draft state budget. 9. Mergering Capital Market Supervisory Agency (Bapepam) with Directorate General of Financial Institutions. 10. Restructuring ailing state airlines Garuda Indonesia and Merpati Nusantara Airlines. 11. Completing draft bill on anti-smuggling. 12. Completing the organization restructuring for the Ministry of Trade and the Ministry of Industry. 13. Issuing government regulation on shipping.

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