Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Corruption of Purpose
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Corruption of Purpose

Industry Minister Says Complicated Buraucracy and Lack of Legal Certainty Hampering Growth


Bali News: Indonesia. Minister for Industry, M.S. Hidayat, industrial sector, corruption, bureaucracy, uncertainty of law, economic growth
Click Image to Enlarge

(12/8/2012)

The State News Agency Antara reports that M.S. Hidayat, the Minister for Industry, is blaming Indonesia ‘s inefficient bureaucracy and lack legal certainty as roadblocks to growing the industrial sector through national investment.

"An inefficient bureaucracy hinders the growth of national investments, especially in the industrial sector. In addition, legal uncertainty is a major concern for investors," commented Hidayat on Wednesday, December 5, 2012.

Citing Indonesia’s recent macroeconomic growth, Hidayat says many challenges remain in efforts to develop the industrial sector.

"Indonesia's economy is growing at a fast pace. In fact, in Asia, Indonesia¿s economic growth is ranked second, after China's economic growth. At the beginning of 2010, we started facing difficulties since 220 (out of 3,000) domestic commodities were less competitive than China's," he explained.

Hidayat said the national industrial sector had been experiencing growth through the end of 2011 at a rate if 2.85%. Growth for the year 2010 stood at only 2.5%.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Bali Struggles to Fight Rabies
Bali Establishes Rabies Centers to Deal with Victims of Dog Bites
(6/28/2015)
Professional Golf Come to Bali
Australian Golfer Matthew Giles Wins Bali National Golf Tournament by One Stroke with Birdie on Last Hole of Play
(6/28/2015)
Holey, Holey, Holey
Bali’s Blind Protest the Sad State of the Island’s Sidewalk
(6/28/2015)
Death by Drowning?
7-Year-Old Indian Boy Dies in Swimming Pool of Kuta Hotel
(6/28/2015)
When Housekeeping Cleans Up
Austrian Guest Has In-Room Safe Robbed by Housekeeping Supervisor at Seminyak Boutique Hotel.
(6/28/2015)
Picking Up Good Vibrations
Thousands Gather for Yoga and Meditation in Downtown Denpasar, Bali on the International Day of Yoga
(6/28/2015)
Controlling your Employment Branding
Free Lecture by Stenden University Bali on Employment Branding in the Hospitality Industry
(6/28/2015)
Pop! Goes the Hotel
Debate Erupts in North Bali Over Setback of Only 18.35 Meters from Seashore of Hotel Pop Singaraja
(6/28/2015)
Rules to Apply
Water Police Pledge to Bring Order and Regulation to Ferries and Fast Boats from Bali to Gili Island and Lombok
(6/28/2015)
Fatal Fall for UK National
UK Tourist Dies After Falling from Second Floor of Kuta, Bali Hotel.
(6/28/2015)
Cell Therapy for Former Klunkung Regent
Former Klunkung Regent Sentenced to 12 Years Prison for Corruption
(6/28/2015)
A Flat Property Market
Government Preparing Regulations to Allow Foreign Ownership of Luxury Apartments.
(6/28/2015)
All [News]!