BKPM's Role Slashed

THE role of the Investment Coordinating Board (BKPM) will shrink in the future. President Susilo Bambang Yudhoyono's government will reportedly slash its role as the one-roof institution for processing investment licensing in the country. In the future, licensing will be returned to the associated technical department. According to plan, the BKPM will be transformed into a mere promotional body. The president has appoi