Weekly Business

May 31, 2005

Corruption Hampers Investment

THE Asian Development Bank (ADB) has found three main factors hampering the recovery of investment in Indonesia. The factors, including unstable macroeconomic conditions, unclear economic regulation and corruption, are part of the findings in ADB's 2003 survey of the investment climate in Indonesia. In addition, they found that unbalanced labor rules, high cost funds, taxes and inadequate infrastructure

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