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Government to replace fishing license.

The maritime and fisheries ministry will replace all fishing business licenses as many of the licenses held by fishing companies are false. All license documents will be changed from February to March, 2005. The use of false documents will cause losses to fishermen and the state in non tax income. The ministry will need around Rp 1.8 billion to change all the documents but the benefit expected will be higher and duplication will be more difficult. The ministry is investigating cases of false licenses and has discovered a number of proofs of illegal deal on false licenses. A false document was sold at Rp 5 million. (BI/6/01/05)
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Title Annotation:Economic News In Brief
Comment:Government to replace fishing license.(Economic News In Brief)
Publication:Indonesian Commercial Newsletter
Article Type:Brief Article
Geographic Code:1U3IN
Date:Jan 11, 2005
Words:111
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