Indonesia is ranked the second after Malaysia in a survey on paying bribes for business conducted by international anti-corruption watchdog Transparency International on executives of companies, local media reported Monday.

The survey entitled "2012 Bribe Payers Survey" was conducted on 3,000 company executives in 30 countries who were asked whether they had failed in securing business contracts because their rivals bribed officials to get the contracts throughout last year.

The survey showed that 42 percent of Indonesian executives interviewed confirmed it by replying "yes". That figure was a bit lower than 50 percent of Malaysia. In China, 27 percent of executives replied positively.

Countries surveyed by the Transparency International included Japan, South Korea, China, India, the Philippines, Germany, the United States, Indonesia, Malaysia and Singapore.

Japan was ranked the best in term of less bribing practices in business with below 5 percent and Singapore comes at the runner up with slightly below 10 percent, news portal detik.com reported.

Indonesian President Susilo Bambang Yudhoyono said earlier that now investigations on corrupt officials can be conducted swiftly by the government-sanctioned anti-graft agency, the KPK.