Thursday, January 16, 2014

Indonesia pushes pro-investment reform - OBG

Indonesia pushes pro-investment reform

Slower growth in Indonesia may provide an impetus to realise a range of reforms that the government is planning, changes that could open several important and attractive sectors to greater foreign investment.
On November 6, the Investment Coordinating Board (Badan Koordinasi Penanaman Modal, BKPM) announced plans to allow foreign investment in airports and ports, and to ease restrictions in the telecommunications and pharmaceutical sectors. The announcement came just hours after official figures showed GDP growth had slowed for a fifth consecutive quarter, ... Read more.

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