Indonesia on Friday eased its foreign investment regulations for several industries, including pharmaceuticals, power plants and advertising, amid signs of weakening investor appetite in Southeast Asia’s biggest economy. Foreign investment growth in the first quarter slowed to its lowest level in nearly five years following a government ban in January on mineral ore exports. “To further enhance the capital investment activity in Indonesia … it is deemed necessary to change the provision of business sectors closed and business sectors opened for capital investment,” President Susilo Bambang Yudhoyono said in a presidential decree.
Posted on: Mon, 05 May 2014 05:46:24 +0000
Trending Topics
Recently Viewed Topics
© 2015