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Indonesia allows greater foreign stakes from roads to cinemas

"We want the BI rate to fall, fall, fall, fall, and keep falling so the real sector can compete with other countries," says Mr Joko.


INDONESIAN President Joko Widodo will allow full foreign ownership in businesses from toll roads to cinemas, as he seeks to attract investment and create jobs after cutbacks by Ford Motor Co and Toshiba Corp.

The government will also let non-Indonesians hold 100 per cent