NEWS ANALYSIS
·
SUBSCRIBERS
Indonesia sets up new ministry to make country more investor-friendly
Published Wed, May 5, 2021 · 05:50 AM
Jakarta
THE ongoing Covid-19 pandemic continues to put a damper on consumer and investor confidence in Indonesia, even as Jakarta tries to boost economic growth by attracting greater foreign and domestic direct investments.
Market watchers and investors are thus waiting to see whether President Joko Widodo's move to create a new Ministry of Investment will help the government achieve its goal.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Asean
Philippines’ April inflation comes in slower than expected at 3.8%
VinFast’s EV ambitions get a reality check as shares plunge 65%
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Indonesia’s Q1 GDP growth hits 5.11%, surpassing expectations
Top US Treasury official to travel to Singapore, Malaysia to discuss sanctions
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments