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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.
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