Not Just a ‘Fling’
Ten years after the crisis, the investment climate in Indonesia has improved significantly. Unfortunately, the bureaucracy remains an impediment.
July 24, 2007
A DECADE has gone by since the rupiah plummeted in 1997. Has our economy recovered from the disastrous impact? Do foreign investors feel safe about doing business here?
Apparently, Indonesia is still considered to be a good prospect by many foreign investors. Data from the Capital Investment Coordinating Board (BKPM) early this month showed that new investments in the first quarter of this year rose up to US$4.1 billion, a 16.8 percent increase
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