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Jakarta Post

RI entices US to invest more

  • by Kharishar Khafi Hotli Simanjuntak
Jakarta   /   Wed, March 14 2018   /  12:18 am

Fostering trade: President Joko “Jokowi” Widodo (second right), accompanied by Coordinating Maritime Affairs Minister Luhut B Panjaitan (right), speaks with the delegation of the US-ASEAN Business Council at Merdeka Palace in Jakarta on Tuesday. Jokowi committed to increasing US-ASEAN trade.(Antara/Wahyu Putro A)Trying to entice United States investors to increase investment in Indonesia, President Joko “Jokowi” Widodo has promised to continue economic reforms to make Southeast Asia’s largest economy a more attractive destination to do business.

The administration is revising regulations on tax incentives for investment and seeks to pass them by the end of this month.

Speaking to 41 US-based companies grouped under the US-ASEAN Business Council on Tuesday morning, the President underlined the significance of investment into Indonesia from the world’s top econo...