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Business 6 years ago
Environmental concerns, protests may discourage foreign investment: Moody’s
Indonesia’s Job Creation Law may facilitate investment and help revive the economy, but relaxed environmental regulation and widespread protests by labor unions could discourage foreign investors and limit the law’s benefits, Moody’s Investor Service has said.
Business 6 years ago
ADB projects Indonesia’s economy to grow 2.5% in 2020
“If decisive actions to contain the health and economic impacts of the outbreak, particularly to safeguard the poor and vulnerable, can be effectively implemented, the economy is expected to gradually return to its growth trajectory next year," ADB country director for Indonesia Winfried Wicklein said.
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