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View all search resultsIndonesia’s ranking in the World Economic Forum’s global competitiveness index dropped five places in 2019 to 50th out of 141 economies, while Singapore takes over the United States as the world’s most competitive country.
Business players are confident that the six-month transition period between this administration and the next will not act as a hindrance in their efforts to expand their businesses, as they believe that the upcoming elections will run safely and smoothly.
In response to President Joko “Jokowi” Widodo’s criticism of the issuance of business-unfriendly regulations, Environment and Forestry Minister Siti Nurbaya Bakar says she never felt that she had issued regulations that caused problems for the business community.
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