Indonesian Political, Business & Finance News

Archive: 24 March 2006

2 articles found

Regional govts must improve regulations, say investors

Regional govts must improve regulations, say investors The Jakarta Post, Jakarta Given their new autonomy, local administrations should now start promoting their areas as good places to do business instead of scaring off investors with a myriad of inconsistent regulations. "If you want to attract foreign investors to do business in your regencies, you have to give them honey.

About 500 regional regulations found to be obstructing investment

Mar 24 00:56 About 500 regional regulations found to be obstructing investment Jakarta (ANTARA News) - Some 31 percent or about 500 of regulations issued by regional administrations in Indonesia have been found to obstruct investment flows and to cause legal uncertainty and must therefore be scrapped, a government official dealing with regional autonomy affairs said.