Archive: 26 November 2015
1 article found
Thu, 26 Nov 2015, 10:00 WIB
BKPM to Change Negative Investment List Into 'Guideline'
Indonesia’s Investment Coordinating Board, or BKPM, plans to replace its negative investment list with an “investment guideline” by April, in a move to boost capital inflows into the country. "We used to call it negative investment list, but we only completely restrict a small number of industrys in the list. Most industries are open to foreign investment,” Franky Sibarani, the BKPM chairman, said in Jakarta on Tuesday.