Indonesian Political, Business & Finance News

Archive: 2 March 2016

1 article found

Singapore, Malaysia Are Key Investment Source for Indonesia: BKPM

Indonesia's Investment Coordinating Board, known as BKPM, wants to boost investment from Southeast Asian countries this year, a senior official said. The BKPM has pointed to Singapore and Malaysia as two potential investors, with the two countries boasting the highest investment realization and highest growth among the region last year. Investment realization from the Association of Southeast Asian Nations (Asean) bloc grew 15 percent to $9.1 billion last year, from $7.93 billion a year earlier.