Business sentiment in RI weakens

Business sentiment in RI weakens

JAKARTA: Danareksa Research Institute said investor confidence in
Indonesia fell during February and March due to uncertainty at
home and abroad.

In its latest survey, on Monday, Danareksa said that the
confidence index during the period fell 1.4 percent.

It also said that confidence in the government dropped as the
operating conditions for businesses worsened.

It added that many businessmen continue to feel that law
enforcement in the country remains weak.

The institute said that under such unfavorable conditions
business appeared riskier, and that this encouraged business
operators to put off expansion plans. -- JP