Negative investment list still ambiguous, say business leaders
the maximum foreign equity for the business category "business and management consultancy services" was changed from 100% to 49% last july. it was one of the worst aspects of that last change to the investment negative list. it has caused a lot of disruption for foreigners wanting to set up professional service companies here. we got around it by using Indonesian nominees, but it's not the best way to do things. now it seems the govt have woken up to themselves.