Indonesia’s President Joko Widodo unveiled plans this week for a "big bang" loosening of restrictions on foreign investment covering nearly 50 sectors of the economy - including the logistics sector - in order to stimulate economic expansion to reach a 7.0 per cent year-on-year gross domestic product (GDP) growth rate by 2019. The changes to Indonesia's Negative Investment List (Dafter Negatif Investasi) - the document that stipulates to what extent foreign investors can own businesses in … [Read more...] about Indonesia announces “big bang” opening up including logistics, e-commerce sectors
liberalisation
ASEAN must aim high in market liberalisation
ASEAN has missed the December 2008 deadline to open markets between capital cities on a multilateral basis, said the director general and CEO of the International Air Transport Association's (IATA), Giovanni Bisignani. "Malaysia must be a strong voice encouraging ASEAN member states to fulfill their obligations under the ASEAN Roadmap for the Integration of the Air Travel Sector (RIATS) and to meet the 2010 milestone. "ASEAN must aim high. A single market including ownership liberalisation by … [Read more...] about ASEAN must aim high in market liberalisation
