Indonesia Pushes Through Contentious Investment Overhaul

With Indonesia’s Omnibus law comes a push to raise the country’s Ease of Doing Business Rankings while attracting US business leaving China. With this transition comes the centralization of decision-making power in Jarkata. “Historically those decisions have been made at a provincial level where there is a lot more room for local negotiations and discretion, but also graft and corruption,” says John Evans, Tractus Co-Founder and Managing Director. “Nowadays those are things that companies just aren’t willing to take a risk on.” Continue reading here.