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Economy and Finance

Jokowi Invites Foreign Investors to Use Omnibus Law

JAKARTA - President Joko Widodo (Jokowi) specifically invited foreign investors, especially in the Asia Pacific region, to take advantage of the ease of investing offered by the Omnibus Law on Job Creation.  "I invite CEOs and entrepreneurs in the Asia Pacific region to take advantage of the opportunities from the Omnibus Law which passed," said Jokowi.  The President added that the government is currently pursuing the preparation of implementing regulations for the Job Creation Law. This implementing regulation will simultaneously regulate the details of policies that reduce investment regulations and make it easier to start a business.  "We will finish implementing regulations as soon as possible. So that various regulatory reforms and debureaucratization can be immediately felt by ...