Franky Sibarani (l)

Malaysian investment in Indonesia grows rapidly

REPUBLIKA.CO.ID, KUALA LUMPUR -- Malaysia is an active investor in Indonesia's various industrial sectors, becoming the second-largest investing country after Singapore in 2015, Capital Investment Coordinating Board (BKPM) Chief Franky Sibarani stated."Malaysian investment in Indonesia increased rapidly, registering a growth of 73 percent in 2015 compared to that in the previous year," Franky noted on the sidelines of an...

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Crumb rubber industry open to foreign investment

REPUBLIKA.CO.ID, JAKARTA -- Crumb rubber industry is open to 100 percent foreign investment after the revision of the Investment Negative List (DNI) announced last Thursday, Industry Minister Saleh Husin said."We have opened the crumb rubber industry to all those who want to invest in this sector, be these domestic or foreign companies. We want this industry to absorb as...