Investors return to Indonesia, but World Bank warns of challenges
While a resumption of strong portfolio flows so far this year suggests the Indonesia story is getting renewed and favourable consideration from foreign investors, the World Bank has warned the country faces a highly challenging 2014.
The bank’s new Indonesian Economic Quarterly, pointedly titled Investment in Flux, appears as investment confidence, domestic and foreign, has got another lift from the confirmation of Jakarta governor Joko Widodo will contest, and most likely win, the 2014 presidential race.
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