Market Report, "Indonesia Pharmaceuticals & Healthcare Report Q1 2014", Published
Local newspaper The Jakarta Post recently reported that Indonesia plans to reduce the foreign ownership cap in various sectors, such as pharmaceuticals, ecotourism and telecommunication in order to boost foreign direct investment (FDI) in the country. It is unknown if and when these changes, which have been mooted for a while, will be implemented. In the meantime, foreign interest will continue to be impacted by high inflation, which will remain a key factor in negating any gains in companies' revenues,...
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