Indonesia launches online push to streamline investment permits


FILE PHOTO: Indonesian President Joko Widodo gestures during an interview with Reuters at the presidential palace in Jakarta, Indonesia, November 13, 2020. REUTERS/Willy Kurniawan/File Photo

JAKARTA (Reuters) - Indonesia launched on Monday a website to process investment permits, which the government hailed as an important milestone in reforms aimed at making it easier and quicker to do business in Southeast Asia's largest economy.

President Joko Widodo has vowed to overcome lingering hurdles such as red tape, rigid labour laws and poor infrastructure in his second term to compete with neighbours such as Vietnam and Thailand to attract foreign investment.

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