INDONESIA CRUNCH | Nadiem for President

Nadiem Makarim at the Bloomberg Year Ahead Asia Conference in Jakarta on Dec. 6. Photographer: Graham Crouch/Bloomberg

A few weeks ago, we looked at the debate on foreign investment in Indonesia. One central argument often brought up, especially during election season, is that Indonesia is selling itself out to foreigners. However, Indonesia has a significantly lower percentage of foreign investment to GDP than neighbors like Thailand and Malaysia.

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