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Indonesian business prospect is promising

Posted by Heru Nusantara on December 31, 2012 at 3:10 AM

Survey: Indonesian business prospect is promising

Wednesday, 28 November 2012, 19:45 WIB
Antara/Teresia May
Survey: Indonesian business prospect is promising
Some local tourists enjoy a tourist destination in Bangka Belitung. According to a survey by Business Confidence Index (BCI), tourism is among promising business sectors in Indonesia. (illustration)
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REPUBLIKA.CO.ID, JAKARTA - About 83 out of 100 respondents in a survey conducted by Business Confidence Index (BCI) say that business prospect in Indonesia is promising. However, only 65 percent of respondents say of the ease of doing business here.
This survey involves senior executives of British companies. Chairman of British Chamber of Commerce (Britcham), Haslam Preeston, said that the gap portrayed contradictory in business environment in Indonesia.
BCI states that the most potential business sectors are retail, infrastructure, hotel and tourism, and service. "It also has significant challenges such as regulatory uncertainty, inefficient bureaucracy, slow infrastructural development and manpower issue," he said on Tuesday.
He recommended Indonesia to simplify governmental service to create more conducive atmosphere. He also urged Indonesia to consult and discuss with local and international business sector before implementing new regulation.
Chairman of Indonesian Investment Coordinating Board (BKPM), Chatib Basri, welcomed the result of BCI survey. He said that even though the ease of doing business in Indonesia was not as high as its business prospect, investors still put their money in Indonesia.
"The problem does not prevent them to come and invest in Indonesia," Basri said.




Categories: Hotel Prospects

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