Select your location
Tractus Global
With Indonesia’s Omnibus law comes a push to raise the country’s Ease of Doing Business Rankings while attracting US business leaving China. With this transition comes the centralization of decision-making power in Jarkata. “Historically those decisions have been made at a provincial level where there is a lot more room for local negotiations and discretion, but also graft and corruption,” says John Evans, Tractus Co-Founder and Managing Director. “Nowadays those are things that companies just aren’t willing to take a risk on.” Continue reading here.
Photo by BAY ISMOYO/AFP via Getty Images
Recent Insights
From Diesel to Electric: Thailand’s Transition to an EV Manufacturing Powerhouse
Investment Insomnia: APAC Executives’ Mixed Perceptions of U.S. Investment Climate | Tractus
Vietnam’s Land Law 2024: A New Era for Foreign Investment
Production and sales of electric vehicles (EVs) in Thailand have been on the rise in recent years due to the shift in demand from ...
On January 15, 2024, Vietnam’s 15th National Assembly enacted the revised Land Law 2024, a legislative overhaul poised to reshape the ...