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
India’s automotive industry has become one of the strongest pillars of its manufacturing sector, fueling economic growth and industrial ...
Stay updated and make informed decisions.
Global market trends | Economic performance | Financial updates | Trade analysis
Automated page speed optimizations for fast site performance