The Indonesian Economic and Trade Office (KDEI) has held a business forum in Taipei to encourage Taiwanese businesspeople to increase trade and investment in Indonesia. "Transparency is the spirit that we promote in our economic policy, especially in the investment policy. This in line with the "New Southbound Policy" that has become Taiwan's primary foreign policy," KDEI head Robert J Bintaryo said on Saturday. The board's deputy head, Azhar Lubis, said 60 percent of the total investment in Indonesia in the first quarter of 2017 was foreign capital investment, amounting to US$7.3 billion. "Asian countries including Taiwan dominated the total foreign investment," he said.

Source: The China Post July 17, 2017 07:30 UTC