Indonesia’s foreign direct investment declined by 6.9% year-on-year in the Q2 in the rupiah terms due to pandemic hit, official data from Indonesia’s investment board on Wednesday, July 22, shows. The country appealed to IDR97.6 trillion ($6.7 billion) of FDI in the Q2 April-June, not including the investment in oil and gas sectors and banking. Indonesia’s top source countries of Q2 FDI are Singapore, Japan, China and Hong Kong, with no particular order. In total, the investment board booked IDR191.9 trillion of domestic and foreign investment in Q2, down by 4.3% in year-on-year comparison from Q2 in the previous year.
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Published on July 27, 2020 2:03 AM (GMT+8)Last Updated on July 27, 2020 2:03 AM (GMT+8)
