Investment between Indonesia and Singapore could rise by up to 22% in the next five years
Foreign Minister Retno Marsudi said on Tuesday that Indonesia hopes the Bilateral Investment Treaty (BIT) with Singapore will increase two-way investment by 18% to 22% over the next five years (Mar 9). She added that the treaty, which entered into force on Tuesday after both sides exchanged instruments of ratification, would help Singapore and Indonesia speed up their economic recovery …
