Indonesia's Q3 FDI Shows Slowdown in Dollar Terms as Economy Wobbles
Jakarta . Foreign direct investment (FDI) into Indonesia rose in the third quarter in rupiah terms, but the dollar-equivalent FDIs slowed as the economy struggled under the weight of slumping commodity prices, red tape and faltering investor confidence. The Investment Coordinating Board (BKPM) on Thursday said Southeast Asia's largest economy attracted Rp 92.5 trillion ($6.85 billion) in investment over the July-September period, up 18.1 percent from a year ago.