JAKARTA, Nov 26 ― A court ruling in Indonesia against a new jobs creation law could dim its investment outlook, experts said today, in a potential blow to President Joko Widodo's drive to boost investment and reduce the economy's reliance on consumption.
Indonesia had touted the law to try to lure foreign investors, citing related structural changes in the Indonesian economy that have seen measures introduced to relax labour rules, reduce red tape and speed up permitting.
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