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Economy

Widodo wants no more 'embarrassing' bureaucracy

President Joko Widodo wants no more 'embarrasing' lengthy bureaucratic processes for investments in Indonesia, citing increasing competition with neighboring countries.

JAKARTA -- President Joko Widodo said there is no excuse for Indonesia to lag behind its neighbors in facilitating investments in the country, as its Investment Coordinating Board -- known as the BKPM -- introduced two new measures it has hailed as bureaucratic shortcuts.

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