BUSINESSJul 27 · 00:00 UTCSCMP CHINAKolette Lim

Why Indonesia needs legal trust, not tax cuts, to build a finance hub

Indonesia is shifting focus from tax cuts to legal trust to build its first international finance hub, as analysts highlight the importance of legal certainty and regulatory stability for attracting investors. Lawmakers recently passed a law to advance this project.

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Indonesiaplaceinternational finance centretopiclegal trusttopicTax cutstopiclawmakersorganizationAsia’s most successful international financial centrestopic

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