Indonesia's Widodo to investors: if you have a problem, call me

President Joko Widodo urged investors on Monday to come to Indonesia, promising "incredible profits" and assuring them that if they run into any problems they can give him a call. Widodo, who was elected president six months ago amid hopes that he would bring much-needed reform to Asia's fifth-largest economy, has come under fire recently for failing to deliver radical change and a series of policy reversals. Addressing a World Economic Forum meeting in Jakarta, he conceded that Indonesia now faced significant challenges, and compared them to the country's over-reliance on crude oil exports when oil prices crashed after the 1970s boom. "Today we are in the same situation," he said, referring to the push needed after the collapse of oil prices to build industries from textiles and garments to paper and palm oil.

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