Via Bloomberg, an article on Indonesia’s quick economic growth: Five years ago, property agent Daisul Akhyar took 20 minutes to drive to work in Pekanbaru, capital of Indonesia’s Riau province. Now, he can spend two hours in traffic after a surge in wealth transformed the city. “If you live in Riau now, it’s like living […]
Read more »Via WorldCrunch, an interesting look at Indonesia: The nostalgic traveler who goes to Indonesia with the idea of walking in the footsteps of Joseph Conrad and living out their own Spice Route literary adventures will be stunned by the sheer luxury of Makassar’s airport. A symbol of Indonesia’s rapid modernization and economic growth, this city […]
Read more »Courtesy of Foreign Policy, a look at Indonesia’s investment prognosis: It is befitting that Indonesia has become the latest darling of the investment community, drawing private equity firms, retail and consumer giants, and the world’s largest automakers to its shores. Even in a depressed global economy, the world’s fourth most populated country continues to grow […]
Read more »Courtesy of The Financial Times, a report on Indonesia’s strong consumer spending: Indonesia’s economy grew by an enviable 6.2 per cent in the third quarter, in line with market expectations. With benchmark rates at a record low and exports responsible for a far smaller portion of the economy than its neighbours, Indonesia appears to have […]
Read more »Via The Financial Times, a report on Indonesia’s continued investment growth: Indonesia continues to defy the global gloom and fears about a deteriorating domestic business environment, reporting record foreign direct investment for the second consecutive quarter. Although China, India and some other emerging markets are feeling the effects of the slowdown in the west, south-east […]
Read more »Via The Financial Times, a look at Indonesia’s economic growth: During the last decade, while the world has looked to the Bric countries to deliver growth and China and India have been the main focus of attention in Asia, Indonesia has largely slipped under the radar. Were it not for China and India, though, Indonesia […]
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