Given my last post and as further reminded by an article at Stockerblog.com, we should keep Indonesia in the back of our minds. I am personally less than bullish on the specific companies mentioned in the article, but I do believe that Indonesia – as a market and opportunity – is often unfairly “penalized” or “ignored” by mainstream investors who conjure up images of tsunami destruction, Bali bombing chaos, or post-Suharto political confusion when they hear the country’s name mentioned. As Stockerblog.com notes,

1. It has the fourth highest population in the world.
2. Major products include petroleum, natural gas, textiles, apparel, minerals, palm oil, rice, tea, coffee,   spices, and rubber.
3. It is number 21 of all countries in terms of gross domestic product.
4. They are number 15 in terms of GDP by Purchasing Power Parity.
5. It is is Southeast Asia’s only member of OPEC.
6. They had a a trade surplus in 2005.
7. It is a republic, with an elected president and parliament.

Seems to me that we should look into PT Pertamina a bit more. Stay tuned.