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ECONOMIC PROFILE
BUSINESS
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FINANCIAL WEBLOG
Random thoughts on
Reksadana, Economics, Finance
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Indonesia Investment Business Forum
a business facilitation forum where the International Investors/Business Practitioners will have
a series of business meetings and events with Regional (and National) Decision Makers, as well as Business Entities.
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Business in Asia - Why Indonesia?
Indonesia is a rich, ethnically diverse island state with a very large population.
Internal markets for consumer goods are large and offer opportunities for many consumer goods firms. Indonesia
has a large and well developed petroleum industry that adds to government wealth. Indonesia is just starting to
emerge from the crony capitalism that has existed for most of the time since independence.
Wage rates are relatively low and if social stability can be maintained the
opportunities for profitable investment will be significant.
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Business & Investment
Opportunities in Indonesia
In more recent decades Indonesia has seen major investments by
large multinationals, small businessmen and individuals.
This page will highlight selected business opportunities in Indonesia
open to both expatriates and Indonesian nationals.
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Doing Business in Indonesia
Investment Climate, Discipline, Take your time, Contracts,
Maintenance, Be Seen, Procedures, Personal Relationships, The Unseen
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Indonesia Trade and Investment
Indonesia offers trade and investment opportunities in energy, oil and gas, petrochemicals and chemicals, mining,
property, telecommunications, security, automotive, finance, and travel and tourism.
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Expatriate Forums in Indonesia
The Indonesia Expats Online Community Resources & Forums
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CNBC Slideshow - February 12, 2009
House of Cards Slideshow
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House
of Cards VIDEO
House of cards - Alan
Greenspan (Conclusion)
CNBC Original Documentary "HOUSE OF CARDS"
Uncovers The Reasons Behind The Greatest Financial Collapse
Since The Great Depression
How Did It Happen And Why Did This House Of Cards Come Tumbling Down?
CNBC presents the definitive report on the defining story of our time.
CNBC correspondent David Faber investigates the origins of the global economic
crisis, with first person accounts from home buyers, mortgage brokers,
investment bankers and investors – most of whom let greed blind them, leading
to the greatest financial collapse since the Great Depression
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CNBC slideshow : Scam of the Century
Bernie Madoff & the
$50 Billion Heist
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Indonesia’s economy on track, says World Bank
Nani Alfrida , The Jakarta Post , Jakarta | Fri, 01/29/2010
Indonesia’s economy has returned back on track following a period of lower growth last year due to the global economic
crisis.
World Bank economist Timothy Bulman said in Jakarta on Thursday that the country’s economy is almost ready to return
to the boom conditions prior to the 1998 financial crisis, when GDP growth often reached between 7 percent and
8 percent.
“The real economy has returned back to solid growth,” he told a seminar of the Institute for Development of Economics
and Finance (INDEF).
The World Bank estimates the growth rate would increase to 5.6 percent this year, and to 6 percent in 2011 up from
4.5 percent in 2009. The bank is also upbeat that the country’s anticipated export volume is expected to return
to pre-crisis levels during 2010, as the world economy gradually recovers and commodity prices rise.
Timothy suggests Indonesia creates a more conducive investment climate to attract both foreign and local investors,
so that investment activities could contribute more significantly to the country’s economic growth.
“Indonesia has to be more aggressive in facilitating domestic and foreign investment.” Timothy said.
According Timothy, besides investments, Indonesia is ready for and needs breakthroughs like easing transport and
logistic bottlenecks and connecting Indonesia’s domestic market and the regions.
Speaking at the same event, Ikhsan Modjo, the executive director of INDEF, agreed that the Indonesian economy had
almost fully recovered from the crisis.
But, he warned much work still had to be done by the government to maintain upward trends, because inappropriate
policies would undermine progress.
Ikhsan mentioned that wrong handling of negative impacts from the much criticized ASEAN China Free Trade Agreement
(ACFTA) could drag down GDP growth.
“The government had to lower its entry barriers and operating costs. It has also to improve trade facilitation
as well as to control the proliferation of non tariff barriers,” he said.
The government expects the GDP growth to increase to 5.5 percent this year.
However in order to achieve the target of bringing economic growth up to above 6 percent per year within the next
five years, the government had to take more positive steps.
The government has finished drafting the second National Middle Term Development Plan (RPJMN) for 2010-2014. The
blue print will be officially launched on Feb. 3.
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editor indonesia-pusaka
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Sukarno Years
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PT Mitra Bina Talenta
Total Human Capital Solutions
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Consulting Services
Outsourcing Services
Training & Development
Human Capital Information Systems Provider
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www.binatalenta.com
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