Indonesia’s power economy: between stability and growth
Views of the Indonesian economy oscillate between optimism that it is set to become the world’s next economic giant and fear of global insecurity. Such views, however, get the story…
Indonesia’s economy improvements are set to accelerate in 2018
Economic data released so far this year shows a pick-up in the growth of Indonesia's economy improvements. The government collected more taxes in the first quarter this year than it…
World Bank projections on Indonesian economy to be met in 2017
We're seeing faster economic growth, Rodrigo Chaves, the World Bank's country director for Indonesia told. The World Bank projections lauded Indonesia economy growth progress so far, crediting steady growth, growing…
Focus on high quality Asian equities
Fundamentally, earning expectations are being revides upwards, with strong double-digit growth rates in countries such as China, South Korea, India and Indonesia. Asia is still an engine for global growth:…
Indonesia-Hong Kong tourism number increased in 2017
A 11.9 percent increase from 2016. As part of this year's target to attract 15 million foreign tourists, the government is seeking to lure up to 2,453,000 tourists from Greater…
Bank Indonesia Predicts 5.1 percent growth
In the first quarter, Bank Indonesia said, the economic growth could reach 5.01 percent increase, from the fourth quarter of 2016 at 4.94 percent. This increase from the last quarter…
Why Indonesia doesn’t have to worry about a property bubble…
JPMorgan’s Tandyono said the tax amnesty will spur demand for property.
For the first Quarter of this year, Indonesia’s residential property price index rose around 1.0% on quarter. While on year, growth slowed to 4.15 percent.
Based on a recent surge in the share prices of Indonesian property developers, the market appeared to expect the money funneled abroad outside the purview of tax authorities might find its way back to the sector.
Around $200 billion of Indonesian funds that weren’t declared to tax authorities there could be stashed in Singapore alone, Reuters reported recently, citing banking sources. (more…)
