While many are relieved to see a trade surplus for Indonesia in August 2019, the picture does not look too positive when we delve a bit deeper in the data, and shows that global conditions are far from positive amid contracting international trade and subdued global economic growth (with ongoing tariff tensions between the United States and China being a key issue).
Update COVID-19 in Indonesia: 4,248,165 confirmed infections, 143,545 deaths (06 November 2021)
6 November 2021 (closed)
Jakarta Composite Index (6,581.79) -4.66 -0.07%
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
The Business Columns section of Indonesia Investments provides in-depth columns that exhibit an analysis regarding subjects that are both important for understanding the Indonesian business climate and have high news value in the current state of Indonesia's economy. As a whole these columns should provide the reader a thorough and detailed picture of multiple Indonesian business sectors and be a source of ideas or inspiration to invest - or not to invest - in specific sectors of the Indonesian economy.
An alarming report was released by the World Trade Organization (WTO) on 1 October 2019. In the report the WTO notes that ongoing global trade tensions, led by tariff troubles between the United States and China, are doing harm to global economic growth in ways not seen since the financial crisis one decade ago.
Constructing a comprehensive outlook of a country’s political and macroeconomic climate requires a firm grasp on the nature of general labor, employment, and the trajectory of the labor-market. Such an endeavor is especially important in considering Indonesia, which again finds itself at a juncture in labor-market development. Questions over a ‘demographic dividend’ are emanating amid new budgetary propositions, waning consumer confidence, and the post-election tempering of popularized radical politics.
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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.