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Timing is critical for investments, as the right investment can alter the fate of the financial position. The largest workforce today known as the Millennials has access to simple ways of accumulating wealth using simple ideas. The question is how to start and sustain a plan that will result in long term success.
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Palm oil ranks among the most important agricultural commodities of Indonesia as this country is the world’s biggest producer of palm oil. This implies that Indonesia generates important foreign exchange earnings from palm oil exports and is a source of income for millions of workers on the plantations.
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Many Asian countries have a reputation for being tech-savvy and developing new and interesting technologies as well as supplying the whole world with components and products. A few sectors are standing out as growth champions, and each Asian country has its own focus when it comes to industry and business. These industries are riding waves of technological change and making a huge impact in the East (and beyond).
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When thinking about the future, investing is something to consider as a backup plan if financial plans do not work out. Many countries have successful economies, but it is Indonesia that has an abundance of successful industries with high levels of investment because it has one of the highest levels of economic growth in South Asia.
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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.