Update COVID-19 in Indonesia: 497,668 confirmed infections, 15,884 deaths (23 November 2020)
23 November 2020 (closed)
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According to a recent survey of Schroder Investment Management Indonesia, subsidiary of the British multinational asset management firm and a leading independent international asset management and private banking group, Indonesian investors feel more confident to invest in Indonesia in 2014. Director of Schroder Indonesia Michael Tjoajadi stated that confidence of Indonesian investors has increased due to improving economic conditions and the long-term prospects of Southeast Asia's largest economy.
According to Tjoajadi, around 46 percent of respondents of the Schroders' survey are willing to invest money in Indonesian stocks, bonds, property, commodities and retirement funds. Most popular investment objects are gold, followed by stocks and property. About 26 percent of respondents answered to prefer saving money on bank accounts.
However, the survey also indicated that Indonesian investors are still concerned about Indonesia's current high inflation rate (7.75 percent year-on-year in February 2014 although showing an easing trend), high taxes, and the slowing economy (GDP growth of 5.78 percent in 2013, down from a growth pace of 6.23 percent in 2012).