Indonesia Economy Forum

[Nike]

Railway stations in Jakarta

Cikini Station

Palmerah Station

Tanjung Priok Station

Gambir Station

Senen Station

Jakarta Kota Station

 

[nufix]

Unbelievable that your GDP per capita is still below USD4k ...only 1/3 of ours ..

Based of that figure your are still being classified as a poor or low income country ..

learn economics, no wonder Malay is now stuck. Fix your 1MDB first lol

 

[Nike]

Malaysia becomes developed country in 2020. When will Indonesia be a developed country?

Dont count Chicken before hatching.

 

[Bungaterakhir]

BATU CEPER Station - ARS Raillink

Indonesia overtakes Brazil economy faster than people thought. From this projection earlier, we were told that Indonesia would overtake Brazil in the seventh spot by 2021

Turn out it was last year
GDP PPP 2017

Columns:
C -> GDP 2016
E -> GDP 2017
I -> Quarterly growth 2017 already released (simple average)
J -> Pop. 2016
K -> GDP per capita 2016
L -> Pop. 2017
M -> GDP per capita 2017

 

[UMNOPutra]

Dont count Chicken before hatching.

Malaysia jadi negara maju menjelang 2020, kata menteri
6 Jun 2017, 5:53 pm 6 Jun 2017, 5:55 pm

Unjuran Keluaran Dalam Negara Kasar (KDNK) Malaysia yang lebih tinggi oleh Bank Dunia, mengesahkan Malaysia berada pada landasan yang betul untuk mencapai taraf negara maju menjelang 2020, jika ekonomi terus mencatat pertumbuhan kukuh secara berterusan.

Menteri di Jabatan Perdana Menteri Datuk Seri Abdul Rahman Dahlan berkata semakan semula unjuran pertumbuhan KDNK Malaysia oleh Bank Dunia itu membuktikan bahawa Malaysia berada pada landasan yang betul untuk mencapai taraf negara maju menjelang 2020.

Dasar monetari Bank Negara yang akomodatif, akan terus menyokong pertumbuhan ekonomi negara, di samping penyepaduan dasar fiskal akan mengurangkan defisit fiskal dan membantu menampan nisbah hutang kerajaan persekutuan kepada KDNK," katanya dalam satu kenyataan hari ini.

Bank Dunia mengeluarkan laporan Prospek Ekonomi Global yang diterbitkan setiap dua kali setahun semalam, dengan unjuran KDNK bagi tahun 2017, 2018 dan 2019 masing-masing disemak semula kepada unjuran yang lebih tinggi pada 0.6 peratus, 0.4 peratus dan 0.5 peratus.

Semakan semula unjuran KDNK yang lebih tinggi bagi tahun 2017 ini disumbang oleh pertumbuhan ekonomi yang kukuh pada suku pertama sebanyak 5.6 peratus, seperti yang diumumkan bulan lalu.

Selari dengan perkembangan tersebut, Bank Dunia mengunjurkan ekonomi Malaysia akan mencatat pertumbuhan 4.9 peratus berbanding 4.3 peratus yang diunjurkan dalam laporan yang sama pada Januari 2017.


Read more at https://www.malaysiakini.com/news/384749#1MxX3Id0xYBgv46g.99

=============

Malaysia Jadi Negara Maju 2020, RI Baru 2042
Oleh Agustiyanti dan Ridho Syukra

JAKARTA – Indonesia baru bisa beralih dari negara berpendapatan menengah menjadi negara berpendapatan tinggi (negara maju) pada 2042, atau kalah cepat dibandingkan dengan Malaysia pada 2020, Tiongkok 2026, dan Thailand pada 2031. Sedangkan Filipina akan menyusul Indonesia pada 2051, Vietnam 2058, dan India pada 2059.

Demikian diungkapkan Organisation for Economic Co-operation and Development (OECD) mengenai simulasi perubahan negara berkembang menjadi negara maju. OECD menyatakan, simulasi tersebut dibuat berdasarkan kriteria Bank Dunia tentang negara berpendapatan tinggi dengan pendapatan per kapita di atas US$ 12.000 pada 2013.

http://id.beritasatu.com/home/malaysia-jadi-negara-maju-2020-ri-baru-2042/73738

BATU CEPER Station - ARS Raillink

Indonesia overtakes Brazil economy faster than people thought. From this projection earlier, we were told that Indonesia would overtake Brazil in the seventh spot by 2021

Turn out it was last year
GDP PPP 2017

Columns:
C -> GDP 2016
E -> GDP 2017
I -> Quarterly growth 2017 already released (simple average)
J -> Pop. 2016
K -> GDP per capita 2016
L -> Pop. 2017
M -> GDP per capita 2017

No source is HOAX ..

 

[nufix]

Malaysia jadi negara maju menjelang 2020, kata menteri
6 Jun 2017, 5:53 pm 6 Jun 2017, 5:55 pm

Unjuran Keluaran Dalam Negara Kasar (KDNK) Malaysia yang lebih tinggi oleh Bank Dunia, mengesahkan Malaysia berada pada landasan yang betul untuk mencapai taraf negara maju menjelang 2020, jika ekonomi terus mencatat pertumbuhan kukuh secara berterusan.

Menteri di Jabatan Perdana Menteri Datuk Seri Abdul Rahman Dahlan berkata semakan semula unjuran pertumbuhan KDNK Malaysia oleh Bank Dunia itu membuktikan bahawa Malaysia berada pada landasan yang betul untuk mencapai taraf negara maju menjelang 2020.

Dasar monetari Bank Negara yang akomodatif, akan terus menyokong pertumbuhan ekonomi negara, di samping penyepaduan dasar fiskal akan mengurangkan defisit fiskal dan membantu menampan nisbah hutang kerajaan persekutuan kepada KDNK," katanya dalam satu kenyataan hari ini.

Bank Dunia mengeluarkan laporan Prospek Ekonomi Global yang diterbitkan setiap dua kali setahun semalam, dengan unjuran KDNK bagi tahun 2017, 2018 dan 2019 masing-masing disemak semula kepada unjuran yang lebih tinggi pada 0.6 peratus, 0.4 peratus dan 0.5 peratus.

Semakan semula unjuran KDNK yang lebih tinggi bagi tahun 2017 ini disumbang oleh pertumbuhan ekonomi yang kukuh pada suku pertama sebanyak 5.6 peratus, seperti yang diumumkan bulan lalu.

Selari dengan perkembangan tersebut, Bank Dunia mengunjurkan ekonomi Malaysia akan mencatat pertumbuhan 4.9 peratus berbanding 4.3 peratus yang diunjurkan dalam laporan yang sama pada Januari 2017.


Read more at https://www.malaysiakini.com/news/384749#1MxX3Id0xYBgv46g.99

=============

Malaysia Jadi Negara Maju 2020, RI Baru 2042
Oleh Agustiyanti dan Ridho Syukra

JAKARTA – Indonesia baru bisa beralih dari negara berpendapatan menengah menjadi negara berpendapatan tinggi (negara maju) pada 2042, atau kalah cepat dibandingkan dengan Malaysia pada 2020, Tiongkok 2026, dan Thailand pada 2031. Sedangkan Filipina akan menyusul Indonesia pada 2051, Vietnam 2058, dan India pada 2059.

Demikian diungkapkan Organisation for Economic Co-operation and Development (OECD) mengenai simulasi perubahan negara berkembang menjadi negara maju. OECD menyatakan, simulasi tersebut dibuat berdasarkan kriteria Bank Dunia tentang negara berpendapatan tinggi dengan pendapatan per kapita di atas US$ 12.000 pada 2013.

http://id.beritasatu.com/home/malaysia-jadi-negara-maju-2020-ri-baru-2042/73738

That is why I told you to learn economics, you are talking about two different things. GDP per capita is a measure of national prosperity from the perspective of individual wealth. GDP nominal is a measure for the wealth of a country. Indonesia is already 3 times richer than Malaysia, but Indonesians on average have lesser wealth than average Malaysian.

The term developed country/economy itself is a combination of criteria such as HDI, GDP nominal, average infrastructure level, WHICH WAS NOT something that the article you quoted was talking about. Dont try to appear smart when all you want to do is trolling.

 

[pr1v4t33r]

Indonesia overtakes Brazil economy faster than people thought. From this projection earlier, we were told that Indonesia would overtake Brazil in the seventh spot by 2021

That's GDP based on PPP valuation, we need the nominal GDP number.. please share..

 

[Lego Jangkar]

engkoh from glodok @UMNOPutra don't pretending to be malaysian
you want to provoke between both countries,it won't works

Indonesia's foreign reserves even bigger than malaysia
Indonesia's GDP per capita is $ 4050 in 2016 & malaysia $9360
Indonesia population 8 times bigger than malaysia and our GDP per capita just half of yours

 

[nufix]

engkoh from glodok @UMNOPutra don't pretending to be malaysian
you want to provoke between both countries,it won't works

Indonesia's foreign reserves even bigger than malaysia
Indonesia's GDP per capita is $ 3945 this year almost $4k & malaysia $8750
Indonesia population 8 times bigger than malaysia and our GDP per capita just half of yours

Is he sick or something? If he really is from Glodok, maybe his electronic store is in trouble. That could explain his disorders. I am actually wondering why the moderators havent done anything to such trolls. He brings no actual contributions.

 

[Nike]

Is he sick or something? If he really is from Glodok, maybe his electronic store is in trouble. That could explain his disorders. I am actually wondering why the moderators havent done anything to such trolls. He brings no actual contributions.

Traffic lah

 

[UMNOPutra]

engkoh from glodok @UMNOPutra don't pretending to be malaysian
you want to provoke between both countries,it won't works

Indonesia's foreign reserves even bigger than malaysia
Indonesia's GDP per capita is $ 3945 this year almost $4k & malaysia $8750
Indonesia population 8 times bigger than malaysia and our GDP per capita just half of yours

Please Note ya ...

https://tradingeconomics.com/malaysia/gdp-per-capita

 

[nufix]

Please Note ya ...

https://tradingeconomics.com/malaysia/gdp-per-capita

That is not even a rebuttal to his points lol. He pointed out that Malay population is 8x (close to 9x) times lesser than Indonesia and yet its per capita DP is merely 3 times bigger than Indonesia... and this is the best you can come up with? LOL go learn economics lah.

 

[Lego Jangkar]

GDP per capita 2016 by IMF & World Bank

Indonesia = $4050
malaysia = $9360

with population 8 times bigger and our GPD per capita almost half of yours... lol
lesser population is more easy to manage it, with only 30 million ppl malaysia's GDP per capita should be at the level of south korea $27.500

 

[Nike]

Chinese firm to build plastic plant in Batam

• Fadli
  The Jakarta Post
  

Jakarta | Sun, January 7, 2018 | 11:24 pm

A worker checks infrastructure in Janda Berhias Island in Batam, Riau Islands, in this file photo. Batam Free Trade Zone Authority (BP Batam) has given its first investment permit in 2018 to Chinese firm Hong Sheng Plastic Industry. (Antara/MN Kanwa)

• 
  

Batam Free Trade Zone Authority (BP Batam) has granted its first investment permit in 2018 to Chinese plastic maker Hong Sheng Plastic Industry, which is set to invest US$4 million in Batam, Riau Islands.

The company’s president director, Zheng Bo, said the factory would begin to operate no later than the end of March, as Hong Sheng had already secured all the necessary permits.

"We will produce plastic pellets in Indonesia and then export to China," he told The Jakarta Post on Friday.

Zheng Bo further said that the company relocated its factory from Vietnam to Batam because of labor issues. Batam was chosen because of its proximity to Singapore, which would ease shipments, he added.

Read also: Indonesia reorganizes Batam Port authorities
The manufacturing facility to be set up in Batam will be able to produce 50,000 tons of plastic pellets annually. It will employ 190 workers, 150 of which will be Indonesians, while the rest will be Chinese.

The number of local workers could be increased, the company said, when they were able to take over jobs handled by their Chinese counterparts.

BP Batam head Ady Soegiharto said Hong Sheng’s move indicated the enduring attractiveness of Batam, which could be reached in an hour by ferry from Singapore, for foreign investors.

"This is a good sign for us in Batam, because it shows that foreign players still see Batam as a promising place to invest," he said.

Ady added that two other China companies with plans to invest up to $10 million each were applying for business permits from the authority.

The Batam office of the Investment Coordinating Board (BKPM) recorded that Batam welcomed investment totaling $1.1 billion throughout 2017, more than double the $471 million recorded in 2016. (srs/lnd)

http://www.thejakartapost.com/news/2018/01/07/chinese-firm-to-build-plastic-plant-in-batam.html

 

[pr1v4t33r]

East Asia’s rising star

At the World Bank Group’s annual meetings in Washington DC in October, there was notable optimism in anticipation of an upswing in the global economy. The International Monetary Fund’s latest World Economic Outlook projects that global growth will accelerate to 3.6% in 2017, and to 3.7% in 2018. Not surprisingly, investment, trade, industrial production, and business and consumer confidence have continued to increase in several key economies and regions.

Indonesia intends to capitalise fully on this upswing. In 2017, it consistently posted a respectable growth rate of around 5%—better than most emerging economies—owing to increased investment and consumption, and a recovery in exports, partly due to the pick-up in commodity prices. In fact, exports are becoming an increasingly reliable third engine of growth for the country.

Better still, Indonesia’s macroeconomic indicators are sound. The country is experiencing solid growth in new jobs and real wages, and low and stable inflation of around 4%. Moreover, food prices are steady, consumer confidence is strong, interest rates are low, and the exchange rate has remained consistent. Domestic and foreign direct investment have been picking up, too, thanks to increased infrastructure spending.

These positive trends have added momentum to ongoing reforms. After all, the best time to mend one’s roof is when the sun is shining. Accordingly, President Joko Widodo’s government is pushing ahead with key measures that will create a strong foundation for higher long-term competitiveness. And alongside structural reforms, we are pursuing prudent fiscal and monetary policies, with our sights set well beyond the horizon.

The proof of Indonesia’s progress is in the pudding. Indonesia has gained growing international recognition, with three major rating agencies having issued the country an investment-grade credit rating. According to an OECD/Gallup poll, 80% of Indonesians have confidence in the national government—the highest among all countries surveyed.

Moreover, Indonesia’s standing in the World Bank’s ‘Ease of Doing Business’ ranking has skyrocketed 34 places since the current government took office in 2014. Owing to its improved business and investment climate under President Joko Widodo’s leadership, Indonesia has been named a top-10 reformer.

Towards the end of 2017, the Indonesian parliament approved a robust 2018 national budget, which aims to boost confidence further, increase productivity, and enhance the country’s competitiveness. For the past three years, the government has pushed hard to invest in the future by closing the country’s infrastructure and human-capital gaps. The new budget will continue that work by increasing investments in both areas to unprecedented levels.

Even more than our natural resources and strategic location, our people are the most precious assets of all. As the world’s fourth most populous country, Indonesia has a large and vibrant young workforce that will fuel inclusive growth well into the future. Indonesian millennials are more connected, creative and confident than any previous generation. They are our future entrepreneurs, job creators, professionals, civil-society leaders and taxpayers. And they are already competing vigorously in the digital economy, where technological innovations will continue to introduce new opportunities and challenges.

The next generation will have to start preparing today for the jobs and opportunities of tomorrow. To that end, the government has placed special emphasis on investments in human capital. More than 20% of the 2018 national budget is allocated for education and vocational training, and another 5% is dedicated to the health sector.

Furthermore, the government is providing support for the country’s poorest and most vulnerable communities. Through social safety nets, cash transfers, cash-for-work programs and other innovations, we are lifting people out of the vicious cycle of poverty. The government’s flagship ‘Indonesia Pintar’ education program will ensure that around 20.3 million school-age children stay in school. The ‘Indonesia Sehat’ health initiative is expanding access to basic health services for the masses. And large-scale microcredit programs have been introduced to kick-start local economies.

With more than 17,000 islands spread over three time zones, Indonesia is the world’s largest archipelago. Fortunately, ongoing investments in infrastructure will leave the economy more interconnected than it has ever been. As logistical costs fall and efficiency improves, we will likely see the emergence of new growth centres beyond the main islands.

Lastly, the government is working hard to strengthen Indonesia’s institutions. We have introduced a comprehensive tax-reform plan to make collection more effective, and to broaden the tax base. And we are taking steps to ensure financial inclusion, and to improve trade and investment policies, all of which will fuel competitiveness.

Any businessperson or investor who overlooks Indonesia risks missing out on the opportunities offered by a global economic success story. As a member of the G20, Indonesia is the largest economy in Southeast Asia, and on its way to becoming the fifth-largest economy in the world by 2030. When Indonesia thrives, everyone benefits.

Indonesians are doing their part to contribute to the dynamism of East Asia. As the Indonesian economy continues to gain momentum, so, too, will the current government’s efforts to establish a strong foundation for the future.

https://www.aspistrategist.org.au/east-asias-rising-star/