Indonesia: OIC's first Trillion Dollar Economy

[Viet]

Lol, stupid to the max. You should doing lobotomy ops to see if you still got some brain left

Nationalism drive toward greatness, just look at where US of A standing right now. Patriotism and Nationalism sentiment drive their country toward greatness and many American population put their country first above individualism, even when they are doing meaningless war for decades there still large number population joining the Army. And our religious side is just more like US with their Protestan value, they even put Chaplan at most Public services department like Fire department, Police and Healthcare facilities meanwhile we are not like that

Sis what’s happening in the US under Trump administration is egoism aka America First not nationalism. Indonesia, Turkey, China practice nationalism. Pls learn the difference.

Vietnam policy toward America will be less friendly if nationalism is the motive that drives the US politics.

 

[Ultima Thule]

Sis what’s happening in the US under Trump administration is egoism aka America First not nationalism. Indonesia, Turkey, China practice nationalism. Pls learn the difference.

Vietnam policy toward America will be less friendly if nationalism is the motive that drives the US politics.

And what is you doing tell me that @Viet

 

[Mamadouso]

Yup, I am agree on you, it needs 10 more years to get sufficient weight in international politics so that Indonesia can take leadership role in OIC or at least any role that can produce significant change in OIC so it can become an effective organisation instead of lame duck one.

At least we need to have 2 trillion USD nominal GDP and 24 billion USD defense budget that can be achieved inshaAllah if we manage to nurture our economic growth within 5-6 percent for 10-12 years to come and increase tax ratio significantly. Currently we manage to grow within 5-6 percent during 2014-2018, there is hope though that we can grow into 6-7 percent after 2024 as many infrastructure program finished under Jokowi leadership. Finished infrastructure project will improve country competitiveness that in return improve investment and manufacturing out put. Our tax ratio is also still very low which means we still have much potency to increase it that in return will help government spending, especially R&D and defense budget.

Indonesia minimum essential force that I believe can be achieved at year 2030 is also vital to reach the status of great power or maybe "middle" great power. Indonesia also want to build medium range ballistic missile within 2024-2030 time frame, that in the end will automatically add our weight geopolitically. KFX/IFX program has also reach its mass production scale in 2024 inshaAllah. Our navy has also targeted to have significant power at the year 2024 as Minimum Essential Force ends. Minimum Essential Force (MEF) blueprint by 2024, which envisions the Navy to possess 10-12 submarines, 56 frigates and corvettes, and 66 patrol vessels.

Currently Indonesia is still looking inward, it only show leadership in ASEAN region. Jokowi is also not an ambitious leader in term of international politics, he only focuses on Palestinian and Rohingya issues and only want to use diplomatic means as tool to solve problem, not taking side in Libya and Suriah war just like what Erdogan and other Middle East powers do for instant. So the next 5 years will be similar just like what happen during 2014-2018. Defense spending during Jokowi term is also stagnant at 8 billion USD, he doesnt want to increase defense spending while economy is still under 7 percent growth.

After Jokowi administration ends in 2024, there is hope that Indonesia will have leader who have geopolitics ambition like Soekarno. But he needs to pump defense spending first before acting aggressive in international politics, just like what Soekarno did during 1959-1965 where he initiated Non Block movement and also have biggest air force and naval force after China in Asia.

I think it will happen, I like the Indonesian way, it is an example to others. Just quiet development and progress while others shout and scream, I hope you keep on with that and then in mid 2020s really boost the defence spending & international position and so no one will even think of threatening from any direction plus then Indonesia could have great potential for defence exports and peacekeeping forces. I think because of its size and potential it would be possible to see ID eventually selling arms to Middle East/Africa and earning great amounts rather than a Western monopoly as it is now.

 

[Chhatrapati]

Congrats.... More power to Asia...

 

[Jlaw]

Did you read the text?

“Ten years ago, Mosques were barely filled with young people and finding young girls with headscarves would be like winning a lottery. Now, young people are filling Mosques and Churches while you can find headscarved young girls on each corner of the country.”

No thanks!
That is Vietnam’s worst nightmare.

Religious nuts are the last thing we need. I hope they don’t turn to another Islamist terror export country as we have seen elsewhere.

That's an interesting take but still 1 trillion is a good achievement for a Muslim country

Ok but only on paper
just a matter of time we overtake you.

But now you are ahead of what?

Education? No
Healthcare? No
Military? No
Navy? No
Power consumption? No
Export? No
Import? No
Fdi? No

Infrastructure, foods consumption, etc? All big No’s.

Does Vietnam have free healthcare and education?

 

[925boy]

Congratulations to Indonesia setting a good example!

FOr reaaall!!
Congrats Indonesia.

 

[cochine]

@Viva_Viet @Viet where's Vietnam?
@cochine

low educated Chinese.
Vietnam war with France, USA and China was extended to 1990. we have only 30 year to rebuild our economy ... idiot chinese has 70 year ...

 

[Rayadipa]

Lol pathetic vietnam look at this data indonesia beat the shit out of you at every sector in infrastructure even though indonesia is the biggest archipelago country in the world

 

[cochine]

Lol pathetic vietnam look at this data indonesia beat the shit out of you at every sector in infrastructure even though indonesia is the biggest archipelago country in the worldView attachment 564881

one mỏre idiot kid.

Vietnam war from 1945 ... is up to 1990 and embargo of the wests extended up tol 1996. Infrastructure in Vietnam is destroyed fully by Frane, USA and China. Do you know that ?

 

[Viet]

Does Vietnam have free healthcare and education?

Not free. we are not Saudi sheik, not sitting on oil wells, and Chinese clowns harass us everyday and everywhere.

 

[Nike]

Four Indonesian SOEs on Forbes' list of world's largest public firms
13th Jun 2019 21:07

Jakarta (ANTARA) -
Four Indonesian State Owned Enterprises (SOEs), including PT Bank Rakyat Indonesia, PT Bank Mandiri, PT Telekomunikasi Indonesia, and PT Bank Negara Indonesia, have been placed on the list of the world's largest public companies in 2019 by Forbes economic magazine.

Forbes released a list of some 2,000 of the largest global public companies in the world in 2019. Those listed companies are from 61 countries and selected based upon criteria, such as the size of market capitalization, sales or income, profits, and assets in 2018.

"I am proud that four of our state-owned enterprises made it onto the list of the largest public companies in the world by Forbes magazine. This Forbes ranking shows that Indonesia's SOEs are highly competitive, compared to other top global companies," SOE Minister Rini Soemarno said here on Thursday.

Minister Rini noted that the recognition from the international world for the performance of Indonesia's SOEs reflects the consistent efforts of the SOEs to realize their long-term vision, particularly as excellent service providers.

On the list, Bank Rakyat Indonesia (BRI) occupied the 363rd position. As one of the largest banks in Indonesia, it has a market cap of US$ 38.8 billion. Established in 1895, BRI focuses on financing micro and retail businesses, especially MSMEs.

BRI's revenue reached US$ 9.4 billion. In addition, the bank made a profit of US$ 2.3 billion and has assets of US$ 90.2 billion.

Meanwhile, Bank Mandiri has reached the 481st ranking. It has been operating specifically to finance corporate enterprises, as well as the commercial and business sectors.

Bank Mandiri recorded revenues of US$ 8 billion, with a profit of US$ 1.8 billion and assets worth US$ 83.6 billion, while its market cap reached US$ 25.9 billion.

PT Telkom Indonesia, which is the largest telecommunications company in Indonesia, is ranked 747th. Telkom's revenue reached US$ 9.4 billion, with a profit of US$ 1.3 billion and assets worth US$ 13.8 billion. Its market cap reached US$ 27.2 billion.

Additionally, Bank Negara Indonesia (BNI), which is at number 835 on the Forbes' list, reported revenues of US$ 4.9 billion and profits of US$ 1.1 billion. The bank also has assets valued at US$ 56.2 billion, with a market capitalization of US$ 13.1 billion.

Minister Rini further argued that the achievement of those four SOEs is inseparable from the strong efforts, hard work, and positive synergy developed by all of Indonesia's SOEs through the vision "One Nation, One Vision, One Family, to Excellence".

She emphasized that this positive performance of SOEs will be maintained and increased so that all of Indonesia's SOEs can continue to serve the nation and become agents of development that focus on improving the welfare of the people.

(INE)
Editor: Suharto

COPYRIGHT © ANTARA 2019

 

[Viet]

You have admitted that Chinese is happily to change your phenotype to black . bravo. In future president of China could be look like Obama.

https://www.scmp.com/magazines/post...marriages-boom-guangzhou-will-it-be-til-death

and your mother is working here, so that your father doesn't belive that you are son of your father... do you know why

Interesting development

I plan to travel to Africa for adventure. Seems I can travel to China instead.

 

[Senang Diri]

Yup, I am agree on you, it needs 10 more years to get sufficient weight in international politics so that Indonesia can take leadership role in OIC or at least any role that can produce significant change in OIC so it can become an effective organisation instead of lame duck one.

At least we need to have 2 trillion USD nominal GDP and 24 billion USD defense budget that can be achieved inshaAllah if we manage to nurture our economic growth within 5-6 percent for 10-12 years to come and increase tax ratio significantly. Currently we manage to grow within 5-6 percent during 2014-2018, there is hope though that we can grow into 6-7 percent after 2024 as many infrastructure program finished under Jokowi leadership. Finished infrastructure project will improve country competitiveness that in return improve investment and manufacturing out put. Our tax ratio is also still very low which means we still have much potency to increase it that in return will help government spending, especially R&D and defense budget.

Indonesia minimum essential force that I believe can be achieved at year 2030 is also vital to reach the status of great power or maybe "middle" great power. Indonesia also want to build medium range ballistic missile within 2024-2030 time frame, that in the end will automatically add our weight geopolitically. KFX/IFX program has also reach its mass production scale in 2024 inshaAllah. Our navy has also targeted to have significant power at the year 2024 as Minimum Essential Force ends. Minimum Essential Force (MEF) blueprint by 2024, which envisions the Navy to possess 10-12 submarines, 56 frigates and corvettes, and 66 patrol vessels.

Currently Indonesia is still looking inward, it only show leadership in ASEAN region. Jokowi is also not an ambitious leader in term of international politics, he only focuses on Palestinian and Rohingya issues and only want to use diplomatic means as tool to solve problem, not taking side in Libya and Suriah war just like what Erdogan and other Middle East powers do for instant. So the next 5 years will be similar just like what happen during 2014-2018. Defense spending during Jokowi term is also stagnant at 8 billion USD, he doesnt want to increase defense spending while economy is still under 7 percent growth.

After Jokowi administration ends in 2024, there is hope that Indonesia will have leader who have geopolitics ambition like Soekarno. But he needs to pump defense spending first before acting aggressive in international politics, just like what Soekarno did during 1959-1965 where he initiated Non Block movement and also have biggest air force and naval force after China in Asia.

Mostly dreams.

Here is news on your Minimum Essential Force.

https://www.thejakartapost.com/academia/2016/09/27/time-to-rethink-indonesias-submarine-dreams.html

Time to rethink Indonesia's submarine dreams
IGB. Dharma Agastia

https://thediplomat.com/2018/08/whats-next-for-indonesias-submarine-program/

Even taking into account that full order, with the Type 209s expected to be decommissioned soon, Indonesia would still be well short of the 12 submarines Indonesian defense officials have said the country needs to police its waters. While there have been attempts to address this significant gap over the years with talk of the mulling of new submarine purchases from various sources, there has also been a recognition that
Jakarta will probably remain far short of that 12 submarine requirement for years to come.

IQ scores, PISA scores, nonself citations per capita in STEM disciplines, high tech exports per capita, TIMSS scores, don't all lie.

No ASEAN country barring Singapore (excl oil rich Brunei) has escaped the middle income trap, not immensely resource rich nations like Indonesia, Malaysia, Vietnam or the other ASEAN members.

Even China has yet to escape that trap.

Many Latin American countries have been ensared in that trap for decades and their outlooks have not been worse than Indonesia in any way. They are more developed countries than Indonesia across the board. In terms of education, infrastructure, science or technology output per capita. GDP per capita and what have you.

Stop deluding yourself. Nobody considers Indonesia a leader of ASEAN.

Look at the Rohingya crisis. Look at the SCS. There is no effective ASEAN response. The whole idea of ASEAN as a coherent body does not depict reality and here you are dreaming about Indonesian leadership. As if any ASEAN member would accept Indonesia, reliant on maid and natural resources exports, as a leader of ASEAN.

You can't even provide adequate nutrition, sanitation, electricity, education, healthcare for your citizens yet.

And here you are daydreaming about international leadership. IQ scores really don't lie.

Congrats brothers!

If some of you knew what went on in Bali, Jakarta or Batam where Singaporean elderly men go to relieve themselves of stress, I doubt you would be elated about this supposedly "Islamic brother" of yours.

Rubbish!

Looks like you are another teenager.

GlobalfirePower?



seasia.co? That is "Good News from Indonesia"?

Fertility rates.

And a bunch of other irrelevant indices.

Goes to show PISA scores, TIMSS scores, IQ scores, nonself citations per capita, high tech exports per capita etc don't lie.

That's an interesting take but still 1 trillion is a good achievement for a Muslim country

I doubt most of our Muslim friends here would classify Indonesia as Muslim if they knew what went on in Bali, Jakarta, Batam and elsewhere across Indonesia.

They have the world's 4th largest population.

Every country with more than 250 million people have crossed that $1 trillion threshold earlier. If you didn't know, that amounts to a mere $4,000 GDP per capita a year.

I'm sure the Arab world despite all the troubles and wars for decades has a much bigger economy than Indonesia.

Indonesia is not special in anyway amongst the Muslims either. It's just that it's the biggest OIC country, by population.

And benefited from its location next to Singapore, Australia and from being a member of ASEAN. Much like Malaysia, as well.

 

[nufix]

Mostly dreams.

Here is news on your Minimum Essential Force.

https://www.thejakartapost.com/academia/2016/09/27/time-to-rethink-indonesias-submarine-dreams.html



https://thediplomat.com/2018/08/whats-next-for-indonesias-submarine-program/




IQ scores, PISA scores, nonself citations per capita in STEM disciplines, high tech exports per capita, TIMSS scores, don't all lie.

No ASEAN country barring Singapore (excl oil rich Brunei) has escaped the middle income trap, not immensely resource rich nations like Indonesia, Malaysia, Vietnam or the other ASEAN members.

Even China has yet to escape that trap.

Many Latin American countries have been ensared in that trap for decades and their outlooks have not been worse than Indonesia in any way. They are more developed countries than Indonesia across the board. In terms of education, infrastructure, science or technology output per capita. GDP per capita and what have you.

Stop deluding yourself. Nobody considers Indonesia a leader of ASEAN.

Look at the Rohingya crisis. Look at the SCS. There is no effective ASEAN response. The whole idea of ASEAN as a coherent body does not depict reality and here you are dreaming about Indonesian leadership. As if any ASEAN member would accept Indonesia, reliant on maid and natural resources exports, as a leader of ASEAN.

You can't even provide adequate nutrition, sanitation, electricity, education, healthcare for your citizens yet.

And here you are daydreaming about international leadership. IQ scores really don't lie.



If some of you knew what went on in Bali, Jakarta or Batam where Singaporean elderly men go to relieve themselves of stress, I doubt you would be elated about this supposedly "Islamic brother" of yours.




Looks like you are another teenager.

GlobalfirePower?



seasia.co? That is "Good News from Indonesia"?

Fertility rates.

And a bunch of other irrelevant indices.

Goes to show PISA scores, TIMSS scores, IQ scores, nonself citations per capita, high tech exports per capita etc don't lie.




I doubt most of our Muslim friends here would classify Indonesia as Muslim if they knew what went on in Bali, Jakarta, Batam and elsewhere across Indonesia.

They have the world's 4th largest population.

Every country with more than 250 million people have crossed that $1 trillion threshold earlier. If you didn't know, that amounts to a mere $4,000 GDP per capita a year.

I'm sure the Arab world despite all the troubles and wars for decades has a much bigger economy than Indonesia.

Indonesia is not special in anyway amongst the Muslims either. It's just that it's the biggest OIC country, by population.

And benefited from its location next to Singapore, Australia and from being a member of ASEAN. Much like Malaysia, as well.

What is this? A crossover episodes?

 

[Brainsucker]

why you had mentioned me to here, idiot kid ?. Before open your mouth pls check on that how your mother suck p.nik of African in China.

Wow, this is actually a Racist statement. What wrong with a Chinese woman marrying an African man? Do you hate African people so much, or think that they're way-way inferior to Vietnamese?

@waz, @Dubious, please check this racist statement.