Indonesia economy
By victor78
@victor78 (1081)
Malaysia
December 21, 2011 11:54am CST
Indonesia is having world third largest population and meaning that having a very strong internal consumption. Lots of economist saying that Indonesia will becone today China in five to eight years time. When the day come, Indonesia will continue double digit growth for several years like what China is doing now. I went to Indonesia recently and really can few that their economy is booming now. However, Indonesia share market had been tripled after recent financial crisis in 2008 and Indonesia stock consider not cheap. Will it be still good time to invest in Indonesia now?
2 responses
@veganbliss (3895)
• Adelaide, Australia
4 Jan 12
I have also heard this. Perhaps their sharemarket isn't the best place to invest right now, but if you can find something to export to them, they will buy it if they can use it! But you had better get in quick, because they are very quickly becoming self-reliant in many areas which they were previously dependent on others for.