TAG: Indonesia
As Indonesia gears up for Presidential polls in 2019, Oxford Business Group’s recent CEO survey of Jakarta-based executives showed that corporate decision-makers remain upbeat despite the country’s vulnerability to capital flight.
In an era marked by rapid technological innovation and turbulence in the global trade environment, China’s ascendance to superpower status is having a profound impact on emerging markets the world over, and nowhere more so than in South-east Asia.
The broadly positive outlooks highlighted in the latest OBG Business Barometer: ASEAN CEO Survey indicate that ASEAN’s mix of aspirational consumers, digital natives and abundant natural resources continues to hold the promise of high returns. One factor that could nevertheless prevent the region from reaching its full potential is the significant skills gap observed in each country. Wholesale changes to national curricula may thus be in order, so that the emerging ASEAN economies can successfully cultivate the next generation of entrepreneurs and business leaders with the vision to drive inclusive, sustainable growth.