Economy

The rapid expansion of business has changed our 21stcentury economic landscape for the better. Governments will remain important in formulating economic policies but, without the help of the private sector, we might not be able to provide more jobs for our citizens. We know that whatever country one comes from, the top national and local agenda...

The Chinese economy has remained consistently strong as we focus on reforms and liberalisation, and we are confident of maintaining this momentum going forward.

With economic growth slowing, inflation rising and the currency weakening, Indonesia has some tough macroeconomic challenges ahead. However, the government has responded to the situation with a variety of monetary and fiscal policy tools, including raising interest rates while at the same time rolling out fiscal stimulus measures.

While foreign direct investment (FDI) has sustained 22% average annual growth over the past six years, according to statistics from HSBC, the composition of investment has broadened beyond the traditionally dominant extractive industries. As part of a regional rebalancing of FDI, the focus of investment into Indonesia is shifting from purely...