Market Pulse: Negative Tradition of the Fourth Quarter
Be prepared, for in the Q4-2017 Indonesias economy will go back into a slowing cycle. This pattern has long been a tradition. Every year, in the fourth quarter, Indonesia always experiences negative economic growth. The problem is, this time the situation could be worse if we look at tax earnings until September.
At least, this is the concern among the business community. Government tax earnings as of September have…
In contrast with his usually modest demeanor, President Joko Widodo touted the success of his administration in building infrastructure projects. While officially launching the Mandalika Special Economic Zone for Tourism in Central Lombok, West Nusa Tenggara, on October 20, he said that the project was able to go forward thanks to a breakthrough of his doing. "Mandalika has been incomplete for 29 years due to the matter of securing the needed land," said Jokowi.