Market Pulse: Being Realistic in a Gloomy End
Fortune seems not to favor Indonesia at years end. Instead, negative signals have appeared. Mother nature herself joined in testing Indonesias vigor with the eruption of Mount Agung and floods in several areas of Java and Sumatra, due to extreme weather. There is no choice: the government must be more realistic in looking at economic conditions, and take preemptive steps to face the hard times ahead.
For instance, should…
INDONESIA is now home to Southeast Asias largest herd of unicorns. At the Digital Economic Briefing hosted by Tempo two weeks ago at the Indosat-Ooredoo building, Bukalapak proclaimed itself to be worth in excess of US$1.0 billion, or around Rp13.