Cruising On

If the analysts' crystal ball is to be believed, 2012 will be another solid year for the economy. There has been a number of encouraging developments: the upgrading of Indonesia's sovereign rating to investment grade by the global rating agency Fitch and the enactment of the long-awaited Land Acquisition Bill in the DPR. This will pave the way for much-needed infrastructure projects that have stalled because of land permits and land-use problems. In turn, foreign direct investment is expected to play a more active role in the economy, which hopefully will contribute towards reducing the worrisome, high unemployment rate.

The commentaries presented here provide informative yet interesting reading on what is to come.