Wow has it really been that long? i guess so, so here it is the second month of the new year. Jakarta is pretty much the same, the people are the same, the traffic is the same, the weather is the same. In fact the only difference seems to be how many new buildings that are appearing over the sky line.
development in Indonesia is on going at a relentless pace despite of the recent global economic problems. The last time the world had problems poor ol' Indo crashed just as bad, but not this time. Sure they are not world leaders in anything but everything is continueing in or at about the same level, projections show that growth will shrink to around 3% this year which if i remember is not that bad comparitavly. The strength of the dollar has had some what of an effect on the middle classes, but it basically just means eating one day a week less!
Anyone looking to invest the next 10 or so years should all ready be looking at asia, but dont forget to keep a weather eye on the little guy.
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