Indonesia poised for rapid transformation | Bangkok Post: business

Business >

Indonesia poised for rapid transformation

  • Published: | Viewed: 2,722 | Comments: 0
  • Newspaper section: Business
  • Writer: Bangkok Bank
- +

Indonesia has become a magnet for investment and we are seeing many foreign firms, including Thai companies, rush to establish a beach-head there. 

There are many good reasons for this such as the country's large labour force, the huge potential of its domestic market and an abundance of natural resources. Given these advantages, it is hardly surprising that Indonesia has attracted a large flow of foreign direct investment and its gross domestic product has increased by 50% in the past seven years.

Naturally Bangkok Bank's customers, both in Thailand and from our overseas branches, are very interested in Indonesia. We agree that there is huge potential, and in response to the demand of our customers we are opening a second branch there, in Surabaya.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments