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Jakarta Post

Better made in Indonesia

  • Andreas Diantoro

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PREMIUM
Jakarta   /   Sat, January 11, 2020   /  01:07 pm
Better made in Indonesia Visitors look at exhibits at Pamerindo’s Manufacturing Indonesia exhibition at Jakarta International Expo, Kemayoran, Jakarta, on Wednesday, Dec. 4. (JP/Arief Suhardiman)

Indonesia is highly regarded as a decacorn hotbed. But the country has a lot more to offer the world and make its name known, as the small “made in Indonesia” label often found on the back of exported products can be mightier than it seems — much like the small and medium enterprises (SMEs) that hold the key to differentiating Indonesia as it becomes one of the world’s largest economies by 2050. Business optimism is on the rise in Indonesia, with 98 percent of companies expecting to grow in the next one to two years, surpassing global sentiment (79 percent) according to HSBC’s recent survey of over 2,500 companies worldwide. Whether this is due to the fact that Indonesia has seen the stellar rise of several decacorns in the past three short years or subject to the confidence of its government, the market seems ready to push forward. Indonesia is tod...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.