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Indonesia tops survey on business optimism
Managers in Southeast Asia’s biggest economy are upbeat about 2022 growth prospects, a survey by business consultancy Grant Thornton shows.
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An office worker looks out from a balcony. Businesspeople in Indonesia are the most optimistic about revenue growth in the next 12 months, according to a recent survey by Grant Thornton in 29 countries. (Shutterstock/File)
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usinesspeople in Indonesia are particularly upbeat about what lies in store for them, according to a recent survey conducted by business consulting firm Grant Thornton.
The survey results published in the Grant Thornton International Business Report (IBR) show that 87 percent of business owners in Indonesia expect their revenue to increase in the next 12 months.
That suggests Indonesian businesspeople are more optimistic than their peers in all of the other 28 countries assessed in the survey.
In Vietnam, 82 percent of business owners foresaw rising revenue next year, while 80 percent expressed that view in India.
“Next year, the government can consider rolling out more fiscal policy [support], such as economic incentives for the business world to increase people's purchasing power,” Grant Thornton Indonesia CEO Johanna Gani said in a press release on Tuesday.
The Finance Ministry, Bank Indonesia (BI) and the Indonesian Employers Association (Apindo) have estimated that the country’s GDP growth will pick up in 2022 to a rate between 4 and 5.5 percent.
Read also: Indonesia's economic recovery goals pushed back to 2022
