Monday, February 06, 2006

Indonesia: sbynomic ... go go go, get back and fight back

[on flight] between houston to london

i read an economist magazine on my flight from houston to london, it shown indonesia gdp growth was about +5.3% and it was equal to malaysia and thailand, higher than philipine but singapore took a lead by +7%, while china was outstanding with +9.9%. i'm proud of the economic team of sby for this growth, but the inflation rate we were not in good shape with 17%inflation rate while other south east countries were around one digit inflation. but that because of oil price hike last year.

in fdi, china was remaining high and took a lead, while indonesia was out of scale on the chart. i saw only malaysia get high foreign investment in 2005. this meant, bkpm and other investment body in indonesia worked not well and it really impacted to manpower absorbtion in domestic. i hope government can anticipate any regulations to minimize the impact of oil price hike and any energy price hike in the future. the benefit was that we can reduced unemployment in our society, while may impact on tax return (if government gives tax holiday for new investment) in short term, but increase in the next couple year.

i was no economic background, i'm just an ordinary technical guy --- so this is what my personnel opinion after read economist report.i hope sbynomic works well in this year and after to save our people from suffering more. there is no miracle, what they need is time and support from us ... rather than we complain their performance, have you prayed for indonesia today (and that's all we can do with costless).

bravo ... sby, go for it --- save your people's life with hard work, get your people's trust with honesty, get your heaven with trustworthy leader. you can make it and i'm sure of it.

posted on the SQ 321 flight to Singapore with Connexion Boeing

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