I am just speculating from the information from Indonesia Investment Ministry that there is one car manufacturing company from SEA wanting to invest in Indonesia to build battery factory for EV, we only has Malaysia and Vietnam which has big car makers
What is your take on Turkish 12 % inflation (2020) and Iran 54 % inflation (2020) ?
Do you think this is due to money printing from Central Bank that make too much money on the circulation that is not back with production and productivity ?
For information, in the past there is huge inflation...
We continue our bilateral meetings before the G20 Trade and Investment Ministers meeting. We met with Indonesian Trade Minister Mohammed Lutfi. We held consultations to increase the trade volume between Turkey and Indonesia and to further strengthen our commercial relations.
Erdogan also doesnt like weak Lira, his main focus only lower interest rate
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Kucuk was also opposed to the contentious policy of selling off the bank’s foreign currency reserves in a doomed bid to prop up the lira, the banker added. The...
I dont know whether the budget proposal will be approved or not by the economic team, I only know budget proposal has been send and that is the detail of the composition where the fund will go. Despite that, of course I will not reveal something that should not be revealed in public.
I am just...
Maybe Turkey want to get lesson from Indonesia. After we were struck with Asian Financial Crisis in which the hardest blow was in 1997 until middle of 1998 (Soeharto resign and Habibie economic formula (+the help of Allah) bring Rupiah to stability and much higher value compared to when Rupiah...
The funding proposed to Minister of Finance regarding to KF21/IFX is not only for payment, but infrastructure in Indonesian Aerospace for IFX production and assembling facility, and also separate R&D program run by Indonesian only to catch up with fighter technology.
Vietnam FDI is still lower than Indonesia though. Actually IMF has projected Indonesia to reach 5.9 % growth next year, that is a good growth already.
Vietnam geographical location is very attractive since it is next to China and it is also ruled by authoritarian administration, basically their...
The site is under tight control of the moderators there, not easy to comment there, even we cannot make a speculative comment based on our analyst like what I had argument against Ananda and OPSSG (Singaporean moderator) that Indonesia can still buy Russia equipment if it is not big ticket one...
I am permanently banned there since I am the only member there that some time has heated debate with Ananda and he is protected by Mods. I dont want to create another account there, despite I never attack Mods there but I am banned because they dont like what I write
Nope, that is just your claim, I know very senior engineer of KF/IFX program and also the junior one and has long talk about the program with the very senior one. You even dont know TOT of Rafale detail.
The fact is if KF21/IFX program is inshaAllah successful then it will likely close many...