Brief honeymoon
Article Abstract:
IndonesiaEs President e lect Susilo Bambang Yudhoyono was greeted with an unprecedented hike by the Jakarta Stock Exchange index. Yudhoyono won the elections with 61% votes in his favor and the foreign direct investments in the country have also risen by 24%. However, Yudhoyono now has the unpleasant task of taking stern measures to curtail the large deficit, which will include raising the domestic fuel prices.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 2004
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Upward roll
Article Abstract:
The Indonesian stock markets are booming. Increased domestic consumption coupled with lower interest rates are the prime reasons behind the boom. The likely election of a market friendly president has also contributed significantly.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 2004
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Banking: Islam's edicts
Article Abstract:
Evolution of the Islamic banking system in Indonesia is described. Overall, a total of 94 sharia banks have opened with almost $300 million in deposits.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 2004
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