Gross domestic product in Southeast Asia’s largest economy expanded 4.4 percent in the first quarter from a year earlier, compared with 0.4 percent in the Philippines and contractions of more than 6 percent in Singapore, Malaysia and Thailand.
Foreigners are plowing money into the nation’s stocks and bonds as the economy outperforms its regional peers on optimism President Susilo Bambang Yudhoyono will win re-election in July. The central bank cut borrowing costs on June 3 for a seventh straight month and Deputy Governor Hartadi Sarwono signaled room to reduce them again as inflation slowed to the least in 23 months. The rupiah is “still undervalued,” he said.
“The rupiah is still one of our picks because the Indonesian economy is fairly robust,” said Emmanuel Ng, an economist at Oversea-Chinese Banking Corp. in
Malaysia does not have the political infrastructure which is the structure of good laws, clear separation of powers of government and the respect of basic human rights instead we have bad and outdated laws that oppresses the people, dictatorial control and influence over all the branches of government.
Indonesia today does not have any sedition act, sodomy act, does not criminalize the printing and publication act, illegal assembly or gathering, detention without trial (isa) in short the government does not bully or oppress its own people and in fact have all the necessary laws to protect its people… Freedom of information!…Freedom of expression!
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