Will Indonesia’s New Government be Favorable for Economic Growth?

The pace of the economic reforms may be slow, owing to the new legislature possible conservative groups in the new legislature.

Gurugram, India, June 14, 2019 --(PR.com)-- What will be the impact of Indonesia’s recent Presidential and legislative elections on its growing economy? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore.

Mr. Joko’s likely victory in the Presidential elections of Indonesia would mean improved competitiveness through continued economic reforms.

He would probably continue working on attracting direct foreign investment, build infrastructure, continue civil service reform, promote special economic zones and for locally sourced commodities nurture value added processing.

Mr. Joko’s second term would also be beneficial for Indonesia’s ICT startup sector.
However the pace of the economic reforms may be slow, owing to the new legislature possible conservative groups in the new legislature.

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

These projects integrate traditional customer research with knowledge of the broader business eco-system; for instance, competitors, channels, legal and regulatory factors. They support strategic decision-making for market growth and entry. Our studies provide indispensable tools for creating business plans, setting sales quotas, quantifying budgets and investment as well as making product launch decisions.

Spire exists to undertake such projects with distinction.

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