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The economy of Indonesia continues to improve
REPUBLIKA.CO.ID, JAKARTA – In recent months, the stock and bond markets have been corrected. According to Ari Pitojo, CFA, Chief Investment Officer of Eastspring Indonesia, this is a consequence of the Fed's rate hike due to the economic recovery in the United States and the emergence of geopolitical tensions such as the trade wars between the United States and China. Rising interest rates in the US, which reflects a recovery in the US economy, may send foreign investment funds back to the US and put pressure on the rupiah. "However, it should be remembered that Indonesia's overall macroeconomic conditions are still in good shape," said Ari Pitojo at the Jakal bihalal halal on Wednesday (July 4th).
In the publication published Republika.co.id Wednesday (4/7), Ari explained, the Indonesian economy continues to improve. The economy grew by 5.06% in the first quarter of 2018. In 2018, the market is forecasting a 5.3% growth in the economy supported by the consumer and consumer sectors. investment.
He added that the elections should contribute to economic growth of 0.2 percent to the economy. Inflation also tends to be controlled within the 3-5% limit set by the Indonesian Bank. Coupled with BI support to maintain economic stability by raising 7DRR for a total of three times in May and June to maintain the stability of rupiah
"As an investment manager who served Indonesian clients and Invested in the Indonesian market for more than a decade, Eastspring various economic cycles are included such as they are today.With the proven expertise and experience of ### 39, Eastspring as well as supporting corporate groups and access to global markets, we are committed to continuing to offer the best to our customers in various business cycles as we have done up to ################################################################################ 39, here. "Darmawan
He revealed that despite the correction of the stock market and bond, the fund managed by Eastspring Indonesia for March 29, 2018 has reached more than 84.35 billion Rp. less than 1% compared to 29 December 2017. "This further strengthens Eastspring's position as one of the country's largest investment managers," he said. of the year for three years (2015, 2017 and 2018) as part of the Asian Asset Management Awards. The total managed fund of Eastspring Investments reached more than 188 billion USD as of December 31, 2017.
PT Eastspring Investments Indonesia ("Eastspring Indonesia") is one of the largest investment managers in Indonesia with managed funds of more than 84 trillion Rp for 29 "Backed by qualified and experienced professionals in badet management and mutual funds, Eastspring is fully committed to providing quality financial services to meet to the diverse investment needs of customers, "said Alan T Darmawan.
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