Business Development

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Indonesia’s economy was marked by developments in the global economy. Positive developments that occurred in global financial markets since the last few months, went on until May 2009. This is reflected on the improvement of international stock market conditions and declining of risk indicators perception (Credit Default Swap) in various countries.

Expectations for improvements in the global economy have been built the positive sentiment to market participants, which were also felt in the Indonesian economy. Risk indicators perception such as Indonesia CDS continued to decline, from 403bps at the end of April 2009 to around 333bps at the end of May 2009.

In the domestic market, positive sentiment on the world economy and beginning of gradual restoration of the liquidity tightness in global financial markets has encouraged capital inflows into the country.

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Tags: financial markets, global economy . This entry was posted on Thursday, July 29th, 2010 at 12:02 pm and is filed under Sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.