Indonesia: worth another look?

CSFB''s country head Helman Sitohang says people only look at the bad news.

In the light of Megawati's coming to power and new technocratic cabinet, what's the mood here in Indonesia now
On the business side it is definitely cautiously positive. The corporates see stability and more consistency, and people are gearing up for better business in this environment. On the banking side, the same applies. The only group for which this doesn t apply is the foreign investors, who have not come yet.
If this consistency prevails, people will start investing. People have been investing slowly, with profits from operations being balanced between investing a little and keeping the rest. But now, there could be more funds put to work.
The corporates I know are running at...


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