Russia and South Korea have been shortlisted for a $700 million contract to deliver two submarines to Indonesia, passing France and Germany. Russia’s bid is the Project 636 diesel-electric submarine (export agent Rosoboronexport, picture above) while South Korea’s is the U-209 sub manufactured by Daewoo Shipbuilding and Marine Engineering (picture below) under German license. One of the principal [...]
Yulfikar Yurnaidi, Student, Yogyakarta (Indonesia) Indonesia in 2020? Well, to imagine a country in 10 years to come, let’s see what 10 years before tells us. In 1999, Indonesia just barely recovered from its financial disaster, struggling with political instability and security problem. It was kind of difficult to imagine Indonesia present days with [...]
The Jakarta Composite Index’s 67 percent gain this year makes the Indonesia Stock Exchange, which is celebrating its 32nd anniversary this week, the third best-performing bourse in Asia, the capital market watchdog said on Wednesday. Two Chinese bourses, the Shenzhen and Shanghai markets, ranked first and second with gains of 93 percent and 74 percent, respectively, [...]
There are times when landing at Yogyakarta’s Adisucipto airport feels as if you’re leaping onto a dinghy in the middle of a stormy ocean. The room for error is very limited. Needless to say, you’re praying hard as the plane slams on its brakes and the surprisingly short runway comes to an abrupt stop. Tumbling out [...]
When it was started in March 2008, GNFI was only a small blog. It was really a small blog. There was only two people who were involved in this, one is myself, another is a friend from Malaysia. I posted 1-2 articles in 3-4 days. When I was away, I asked my friend from Malaysia [...]
I am currently staying in the capital city of Cambodia, Phnom Penh. A developing and bustling city at the riverside of Mekong River, a river that blazes Laos, Vietnam, Thailand, and Cambodia, one of world’s longest and most famous rivers. Over 300 km northwards of Phnom Penh, there’s an ancient and grand building, world’s most [...]
I WAS in Singapore on July 17, meeting up with some fund manager friends when news broke about the bombings in Jakarta. The initial reaction was of sadness and sympathy for the victims and Indonesia in general. We also thought that it could be an opportunity to invest more in Indonesia’s stock market if it were [...]
Jonas Parello-Plesner works as senior advisor with the Danish government on Asian affairs and is currently meeting with think tanks, experts and commentators in East Asia’s major cities researching political integration. China and India (Chindia) is on everybody’s lips when talking about rising Asia. Then what is KIA? A car, most people would reply. Yet it could [...]
East Java has long been known as one of Indonesia’s economic locomotive, hosting Surabaya as its capital. East Javanese are confident to outperform Indonesia’s economic growth. Well, GNFI will post about this seriously in the future. Bear with us, stay tune! Now, let’s take a look at West Java province. It has long been known as [...]
Arya Lukito, Carbon Energy Expert, Phnom Penh (Cambodia) Indonesia 2020, hmm…its difficult for me to have clear imagination on how it would looks like. Advanced ? high tech living ? Anyhow, according to my perception, Indonesia will most likely transforming itself into an advance and fast growing nation as we see many moderate improvements in the [...]