Wed, 15 Jun 2011
Jakarta (ANTARA News) - The government, business players, and investors should optimally utilize the wide investment opportunities in Indonesia, director of Quvat Management in Singapore Thomas T. Lembong said here on Sunday.

On the sidelines of World Economic Forum on East Asia (WEF-EA), Lembong said China and India have at present a great interest in investment in Asia, including Indonesia, and this trend should be used as best as possible.

"Asia is on the rise. Indonesia at present is a `darling` investor. The investors are aware that Indonesia has a very big potential," Lembong said.

He said as coal, palm oil and consumer goods are now lucrative commodities in Indonesia they need to be offered to investors.

But Lembong cautioned Indonesia not always has the attention of investors.

"Therefore we have to be realistic because the market and investors always have the trend. How much investment can be sustained, will depend on how we utilize it optimally," said the recipient of World Economic Forum Young Global Leader.

He said that in terms of investment supporting facilities and infrastructure, Indonesia was not inferior to those of other developing countries as China and India, but compared with the developed countries, Indonesia was still lagging far behind.

"As learned from international investors, China and India are not the countries without problems because in the developing countries there facing many obstacles and difficulties, but Indonesia actually has many good facilities," he said.

For that, Lembong said all parties including the government, business players, and investors need to be more patient because the important thing was not quantity but quality of investment.

"Ideally, all parties should be patient, and not be in a hurry so that the funds do not go to unnecessary projects," he said, adding that the key to investment success in Indonesia was cooperation of all parties namely of the government, business players, and investors.

According to Lembong, Indonesia has very big investment opportunities as a developing country.



News Search/Filter
Transaction Rates
26 May 18
Buy
Sell
AED1
3,841.20
3,841.20
AFN1
196.39
196.39
ALL1
129.88
129.88
AMD1
29.23
29.23
ANG1
7,857.46
7,857.46
AOA1
60.15
60.15
ARS1
573.90
573.90
AUD1
10,659.11
10,659.11
AWG1
7,893.04
7,893.04
AZN1
8,287.11
8,287.11
BAM1
8,443.99
8,443.99
BBD1
7,054.40
7,054.40
BDT1
166.91
166.91
BGN1
8,420.63
8,420.63
BHD1
37,361.97
37,361.97
BIF1
7.88
7.88
BMD1
14,108.81
14,108.81
BND1
10,484.35
10,484.35
BOB1
2,041.12
2,041.12
BRL1
3,860.35
3,860.35
BSD1
14,108.81
14,108.81
BTC1
104,131,851
104,131,851
BTN1
208.14
208.14
BWP1
1,420.92
1,420.92
BYN1
7,039.59
7,039.59
BZD1
7,016.83
7,016.83
CAD1
10,877.89
10,877.89
CDF1
8.73
8.73
CHF1
14,254.42
14,254.42
CLF1
617,724.00
617,724.00
CLP1
22.58
22.58
CNH1
2,208.40
2,208.40
CNY1
2,208.57
2,208.57
COP1
4.90
4.90
CRC1
24.93
24.93
CUC1
14,108.81
14,108.81
CUP1
553.28
553.28
CVE1
149.77
149.77
CZK1
638.93
638.93
DJF1
79.26
79.26
DKK1
2,206.53
2,206.53
DOP1
285.25
285.25
DZD1
121.20
121.20
EGP1
787.87
787.87
ERN1
934.42
934.42
ETB1
512.86
512.86
EUR1
16,445.95
16,445.95
FJD1
6,816.68
6,816.68
FKP1
18,774.58
18,774.58
GBP1
18,774.58
18,774.58
GEL1
5,703.96
5,703.96
GGP1
18,774.58
18,774.58
GHS1
3,043.97
3,043.97
GIP1
18,774.58
18,774.58
GMD1
299.16
299.16
GNF1
1.56
1.56
GTQ1
1,886.83
1,886.83
GYD1
67.46
67.46
HKD1
1,798.18
1,798.18
HNL1
591.07
591.07
HRK1
2,224.10
2,224.10
HTG1
219.26
219.26
HUF1
51.44
51.44
IDR1
1.00
1.00
ILS1
3,961.85
3,961.85
IMP1
18,774.58
18,774.58
INR1
208.30
208.30
IQD1
11.87
11.87
IRR1
0.33
0.33
ISK1
132.81
132.81
JEP1
18,774.58
18,774.58
JMD1
111.71
111.71
JOD1
19,888.21
19,888.21
JPY1
128.96
128.96
KES1
139.42
139.42
KGS1
206.70
206.70
KHR1
3.46
3.46
KMF1
33.42
33.42
KPW1
15.67
15.67
KRW1
13.09
13.09
KWD1
46,667.40
46,667.40
KYD1
16,924.65
16,924.65
KZT1
42.90
42.90
LAK1
1.68
1.68
LBP1
9.32
9.32
LKR1
89.27
89.27
LRD1
102.62
102.62
LSL1
1,131.87
1,131.87
LYD1
10,412.41
10,412.41
MAD1
1,484.35
1,484.35
MDL1
838.41
838.41
MGA1
4.31
4.31
MKD1
266.90
266.90
MMK1
10.39
10.39
MNT1
5.85
5.85
MOP1
1,745.36
1,745.36
MRO1
39.68
39.68
MRU1
395.20
395.20
MUR1
405.01
405.01
MVR1
909.67
909.67
MWK1
19.59
19.59
MXN1
722.08
722.08
MYR1
3,544.06
3,544.06
MZN1
232.75
232.75
NAD1
1,130.06
1,130.06
NGN1
39.08
39.08
NIO1
448.61
448.61
NOK1
1,726.37
1,726.37
NPR1
130.06
130.06
NZD1
9,757.65
9,757.65
OMR1
36,644.65
36,644.65
PAB1
14,108.81
14,108.81
PEN1
4,316.60
4,316.60
PGK1
4,320.36
4,320.36
PHP1
268.15
268.15
PKR1
122.04
122.04
PLN1
3,814.88
3,814.88
PYG1
2.47
2.47
QAR1
3,874.98
3,874.98
RON1
3,552.08
3,552.08
RSD1
139.14
139.14
RUB1
226.81
226.81
RWF1
16.38
16.38
SAR1
3,760.54
3,760.54
SBD1
1,792.37
1,792.37
SCR1
1,048.78
1,048.78
SDG1
783.60
783.60
SEK1
1,609.12
1,609.12
SGD1
10,514.85
10,514.85
SHP1
18,774.58
18,774.58
SLL1
1.80
1.80
SOS1
24.64
24.64
SRD1
1,889.23
1,889.23
SSP1
108.30
108.30
STD1
0.67
0.67
STN1
669.93
669.93
SVC1
1,611.97
1,611.97
SYP1
27.39
27.39
SZL1
1,130.06
1,130.06
THB1
442.31
442.31
TJS1
1,569.65
1,569.65
TMT1
4,019.62
4,019.62
TND1
5,526.81
5,526.81
TOP1
6,176.24
6,176.24
TRY1
2,996.71
2,996.71
TTD1
2,092.62
2,092.62
TWD1
470.96
470.96
TZS1
6.18
6.18
UAH1
540.22
540.22
UGX1
3.77
3.77
USD1
14,108.81
14,108.81
UYU1
451.22
451.22
UZS1
1.76
1.76
VEF1
0.17
0.17
VND1
0.61
0.61
VUV1
131.31
131.31
WST1
5,481.42
5,481.42
XAF1
25.07
25.07
XAG1
232,750.99
232,750.99
XAU1
18,363,203.04
18,363,203.04
XCD1
5,220.55
5,220.55
XDR1
20,008.95
20,008.95
XOF1
25.07
25.07
XPD1
13,851,320.11
13,851,320.11
XPF1
137.81
137.81
XPT1
12,726,467.28
12,726,467.28
YER1
56.35
56.35
ZAR1
1,127.97
1,127.97
ZMW1
1,361.85
1,361.85
ZWL1
43.76
43.76
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services