{
    "success": true,
    "data": {
        "id": 1087183,
        "msgid": "year-end-optimism-1447893297",
        "date": "2001-12-07 00:00:00",
        "title": "Year-end Optimism",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Year-end Optimism Positive thinking will help a patient stand a better chance of recovering. While a human being is a living organism, a state is a social organism. Hence, positive thinking may also help an ailing state like Indonesia, battered these past four years by a multi-dimensional crisis, stand a better chance of recovering. There are several reasons why Indonesians must be optimistic about their futures. First, the domestic market, despite some limitations, can still develop.",
        "content": "<p>Year-end Optimism<\/p>\n<p>Positive thinking will help a patient stand a better chance of<br>\nrecovering. While a human being is a living organism, a state is<br>\na social organism. Hence, positive thinking may also help an<br>\nailing state like Indonesia, battered these past four years by a<br>\nmulti-dimensional crisis, stand a better chance of recovering.<\/p>\n<p>There are several reasons why Indonesians must be optimistic<br>\nabout their futures. First, the domestic market, despite some<br>\nlimitations, can still develop. Then, exports are still in good<br>\nshape although some advanced countries usually purchasing<br>\nIndonesian commodities are now sliding into recession.<\/p>\n<p>The latest report released by the Central Bureau of Statistics<br>\nshows trade between January and October netted a surplus of<br>\nUS$21.4 billion, a figure below $25 billion recorded in the same<br>\nperiod last year but good enough given the worsening external<br>\nfactors, particularly an oil price drop in the world market.<\/p>\n<p>At home, the state coffers have received fresh earnings from<br>\nthe sales of some assets formerly owned by the Salim Group but<br>\nnow controlled by the government. Then, PT Bank Danamon Indonesia<br>\nTbk has returned its Bank Indonesia liquidity support loan worth<br>\nRp 14.8 trillion to the state.<\/p>\n<p>Another significant development contributing to this year-end<br>\noptimism is the formula for the sales of PT Semen Gresik group.<br>\nIn this context PT Semen Padang in West Sumatra and PT Semen<br>\nTonasa in South Sulawesi has demanded for a spin-off from Semen<br>\nGresik. Using the new formula, the government will sell all its<br>\nshares in Semen Gresik to Cemex, a foreign investor, but will<br>\nremain the majority shareholders of Semen Padang and Semen<br>\nTonasa. Besides, it will pocket over US$200 million from this<br>\ntransaction. This formula is expected to comfort West Sumatra and<br>\nSouth Sulawesi provincial administrations, both hating to see<br>\nforeigners control their assets.<\/p>\n<p>Finally, the arrest of Hutomo Mandala Putra, a fugitive for<br>\nmore than a year, has come as good news although its significance<br>\nwill be shown by legal proceedings against him later.<\/p>\n<p>Progress in the economic and legal enforcement sectors alone<br>\nwill not be a quick panacea for Indonesia&apos;s chronic crisis. At<br>\nleast, though, it gives hope that with greater seriousness, the<br>\ndesire to get out of this crisis in the next few years is no<br>\nlonger but a dream.<\/p>\n<p>-- Bisnis Indonesia, Jakarta<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/year-end-optimism-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}