Indonesia to Focus on Export to Stay Competitive

economic outlook2Industries in Indonesia need to focus more on exporting their products and services in order to stay competitive in the region. That was one of the conclusions of the Luncheon Talk on Indonesia’s Industry Analysis, Competitiveness, and Economic Outlook held by Jakarta campus (30/9/2015). Moreover, to attain competitiveness, some critical factors such as sufficient infrastructure, qualified human capital, and appropriate policies from the government needed to be improved.economic outlook2Industries in Indonesia need to focus more on exporting their products and services in order to stay competitive in the region. That was one of the conclusions of the Luncheon Talk on Indonesia’s Industry Analysis, Competitiveness, and Economic Outlook held by Jakarta campus (30/9/2015). Moreover, to attain competitiveness, some critical factors such as sufficient infrastructure, qualified human capital, and appropriate policies from the government needed to be improved.

Lecturer, Yudo Anggoro, PhD, delivered his talk on Industry Analysis and Competitiveness in Indonesia. Using the Industry Cluster model to measure competitiveness in Logistics and Automotive clusters, Yudo concluded that those two clusters were not competitive yet. In order to attain competitiveness, some critical factors needed to be improved such as sufficient infrastructure, qualified human capital, and appropriate policies from the government.

To continue the session, Syaiful Adrian as the Senior Equity Analysis from Ciptadana Securities presented his analysis on the recent economic situation in Indonesia. Syaiful stated that Indonesia as a nation was still dependent on the cycle of commodities in exporting its products. Syaiful added that Indonesia had not adequately stepped up the ladder to become producer of manufacturing goods and services that was competitive on a regional and global scale. Syaiful also warned us about Indonesia’s debt. He said that our current high external debt to GDP indicated that the economy was more fragile to the sudden shock of capital outflow.

Attended by the industrial partners, this luncheon talk was aimed to bring some insights to the audiences regarding the recent situation of our industries as well as the economy in bigger perspective.

Lecturer, Yudo Anggoro, PhD, delivered his talk on Industry Analysis and Competitiveness in Indonesia. Using the Industry Cluster model to measure competitiveness in Logistics and Automotive clusters, Yudo concluded that those two clusters were not competitive yet. In order to attain competitiveness, some critical factors needed to be improved such as sufficient infrastructure, qualified human capital, and appropriate policies from the government.

To continue the session, Syaiful Adrian as the Senior Equity Analysis from Ciptadana Securities presented his analysis on the recent economic situation in Indonesia. Syaiful stated that Indonesia as a nation was still dependent on the cycle of commodities in exporting its products. Syaiful added that Indonesia had not adequately stepped up the ladder to become producer of manufacturing goods and services that was competitive on a regional and global scale. Syaiful also warned us about Indonesia’s debt. He said that our current high external debt to GDP indicated that the economy was more fragile to the sudden shock of capital outflow.

Attended by the industrial partners, this luncheon talk was aimed to bring some insights to the audiences regarding the recent situation of our industries as well as the economy in bigger perspective.