Indonesia Makes Change Through Entrepreneurship

Indonesia makes change through entrepreneurship

Entrepreneurships are a word that always refers to person who has his/her own business. However, entrepreneurships are more than that. Entrepreneurship is a spirit that every entrepreneur has, which is the spirit to make something new or something different with other people and the spirit that entrepreneur has in order to develop not only for them personally but also for others. Every entrepreneur believes that he or she can stand by their own shoes and they believe that what are they doing will give big contribution for the society and for Republic of Indonesia. This essay will discuss why entrepreneurships is very important for Indonesia in the future, the environment that Indonesia has towards entrepreneurships, benefits and challenges that are facing by Indonesian young entrepreneurs, and the possible solutions to make the young entrepreneurs more successful. Read more of this post

A Brief Outlook of 10 Years Indonesia`s Inflationary Pressure

                  As South East Asia`s largest economy, Indonesia is recently enjoying strong economic growth and betterment of macroeconomic fundamental in response to domestic consumers led-economy. However, there is still main concern now for Indonesia Bank and other emerging-market central banks in balancing their economic growth namely Inflationary pressure which is likely to persist as growth forecasts for this country remains high.
The major issue of 10 years Indonesia`s headline inflation is the domination of the impact of supply side prices, especially from volatile food prices and administered prices. Concerning Rapid growth in the emerging market economy like Indonesia, global commodity prices are greatly essential, driven by food prices, its CPI on average was 13.26 % in the past 10 years (Trading Economics, 2012). Even though there is still huge pressure from commodity prices particularly rising food prices which worsen inflationary expectations in this country, its core inflation which excludes administered prices and volatile foods has been relatively stable below 4 % on average.       Read more of this post

The Three Most Important Challenges Indonesian Managers Face Today

Indonesia is a rich country which have large biodiversity and human resources. A lot of big companies have been operated in this country. According to Forbes Global 2000 on 2009, six Indonesian companies listed into the world’s 2000 largest companies. They are PT Telkom, Bank Central Asia, Bank Rakyat Indonesia, Bank Mandiri, Bumi Resources, and Bank Nasional Indonesia. In their success, there must be a good manager who takes an important role in carrying out their functions in the company and it is not achieved without obstacles and challenges. Besides, Indonesia is an archipelago country which has many developing countries problems. Here is the three most important challenges Indonesian managers face today.

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The first important challenge is responsibility towards the environment. A good manager should concern about this matter because Indonesia has a large natural resources without educated human resources who understand about the effects of over natural exploitation. Buyat Bay pollution case in North Sulawesi is a good example which can cover of this problem. Since 1996, Newmont Mining Corporation used this bay as the place of mining waste from gold mining activities. In 2004, local society in that area protested some unusual health problems and suspected Newmont violated mining waste levels rules with contaminating the area with hazardous materials. WALHI, non-governmental environmental activist, claimed that Newmont stockpiled 2,000 tons of tailings into the bay every day. Finally, in 2004, that mining activities closed while the environmental monitoring continued until the year 2008. Therefore, as a good manager, we should answer yes to this challenge. It means that we need to improve our environmental knowledge to run our business in Indonesia. Don’t let the business activities pollute our environment. It would be better if our business can help conservation of damaged natural resources, such as reforestation. Read more of this post

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