With Indonesia’s economy set to regain its momentum, its expanding, young middle class is the key to sales, according to Jacqueline Yuen, Economist for Asian and Emerging Markets, HKTDC. In fact, over the past five years, Indonesia’s middle class per capita disposable incomes and expenditure saw double digit growth, and Hong Kong companies like G2000 and Bossini have been running franchise operations with value for money products. Inward foreign direct investment has also risen, with Hong Kong’s FDI to the country rising 70% over the past year, says Ms Yuen.
Speaker:
Jacqueline Yuen, Economist for Asian and Emerging Markets, HKTDC
Related Links:
Hong Kong Trade Development Council
HKTDC Research
Speaker:
Jacqueline Yuen, Economist for Asian and Emerging Markets, HKTDC
Related Links:
Hong Kong Trade Development Council
HKTDC Research
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