Wednesday, September 1, 2010

Investors Wait for the President's speech About Indonesia - Malaysia

Investors Wait for the President's speech About Indonesia - Malaysia ; Investors both in the financial market and real sector developments kept waiting for the relationship between Malaysia and Indonesia, which continues to heat up, especially as what the official stance of the Government of Indonesia regarding the conditions that will be delivered by President Susilo Bambang Yudhoyono in a speech to the development of relations between the two countries Malaysia-Indonesia scheduled at Headquarters TNI Cilangkap Jakarta, Wednesday (01.09.2010) this evening.

Standard Chartered Bank economist Fauzi Ichsan, on the sidelines of the inauguration of Governor of Bank Indonesia Nasution Supreme Court building in Jakarta, Wednesday (09/01/2010), said the Indonesia-Malaysia economic relationship is still fine and not affected by the political situation heats up.

"However, investors still want to see what kind of continuation of that relationship. Although investors do not actually see the relations between the two countries there is a problem because for them, in this case was arrested by the community," said Fauzi.

Many parties awaiting a speech by President Susilo. The goal was to find out what kind of official policy about the Government of Indonesia's foreign relations with Malaysia. "Although the fact that more Malaysian investors to invest in Indonesia, especially in banking," said Fauzi.

The Bank is a Malaysian CIMB Group which holds a majority stake in Bank CIMB Niaga in Indonesia. There is also Maybank, which acquired Bank International Indonesia (BII). "Investors look at the relationship (the heat) was not as a threat," said Fauzi.

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