On 24 April 2018, Standard Chartered, in partnership with EuroCham and Rahayu & Partners, organized a forum on European Business Corridor. In the discussion, Ms. Sarah Hewin, Chief Economist Europe Standard Chartered Bank, presented the European market dynamics. In addition, Mr. Aldian Taloputra (Standard Chartered Bank Indonesia) was presenting the market updates from the Indonesian side. Ms. Sri Hartati Rahayu from Rahayu & Partners delivered a legal framework related to several business sectors that might have an impact to the European business in Indonesia. The event was closed with a served-dinner along with the wine tasting.
Following the previous success of the previous years, the Joint European Cambers’ Business Confidence Index 2017/2018 (BCI) finally launched once again in 2018. Entering the sixth year, this survey has been one of of the most reputable studies as a reference to the Indonesian business landscape.
The event, arranged on 20 April 2018, was opened by Mr. Nick Holder (Board Member of BritCham and EuroCham, to representatives of Indonesia Investment Coordinating Board, the head of Kadin European Committee, European Ambassadors, Boards of the European Chambers, and an audience of seventy executives mostly representing European investors domiciled in Indonesia.
In this edition of BCI, the result highlighted three key points: the confidence in the last year that infrastructure development would materialize has boosted most of the statistics to a lesser or greater extent; there is stronger belief in government action; and that foreign businesses already domiciled in Indonesia are committed to further investment and maybe away from the more usual greater Jakarta or West Java. Mr Holder said there is enough positivity in the results to stimulate more trade and investment interest across all of Europe.