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Lucasng
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Wow, I couldn't agree more.
Indonesia is walking a pace or two behind China, obscured in the shadow of their big Asian brother. While China reached the mystical $US3,000 per capita GDP middle class threshold around 2008-09, Indonesia will supposedly hit that level at the end of this year.
If what played out in Korea/China is true, then college-educated, rich young Indonesians are well placed to reap the fruits of the coming consumer boom.
An ex-McKinsey friend got 'the call' two years ago and is modernizing the family business. Another friend, son of an Embassy official, returned earlier this year and is now working on a Blackberry mobile app. I've heard dozens of other similar stories of kids opening trendy Western-style bars, cafes and restaurants...
Good times ahead!
The Mystery of Loewy's and Indonesia's Lack of a Brain Drain
I am writing this from one of my least favorite places in the Jakarta-- the Soekarno Hatta International Airport. Almost a year ago I was on my last leg of travel for my book and my health, stamina and bank account were all running on fumes. I spent a brutal nine-hour layover in this airport, mo...
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Mar 28, 2011
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