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Many Asian countries have a reputation for being tech-savvy and developing new and interesting technologies as well as supplying the whole world with components and products. A few sectors are standing out as growth champions, and each Asian country has its own focus when it comes to industry and business. These industries are riding waves of technological change and making a huge impact in the East (and beyond).
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When thinking about the future, investing is something to consider as a backup plan if financial plans do not work out. Many countries have successful economies, but it is Indonesia that has an abundance of successful industries with high levels of investment because it has one of the highest levels of economic growth in South Asia.
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It has been a while since we last published an article on Indonesia’s cement industry. Therefore, it is interesting to present an update. Indonesia’s cement industry was a truly booming industry in the early 2010s as domestic cement demand was strong around that time on the back of the construction of property and infrastructure.
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Investing and trading have gone from the relatively quiet and secretive activities of those with the wealth to do it to something that anybody can do with a bit of their savings. Whether they can do it successfully is another question altogether.
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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.