According to the latest Grant Thornton International Business Report (IBR), released on 26 June 2014, confidence of Indonesian businesses regarding the country’s economy as well as business environment experienced a significant decline in the second quarter of 2014 from a net balance of 78 percent¹ in the previous quarter to 48 percent. However, despite this decline, optimism amongst Indonesian business owners is still ahead of the global average at 46 percent. Indonesia is ranked fourteenth among the 34 surveyed economies.

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With international Women’s Day approaching, the latest report from Grant Thornton, a leading global independent assurance, tax and advisory firm, shows that gender equality in Indonesia is still a matter of concern. The Grant Thornton International Business Report (IBR) reveals that the proportion of business leadership positions held by women in Indonesia has declined below the global average (22 percent), hitting a new record low of 20 percent (from 41 percent last year).

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