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Investor Presentaiton

'Surprise, surprise' is the title of the Economist's most recent analysis of Indonesia's economic performance during the global crisis, from which the country seems to be emerging well, according to macro-economic criteria. • This study has briefly examined the particular case of Kalimantan, where greater dependence on 'boom' crops and declines in timber have led to increased unemployment and social distress. 'Old' and 'new' poverty may be recognised, though the levels have moderated, thanks largely to government intervention. While the impact of the global economic crisis was severe in parts of Kalimantan for about 9 months, the oil palm areas have largely recovered, but much of the interior rubber- growing region has been suffering from a depressed economy until very recently. It is important that the trajectory of recovery be monitored carefully in Kalimantan, as rates of growth have been very low and continuing pockets of poverty and unemployment will need to be addressed.
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