DBS Bank Proyeksikan Pasar Modal Indonesia Kesulitan di Awal Tahun
DBS Bank’s Senior Investment Strategist, Joanne Goh, has projected that the Indonesian capital market will face difficulties in the first half of this year. This predicament is attributed to the anticipated increase in trade tariffs by President-elect Donald Trump of the United States. The impact of Trump’s policy plans has been evident from late 2024 to early 2025, with the strengthening of the US dollar against the rupiah and the rise in US Treasury bond yields. Joanne Goh expressed that this comparative scenario has made Indonesian assets less appealing and less sought after.
Optimistic Outlook for Second Semester and Factors Driving Recovery
Despite the challenging circumstances, Joanne Goh remains optimistic that the situation will improve in the second semester, driven by various factors. These include economic diversification to counteract the effects of Trump’s tariff policies. Indonesia, as a major global supplier of metals and minerals, can play a pivotal role in the electric vehicle and electronic component ecosystems. As a significant ASEAN member with vast economic potential, Indonesia can leverage the China Plus One cooperation scheme.
Indonesia’s Economic Potential and Strategies for Growth
Joanne highlighted Indonesia’s large population as a positive factor for boosting domestic consumption and national economic growth. She emphasized that the domestic economy and domestic stocks, particularly in consumer and banking sectors, have the potential for significant development. Economic Coordinating Minister Airlangga Hartarto stated that Indonesia will endeavor to negotiate tariff reductions with the United States through bilateral cooperation between the two countries. This initiative aims to mitigate the impact of future import tariff policies under Donald Trump’s administration.
In conclusion, while the initial outlook for the Indonesian capital market may present challenges, there are promising opportunities for growth and resilience in the face of external factors. The strategic initiatives and economic potential of Indonesia position the country for a positive trajectory in the coming months and beyond.
**Personal Touch:** Have you ever wondered how global economic policies can impact your everyday life? From the price of goods to the value of your investments, the decisions made by world leaders can have far-reaching effects. It’s essential to stay informed and understand the intricacies of these developments to navigate the ever-changing financial landscape effectively. Remember, knowledge is power when it comes to securing your financial future.
