REPUBLIKA.CO.ID, JAKARTA -- National investment is projected to increase in first half of 2014. However, the value tends to decrease based on a survey of business activities conducted by Bank Indonesia (BI).
About 16.39 percent of respondents plan to invest in first half of 2014. In last year survey, it's only 10.53 percent of respondents committed on their investments.
The investment value tends to slow down as the profit dropped to 53.89 percent. About 42.64 percent respondents plan to add new investment.
Majority of respondents feel that there are some factors hampering their investment, such as high interest rates, bad infrastructures, also bureaucratic licensing that is quite difficult.
On the other hand, BI is optimistic that national export will improve this year. Group Head of Balance of Payments at Statistic Department of Bank Indonesia (BI), Endi Dwi Tjahyono said that export of textile and chemical products had increased significantly in December 2013.
"It will be better," Tjahyono said recently as reported by Satya Festiani.
Export of chemical products rose 19 percent year on year (yoy) or 1.08 billion USD, while textile exports raised 14.1 percent yoy or 1.12 billion USD.
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