As September is coming to a close, Q3 earnings and economic report will be post in the coming weeks. What to expect on Q3? After one month staying in Indonesia while waiting for my visa, I've watched the news almost every morning, and keeping up with the current market condition. The appointed president Joko Widodo and appointed vice president Jusuf Kalla will be inaugurate next month and they have created 34 ministries where 18 will be an independent (non-political party) professional, and 16 will be professional from political party. This event can be view as historical because this is the first time that the majority of the ministries are from non-political party, and are professionals in their role. (you may read the detail here ) Jokowi-JK during the announcement of 34 ministries Aside from politics, the most awaited event during Q3 is the result of Indonesian Current Account Balance where last quarter was deficit by USD 300mio. Based on my intuition, Q3 will be slightl...
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