"In 2014, there were many factors, such as political situations, which hampered economic activities and caused a slowdown. However, we are convinced that such constraints will mostly be non-existent next year," the Head of Business Banking of PT Bank Ekonom Raharja Tbk, Edwin Rudianto, stated here on Wednesday.
He added that the countrys economic condition would improve next year, despite the predicted impacts of the subsidized fuel oil price hikes that came into effect in November. This is because the government is now ready to lower the prices of fuel oils in January.
"This is a good and positive sign for Indonesias economy. It gives hope that the export and import performance of the country will be encouraging, as well. We hope the rupiah exchange rate, which weakened off late, will also improve," Rudianto remarked.
Moreover, he is confident that corporate credit in 2015 will also increase by 15 percent. This boost will be a result of not just an improved economic climate but also of the impacts of the intensity of inter-ASEAN trade.
"Till November this year, credit outstanding in this segment amounted to Rp11 trillion. This figure indicated an increase of eight percent from that of last year," he affirmed.