Ada orang dogol yang tidak bisa melihat kenyataan bahwa orang-orang Indonesia yang semakin makmur itu jumlahnya semakin banyak. Ada seorang wanita yang jalan-jalan ke Eropa dan mampir ke Milan untuk sekedar belanja beberapa tas Louis Vuitton untuk dia dan teman-temannya.
--- In proletar@yahoogroups.com, "Sunny" <ambon@...> wrote: > > http://www.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20120312-332917.html > Indonesia's new rich > > > > > Pedestrians cross a street in Jakarta's modern business district on February > 6, 2012. > By Stuart Grudgings and Andjarsari Paramaditha > Reuters > Monday, Mar 12, 2012 > JAKARTA - Fitria Yusuf is a bag lady, but you won't find her sleeping rough > in Jakarta. > > Her bag of choice is Hermes, a French brand so coveted in the Indonesian > capital it can cost as much as a luxury car. Yusuf owns five of them, having > cut down from the early days of her infatuation with the products. > > "Back in 2006, seeing a Hermes bag was like seeing Halley's comet," said > Yusuf, the 29-year-old co-author of "Hermes Temptation," which chronicles how > the bag made by French luxury group Hermes International SCA has become "a > must-have item" for Jakarta's burgeoning high society. > > The Hermes obsession is one sign of how Indonesia's economic revival is set > to produce the fastest-growing ranks of millionaires in Asia as the country > enjoys a sweet spot of political stability, strong demand for its plentiful > commodities and renewed investor interest. > > That is also adding to economic tensions in a country with a history of > social upheaval and where tens of millions still live a hand-to-mouth > existence despite hefty recent falls in poverty and a rising middle class. > > With presidential elections looming in 2014, workers have held a series of > strikes in recent months, driven by high commodities prices and a growing > sense that the fruits of the economic boom have not been widely shared. > > As Southeast Asia's largest economy leaves its basket-case reputation behind > with annual growth of about 6 per cent and basks in its newly won investment > grade credit status, it is minting dollar millionaires at a rate of 16 a day, > consulting firm Capgemini says. > > The number of millionaires will triple to 99,000 by 2015, according to wealth > management firm Julius Baer, the quickest pace of any Asian country. > > That is making Indonesia - a country with ambitions to join Brazil, Russia, > India and China in the BRIC group of big emerging economies - a must-have > market for luxury firms such as Hermes and for a rapidly growing wealth > management industry. > > "The middle class is gaining wealth and becoming extremely rich. I would say > that's the growth market now, a million dollars (in assets) and up," said Jan > Richards, managing director and market manager for Southeast Asia at J.P. > Morgan Private Bank, which manages more than $700 billion globally. > > The profile of Indonesia's new rich has been heavily shaped by the surge in > demand from China and India for the country's commodities. The world price > for a tonne of palm oil, of which Indonesia is the largest producer, has more > than doubled since 2006, for example. Gold, of which Indonesia is a major > producer, has tripled in the same period. > > Eight of the 10 wealthiest Indonesians in Forbes' annual rich list have > substantial holdings in the commodities sector, including palm-oil magnate > Eka Tjipta Widjaja and coal billionaire Low Tuck Kwong. > > DBS Private Bank said its wealth management business in Indonesia is growing > at an "exceptional" annual pace of 40 per cent, much of it fuelled by the > mining industry in resources such as coal, gold, iron, nickel and bauxite. > > "We believe there are more than 20 billionaires with interests in coal and > mineral mines, as well as oil palm plantations in the country," said Chan > Kwee Him, Indonesia country head for the bank. > > GROWING WEALTH GAP > > The surging ranks of millionaires and the concentration of wealth in the > commodities sector highlights how the benefits of Indonesia's revival are far > from being evenly spread among classes and regions in the huge archipelago. > > While Hermes bags change hands for up to $50,000 and buyers face a six-month > wait for a $1 million Lamborghini super car, far-flung regions like Papua and > Maluku struggle to provide basic public services. > > About 100 million Indonesians - about 40 per cent of the population - live on > less than $2 a day, the World Bank says. Average wages at $113 are a third of > China's. > > About 60 million of Indonesia's 133 million-strong "middle class" spend > between $2-4 a day, the World Bank says. A 1,500 rupiah ($0.17) per litre cut > in fuel subsidies being considered by the government would push 2.4 million > people below the poverty line, a study by the University of Indonesia found. > > "I don't feel middle class, I feel poor," said 21-year-old Siti Aisah, who > runs a shack selling snacks to construction workers that is almost in the > shadow of Yusuf's sprawling house in a Jakarta suburb. She said her family > can afford to spend about $10 on good days - middle class by some measures. > > Since the 1998 fall of President Suharto following widespread rioting in > Jakarta, broad inequality measured by the Gini index has risen to 0.38 from > 0.32. That is still below many regional neighbours, but some economists > question the accuracy of the surveys it is based on. A paper by Harvard's > Kennedy School of Government estimated Indonesia's real Gini score at 0.45, > putting it on a par with the Philippines and Cambodia. > > Corruption-prone governance, poor infrastructure, low spending on social > welfare and health and the business dominance of a relatively few families > contribute to entrench inequality. > > "Indonesia's tiny stratum of ultra-wealthy citizens continues to be plumped > up by a process of wealth extraction from natural resources rather than by > wealth creation through industry and production," said Jeffrey Winters, an > associate professor at Yale University. > > LUXURY BOOMS > > Consultancy firm McKinsey sees the number of households earning $7,000 a > month rising to 25 million by 2020 from around 17 million now as Indonesia's > broad middle class continues its expansion. > > But sustained growth in the middle class depends on how well Indonesia > improves its low productivity and poor infrastructure to help bridge huge > regional differences. Just six of Indonesia's 350 cities account for about 30 > per cent of GDP, said Arief Budiman, a partner with McKinsey in Jakarta. > > There are some signs that the wealth is spreading, said Chan of DBS. > > "While many of these billionaires are from old wealth, some are newcomers who > are small planters or mine owners who benefited from the commodity boom. This > segment of new wealth is also the fastest growing," Chan said. > > While the luxury market is small compared to China or Japan, companies like > France's LVMH and Britain's Rolls Royce Holding PLC are jockeying to be in > place for the country's coming of age. > > Sales of "premium" cars soared 27 per cent last year, despite clogged roads > in Jakarta and other big cities that reduce speeds to a crawl on week days. > At a Jaguar and Bentley showroom nestled between Louis Vuitton and Bulgari > stores at one of Jakarta's swankiest malls, a sales manager said he had sold > about 10 of the cars priced up to $300,000 in February. > > At the only Jakarta store of French luxury shoe and bag maker Christian > Louboutin, sales of the precariously high-heeled stilettos priced up to > $7,800 are up 25 per cent over the past year. Compared to women in Singapore > or Hong Kong who are more likely to use public transport, Indonesia's upper > crust prefer higher heels because they get around in chauffeur-driven cars, > said store manager Budi Santoso. > > "The ones who can afford these don't really walk." > > His best customers buy 20 pairs a season and he has steady mail-order demand > from areas such as the resource-rich Kalimantan region on Borneo island. > > Sales are surging despite a sales tax of up to 200 per cent on luxury goods > that adds to the usual headaches of doing business in Indonesia. French group > PPR's luxury division, whose brands include Gucci and Alexander McQueen, said > such concerns were preventing it from having a direct presence despite > "double-digit" sales growth at its franchise stores. > > If Yusuf's tales from the front lines of Hermes bag obsession are any guide, > luxury firms have a bright future in Indonesia. > > > [Non-text portions of this message have been removed] > ------------------------------------ Post message: prole...@egroups.com Subscribe : proletar-subscr...@egroups.com Unsubscribe : proletar-unsubscr...@egroups.com List owner : proletar-ow...@egroups.com Homepage : http://proletar.8m.com/Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/proletar/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/proletar/join (Yahoo! 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