Been a crazy couple of days and a few more busy ones to go.
I presented during the morning session and if you are interested my deck can be found here.
The volcano action has been a bummer and I hope it clears up soon and the area returns to normal. Lots of people are in a bad sort over this and I feel for them.
I always get asked about Indonesia, since I spend a lot of time here, and people wonder what the biggest issue might be for Indo’s long term success. I have one word for you but as always a picture is worth a thousand words:
I have been coming here for about 10 years and regularly for the last 18 months or so and the traffic is getting worse and worse.
It is not uncommon to waste an hour or more getting from one part of town to another. Even on the weekends now the traffic is getting bad – for sure the whole snarl has to be a drain on business.
It will take years to fix it but there is not even any signs of anyone doing anything about it. Everyone cuts corners. There are carpool lanes but you can rent someone along the way to make it look like you have a carpool. There are bus lanes with cars in them. There are pillars that were once erected for tollways or overpasses but they were never completed. There is no work being done on a subway or an above ground train.
Jakarta will suffer if something is not done soon but I fear the government will not be able to tackle it and corruption will force more failed attempts. I think immediately they should instigate some sort of central congestion based pricing cause we all know money will be the only way to impede the issue even a slight bit.
I love Indonesia but the traffic is starting to grind on me the wrong way.