It seems scores of countries are heading into major financial meltdown as Argentina and even Turkey are in danger of major financial crisis. Indonesian government now can't even pay their satellite usage fee after UK based space company demanded $17 million outstanding fee. Looks like Indonesia won't able to pay KFX development program as well.  Seoul should reject Indonesia from joining KFX program and just go alone with development. Indonesian GDP per capita is at $3800 mark and Malaysia's GDP per capita is $9500, both countries should have reached above $15000 by 2018 or 2020 and I don't think they're reach that level given their economies are in trouble.

Satellite Company Avanti Demands USD17mn Compensation from Govt
[ltr]http://en.tempo.co/read/news/2018/05/03 ... -from-Govt[/ltr]


Indonesian currency is all time low - even reached 15000 IR: 1 USD .. but Indonesian expert warns that this isn't big deal.
Foreign investors net sold $1.1 billion of sovereign bonds last month on top of net sale of $2.6 billion of stocks this year, data compiled by Bloomberg show. Indonesian debt is seen as a bellwether with its high yields, strong economic growth and a reformist government, with foreign investors holding 38.5 percent of local-currency bonds.

[ltr]https://www.bloomberg.com/news/articles ... s-estimate[/ltr]


Having very cheap currency since 2014 for four years straight - means Indonesian government can't pay their national debt on time when interest rate is about to get raise by end of this year, which means more pressure on Indonesia financial market. Indonesia rely on export of their primary processed items which mean it will cost more to import other necessities and for last 4~5 years of this low turn over means more bad news for ordinary Indonesian.
he Indonesian rupiah is approaching the IDR 14,000 per US dollar level, the currency's weakest position since mid-December 2015. On Monday (23/04) the rupiah depreciated 0.59 percent to IDR 13,975 per US dollar (Bloomberg Dollar Index). Considering the fundamentals of the domestic economy are strong (despite some room for concern about Indonesia's widening current account deficit), it are external factors that put pressure on the rupiah.

[ltr]https://www.indonesia-investments.com/n ... y/item8752[/ltr]
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Malaysian Ringgit also hit the lowest against to USD and their economy is not doing well as well, and their stock market also hit the lowest due to uncertain future of Malaysian economy due to unstable political outlook and having this kind of level of economy with weak currency will further deteriorate Malaysia in long run. 

[ltr]https://www.reuters.com/article/uk-glob ... SKCN1IF04I[/ltr]

[ltr]https://www.channelnewsasia.com/news/bu ... r-10237108[/ltr]

[ltr]https://www.dailyfx.com/forex/fundament ... eekly.html[/ltr]


Where is the Southeast Asian powerhouse? I was hopping Indonesia and Malaysia to perform better and beat China's influence out of Southeast Asia.


http://www.koreansentry.com/forum/viewtopic.php?f=6&t=7905


indon di jelek-jelekin korea gan