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Profile
Surabaya
is among Indonesia's main financial centers
along with Jakarta, Semarang and Bandung
(all on the main island of Java).
Last
year, its stock market returned 75% on investment.
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Country
Rankings
Indonesia
|
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| Ease
of Doing Business World Bank '05 |
115
of 155
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Low*
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Corruption
Perception
Transparency International '05 |
137
of 159
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Low
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Growth
Competitiveness
World Economic Forum '05 |
74
of 117
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Med
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| National
Literacy |
88.4%
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High
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GDP
Growth
(2004 est.) |
4.9%
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Low
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The
Surabaya Stock Exchange is also the locus of the
Indonesian bond market which, after losing much
life in the late 1990s, has recently begun to
show signs of life.
It
is also a main area for FDI and investors concentrate
in the industrial area around Surabaya, in East
Java. Infrastructure is more extensive in this
area and other major commercial centers as compared
to the rest of the country. The city's markets
are also reportedly a ready source of raw materials
for businesses in other parts of the country particularly
for the weaving industry which produces woven
cloth using dyes and yarns.
Key
Links:
Surabaya
Stock Exchange - http://www.bes.co.id/
East
Java Information - http://www.eastjava.com/
Source:
Population:
2004 or latest: http://www.citypopulation.de;
GDP Data: 2004 CIA Fact Book estimate; Literacy:
UN estimate
*
Country Ranking Codes: A relative color coding
of where the country falls compared to the 20
other Muslim countries represented in this list.
Hgh/Green=Top 3rd; Med/Yellow=Mid 3rd; Low/Orange=Bottom
rd
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