Indonesian Firms Are Most Bullish Among Asian Corporates, Hong Kong Is Most Pessimistic: Survey | Daily Herald

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Indonesian Firms Are Most Bullish Among Asian Corporates, Hong Kong Is Most Pessimistic: Survey

By: CNBC.com News

Posted on July 10, 2012 at 23:11 PM EDT

Companies in Indonesia, Southeast Asia's largest economy, are the most optimistic in Asia, with almost 9 out of 10 firms expecting their businesses to improve in the third quarter of the year, while Hong Kong, whose open economy is increasingly tied to mainland China, is the most pessimistic, according to a quarterly survey conducted by Standard Chartered.

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