Asia’s Emerging Powerhouse, Chindonesia: Enter the Komodo! and Adding Another ‘I’ to the BRIC Story? These are the titles of three recent reports by Standard Chartered Bank, the securities house CLSA, and Morgan Stanley investment bank respectively, reflecting their upbeat views of the world’s fourth most populous nation.

Prosperous times: Markets bustle as Jakarta prepares for festivities. Economic growth is healthy but problems remain

Preceding these was a policy brief by the Organisation for Economic Co-operation and Development arguing that the Bric group of rapidly growing developing nations – Brazil, Russia, India and China – should be expanded to the Briics, with the addition of Indonesia and South Africa.