• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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THE DHARMAWANGSA JAKARTA Jl. Jalan Brawijaya Raya No. 26, Kebayoran Baru T: +62 (21) 7258 181/3006 8821/8118 01232 reservation@the-dharmawangsa.com www.the-dharmawangsa.com Rooms: 99 rooms and suites. Business & Conference Facilities: Ballroom and meeting rooms, and in-house events organiser. Health & Leisure Facilities:...

 

The relocation of the capital from Jakarta to East Kalimantan on Borneo looks set to create major investment opportunities if approved by Parliament. In August 2019 President Joko Widodo, better known as President Jokowi, stated that 20% of the estimated $33bn required for the development would be supplied by the state, leaving 80% open to...

 

Indonesia is characterised by substantial cultural diversity. The archipelago is made up of more than 17,000 islands, of which 6000 are permanently inhabited by 267m people. Until the turn of the new millennium, centralisation was seen as the best way forward, and economic development policies were strongly skewed towards Indonesia’s main...

 

How has the local government responded to the decision to move Indonesia’s capital city from Jakarta to East Kalimantan?

 

With President Joko Widodo, better known as President Jokowi, voted in for a second term in 2019, the focus in early 2020 was on key structural reforms – the kind of changes which could be difficult to adjust to but at the same time create new opportunities in sectors that are seen as underperforming, such as manufacturing. Draft versions of...

 

The innovative tech scene in South-east Asia has garnered international attention. A jolt occurred in the international tech industry in early 2018, when the Singapore-based ride-hailing app Grab announced that it would take control of the Southeast Asian operations of its US-based competitor, and global first-mover, Uber. The purchase, which...

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