• 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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How will the administration continue to encourage further investments in the digital economy?

PANDJAITAN: By creating an environment where our tech start-ups can perform well and quickly expand, we have already witnessed the tremendous growth of our digital economy. Alongside the five tech unicorns, we have many...

 

Which aims of the proposed Omnibus Law on Job Creation are most likely to benefit investors?

 

What can be done to foster greater intra-ASEAN trade and boost development?

 

Indonesia’s government is pursuing a raft of trade deals to complement the successful ratification of the Indonesia-Australia Comprehensive Economic Partnership Agreement, which took place in February 2020. The bilateral agreement is viewed as a win for Australia’s grain exporters, who will enjoy an initial 500,000-tonne quota for feed grain,...

 

The Indonesia Investment Coordinating Board (BKPM) is targeting $64.7bn worth of foreign and domestic investment in 2020, which would mark an increase of 9.4% from 2019. Around 55% of the value is earmarked to come from foreign companies. However, this target is likely to be reassessed in light of the $50bn of investments that have been...

 

The dream of our government and of all Indonesians, our true ambition, is that by 2045, after one century of Indonesian independence, Indonesia will have escaped the middle-income trap. We have a clear goal of becoming an advanced country. We believe that if the current momentum persists and our economy continues to grow at today’s rates, we...

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