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Higher levels of investment, coupled with strong performance from both the tourism and real estate sectors, have put Sharjah’s economy on course to expand above nationwide forecasts, with momentum expected to continue into 2018.

 

After long-term struggles to meet tax collection targets, the government rolled out a bold tax amnesty initiative in 2016. The programme – eliminating criminal prosecution and large back tax bills, and offering lower tax rates on hidden assets – has been successful, as trillions of rupiahs of onshore and offshore assets and income have been...

 

What measures and policies can further support Indonesian GDP growth in the coming years?

 

Commodities exports are an important part of the Indonesian economy, and the country has been negatively affected by a slump in global prices, with export receipts contracting significantly since 2012. Although much of this is due to weakening demand in China, Europe and the US, the recent introduction of several protectionist policies –...

 

The airline market in Indonesia is one of the fastest-growing globally and a leading driver of transport industry growth. Although this expansion has created capacity constraints at its primary air hub, Soekarno-Hatta International Airport in Jakarta, the recent completion of a third terminal has significantly boosted capacity, better enabling...

 

Road, port, airport and rail upgrades are a critical priority for the government of President Joko Widodo, with his administration having overseen an infrastructure and transport spending surge since taking office in 2014. The main aims of this increased resource allotment is to lower transportation costs across the board – which are among the...