Indonesia presents substantial potential as a tourist destination due to its diverse natural landscapes, including beautiful beaches, lush tropical forests, majestic mountains and expansive seas. Although the country has a well-established tourism industry, there remains considerable room for expansion. The administration of President Joko Widodo, better known as President Jokowi, who will conclude…
Indonesia has experienced strong trade surpluses and a rise in foreign direct investment in recent years, especially following the easing of Covid-19 disruptions. Since 2020 the country has implemented significant reforms in trade, investment, immigration, labour and real estate laws, making it more attractive to international businesses. Designated trade and investment zones have further boosted foreign…
Indonesia, with the world’s fourth-largest population and the 16th-largest economy, has seen considerable progress under President Joko Widodo, better known as President Jokowi, who has led the nation for a decade. His administration has driven substantial socio-economic advancement through extensive infrastructure improvements, regulatory reforms and a focus on enhancing the workforce. These efforts…
Digital technologies play a crucial role in Indonesia’s burgeoning economy, driven by a competitive telecommunications sector and rapid growth in financial technology and e-commerce. The Covid-19 pandemic significantly accelerated the migration of business operations, education and social interactions online, highlighting the importance of digital infrastructure. Indonesia's young population and…
Indonesia’s banking sector is large, complex and profitable, driven by a population of nearly 280m people, the fourth largest in the world. However, a significant portion of the population remains unbanked or underbanked, creating socio-economic challenges. The lack of digital infrastructure, particularly in rural and remote areas, exacerbated these issues during the Covid-19 pandemic. In response,…
Indonesia is undertaking a major industrial transformation with the goal of becoming a significant regional centre for manufacturing and trade. Central to this initiative is the Making Indonesia 4.0 strategy, which aims to integrate Industry 4.0 technologies into the country’s production processes. This strategy is part of a broader effort by the government to diversify the economy away from its…
Indonesia is among the world’s largest and fastest-growing energy consumers. While natural gas and oil production have declined over the past decade, coal production has surged to meet both domestic and export needs. Renewable energy, however, is on the rise. The 2022 energy transition plan and the 2023 green energy investment fund are set to accelerate renewable energy adoption through 2030. Indonesia's…
In line with national development and sustainability efforts, changes to Indonesia’s legal framework aim to enable green financing, facilitate land acquisition and management for international companies and outline the formation of public-private partnerships. Carbon and emissions trading, as well as the newly formed Land Bank Agency are set to influence the expansion and diversification of Indonesia’s…
This section includes selected listings of Jakarta’s and Bali’s hotels, as well as helpful tips for business and leisure travellers planning to visit the country…
Indonesia, a South-east Asian nation of over 17,000 islands, has a rich history stretching back millions of years, with early human ancestors living on the archipelago as far back as 1.9m years ago. The term "Indonesia" was first coined in 1850 by British anthropologist James Richardson Logan, referring to what was then known as the Indian or Malay Archipelago. By 2000 BCE, the islands were inhabited…
