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…
Indonesia, a South-east Asian archipelago with over 17,000 islands, has a long history dating back millions of years, marked by the early presence of Austronesians and the spread of Islam, which became dominant by the 17th century. Currently, Indonesia is poised for significant economic growth under the incoming administration of Prabowo Subianto, which aims for 8% annual growth, targeting a top-f
With Indonesia's National Medium-Term Development Plan (RPJPN) 2025-45 underscoring the role of manufacturing for economic growth, the paint and coatings segment has a role to play in sustainable economic development. From eco-friendly formulations to strategic risk management, the sector continues to navigate towards responsible production.This report explores the industry's commitment to…
Indonesia continues to leverage sustainable finance, aligned with the UN Sustainable Development Goals (SDGs), as investor priorities shift towards ESG metrics. The country’s inaugural G20 Presidency in 2022 was a platform for the country to spearhead international progress towards ESG-aligned goals. With a focus on the sustainable energy transition, priorities included a comprehensive taxonomy…
In this Global Platform video, Niko Safavi, President Director, Mowilex Indonesia, discusses the steps paint and coatings manufacturers can take to promote environmental and social protection, and also evaluates the business opportunities presented by adherence to environmental, social and governance (ESG) principles. Prioritising ESG activities not only aligns with government sustainability objectives
