Indonesia Economic Research Highlights
Why environmental, social and governance alignment can raise investment appeal
Niko Safavi, President Director, Mowilex Indonesia
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...
How Indonesian financial institutions aim to attract the unbanked
Batara Sianturi, CEO, Citi Indonesia
In this video, Batara Sianturi, CEO of Citi Indonesia, details the monetary and fiscal outlook for the country and global trends that are impacting all economies.
Indonesia ESG Intelligence Reports
ESG Intelligence Report
ESG: Indonesia’s role in ASEAN’s energy transition
Indonesia’s environmental, social and governance (ESG) and UN Sustainable Development Goal (SDG) priorities centre on the affordable transition to renewable energy, socio-economic growth beyond Jakarta, and improved governance in both the public and private sector.
ESG Intelligence Report
ESG report: A case study in Asia’s energy sector
Environmental, social and governance (ESG) considerations are playing an increasingly important role in Asia as investors, regulators and consumers seek products and services that offer positive impact and pose less risk.
ESG Intelligence Report
Report: The evolution of ESG in paint production in Indonesia
Investors, regulators and consumers around the globe are increasing their focus on environmental, social and governance (ESG) principles as they seek products and services that protect the environment, mitigate social risk and offer positive returns for stakeholders.
ESG: Indonesia’s role in ASEAN’s energy transition
ESG report: A case study in Asia’s energy sector
Report: The evolution of ESG in paint production in Indonesia
ESG and Indonesia: Which factors will drive growth?
Indonesia’s commitment to environmental, social and governance (ESG) principles is clear from its 2022 G20 Presidency focus on sustainability and environmental leadership, with topics likely to include digitalisation and sustainable finance. The recent UN COP26 conference, meanwhile, has further solidified climate sustainability as an urgent concern for the coming decade – for Indonesia as well as the world.
ESG Research: Indonesia and beyond
Economic NewsCould emerging markets become world leaders in solar power exports?
As demand for renewable energy grows globally, several emerging markets are positioning themselves as leaders in exporting solar power.
Economic News
Mining and electric vehicles: what can be done to reduce the carbon footprint?
Indonesia has taken another step towards its quest to become a leading electric vehicle (EV) player, with the world’s two largest producers of EV batteries recently announcing major projects in the country.
Economic News
How does Asia Pacific rank on net-zero emissions targets?
A recent report found that relatively few companies in the Asia-Pacific region have adopted net-zero carbon emission strategies to date. Nevertheless, there are grounds for cautious optimism as pacesetters in the region announce ambitious targets and experiment with innovative decarbonisation strategies.
Economic News
How can emerging markets capitalise on geothermal energy’s potential?
One of the countries leveraging its significant geothermal potential is Kenya. Located on the Great Rift Valley – where tectonic plates meet and bring magma closer to the earth’s surface – Kenya derives almost half of its electricity from geothermal sources, according to Fitch Solutions, with its contribution set to expand to nearly three-fifths by 2030.
Economic News
What does the future hold for Islamic finance?
After remaining resilient in 2020, the Islamic finance segment is performing strongly this year, as an improved economic environment, a rise in the number of large projects and an increased focus on environmental, social and governance (ESG) factors combine to drive demand.
Economic News
ESG in ASEAN: a shared vision of sustainable recovery
Environmental, social and governance (ESG) criteria are increasingly shaping the global corporate agenda. ASEAN presents a range of ESG opportunities: green infrastructure will boost ‘E’ developments; alternative financing will support ‘S’ impact; and enhanced ‘G’ collaboration could facilitate a coordinated recovery from the worst economic consequences of the pandemic.
Economic News
Can universal ESG standards eliminate greenwashing?
An initiative that encourages companies to meet science-based emissions targets has seen significant growth in recent months. The success of the Science-Based Targets Initiative (SBTi) has highlighted the appetite for a more stringent and universal approach to ESG reporting.
ESG CEO Survey: Is the board room getting greener?
Across government departments, corporate board rooms and management meetings, the implementation of environmental, social and governance (ESG) strategies is at the forefront of current planning. It is not just a symbolic tick in the box either.
Covid-19 Response Reports - Indonesia
Focus Report
Report: Where are the digital growth opportunities for Indonesia's banks in the post-pandemic world?
Alongside rising GDP and manageable public debt levels, Indonesia’s banks maintained robust performance in the six months leading to the pandemic.
Focus Report
Report: How the pandemic is reshaping ASEAN construction demands
Construction – and infrastructure development in particular – is expected to be a key driver of economic growth across ASEAN from 2021.
Focus Report
Report: Will the Covid-19 pandemic reshape Indonesia’s multifinance industry?
OBGplus
Indonesia’s robust economic growth in the years leading up to the pandemic, combined with low public debt, provided the country with a stronger cushion than in previous global crises.
Focus Report
Report: How did telemedicine enhance Indonesia’s response to Covid-19?
This report looks at how telemedicine and digital services can bridge health care gaps, with a particular focus on how telemedicine firms boosted the response to Covid-19 and the likely long-term implications for growth in this segment.
Focus Report
Report: Can Indonesia make a sustainable recovery from Covid-19?
Indonesia entered the pandemic period on the cusp of reform, with the newly elected government determined to support human capital development and address structural challenges to growth and investment.
Report: Where are the digital growth opportunities for Indonesia's banks in the post-pandemic world?
Report: How the pandemic is reshaping ASEAN construction demands
Report: Will the Covid-19 pandemic reshape Indonesia’s multifinance industry?
Report: How did telemedicine enhance Indonesia’s response to Covid-19?
Report: Can Indonesia make a sustainable recovery from Covid-19?
On the goals of his second term and transforming Indonesia into an advanced country
President Joko Widodo: Viewpoint
Delivering results: President Joko Widodo, on the goals of his second term and transforming Indonesia into an advanced country.
Economic Analysis: Indonesia
Economic News
Policy changes and reforms to grow Indonesia's economy
OBGplus
Indonesia is the only G20 economy in South-east Asia and is home to the world’s fourth-largest population. While it possesses a variety of natural resources, taking full advantage of this endowment is challenging due to constraints.
Overview
How Indonesia is decentralising prosperity and investment
OBGplus
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 island of Java and the country’s capital Jakarta.
Interview
Sri Mulyani, Minister of Finance
OBGplus
Attractive destination: Sri Mulyani, Minister of Finance, on measures to encourage investment and inclusive economic growth
Overview
Diversified product offerings boost Indonesian financial services
OBGplus
The development of Indonesia’s capital markets has been buoyed by strong investor interest and high, consumption-led economic expansion on the back of a government push to boost annual GDP growth.
Policy changes and reforms to grow Indonesia's economy
How Indonesia is decentralising prosperity and investment
Sri Mulyani, Minister of Finance
Diversified product offerings boost Indonesian financial services
The Report: Indonesia 2020
Indonesia is the world’s 16th-largest economy and presents an enticing opportunity for investors, with ongoing reform efforts and attractive demographics. Meanwhile, a booming start-up ecosystem signals the country’s rising consumer power and regional influence. While headwinds are expected to follow Covid-19, Indonesia’s strong foundations will help maintain momentum in the medium to long term.
How important will Indonesia’s digital economy be for long-term, inclusive growth?
Indonesia’s economy experienced a milder slowdown in 2020 than its ASEAN-5 neighbours, according the IMF’s April 2021 World Economic Outlook, and also fared better than 16 other G20 members. In spite of ongoing Covid-19-related challenges, the IMF expects Indonesia to experience robust expansion from 2021.
Indonesia's Digital Economy & Technology
OverviewHow Indonesian fintech companies are boosting financial inclusion
Indonesia’s financial technology (fintech) sector is one of the most dynamic and competitive in the world, as evidenced by the emergence of four unicorn companies – start-ups valued at over $1bn – and one decacorn, valued at over $10bn.
Interview
Johnny Plate, Minister of Communication and Information Technology
Innovative solutions: Johnny Plate, Minister of Communication and Information Technology, on the development of the digital economy
Overview
How is Indonesia developing its digital economy?
Indonesia is the largest economy in South-east Asia, the world’s fourth-most-populous nation, the 10th-largest economy in terms of purchasing power parity and a member of the G20.
Economic News
Is South-east Asia on the verge of a wave of tech IPOs?
A record initial public offering (IPO) from Indonesian e-commerce platform Bukalapak underscores the growth of South-east Asia’s digital economy during Covid-19, and has the potential to trigger further tech listings in the region’s maturing market.
Interview
Marc Carrel-Billiard, Global Senior Managing Director and Technology Innovation Lead, Accenture Labs
Future forward: Marc Carrel-Billiard, Global Senior Managing Director and Technology Innovation Lead, Accenture Labs, on leveraging technology and narrowing the digitalisation gap
Interview
Muhamad Fajrin Rasyid, Co-Founder, Bukalapak
Expand the ecosystem: Muhamad Fajrin Rasyid, Co-Founder, Bukalapak, on how to leverage the digital economy to create growth
Interview
Kiwi Aliwarga, Founder and Executive Chairman, UMG Idealab
Modern approach: Kiwi Aliwarga, Founder and Executive Chairman, UMG Idealab, on how technology can support farmers and production
Analysis - Elsewhere in Indonesia's Economy
InterviewTerawan Agus Putranto, Minister of Health: Interview
Temperature check: Terawan Agus Putranto, Minister of Health, on the importance of collaboration in combatting public health crises
Interview
Chris Wren, Executive Director, British Chamber of Commerce Indonesia: Interview
Strength in diversity: Chris Wren, Executive Director, British Chamber of Commerce Indonesia, on what to expect when visiting the country
Interview
Chan Chun Sing, Minister for Trade and Industry of Singapore: Interview
Enabling development: Chan Chun Sing, Minister for Trade and Industry of Singapore, on integrating the region and creating jobs in Indonesia
Economic News
Can Indonesia’s Omnibus Law drive its Covid-19 economic recovery?
Indonesia’s Omnibus Bill on Job Creation became law in October, with the government set to complete its implementation by the end of the year. While it has proved controversial in some quarters, many business leaders have welcomed this development, not least for its potential to help the economy offset the effects of the coronavirus pandemic.
Interview
Agus Gumiwang Kartasasmita, Minister of Industry: Interview
Top form: Agus Gumiwang Kartasasmita, Minister of Industry, on improving supply chains and harnessing technology
Economic News
Tax breaks for special economic zones in Indonesia
Indonesia has pledged to make special economic zones (SEZs) a policy priority. The zones are seen as a way to boost industrial activity and job creation, particularly in more remote, less developed regions.
Overview
Expanding e-governance and e-commerce in Indonesia
Indonesia’s ranking on the ease of doing business index in the World Bank’s “Doing Business 2020” report remained at 73rd of 190 countries, the same position as one year prior.
Featured Sectors in Indonesia
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