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
GESS INDONESIA GOES VIRTUAL. With the continuing uncertainty around the safety and feasibility of delivering mass gathering events, and following close consultation with key event stakeholders, we can confirm that GESS Indonesia will now be an entirely virtual event taking place on 4 - 5 November 2020. The virtual edition of the GESS Indonesia conference programme will feature both live and…
Human capital development is at the forefront of the second-term agenda of President Joko Widodo, better known as President Jokowi, as he attempts to build a future-ready workforce prepared to adapt to the Fourth Industrial Revolution (4IR), which is characterised by the application of new digital and automated technologies in production processes and service delivery. In 2018 the government unveiled…
Indonesia is potentially entering a demographic sweet spot, as around half of its population is currently under the age of 30. With this in mind, President Joko Widodo, better known as President Jokowi, has repeatedly stressed the need for the country to overhaul its education system in order to prepare the future workforce to compete in an information-, technology- and creativity-driven global marketplace. While…
Interview:Tony Fernandes Which roadblocks do entrepreneurs face in ASEAN economies, and where are there opportunities? TONY FERNANDES: There are some countries where entrepreneurship is difficult because the government owns everything. The government should create and enable entrepreneurs instead of interfering with their businesses. For example, there is potential for a huge conflict of interest…
As around half of Indonesia’s population is currently under the age of 30, President Joko Widodo, better known as President Jokowi, has repeatedly stressed the need for the country to overhaul its education system in order to prepare the future workforce to compete in an information-, technology- and creativity-driven global marketplace. While currently on hold due to the Covid-19 pandemic, the…
Although the first quarter of 2020 was dominated by disruptions stemming from the global Covid-19 pandemic, 2019 proved a strong year for Indonesia’s economy, which maintained a steady growth rate on the back of robust domestic consumption and continuing efforts to reform policy and simplify investment procedures. This was despite the general election and uncertainty surrounding trade relations
In 2018 the Indonesian economy recorded a growth rate of 5.2%, the highest in five years. This was in spite of a slump in the rupiah and a trade imbalance, and took place against a backdrop of rising US interest rates and deteriorating trade relations between the world’s two biggest economies. The country’s emphasis on industrialisation and infrastructure development is laying the foundations
Interview:Caroline Riady In terms of medical tourism, how competitive is Indonesia’s health sector globally? CAROLINE RIADY: Private hospitals and the Ministry of Health have been discussing the potential of increasing medical tourism for quite some time. Indonesian hospitals perform thousands of heart surgeries each year, and we also have expertise in other complex procedures, such as kidney…
Interview:Muhammad Anis What trends have you observed in Indonesia’s higher education sector in the past year? MUHAMMAD ANIS: Higher education has experienced many changes as a result of globalisation and new technologies. The development of new technologies – particularly those leading the Fourth Industrial Revolution, such as super-computers, robots, artificial intelligence and genetic…
