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There were 2,045 results found for Asia and Economy

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Overview

Tips and information for travellers to Indonesia
OBG
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Business Attire The traditional batik shirt is commonly worn in the office and considered proper business attire. A suit or white shirt, tie and slacks for men is also normal business attire, as is a suit or dress for women. Offering a business card is common. Visas Citizens from 97 nations can secure a 30-day tourist visa upon arrival. For those who wish to stay longer, a 30-day extension can be…

Overview

Start-ups boost investment in Indonesia’s digital economy
OBG
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The ubiquitous presence of digital technologies in global economic activity means that they are expected to remain a key part of Indonesia’s economy, which is growing at a rapid pace (see Economy chapter). A large and competitive telecommunications market, and robust growth in financial technology (fintech) uptake and e-commerce activity, are driving growth in the digital economy. In addition, the…

Interview

Yukki Hanafi, Acting Chairman, Indonesian Chamber of Commerce and Industry (KADIN): Interview
OBG
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Interview: Yukki Hanafi, Acting Chairman, Indonesian Chamber of Commerce and Industry (KADIN) Which key industry segments should be prioritised to enhance economic growth and international competitiveness in the coming years? YUKKI HANAFI: Indonesia achieved 5.3% economic growth in 2022 and a peak in export value of $291bn. Aligned with the Golden Indonesia 2045 vision – launched in September 2023…

Interview

Shinta Kamdani, Honorary Trustee, Indonesia Business Council for Sustainable Development (IBCSD): Interview
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Interview:Shinta Kamdani, Honorary Trustee, Indonesia Business Council for Sustainable Development (IBCSD) To what extent does sustainable development play a role in Indonesia’s business ecosystem? SHINTA KAMDANI: Sustainable development is increasingly crucial to Indonesia’s business ecosystem, addressing the country’s significant challenges and global demand for sustainable practices.…

Interview

Kusumo Martanto, CEO and co-founder, Blibli: Interview
OBG
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Interview: Kusumo Martanto, CEO and co-founder, Blibli What is your assessment of the current status of Indonesia’s digital economy? KUSUMO MARTANTO: The digital economy of Indonesia is flourishing and stands out on a global scale, buoyed by its stable and optimistic economic trajectory, as forecast by the World Bank, with predictions of sustained growth extending through 2026. The country has…

Chapter

The Report: Indonesia 2024: Trade & Investment
OBG
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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…

Chapter

The Report: Indonesia 2024: Economy
OBG
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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…

Chapter

The Report: Indonesia 2024: Digital Economy
OBG
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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…

Chapter

The Report: Indonesia 2024: The Guide
OBG
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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…

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