India and China get the plaudits, but Indonesia is also taking impressive digital strides capitalising on local talent.
Business
Indonesia has renewed its threat to take back Shell’s (SHEL.L) stake in the gas-rich Masela block if it fails to sell it by next year, according to a senior government official, who confirmed Malaysia’s state-run Petronas was a potential buyer.
Covid-19 forced Southeast Asia’s largest economy to make do without foreign capital and reimagine its economic destiny.
The $31bn development project on Borneo is so far falling short of its investment goals.
Tourism experts have lauded the “excellent” improvement in relations between Cambodia and Indonesia, the largest and most populous country in Southeast Asia.
Entrepreneurship has been a theme of Indonesian President Joko Widodo’s policies from the outset. One of his most enterprising decisions was the appointment of Harvard-educated Nadiem Makarim as his new minister of education, culture, research, and technology in 2019.
Investors looking to diversify from China turn spotlight on southeast Asian country.
Everything you think, see, say, and do is related to digital in some way, in this era where digital has swept every corner of our lives.
Sweet opportunities for the Indonesian premium chocolate industry abound under a new partnership between Jakarta-based fine chocolate manufacturer Pipiltin Cocoa and Katalis, a business development program backed by the Australian and Indonesian governments.
GDP expands by 5.03 percent in the January-March period despite slowing exports.
Eighty-four per cent of Indonesian small businesses expect to grow in 2023, the second highest result for the Asia-Pacific region, a new survey shows.
“[The national debt] is only 39 per cent of GDP, a figure that is relatively safe compared to other countries,” said Bank Permata’s chief economist.
The Indonesian poultry industry is poised to see constrained growth this year as firms’ bottom lines are eroded by a prolonged oversupply of live birds and higher input costs, despite an increase in sales last year.
Increased foreign inflows helped Indonesian banks cement their position among the biggest banks in Southeast Asia by market capitalization during the first quarter.
Most Indonesians are ready to go cashless, embracing digital payment methods because they offer simplicity and security, a survey found.
Indonesia’s central bank this week kept its benchmark interest rates unchanged for a third straight meeting, predicting headline inflation would be back within its target sooner and after the rupiah currency strengthened significantly.
