As it seeks to improve the quality of living for its people and support industrialization, Indonesia needs more investment in electricity systems. Unless private players step up to the plate, Indonesia will be hard-pressed to meet its development targets.
Bank Indonesia recently issued several regulations related to foreign exchange transactions by Indonesian banks. These regulations update existing regulations with the goal of creating a healthy foreign exchange market in Indonesia, as is explained in this summary.
At a time when conventional investment products in developed economies have lost appeal due to their unattractively low yields, investors around the world are turning to sukuk. For Indonesia, this is an opportunity to carve out a greater share of the global market.
Given the importance of fuel subsidy reform to the perceived success of Joko Widodo’s first 100 days in office, speculation has shifted from the actualisation of this policy change to the specific details of its implementation. Attention is now rightly being paid to industries most affected by this reform and its impact on the business landscape.
Efficient railway connections are pivotal to unlock the full potential of Indonesia's emerging economy, as the focus of business and trade activity gradually shifts from the industrial heartland of West Java to far flung regions of the archipelago.
With the deadline for companies to register their employees with BPJS looming, Indonesia’s new government has not yet deviated from the plan to overhaul the social security system. In keeping with earlier reports, businesses must register by 1st January 2015.
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