Indonesia’s healthcare industry continues to grow rapidly and remains a lucrative investment opportunity for investors. Almost all aspects of the healthcare industry showed significant increases in sales over the course of 2015; outperforming various other industries.
Waste management poses a mounting challenge in Indonesia as growing household consumption and accelerated business activity gives rise to higher volumes of organic food waste, plastic packaging and industrial byproducts.
Indonesia’s medical and healthcare sector has long been in need of urgent treatment. In a region still suffering from a shortage of medical personnel relative to the rest of the world, Indonesia stands as the poster child for said inadequacy, with only 0.2 doctors per 1,000 people.
As Indonesia strives to avoid getting stuck in the middle-income trap that threatens emerging economies, its businesses need to tackle high logistics costs and improve operational efficiency. Information and communications technology (ICT) can address both of these areas simultaneously.
Indonesia’s spending on ICT has been growing dramatically to make it the largest spender in South East Asia and ranked 19th globally. This article looks at some of the key trends within the sector and prospects for further areas of growth in the future.
Although estimates vary, in Indonesia today, only about one out of every three people are connected to the web, and connection speeds are slow, largely thanks to challenging geography and a thinly spread population of around 255 million people.
This section looks at the Indonesian government programs in place to improve the country’s internet penetration by providing greater access to regions outside of Java such as the Palapa Ring Program which will create a nationwide fibre optic network.
Indonesia continues to serve as one of the world’s most promising markets for app-based businesses that are able to appeal to a youthful, smartphone-savvy consumer base by offering convenient solutions to the country’s day to day challenges.
Growing connectivity is the central theme of Indonesia's development roadmap. As business activity increases outside of the country's economic centre of West Java, so too does the need for effective communications.
Indonesia’s e-commerce market is fast becoming one of Asia’s most attractive destinations for investment. Driven by the sustained success of local pioneers in online B2C and C2C, as well as the emergence of new start-ups and the entry of international players, the industry is positioned to flourish as the number of internet users in the country rises.
Demand for hotel accommodation is set to rise significantly over the coming years as Indonesia continues to attract growing numbers of travellers from around the world. At the same time, Indonesians themselves are travelling around the country like never before.
Indonesia’s retail sector is a patchwork of modern and traditional retail outlets with increased digitalisation accelerating the modern segment while also opening up opportunities to entrepreneurs and the traditional market.
Indonesia's retail landscape is undergoing profound change as modern outlets increasingly replace wet markets and independent small shops. While fluctuating strongly from one month to another, retail sales have generally outperformed GDP growth in recent years with double-digit annual increases.
Indonesia’s parliament on 11th February 2014 passed into law the country’s first over-arching trade bill in a move that provides the government with the legislative foundation from which to exert greater control over exports and imports.
Taking notice of the contribution and impact of the tourism and travel industry on the Indonesian economy, the current administration, through the now dedicated Ministry of Tourism, has begun to increase its effort to promote the country’s national tourism brand under the ‘Wonderful Indonesia’ campaign for the international market.
Long known for the idyllic beaches of Bali; the rest of the Archipelago has yet to attract the tourism numbers that it deserves. This section looks at some of the obstacles holding back the tourism sector to date and reforms being undertaken to improve logistics and human resources.
On course to achieve its target of a 10% increase in tourist arrivals in 2014, Indonesia’s tourism industry is beginning to show signs of fulfilling its immense potential. The country’s unique geography and the easing of foreign investment restrictions in particular present real opportunities to tap into the lucrative field of maritime tourism.
On the 30th October 2013, Indonesia will host the 3rd annual Indonesia Halal Expo in Jakarta as part of a growing movement within the economy to embrace shariah compliant business opportunities.
The number of airline passengers in Indonesia almost doubled from 2008 to 2012, with both domestic and international flights seeing double-digit annual growth. The archipelago’s geographic nature gives air transportation a natural advantage over road and rail, and rising personal incomes allow a growing part of the population to fly.
Indonesia’s logistics sector is currently recording strong double digit growth due to the continuous development of the Indonesian economy driven by resilient domestic demand. However, its performance in international rankings remains weak.
The Indonesia logistics sector is facing a period of rising demand in line with increased consumer and industry activity across the archipelago as a whole, as well as expanding external trade volumes. This article looks at the key trends in the sector as well as infrastructure challenges.
Gridlock in the capital and increasingly in secondary cities has spurred improvements in passenger railway services to connect commuters to the suburbs. However, utilising railways to unclog bottlenecks and reduce logistics costs for cargo transportation remains neglected.
As Indonesia’s economy has grown so too have the challenges in providing a well-organised public transport system. Rising incomes and the flow of people into densely populated cities have already led to total gridlock in the capital, costing the country a fortune in lost productivity, wasted fuel and missed business opportunities.
Good maritime connectivity is key to Indonesia's further economic development, for unless the country's high logistics costs can be brought down, local companies will have a hard time taking on overseas competition in the ASEAN Economic Community.
Located along some of the world’s busiest sea lanes, Indonesia offers tremendous potential for sea transportation. While the 2013 slowdown in investment and consumption also affected maritime cargo, the sector is bound to bounce back once the overall economy brightens up again.
Amid a concerted drive towards increasing activity in oil and gas exploration, Indonesia in 2014 announced revisions to cabotage principles for offshore vessels. This update looks at changes to deadlines for exemption from cabotage laws for several offshore vessel types, in light of the country’s growth strategy for the shipyard industry.
Contribution to GDP: 39.07% (Q3 2015)
Sector Growth: ICT 10.83%, Hospitality 4.53% (yoy, Q3 2015)
Number Employed in the Sector: 54.9 million (February 2015)
Main Areas: Retail, Transportation, Media, Telecommunications, Finance, Hospitality, Tourism.
Government Bodies: Ministry of Trade, Ministry of Tourism, Ministry of Transportation, Ministry of Manpower.