THE COMPANY: Austindo Nusantara Jaya (ANJT), established under the name Austindo Teguhjaya in 1993, engaged in financial services, health care, agrobusiness and energy prior to 2012. In that year, ANJT restructured its business to focus on palm oil and sago, as well as engage in power generation from...
Following a decade of averaging 6% growth per year, Indonesia’s economy faced both external and internal challenges in 2013. The world’s 16th-largest economy with GDP of Rp8242trn ($824bn) in 2012, which is a fourfold increase in a decade, and the fourth-most populated with 247m citizens, Indonesia has strong fundamentals for long-term growth....
Two years into the Master Plan for the Acceleration and Expansion of Indonesian Economic Development (MP3EI), progress has been spearheaded by government-led projects. Despite incentives and institutions established to attract private investment to public-private partnerships (PPPs), projects have been hindered by challenges in land acquisition...
East Java is the principal gateway to eastern Indonesia, and its transport and logistics network is crucial to the development of the province. With the Surabaya port of Tanjung Perak currently the country’s second-busiest seaport, the completion of the new multipurpose terminal, Teluk Lamong, is highly anticipated and should help to reduce...
Indonesian authorities are making moves to liberalise commerce by leveraging existing bilateral and multilateral trade agreements and moving ahead with closer integration with traditional partners. While its trade policy has not always been consistent in its liberalisation in recent years, eliciting complaints through the World Trade...
Despite having a large labour force of 121m people by February 2013, Indonesia has achieved a consistent fall in official unemployment over the past decade. Growing investment in manufacturing and services has driven job creation, although the most labour-intensive sectors tend to be the lowest value-added. With roughly half the 247m-population...
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