The investment board in Indonesia is ramping up initiatives to attract funds into the country as it launches a massive infrastructure programme designed to accelerate modernisation and promote growth.
Indonesia Economy
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As incoming Indonesian president Joko “Jokowi” Widodo prepares to take the reins on October 20, speculation is growing that the way in which he tackles cutting the huge fuel subsidies may come to define his presidency.
Economic update | Indonesia set for FDI shift
23 Jun 2014
A shift of emphasis is under way in the regime governing Indonesia’s foreign direct investment (FDI), as the country moves to boost capital inflows in some areas of the economy through regulatory changes, while closing other sectors to international players.
Strengthened by new deals in the transport, energy and agri-business sectors, foreign direct investment (FDI) in Indonesia’s East Java province has shown promising growth in recent years. Although the majority of FDI in Indonesia is sourced from other Asian nations, European investment has grown steadily since 2010, with East Java now poised to benefit from recently strengthened trade ties with the Netherlands.
Economic update | Indonesia Year in Review 2013
16 Jan 2014
The economy in Indonesia rounded out 2013 by posting relatively solid growth, despite a decline in global commodity prices and an increase in energy imports. The coming year’s performance is expected to be in high single digits, but risks include a tightening of external financing conditions and a softening of private consumption.
Slower growth in Indonesia may provide an impetus to realise a range of reforms that the government is planning, changes that could open several important and attractive sectors to greater foreign investment.