Sovereign bond issuance is set to accelerate in Indonesia, after global ratings agency Standard & Poor’s (S&P) became the last of the big three international ratings agencies to upgrade its sovereign credit rating to investment grade. The country has made notable progress in improved budgeting practices, cutting spending and launching...
Hailed by Chinese President Xi Jinping as “the project of the century”, the One Belt, One Road (OBOR) initiative promises to radically transform a vast swathe of the world’s trade and transport infrastructure. In doing so, it may also transform the way Asia does business with the world, and the way the world does business with Asia.
While the Republic of Indonesia is just over seven decades old in its current form, the South-east Asian nation of more than 17,000 islands has a much longer history under other names. The name Indonesia was first used in 1850 by British anthropologist James Richardson Logan in referring to the extensive group of islands that was known at the...
One of the world’s largest democracies, with a population of around 259m spread across some 17,000 islands, Indonesia today faces some complex political challenges. Home to dozens of different ethnicities, several major religions and hundreds of languages and dialects, governance has long required a balancing of centralising and decentralising...
Since his first overseas trip as president in November 2014, to the APEC summit in Beijing, President Joko Widodo has taken a proactive role in strengthening and diversifying Indonesia’s bilateral relations. As the dominant political and economic power in ASEAN, Indonesia’s participation in the ASEAN Economic Community (AEC) will have a...
With China and India seeing unprecedented growth over the past decade, global trade has increasingly pivoted towards Asia, putting ASEAN in a favourable position to capitalise on new regional opportunities. Official integration of the ASEAN Economic Community (AEC) is set to have a dramatic impact on future trade growth, both within ASEAN and...
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