Financial inclusion is a key priority for Indonesia’s government. The country has made significant strides in expanding access to its unbanked population. According to the World Bank, the banked population has increased from 20% in 2011 to 49% in 2017. These improvements are the result of priorities that the state has set, with specific regard...
Indonesia’s GDP growth for the first half of 2018 was estimated at 5.7%. However, in line with other emerging markets, Indonesia was faced with the challenge of a sliding rupiah against the US dollar over the course of the year. To help curb negative effects that may arise from this, Indonesia has redoubled efforts to reduce imports. It is...
Rising health care costs, ageing populations and changing lifestyles in emerging economies are stoking demand for medical technology (medtech) solutions. These entail not just smart devices that remotely monitor and transmit biometric data, but any instance of technology that helps to deliver health services. These initiatives are happening...
Indonesia’s government allocates one-fifth of its budget to the education sector, with the goal of boosting its international rankings and pupils’ progress. However, certain challenges have impeded the full potential of this policy from being realised. For example, decentralisation of education policy undermines standardisation of curricula at...
Indonesia is continuing its efforts to promote foreign and domestic investment, capital accumulation, and the export of goods outside of energy and mineral resources. While a broad range of deregulatory measures have already been implemented, additional measures, such as tax facilities, are expected to be announced. It is anticipated that...
Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth that spans markets and continents. This demand for technical specialists from Mexico to Indonesia is often most concentrated in the sectors that are vital to economic advancement,...
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