Faced with the prospect of a severe recession from weaker oil and metals prices and falling export revenue, the government of President Joko Widodo launched an ambitious five-year strategic plan in 2015.
Faced with the prospect of a severe recession from weaker oil and metals prices and falling export revenue, the government of President Joko Widodo launched an ambitious five-year strategic plan in 2015.
Indonesia’s start-ups have generated great excitement among international media and investors in recent years. The archipelago is home to four of South-east Asia’s seven unicorns, or start-ups valued at over $1bn, and the country’s top-10 start-ups raised $2bn in 2018. “Indonesia’s start-up ecosystem is becoming a reference point for other...
Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the global economy.
Indonesia has the largest GDP in South-east Asia and the fourth-largest population in the world. Some 70% of its citizens are under the age of 39, and many Indonesians are mobile-first and digital native consumers, making it a very attractive market for purveyors of data services, applications, software and hardware. Developing domestic ICT...
In an effort to bridge the geographical divide in digital services and provide high-speed internet across the country, the Widodo administration began work in 2016 on the Palapa Ring project. The priority infrastructure project comprises a 35,000-km fibre-optic cable network intended to provide access to 4G services throughout the archipelago...
In August 2018 Indonesia hosted the 18th Asian Games, welcoming athletes from 45 countries to compete in 47 events. Spread across multiple cities, the games provided a springboard for regional infrastructure development as well as a spotlight for the country’s tourism industry. Events were hosted across 28 venues in Indonesia, with Jakarta...
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