Indonesia

Infrastructure provision remains a big challenge, from project design and prioritisation through to financing and delivery. There is a need to boost investment in infrastructure to raise growth prospects, both in the shortterm to insulate against a global slowing of growth and for the long-term benefits of boosting the supply capacity of our...

Accounting for some 91% of employment, 57% of GDP and 20% of exports by value in 2012, according to Bank Indonesia (BI) statistics, micro, small and medium-sized enterprises (MSMEs) form the backbone of Indonesia’s economy. Yet the predominantly informal nature of such companies has constrained their access to funding and scope for growth....

People say that all is fair in love and war, and based on recent examples, it would appear that this true of business in Indonesia as well. There are currently criminal proceedings against at least three big corporations in Indonesia, including Chevron Pacific Indonesia – relating to an allegation of corruption in the firm’s bioremediation...

Banking remains a highly profitable sector in Indonesia despite being limited in its reach. Leading banks’ average profits were the highest amongst major economies in 2012, according to Bloomberg data, a remarkable feat in an era of falling bank profits globally. Credit and savings remain marginal, however, with loans accounting for 32.85% of...

Corruption is not new. It is as old as the history of human beings. And it will always be with us, because there will always be people who want to live in luxury, to be part of the jet set community, to be closer to the centres of power. No one can eradicate corruption completely, but there are ways to minimise it. In the case of Indonesia,...