Indonesia

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With the year ahead set to see the much-anticipated election of a new president and new national and regional legislatures, 2014 will likely be a time of great political activity in Indonesia. Some 15 parties (three just local to Aceh) will contest for the votes of approximately 175m potential voters, 67m of whom will be casting a ballot for the...

On the cusp of 2014 national elections and the 2015 integration of the ASEAN Economic Community, Indonesia is poised to continue its rapid economic expansion. While the country’s natural resources are still plentiful, by channelling foreign direct investment into the right areas, the government is ensuring that true potential, in terms of value and manufacturing, is achieved.

Chapter | Economy from The Report: Indonesia 2014

Following a decade of growth at an average rate of 6% per year, Indonesia’s economy faced external and internal challenges in 2013. As the world’s 16th-largest economy in 2012, with a GDP of Rp824trn ($824bn) and a population of 247m citizens, Indonesia has strong fundamentals for long-term growth. While the sharp reversal of foreign portfolio investment (FPI) flows from May 2013 emphasised...

Chapter | Real Estate from The Report: Indonesia 2014

Rising capital values, favourable interest rates and strong demand have created a promising environment for Indonesia’s real estate sector, which posted impressive expansion numbers in 2013. While the US and EU have struggled with the lingering effects of the global financial crisis, South-east Asia has powered on, with Indonesia topping the list of the world’s fastest growing luxury real estate...

Chapter | Banking from The Report: Indonesia 2014

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 plays a modest role in the Indonesian economy, with loans amounting to 32.85% of GDP. This is considerably lower than in many...

Chapter | The Guide from The Report: Indonesia 2014

The Guide offers readers useful facts for visitors, including business etiquette, procedures for obtaining a visa, and tips for transport. It also contains a list of suggested hotels as well as the locations and phone numbers for embassies, hospitals, travel agencies and other important contacts for visitors. This chapter also features a guide piece on Indonesia’s Komodo National Park, home to...

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