After a boom in commercial development in Jakarta, there are concerns that a combination of oversupply, rising prices and slower economic growth could dampen demand, though serviced office space in the CBD and developments in secondary cities continue to offer opportunities.
Incentives such as import tax reductions and feed-in tariffs could help lead Indonesia’s drive to boost investment in the country’s underachieving renewable energy sector.
Government efforts to loosen regulations banning foreigners from directly owning property in Indonesia promise to bolster tax revenues and spur greater investor interest.
The investment board in Indonesia is ramping up initiatives to attract funds into the country as it launches a massive infrastructure programme designed to accelerate modernisation and promote growth.
A string of innovative financial products from Indonesian start-ups are circumventing the traditional payment and investment system, helping to broaden financial inclusion and challenging the established banks.
A visit by President Joko Widodo in April threw a spotlight on the Indonesia Stock Exchange (IDX), with the exchange’s benchmark hitting an all-time peak of 5523.29 in the days before the visit.
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