Large conglomerates, often with ties to politics, dominate the media sector. Still, offerings have expanded in recent years to feed a population hungry for content, and Indonesians now have 10 free-to-air channels as well as a wide variety of pay-TV options. In 2010, advertising expenditure grew by 23% year-on-year to nearly $7.2bn, the sharpest rise since 2006. TV garnered most of this spending...
Indonesia
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Chapter | Legal Framework from The Report: Indonesia 2012
In partnership with Lubis Santosa & Maramis, OBG takes a look at Indonesia's legal system. Important changes include new rules on cost recovery in the hydrocarbons sector, laws on investment. This chapter includes a viewpoint from Todung Mulya Lubis, Senior Partner, Lubis Santosa & Maramis.
Economic update | Indonesia: Policies for growth
8 Jun 2012
The Indonesian economy is maintaining momentum in 2012, despite difficulties across the globe. A large domestic market and growing foreign direct investment (FDI) are ensuring that expansion remains steady. Policymakers and government officials are aware of the downside risks that exist, however, particularly regarding the uncertain global economic climate and the need to tackle the issues that hold back Indonesia’s long-term prospects.
Economic update | Indonesia: Realising potential
2 May 2012
Rising visitor numbers are supporting the growth of Indonesia’s tourism industry, and the country is now looking to tap into growing markets and develop new destinations. While tourism is an important foreign currency earner and a moderate contributor to overall GDP, it is still small compared to regional leaders Thailand and Malaysia. Its growth outlook, however, is excellent.
Economic update | Indonesia: Far out front
25 Apr 2012
After topping Malaysia as the world’s primary producer and exporter of palm oil in 2007, Indonesia is now seeking to support its downstream refining operations and further expand this vital sector. The Indonesian government’s lowering of the export tax cap on crude palm oil (CPO) and refined products last August has seen local refiners moving ahead of their rivals.
Economic update | Indonesia: Reaching for the sky
30 Mar 2012
The country’s airlines are benefitting from rapidly increasing demand throughout the archipelago and beyond as they look towards international expansion. With one airline having recently signed the largest single deal in aviation history and expansion of airports underway the sector is experiencing a structural turnaround.