Twenty years on from a severe financial crisis that still shapes the industry, the banking sector in Indonesia is crowded but rich in opportunity. A diverse array of banks and non-bank financial institutions (NBFIs) vie for existing customers and work to attract new ones, in what still remains a lightly penetrated market. With the world’s...
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ETIQUETTE: Indonesians do not like conflict, thus being friendly, outgoing and peaceful is recommended for interactions. Saving face and not being caustic are very important for travellers to remember. It is more efficient to deal with any problem with a smile and patience than by raising your voice and arguing. A handshake is usually...
OAKWOOD PREMIER COZMO JAKARTA Jl. DR. Ide Anak Agung Gede Agung Blok E4.2 No.1, Mega Kuningan T: +62 (21) 2554 2300 csr.cozmojakarta@oakwoodasia.com www.oakwoodasia.com/serviced-apartments/ indonesia/oakwood-jakarta Rooms: 197 one-, two- and three-bedroom serviced apartments. Business & Conference Facilities: Business services and 2...
Indonesia has entered the final stages of its universal health care system rollout, which is set to stimulate continued growth across the private sector. The public scheme will provide an alternative to the country’s private system, addressing the lack of access for Indonesians who cannot afford private coverage but do not qualify for state-...
Indonesia’s GDP growth for the first half of 2018 was estimated at 5.7%. However, in line with other emerging markets, Indonesia was faced with the challenge of a sliding rupiah against the US dollar over the course of the year. To help curb negative effects that may arise from this, Indonesia has redoubled efforts to reduce imports. It is...
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