Alongside Indonesia’s emphasis on the importance of economic development, the country is at the same time working to protect itself from some of the unintended consequences of that development, especially in the retail sector. The emerging middle class will continue to help drive the economy forward, but the retail sector that serves it has the...
Indonesia has a fast developing retail sector, and all signs point toward it evolving quickly from highly fragmented and basic in terms of quality, service and efficiency to one similar to advanced ASEAN countries, with modern trade outlets and large groups leading the way. Indonesian consumers are active and increasingly prosperous. Firms are...
The automotive sector in Indonesia saw surprising growth in 2013. Although industry players and analysts had largely anticipated a flat year, 1.23m units were sold, an increase of 10.2% from 2012. But despite the healthy rise in sales, concerns remain. The somewhat strong performance comes after a run of exceptional growth – 25%, 17% and 57% in...
With the introduction of universal health care in Indonesia on January 1, 2014, the pharmaceutical sector in the country is set for a boost. While the roll-out of the programme will be slow, a much expanded proportion of the population will be able to receive increasingly advanced and innovative drugs for their ailments.
While Indonesia’s GDP continues its steady climb and the middle class rapidly expands, many firms are looking at the country as a consumer market rather than strictly as an export hub. Domestic sales are rising, prompting suppliers to seek industrial land for expansion. Costs are increasing and capacity is maxing out, while food and beverage,...
One of the fastest growing real estate regions within Indonesia in recent years has been east of Java – the residential, resort and hotel market on the island of Bali. Today, however, there are signs of a push even further afield – to islands in the south- and north-eastern parts of the country that have previously been off the international...
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