The country has pursued openness for years, lowering tariffs and working to follow the letter and spirit of its World Trade Organisation (WTO) commitments. Until the mid-1980s, the country had charted a protectionist course, which was successful and was followed in 1985 by a period of aggressive liberalisation. The tariff rate (simple mean, most...
The electronics retail market in Indonesia is crowded. Many players, raging from well established public companies in the fanciest of malls to no-name kiosks in disorderly low-end shopping centres vie for handset, tablet and accessory sales. The market is highly competitive and rapidly consolidating. Weaker players are being marginalised and will be...
With foreign direct investment (FDI) up, factories being built and real estate booming, the construction sector in Indonesia is expanding rapidly. The government is undertaking programmes to improve infrastructure, building roads, airports, railways and ports. This is partly the result of some long-delayed expenditure, with the country’s transport...
In Indonesia cigarettes are about much more than smoking. Like everywhere, the product is also about tax, revenue, business and health. It is relevant and important to many aspects of society and the economy. But in Indonesia, tobacco also has some fairly serious political and ultimately nationalistic aspects not often found elsewhere. Its sale and...
Long a stalwart of Indonesia’s economic development, particularly in terms of exports, the country’s mining and quarrying industry maintains a steady presence despite fluctuations in both global commodity prices and domestic mining policies. Claiming some of the world’s most expansive reserves of valuable minerals and largest operational mines, the...
The country’s insurance sector stands out as the fastest growing and most promising in South-east Asia, even within a region widely seen as the most attractive for the world’s major underwriters. Supported by rapid economic growth spurred by domestic consumption in the past decade, the sector has averaged compound annual growth of 20% in gross...
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