Indonesians are clearly avid internet surfers, but can they be made to pay? Convergence is the name of the game, with GSM operators banking on triple-play packages while fast-growing groups like James Riady’s Lippo Group are launching online news portals. While the lines have blurred between service and content providers, the challenge of how to...
Since TVRI’s 25-year monopoly in television was ended by the launch of RCTI in 1989 by Media Nusantara Citra (MNC), and Surya Citra Media’s SCTV shortly thereafter, the media sector has taken great strides in Indonesia. A number of large diversified conglomerates have emerged since, though these now face competition from smaller-sized firms....
In 2011, the Ministry of National Education (MoNE) named five priority programmes: early childhood education; ensuring all children aged 7 to 15 attend school; vocational education; improving university competitiveness in research and innovation; and giving scholarships to lecturers to earn doctoral degrees. The last item – teacher qualification –...
Early October 2011 saw the Indonesian government announce the winners of its second round of “Regional Champion” contests, with seven new provinces gaining the coveted title. The Regional Champions are provinces selected by the Indonesia Investment Coordinating Board (BKPM) for their success in promoting investment, business and economic growth...
Long cited as an example of a successful Muslim democracy by political and religious leaders from a wide array of faiths and nationalities, Indonesia’s cultural blueprint continues to provide a stable bedrock for increasingly welcoming political and economic climates. “We are a Muslim majority nation, but democracy also works very well here,” the...
Although Indonesia may be home to more than 200m Muslims, its share of Islamic finance products compared to conventional financial instruments is still fairly small. With these specialised banking and financial services growing by as much as 20% per year, there remains significant potential for the country to capture a larger slice of this market...
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