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Given Indonesia’s large population of nearly 220m – which is expanding by more than 1% per annum – its growing middle class and a GDP rising at about 6% a year, the insurance sector stands to benefit from these fundamentals in the years ahead. Overall insurance company assets increased by 14.5% in 2014, according to preliminary statistics from the Financial Services Authority (OJK), and total assets have more than doubled in the five years to 2014. However, even as insurers garner more business, there will be challenges for the OJK, as it works to achieve the right balance of regulation to ensure long-term sustainability without limiting growth or worrying investors. This chapter contains an interview with Rinaldi Mudahar, President-Director, Prudential Indonesia.

This chapter contains useful information for visitors to Indonesia, including a listing of recommended hotels, phone numbers for foreign missions, chambers of commerce, national press, and other important contacts, as well as tips for etiquette, transport, and how to obtain an Indonesian visa.

This chapter examines Indonesia’s legal framework, focusing on the new land management policy that has been introduced as a solution to issues with overlapping land claims. It also contains a viewpoint from Todung Mulya Lubis, Senior Partner, Lubis, Santosa & Maramis.

This chapter examines Indonesia’s tax environment, focusing on changes to the tax system and regulations for potential investors. It also contains a viewpoint from Ay Tjhing Phan, Tax Leader, PwC.

Ranking fourth globally in size after China, India and the US, Indonesia’s education system is large and varied, a complex interweaving of public and private systems all governed to some extent by centralised and decentralised government oversight. A succession of governments has seen education as one of the country’s most powerful economic levers and has formulated plans to exploit it by providing road maps for excellence in education, both public and private. Although the education system faces challenges all along the line, the reasons to continue to strive for academic excellence are many. This means introducing and promoting entrepreneurship, championing excellence in teacher training, changing the national exams system where necessary, encouraging vocational training to close the skills gap and ramping up innovation to compete in a knowledge-based economy within the AEC. This chapter contains interviews with Anies Baswedan, Minister of Primary and Secondary Education and Culture; and Nenny Soemawinata, Managing Director, Putera Sampoerna Foundation.

The year 2015 marks the second year of the roll out of universal health care in Indonesia. The plan saw a challenging launch in 2014, but administrators and lawmakers are continuing to work toward the target of full implementation by 2019. As more people seek health care because they have coverage, more hospitals are needed, as are more medical staff. Analysts blame regulation disparities, poor health care infrastructure and an urban-rural gap in the number of medical staff attending to each region for the potential difficulty in meeting the 2019 deadline. However, having made universal health care a top priority, the government is determined to overcome these challenges. This chapter contains a dialogue with Jorge Wagner, President-Director, Boehringer Ingelheim Indonesia, and Bernadette Ruth Irawati Setiady, President-Director, Kalbe Pharma; and an interview with Andi Wijaya, Chairman, Prodia.