Asia Economy

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Having long given its support to regional and multilateral efforts to promote trade, Brunei Darussalam has recently been highly involved in negotiations for a new multilateral free trade agreement that could transform the economies of the Asia-Pacific region.

Since 1999 and the beginnings of the current democratic era in Indonesia, the country’s regions have had a much greater say in their own governance and economic development. A process of decentralisation begun in 1999 has continued to impact business and investment until today, with the results often controversial. At the same time, certain...

Indonesia is often described as having undergone a “big bang” decentralisation process. This view points to the unfinished agenda of Indonesia’s decentralisation architecture. But it hides more than it reveals. In fact, decentralisation was but a single act in the unfolding drama of Indonesia’s systemic transition.

The year 2011 could turn out highly important for the Indonesian province of South Sumatra, as it prepares to host the South East Asian (SEA) Games, an event that will focus regional attention on an up-and-coming investment destination. Indeed, the province also hopes to benefit widely from the attention it has received as one of the country’s...

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...

What progress has been made in attracting investment in the regions and in added-value industries?

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