Asia Economy

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Stretching 5120 km from the shores of Aceh to the mountains of Papua, Indonesia is one of the world’s most diverse countries. An archipelago that reaches across time zones, Indonesia encompasses 17,000 islands – around 6000 of which are permanently inhabited – and comprises 34 different provinces, each with its own capital city. Within these...

 

A melting pot of ancient culture and high-tech start-ups against a backdrop of spectacular coastlines and towering volcanoes, the province of Yogyakarta is where Indonesia’s historical traditions and future prospects meet. With a young, dynamic population and a local government determined to attract global investment, the city and province are...

 

The government is increasingly tapping international bond markets as it advances a substantial infrastructure agenda. The country issued Asia’s largest sovereign bond in 2016, pushing total annual bond issuance above the $10bn threshold, while state-owned enterprises (SOEs) have increasingly sought bond financing for major infrastructure...

 

Sovereign bond issuance is set to accelerate in Indonesia, after global ratings agency Standard & Poor’s (S&P) became the last of the big three international ratings agencies to upgrade its sovereign credit rating to investment grade. The country has made notable progress in improved budgeting practices, cutting spending and launching...

 

Hailed by Chinese President Xi Jinping as “the project of the century”, the One Belt, One Road (OBOR) initiative promises to radically transform a vast swathe of the world’s trade and transport infrastructure. In doing so, it may also transform the way Asia does business with the world, and the way the world does business with Asia.

 

While the Republic of Indonesia is just over seven decades old in its current form, the South-east Asian nation of more than 17,000 islands has a much longer history under other names. The name Indonesia was first used in 1850 by British anthropologist James Richardson Logan in referring to the extensive group of islands that was known at the...

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