A significant actor in global trade and investment, and a member of the G20 group of the world’s largest economies, Indonesia has achieved a strong record of attracting foreign direct investment (FDI) and rebalancing its trade patterns toward high-growth markets. The authorities have developed new markets for exports while encouraging investment...
To what extent will China’s economic slowdown and lower commodity prices impact Indonesia’s goals?
The global economy appears to be moving into a new phase, in which output in advanced economies is firming, albeit probably not as strongly as we would have liked. Developing country growth appears to be slowing, including in the Asia-Pacific region. Our retreat, of course, came in the wake of the decision by the US Federal Reserve to defer its...
With the province’s GDP growth hitting 6.49% in the third quarter of 2013, outpacing the national rate of 5.62%, it is clear that East Java’s commitment to boosting foreign and domestic investment is paying off. To support investors, the East Java branch of the Indonesia Investment Coordinating Board (BKPM) offers a one-stop service, which...
How much is the revised economic outlook for Indonesia’s GDP growth affecting corporations’ growth projections and expansion plans?
As part of its strategy of boosting non-oil exports to new markets, the government is seeking to expand the availability of trade finance for its exporters, particularly small and medium-sized enterprises (SMEs). “If we want to prevent the ongoing volatility from disrupting our export growth, then we should not focus on exporting goods only to...
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