The textile industry has been struggling with a number of problems. Wage rates are increasing and competition, especially from China, is rising dramatically. Furthermore, Indonesia’s main markets in the West are weak as the recession drags on in some places and consumers cut back. And the US has given preferential rights to some of Indonesia’s...
After a decade-plus of going nowhere, the value of real estate and rental rates are rising so fast that Jakarta has been identified by PwC and the Urban Land Institute as the most promising property market in the region in 2013. Many forces are at work, some short term and others more long term and significant.
In order to compensate for the inevitable decline of domestic oil production and supplement coal supplies, Indonesia is increasingly leaning on its natural gas reserves to satiate a growing energy appetite and boost export revenues. With production rates steadily increasing over the past decade and more fields expected to contribute in the near...
Many countries in Asia have historically had weak property rights, outright restrictions on foreign ownership, or both. However, most have a strong bias toward property investment, and often view the health of the real estate market as an indicator of overall economic well-being. The result is a patchwork of regulations from Jakarta to Beijing that...
Given Indonesia’s plentiful coal reserves and the need to build vast amounts of power generation quickly, a heavy reliance on fossil fuels is predicted initially. After the completion of the country’s first 10,000-MW fast-track plan, expected in 2014 and primarily relying on coal-fired generation, the table is set for renewable energy to shine. The...
To say that there has been a retail boom in Indonesia is an understatement. The people of the country have over the course of a few years become consummate shoppers, staying up to date with the latest trends and eagerly spending. Indonesia’s economy has always been driven by the consumer, but now it is being taken to the next level as the people of...
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