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Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum.

 

Boasting the world’s largest tropical coastline and renowned cultural heritage sites across more than 17,000 islands, Indonesia is becoming a leading tourism destination in South-east Asia. Strong gains have been noted internationally, with the World Economic Forum (WEF) declaring Indonesia as the region’s fourth-most competitive destination...

 

Over the course of less than two decades, China has gone from being a minor player to being the world’s largest and most lucrative source of outbound tourists. In 2017 alone Chinese nationals made more than 131m trips outside of their national borders, spending approximately $300bn in the process.

 

Faced with the prospect of a severe recession from weaker oil and metals prices and falling export revenue, the government of President Joko Widodo launched an ambitious five-year strategic plan in 2015.

 

Indonesia’s start-ups have generated great excitement among international media and investors in recent years. The archipelago is home to four of South-east Asia’s seven unicorns, or start-ups valued at over $1bn, and the country’s top-10 start-ups raised $2bn in 2018. “Indonesia’s start-up ecosystem is becoming a reference point for other...

 

Indonesia has the largest GDP in South-east Asia and the fourth-largest population in the world. Some 70% of its citizens are under the age of 39, and many Indonesians are mobile-first and digital native consumers, making it a very attractive market for purveyors of data services, applications, software and hardware. Developing domestic ICT...

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