Behind every success of business expansion is the comprehensive knowledge of regulations, legal compliances, procedures and socio culture, among others. If you are intending to expand to Indonesia, get our free copy of e-book to learn about starting a business in Indonesia, everything you need to know from A-Z. Simply click the "download" button below.
Indonesia is recognized for its vast agricultural commodities such as rubber, palm oil, cocoa, tea, and clove. Moreover, it has over 17000 islands, with the majority of them arid enough for agriculture. Agriculture is one of the key economic sectors of the archipelago, and the second-largest contributor to the country’s economy has shown resilience in …
Indonesia has the world’s fourth-largest population and expected will have the world’s fourth-largest economy by 2050. Hence, the rise in demand for energy looks inevitable which would further open up new possibilities for renewable energy companies. To ensure judicious use of renewable energy resources, the Indonesian government has set aggressive targets. The National Energy Policy …
Indonesia’s fintech industry is one of the most robust and thriving sectors in the ASEAN region. The country is already home to 20% of all fintech businesses in Southeast Asia, with market size clocking to USD 8.6 billion over the next five years. The fintech industry is one of the most well-funded industries, alongside e-commerce, …
With the worsening climatic conditions, countries around the world have agreed to combat climate change through various carbon reduction efforts. Indonesia, too, has submitted its pledge to reduce carbon emissions to 41% by 2030, to the United Nations Framework Convention on Climate Change (UNFCCC), and the Paris Agreement. The Indonesian government is preparing a progressive …
It is no wonder that travel restrictions struck a heavy blow to Bali, the small Island that almost entirely economically depends on the tourism industry. However, if we look back on history decades earlier, the Island of Gods has always been able to maintain its reputation as the world’s favorite island destination, no matter what …
Indonesia is currently developing a plan to relocate its capital from Jakarta to a new city in East Kalimantan, Borneo. Part of the reason for the relocation is to ease traffic congestion in Jakarta, which has made the city polluted, and overcrowded. Indonesia’s new capital city would also symbolically centralize the administration, which is perceived …
Digital trade is critical for Indonesia’s economic recovery and prosperity, particularly during the Covid-19 pandemic. The country’s digital economy will be worth USD 124 billion by 2030, e-commerce being the most significant contributor, according to the E-Conomy SEA 2020 research prepared by Google, Temasek, and Bain & Company. Moreover, virtual classrooms, or ed-tech, as well …
Cryptocurrency has grown in popularity, and Indonesian regulators are still trying to catch up. Hence, foreign investors interested in this untapped market should be mindful of the present regulatory environment around cryptocurrencies. This article will summarize the existing regulation regarding the cryptocurrency market in Indonesia. Is Cryptocurrency Legal in Indonesia? The Indonesian currency is determined …
Video and internet games have gained massive attention across the globe as people are refraining from playing traditional sports due to Covid -19 restrictions. Thus, boosting the mobile video games industry from USD 61.3 billion in 2019 to USD 98 billion in 2020. One of the major countries that have significantly contributed to the global …
The burgeoning digital economy during the pandemic presents lucrative business prospects for foreign investors to start an IT company in Indonesia. Marisa Muhsin, Indonesian Representative of Click Next – A Thai-based IT solutions company, talks about her recent experience of doing business in Indonesia during this uncertain time. How Digital Economy Presents a Treasured Opportunity …
The Indonesian government has been taking a number of bold initiatives in recent years to increase the ease of doing business in the country. The clarity in business guidelines, process transparency, and improved system infrastructure are all part of these recent developments. To cut through the red tape even further, the Indonesian government has modified …
The developing economies of India and Indonesia have prospered in recent years as a result of their mutual cooperation. According to the Indian Embassy assessment, Indian investment in Indonesia is over $15 billion, whereas Indonesia’s investment in India has reached $627 million. This article deals with various aspects of Indonesia’s digital economy and how doing …
