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.
Bali has an unparalleled reputation as a top vacation and investment destination in Indonesia. Its popularity has been increasing for several decades, with a demonstrated ability to recover from any crisis. However, Lombok is also catching up swiftly and is expected to become one of Southeast Asia’s top luxury destinations, making it an ideal spot …
While the Covid-19 pandemic limited the operations of international flights globally, Lombok’s tourism sector maintained a 20% y-o-y growth, with over a million tourists observed in 2020. Moreover, the Indonesian government’s efforts to develop Lombok’s infrastructure like the construction of a new international airport and several resorts acted as a catalyst to boost the tourism …
The Indonesian government has been taking a number of bold efforts in recent years to increase the ease of doing business through regulatory changes. For example, in early 2021, the government formally issued the Positive Investment List (PIL) – a list of economic sectors and lines that are now available for foreign investment – to …
The United Arab Emirates (UAE) has become one of Indonesia’s key investment partners ever since it established formal diplomatic ties with the latter in 1976. The UAE is expected to become the largest shareholder in the country’s investment authority, Sovereign Wealth Fund (SWF). Moreover, the UAE just unveiled a USD 10 billion investment plan in …
Lombok is one of Indonesia’s most popular holiday destinations, recognized for the stunning beauty of its natural surroundings and the friendliness of its people. With the pace of tourism picking up, the island has become a magnet for both local and foreign companies to set up a business, thanks to its untapped opportunities in both …
Indonesia’s demographic dividend remains promising as over 70% of its total population is categorized into the working-age group (15-64 years old), accompanied by a decline in the birth rate in 2020. Moreover, the government is planning on improving the talent management for the working-age group to provide skilled human resources for both local and foreign …
Over the years, the Indonesian education sector has surmounted several hurdles, but nothing could have prepared it for the shock of the Covid-19 outbreak. Indonesia, like many other countries around the world, has been scrambling to keep its education system operational since early 2020 by substituting traditional face-to-face instruction with online classes, through Edutech solutions. …
The Indonesian government is establishing particular regions known as the Special Economic Zones (SEZ) to improve competitiveness among its surrounding countries. This would not only increase high-value industrial businesses, export, import, tourist, and other related operations, but would also expand the country’s potential for the global market. President Joko Widodo designated Mandalika a priority destination …
Tourists refer to Bali as the “Island of the Gods,” a tropical paradise with a fascinating and distinctive culture that is known across the world. Few people, on the other hand, are familiar with Bali’s sister island, Lombok, which is only 25 minutes away to the east. Lombok plays the quiet and lovely little sister …
Indonesia’s attractiveness as an investment destination stems from a combination of its advantageous natural resource endowments and geographically strategic location. Indonesia, a diverse archipelago nation with over 300 ethnic groups, continues to be Southeast Asia’s largest economy. The country’s growing young population and increasing urbanization have made it one of the world’s fastest-growing consumer marketplaces. …
During Covid-19, businesses in Indonesia have observed drastic changes in the way they operate. Hiring has been the most affected as there can be no walk-in interviews in the wake of the pandemic. In conversation with Mr. Siddharth Kumar – CEO of MyRobin.id – a company that offers a pre-screened, flexible workforce to businesses, we …
To attract investment and spur economic growth, Indonesia’s president passed a job creation law, or ‘Omnibus Law’ on 2 November 2020. The law provisions the simplification of licensing process while amending more than 75 existing laws, including the laws on the Minimum Wage System. This article details the specifics and cites updates regarding the Minimum …
