• New Report Out! Introduction to Indonesia Investments' June 2025 Report

    New Report Out! Introduction to Indonesia Investments' June 2025 Report

    The two key stories in this June 2025 report are energy and poverty. The reason why we delve into these topics is actually a matter of coincidence. At the very end of May 2025, Indonesia’s fully state-owned electricity company Perusahaan Listrik Negara (PLN) released – after four years of waiting – a new Electricity Supply Business Plan (abbreviated as RUPTL).

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  • Shadow Play: Understanding Indonesia's Informal Economic Landscape & Role in Society

    Shadow Play: Understanding Indonesia's Informal Economic Landscape & Role in Society

    Shadow play (typically called wayang kulit) is a traditional form of puppet theatre in Indonesia that originated in the cultures of Java and Bali. It involves a core visual experience for the audience as shadows are created by carved leather puppets that are manipulated by the puppeteer (or dalang) and are projected on a screen using a lamp. The stories typically convey ethical lessons, philosophical concepts, and social commentary.

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  • Economic Update Indonesia: Indonesian Economy Expands by 4.87% in Q1-2025

    Economic Update Indonesia: Indonesian Economy Expands at a Rate of 4.87% (Y/Y) in Q1-2025

    The economic growth rate of Indonesia in the first quarter of 2025 (Q1-2025) came in slightly below our projection of 4.9 – 5.0 percent year-on-year (y/y). But, indeed, we had already detected a (general) weakening in internal and external conditions, which was reflected in the macroeconomic data of Indonesia that we discussed in our April 2025 report. And so, it was certainly not a shock.

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