• Business Opportunities in Indonesia: Online Shopping Gains Popularity

    Indonesia's e-commerce industry (online shopping) is expected to continue its rapid growth in the years ahead as more and more Indonesians have access to Internet amid the country's rising per capita GDP (resulting in a rapidly expanding middle class). Indonesians' purchasing power has expanded quickly and in combination with the popularity of the smartphone, people are increasingly purchasing consumer goods online. This was one of the conclusions drawn in an online business insight discussion organized by Google and Blibli.com in Jakarta.

    Lanjut baca ›

  • Notes on Indonesia's GDP Growth, Current Account and Investment

    The Asian Development Bank (ADB) expects Indonesia's economic growth this year to slow slightly compared to the 5.78 percent growth rate recorded in 2013. ADB's Country Director for Indonesia, Adrian Ruthenberg, said that GDP growth of Southeast Asia's largest economy is expected to slow to 5.7 percent in 2014 but will accelerate to 6 percent in 2015. The ADB's forecast is based on the assumption that Indonesia's legislative and presidential elections will run smoothly as well as continued government effort to improve the investment climate.

    Lanjut baca ›

  • Update Indonesia Elections 2014: Half of Electorate Still Unsure Who to Back

    According to a survey from the Center for Strategic and International Studies (CSIS), 45.8 percent of the Indonesian electorate have still not decided which party or which presidential candidate to back in the legislative election (9 April 2014) and presidential election (9 July 2014). About 42.4 percent of the electorate knows who they will vote for, while 11.8 percent could not answer. These indications are based on a survey that involved interviews with 1,200 people in 33 provinces between 7-17 March 2014 (with a 2.83 percent margin of error).

    Lanjut baca ›

  • Asian Development Bank Outlook 2014 'Fiscal Policy for Inclusive Growth'

    According to the Asian Development Bank's latest annual Asian Development Outlook (which provides an analysis of economic performance for the past year and near future), developing Asia is expected to extend its steady growth. The region’s growth is projected to edge up from 6.1 percent in 2013 to 6.2 percent in 2014 and 6.4 percent in 2015. Moderating growth in China (PRC) as its economy adjusts to more balanced growth will offset to some extent the stronger demand expected from the industrial countries as their economies recover.

    Lanjut baca ›