26 January 2022 (closed)
Jakarta Composite Index (6,600.82) +32.65 +0.50%
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
On Thursday (05.08.2021) Indonesia Investments released its July 2021 report. This 182-page report discusses a range of subjects - related to political developments, the economy and social matters that occurred in Indonesia in the month of July 2021.
While there remains ample room for a good rebound in Indonesia's economic growth in the second quarter of the year, there is growing concern about the economy in the third quarter now the Indonesian government has tightened social and business restrictions in urban centers on Java and Bali at the start of July 2021. And, indeed, Indonesia's manufacturing activity collapsed, again, last month.
Besides analyzing various macroeconomic indicators to assess the state of the Indonesian economy, there are several other interesting topics we present in this report.
For instance, one article is devoted to the case of Bali. This island, the biggest tourist destination of Indonesia, is quite dependent on the tourism sector. Hence, the COVID-19 crisis has had (and still has) an unprecedented and catastrophic impact on the economy and society of Bali.
We also devote an article to Indonesia's handling of the COVID-19 crisis. What are the international developments? And, do we see any positive impact of the vaccine programs, or, is the biggest problem governments' tunnel vision on these vaccines as solution to the COVID-19 crisis?
Also the promising initial public offering (IPO) of e-commerce giant Bukalapak receives attention in this report. While on the one hand it is great to see this giant becoming a listed company in Indonesia (the first tech startup unicorn to list in Indonesia), there is some concern whether a bubble can develop (like the dot-com bubble in the late 1990s).
For a complete overview of subjects discussed in this report, please click on the link below.
The July 2021 report can be ordered by sending an email to email@example.com or a message to +62.882.9875.1125 (including WhatsApp).
Price of this (electronic) report: