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On Friday 05 February 2021 Indonesia Investments released its January 2021 report. The report zooms in on key economic, political, and social developments in Indonesia in January 2021. Special attention is given to Indonesia's COVID-19 immunization program (do we expect to see setbacks?), household consumption amid the COVID-19 restrictions, the Sriwijaya Air crash, and Indonesian demographics.
The 12th World Islamic Economic Forum (WIEF), held in Indonesia's capital city of Jakarta between 2 - 4 August 2016, was opened today by Indonesian President Joko Widodo and newly appointed Finance Minister Sri Mulyani Indrawati. The WIEF brings together government leaders, industrial leaders, academic scholars, regional experts, professionals and corporate leaders to discuss opportunities for business partnerships in the Muslim world. The 12th WIEF, attended by some 2,500 delegates from 69 nations, carries the theme "Decentralizing Growth, Empowering Future Business".
Populasi penduduk Indonesia, yang berjumlah lebih dari 255 juta orang (data tidak resmi), bertumbuh dalam laju yang menguatirkan menurut Surya Chandra Surapaty, Kepala Badan Kependudukan dan Keluarga Berencana Nasional (BKKBN). Saat ini, persentase pertumbuhan rata-rata penduduk Indonesia setiap tahunnya mencapai 1,49%. Ini berarti bahwa setiap tahunnya penduduk Indonesia bertambah 4,5 juta orang (hampir sama dengan jumlah penduduk Singapura).
Twitter, the online social networking and microblogging service, plans to open an office in Jakarta within the next six months as the number of Indonesian Twitter users has grown rapidly in recent years. In 2013, Indonesia had 29 million Twitter users, making it the world’s fifth-largest Twitter community after the USA, Brazil, Japan and the UK. The American social media giant already owns five offices in the Asia-Pacific region. Similar to other companies, Twitter waited until after the elections before expanding to Indonesia.
On 27 April 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic topics such as investment realization in Q1-2014, a revision of the Negative Investment List, company profiles of Adaro Energy and Astra Agro Lestari, and more.
Minister of People’s Welfare Agung Laksono said that Indonesia's current population growth pace is alarming and immediate action is needed to reduce the country's growth and birth rates. Laksono made this statement after opening the National Congress on the Population Program, Family Planning and Family Development in 2014 on Wednesday (12/02). According to the Minister, family planning programs have not had much success over the past decade. If not acted upon, the population number can exceed government projections.
The Institute of Demographic Studies released a report which claims that by the year 2050, the world population will increase to 9.7 billion from the current number of 7.1 billion. India is expected to become the most populous country, surpassing China. At the end of this century the number of people on earth will amount to around 10 or 11 billion. A report of the United Nations, released in June, suggests that by 2050 the total number of people that is 60 years of age or older will amount to two billion (from 841 million currently).
According to Indonesia's police department, heavy traffic caused by the Idul Fitri celebrations resulted in the deaths of more than 471 people as well as 740 seriously injured people in over 2000 traffic accidents. Most accidents are caused by drivers that fall asleep during the journey. Idul Fitri marks the end of the holy fasting month (Ramadan) and is one of the major national holidays in Indonesia. This year Idul Fitri fell on Thursday 8 August and, as usual, is accompanied by the tradition that Indonesians travel back to their places of birth.
Standard Chartered Bank expects economic growth in Indonesia in 2013 to remain robust at 6.2%. The bank believes this is a realistic assumption amid global economic uncertainty and higher subsidized fuel prices which limits people's purchasing power. The greatest pillar of support for Indonesia's GDP growth is domestic consumption, and which is supported by Indonesia's demographic composition as the country not only has a large population (over 240 million people), but also a young one (half of the population is below thirty years of age).
Unemployment in Indonesia is expected to fall to 5.7 percent of Indonesia's total labor force at the end of 2013. In 2014, the figure may further decline to 5.1 percent if global and domestic conditions are conducive and if the government can provide sufficient support through job creation. These forecasts were presented by Muhaimin Iskandar, Minister of Manpower and Transmigration. The minister mentioned that each one percent in GDP growth will create more than 350,000 jobs.
Artikel Terbaru Demographics
The economy of Indonesia is booming with gross domestic product (GDP) surpassing six percent on an annual basis. And the country's strong economic fundamentals are confirmed by increasing international attention. But within the context of this economic growth it is important to take a look at whether economic growth is shared by all segments of Indonesian society. If, for example, only the higher classes of Indonesia would benefit from the economic boom, it could give rise to social issues in the future.
This column is the first in a series of columns about investing in Indonesia, in particular about investing in its capital markets. These columns are written by David Sutyanto, research analyst at First Asia Capital, and - as this column is the starting point - he will provide a short and broad outline of the Indonesian capital markets for now. Later, his columns will contain topics that delve more deeply into the capital markets, such as listed companies, and much more.
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