• Economic Growth Indonesia in 2016? Key Lies in Regions

    After Indonesian Finance Minister Sri Mulyani Indrawati said she expects Indonesia's gross domestic product growth at 5.1 percent (y/y) in full-year 2016, Chief Economics Minister Darmin Nasution is slightly more optimistic. Nasution puts his GDP growth projection at 5.2 percent (y/y) this year despite the government's spending budget being cut by IDR 137.5 trillion. According to Nasution, rising investment realization should push economic growth to 5.2 percent (y/y), offsetting the negative impact of fewer state spending.

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  • Queen Máxima (Netherlands) Visits Indonesia for Financial Inclusion Talks

    Queen Máxima of the Netherlands, who was in Indonesia for a three-day visit (30 August - 1 September), emphasized the importance of financial inclusion. Máxima, who came in her role as United Nation's Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), met several high-positioned policy makers and officials (including Indonesian President Joko Widodo) in Jakarta and made a field trip to a school in Bogor (West Java) to inspect a student savings program that was initiated by Indonesia's Financial Services Authority (OJK).

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  • Radical Islam in Indonesia: Lone Wolf Attack in Catholic Church

    The 17-year-old Ivan Armadi who tried to kill a Catholic priest and detonate a self-made bomb during the Sunday service (28/08) in a church in Medan (North Sumatra) is one example of the Islamic State sympathizers that are present in Indonesia. Although the police investigation indicates that there are no direct links between Armadi and existing militant networks within Indonesia or abroad, the case shows that there are so-called "lone-wolves" in Indonesia who are inspired by radical Islamic doctrine and can learn to make bombs from the Internet.

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  • Cigarettes & Tobacco in Indonesia: A New Roadmap Needed

    The Indonesian government is advised to make a new roadmap for the cigarette (and tobacco-related products) industry that includes targets for the short, middle and long-term. Moreover, the roadmap should involve strategies that aim to find a middle way between reducing cigarette consumption (protecting citizens' health) in Indonesia while at the same time optimizing lucrative state revenue from this industry (as well as safeguarding the jobs of the nearly six million of Indonesians who are working in the cigarette supply chain).

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