Indonesia Investments' News Columns section contains articles with a detailed analysis regarding topics that have high news value in Indonesia and can be regarded as topics that are capable of influencing Indonesia's investment climate. Most columns published in this section cover subjects related to politics, economics and social matters. By following these publications on a regular basis, one will be apprised of what is happening in Indonesia and - just as important - understand why it is happening.
Before we take a look at the latest macroeconomic data from Indonesia, first there is some good news to share as both the Organization for Economic Cooperation and Development (OECD) and Asian Development Bank (ADB) decided to revise up their projections for the Indonesian economy in 2023.
Over the past two months or so, there has been some more-than-usual reporting in Indonesian media on whether the property market of Indonesia can become a future market for foreigner buyers. It specifically involves residential property in popular places like Bali, Batam, and Jakarta. Moreover, when foreigners can buy property, it may also attract more foreign investment in Indonesia’s property sector.
There are many important commodities. But if we talk about food commodities, then rice certainly ranks high. This particularly applies to Asia where the populations are dependent on rice as the basic staple food that is consumed every day (and usually up to three times per day).
As usual, we take a look at a number of macroeconomic indicators to assess the state of the Indonesian economy ahead of the release of Q2-2023 gross domestic product (GDP) data (we expect Indonesia’s Statistical Agency, or BPS, to release the data in the second week of August 2023).
