• E-Commerce Indonesia: What Do Indonesian Consumers Buy Online?

    Indonesia Investments often reports about Indonesia's blossoming e-commerce industry (a lucrative sector for investors). Online retail is growing rapidly in Southeast Asia's largest economy because both Internet and smartphone penetration are rising sharply in Indonesia, while expanding per capita GDP boosts people's purchasing power. But what do Indonesia's consumers actually buy online? A new survey from Google Indonesia gives some more information.

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  • Bank UOB Indonesia Sees Economic Growth at 5.2% in 2017

    Bank UOB Indonesia expects the economy of Indonesia to accelerate to a growth pace of 5.2 percent year-on-year (y/y) in 2017, from an estimated 5.0 percent (y/y) this year. Economic acceleration of Indonesia comes despite expected slowing global economic growth. Kevin Lam, President Director at Bank UOB Indonesia, stated infrastructure development and the government's economic policy packages will boost the economy and generate employment thus stimulating household consumption.

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  • Business Environment in Indonesia Needs Political Stability

    The business environment in Indonesia needs political stability as well as a conducive investment climate to grow. However, if there exists a high degree of social unrest then the central government can offer as many incentives as it wants but entrepreneurs will be hesitant to engage in investment and business expansion. Currently, there is quite some unrest in the capital city of Jakarta. Ever since a manipulated video of Jakarta Governor Basuki Cahaya Purnama (Ahok) surfaced in which he allegedly insulted Islam, there has been outrage among Islamic hardliners. This brings economic costs.

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  • Automotive News Indonesia: Car Sales Growing in October 2016

    Car sales in Indonesia rose 4 percent year-on-year (y/y) to 91,846 units in October 2016 compared to 88,408 vehicles in the same month one year earlier. Growth is attributed to the stabilizing economy of Indonesia and the launch of several new car models (that managed to entice consumers). New data from the Indonesian Automotive Industry Association (Gaikindo) show that Indonesia's car sales totaled 874,703 units in the first ten months of 2016, up 2.5 percent (y/y) from 853,089 cars in the same period one year ago.

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