What do we discuss in this report? Obviously, there is an article about the arrival on Omicron (which arrived in Indonesia in late-November 2021), with the main point being that this might be a very positive development because after one year of vaccination programs around the globe, herd immunity has not been achieved. Omicron, which is more contagious than Delta but less severe (hence we should not see an increase in COVID-19-related hospitalizations and deaths), may therefore do what the vaccines have failed to do: create herd immunity.

We also zoom in on the digital economy of Indonesia. The digital economy of Indonesia is very promising, particularly supported by e-commerce. In fact, the COVID-19 crisis paved the way for a blossoming digital economy. Moreover, recently Indonesia also signed the ASEAN Agreement on Electronic Commerce into law which should encourage cooperation and coordination between ASEAN member countries in the field of e-commerce.

Other topics we discuss include how Indonesian stocks are expected to perform in 2022 and the unlikelihood for the tourism industry to rebound in 2022 as foreigners are unlikely to visit Indonesia in great numbers.

Meanwhile, as we are slowly approaching the 2024 elections, it is about time to give an update on the presidential election that will give a new leader to Indonesia as Indonesian President Joko Widodo will have completed two terms. Who make a chance in this upcoming race? And what about the political parties? We also devote one article to the construction of the new capital city of Indonesia which is expected to start in 2022.

Lastly, we zoom in on various macroeconomic data - including inflation, manufacturing activity, the trade balance, current account and rupiah - to assess the current state of the Indonesian economy.

Take a glance inside the report here!

The December 2021 report can be ordered by sending an email to info@indonesia-investments.com or a message to +62.882.9875.1125 (including WhatsApp).

Price of this (electronic) report:

Rp 150,000
USD $10,-
EUR €10,-