On Tuesday (07.09.2021) Indonesia Investments released its August 2021 report. This report discusses a range of subjects - related to political developments, the economy and social matters - that occurred in Indonesia in the month of August 2021.
In this edition we first take a look at international developments related to the COVID-19 crisis. Various new studies have been released that shed new light on the COVID-19 virus and current COVID-19 vaccines. And, we feel that important lessons can be learned from these studies (and international developments).
Another topic that - obviously - can count on much attention is Indonesia's GDP growth. We deliver both an analysis of the country's realized growth in the second quarter of 2021 and the country's expected economic growth in the third quarter of 2021.
Also the digital banking industry has come back on our radar as Indonesia's Financial Services Authority (OJK) issued new regulations that shape the legal foundation of digital banks. Considering the digital economy of Indonesia is huge (and will grow much bigger in the years or decades ahead), these digital banks may be able to play a big role.
Meanwhile, we also discuss the upgraded Online Single Submission (OSS) system that was launched in August 2021 (witnessed by Indonesian President Joko Widodo). Will this latest upgrade manage to improve the investment and business environment, hence raise Indonesia's ranking in the World Bank's Ease of Doing Business Index?
We also discuss the re-appearance of Subway, the famous US sandwich maker, into Indonesia. In the early 2000s Subway left Indonesia as the business model failed. Why have chances now increased for Subway to succeed this time? We discuss this topic (partly) based on Indonesia's changing food culture (with the Generation Z and millennials particularly enjoying foreign bread products).
Lastly, as usual, a range of important macroeconomic indicators are discussed that shed light on the current state of the Indonesian economy. These indicators include inflation, trade, and manufacturing economy. For a complete overview of subjects discussed in this report, please click on the link below.
The August 2021 report can be ordered by sending an email to firstname.lastname@example.org or a message to +62.882.9875.1125 (including WhatsApp).
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