Indonesia Investments Report - January 2021 Edition: COVID-19 Crisis to Linger On?
Update COVID-19 in Indonesia: 1,298,608 confirmed infections, 35,014 deaths (23 February 2021)
23 February 2021 (closed)
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
Jakarta Composite Index (6,272.81) +17.50 +0.28%
Tag: Investment Climate
Below is a list with tagged columns and company profiles.
Today's Headlines Investment Climate
-
-
Introducing Omnibus Laws to Standardize and Harmonize Various Sectoral Laws that Burden Indonesia’s Investment Environment
-
Q3 Economic Growth of Indonesia in Line with Expectations; Renewed Need for Structural Reforms
-
After Years of Discourse, Will Indonesia Cut the Corporate Income Tax Rate to 20%?
-
Challenges Faced by Indonesia's Online Single Submission (OSS) System
-
OECD Released Corporate Tax Statistics Report, Lets Zoom in on Indonesia
Last week, the Organisation for Economic Co-operation and Development (OECD) released its Corporate Tax Statistics report. Several interesting conclusions were made in the report. Firstly, (corporate) taxes that are paid by legal entities (specifically companies) remain a key source of government revenues, particularly in developing nations. Secondly, over the past two decades there is a clear worldwide trend visible, namely: falling corporate tax rates.
-
Indonesia Launches One Map Policy Geoportal to Improve Investment Climate
The Indonesian government launched the One Map Policy Geoportal (KSP Geoportal). This policy involves a more detailed map of land use, hence aiming at resolving overlapping claims - as well as preventing the emergence of new cases - across the country, including in forest areas. The map was launched by Indonesian President Joko Widodo on Tuesday (11/12).
-
Coal Mining Sector Indonesia: Earlier Talks about Extension of Contracts
The Indonesian government plans to allow an earlier submission of a request for the extension of mining concessions. Stakeholders say that this would considerably strengthen the investment climate in Indonesia's mining sector, specifically the coal mining industry, on the back of improved legal certainty.
-
CEOs Turn Less Optimistic about Indonesia's Politics and Economy
Entering the second quarter of 2018 chief executive officers (CEOs) have become less optimistic about the Indonesian economy and politics. This should be no surprise considering there have emerged significant concerns about a looming global trade war (with the USA and China as main actors), while further monetary tightening in the USA has been putting pressure on the Indonesian rupiah.
-
Indonesia Misses Out on Billions Because of Troubled Investment Climate
The Indonesian government said it will take a number of steps to tackle several classic problems that obstruct investment realization in the country. Based on internal research, the government counted a total of 190 cases where investors' investment commitment failed to be realized between 2010 and 2017. This led to an estimated IDR 351.2 trillion (approx. USD $26.2 billion) in missed domestic direct investment and USD $54.6 billion in missed foreign direct investment.
Latest Columns Investment Climate
-
Economic Outlook Indonesia; An Interview with Richard van der Schaar
The past year has been hectic. The global COVID-19 pandemic arrived, a worldwide recession followed; US-China turmoil continued, while geopolitical and geo-economic tensions are rising across the world. And all these matters seem interrelated. So, how is Indonesia doing amid these developments? And, how do they exactly impact on Indonesia's economy and society? It is time to sit down with Indonesia Investments' Managing Director Richard van der Schaar to hear his thoughts on these matters.
-
Revision of Indonesia’s Controversial 2009 Mining Law; Better, Same, or Worse?
Whenever Indonesia Investments discusses or illustrates the risks that are involved in Indonesia’s investment environment, we usually take the 2009 Mining Law as an example to illustrate the lack of legal certainty in Indonesia. Lack of legal certainty is one the key obstacles in Indonesia’s investment environment, and has therefore been undermining investment realization in Indonesia.
-
Indonesia Economic Forum: Promoting Economic and Social Progress
“Indonesia’s economic potential is unquestioned. The nation of 265 million people has all the ingredients to be a major global player. But converting the potential into business opportunities and success is not a straight path. The Indonesia Economic Forum is the perfect platform to build relationships, gain insights and recalibrate business strategies for building a successful enterprise.”
-
Balancing Conflicting Interests: Indonesia’s Provincial Minimum Wages for 2020
Discussing minimum wages is always a sensitive issue. Workers long for rapid growth of their monthly wages as many of them encounter difficulties in making ends meet in their daily lives. In fact, those whose salaries are close to the minimum wage tend to be near-poor and uneducated, particularly in developing nations such as Indonesia, and therefore both their present conditions and their future perspectives are far from bright.
-
Investment Climate: Jakarta Administration Revokes Principle Permits Island Reclamation Project
On Wednesday 26 September 2018 the local Jakarta administration decided to revoke private developers’ principle permits for the development of 13 artificial islands (reclaimed islands) in the bay north of Indonesia's capital city of Jakarta. The decision was hardly a surprise. After Anies Baswedan was elected Governor of Jakarta in 2017 it was assumed that the end of the grand project was near.
-
Indonesia's Intervention in Fuel Prices Thwarts Private Investment
There is concern that the Indonesian government's plan to curb price increases of (non-subsidized) fuels in Indonesia will impact negatively on private investors' enthusiasm to invest in Indonesia's oil and gas industry. Earlier this week Arcandra Tahar, Deputy Minister at the Energy and Mineral Resources Ministry, informed that the government wants to regulate prices of fuels in order to keep inflation in check.
-
Township Development in Indonesia: Topping Out First Meikarta Towers
One of Indonesia's biggest diversified conglomerates, the Lippo Group, topped off two apartment towers for its ambitious and controversial Meikarta megaproject on Sunday (29/10). The topping off ceremony is a sign that - despite some legal uncertainties - the project will continue as planned and not face the same fate as the land reclamation project in the bay off the coast of North Jakarta.
-
Oil & Gas Indonesia: Contractors Urge Gov't to Tackle Bureaucracy
-
16th Economic Policy Package: Single Submission System
Indonesian President Joko Widodo unveiled the 16th economic policy package on Thursday morning (31/08) at the Indonesia stock Exchange building in Jakarta. This latest package aims to create an integrated licensing system. It also deals with strict supervision for the transition from the manual licensing system to an online system.
-
Investment Climate Indonesia: Lenzen Group Opts for Thailand
It is worrying that of total foreign investment commitments in Indonesia, only about 50 percent becomes actual investment. The other half decides - after initially being interested - not to pursue investment in Indonesia. Although not in all cases, it is believed that Indonesia's difficult investment climate scares away part of the (potential) investment community, specifically bureaucracy (red tape) and the lack of sufficient hard and soft infrastructure.
No business profiles with this tag
Other Tags
- Rupiah (1089)
- Indonesia Stock Exchange (756)
- Inflation (653)
- Bank Indonesia (603)
- GDP (594)
- Federal Reserve (529)
- Jakarta Composite Index (503)
- China (442)
- IHSG (412)
- BI Rate (404)
Today's Headlines
- Monetary Policy: Bank Indonesia Offers More Accommodative Policies
- January 2021 Trade Data Brings Renewed Concerns Over Indonesia’s Import Performance
- Subscriber Update Indonesia: COVID-19 Recession Persists in Q4-2020
- Political, Economic & Social Developments in Indonesia: January 2021 Report
- Subscriber Update: Indonesia's 2020 Population Census