Investment and Banking Trends in the Post Vaccination Era
JAKARTA – March 9, 2021 – In the current vaccination era, the Indonesian economy continues to be favoured due to the demographic bonus and the rapid adoption of the digital economy. Investments in technology and other supporting sectors such as e-commerce, telecommunications, and logistics have…
The Future Of Research In Indonesia: The Role Of Government, Universities and Industry
JAKARTA -Today people are living in the world of big data, and AI. Every aspect of human life is affected by big data and AI. Governments around the world, for instance, have relied on data collection and analysis to combat the Covid-19 pandemic. Contact tracing,…
Omnibus Law on Job Creation Expected To Significantly Improve Investment Climate
SCCI Investment and Business Webinar JAKARTA -As Indonesia emerges from the Covid-19 pandemic, its economic growth prospects are looking brighter. Speaking during the Singapore Chamber of Commerce Indonesia webinar, Enrico Tanuwidjaja, Senior Economist, UOB Indonesia said Indonesia could speed up economic the recovery due to…
Indonesia Growth Prospects 2021: New Horizons
SCCI Investment and Business Webinar JAKARTA -Over the last decade, Indonesia has been a close partner for Singapore both in terms of government to government and business to business links. While Indonesia has not been able to attract interest in traditional sectors such us manufacturing,…
Deep Dive on Indonesia’s Gotong Royong Vaccination Program
What is the Gotong Royong Vaccination Program? The Gotong Royong Vaccination Program is a program that is aimed at companies/entrepreneurs to provide vaccinations for employees/employees’ families. This is an optional program as the Government has also established a National Covid-19 vaccination program which is given…
New Syariah Bank Hopes to Boost Indonesia’s Islamic Banking Sector
JAKARTA -More than a decade after launching the first Islamic Bank, Indonesia is once again attempting to create a vibrant Islamic financial sector in parallel with the traditional banking sector to attract new capital investments from the Middle East and Malaysia. On February 1st, President…
Growth Prospects For Indonesia Digital Economy Post Covid-19
Digital Transformations Becoming The Key for Post Covid-19 era Jakarta, 5 November 2020 – Indonesia’s digital economy has emerged as a key driver of GDP growth. Over the past two years, digital transactions have grown by a factor of times 10 in most categories. This…
Rebooting Indonesia’s economy in the post pandemic world
Francois de Maricourt, President Director, PT Bank HSBC Indonesia In every crisis, new opportunities emerge. The global Covid-19 pandemic has had a strong impact on global trade networks and shipping routes with logistics suppliers grappling with disruptions and economic slowdowns. The pre-Covid-19 globalized world has…
VAT on tech companies could net the Indonesian government S$1 billion a year in additional revenue
Indonesia’s move to levy a 10% VAT on tech companies operating within its jurisdiction would provide a boom for the government’s revenue collection in 2021 as its digital economy continues to grow at a rapid pace. According to tax experts and analysts, the additonal revenue…
Indonesia’s e-commerce marketplace player Bukalapak poised for next level of growth under new CEO
Rachmat Kaimuddin may have been destined for the job he currently holds. A graduate from MIT and Stanford University, Kaimuddin’s early career led him to work for the Boston Consulting Group and several private equity firms and the International Finance Corporation before landing at local…