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…
VC Funding Continued To Flow To Indonesian Startup Amidst Covid-19
With over 2,000 start-ups, Indonesia has over the past few years been viewed as one of the top destinations for venture capital and private equity firms. The country ranks 5th in global start-ups rankings, attracting more US$8 billion (S$11.2 billion) in funding from 2016 to…
A Bold New Approach to Education
H. E. Nadiem Anwar Makarim, Indonesia’s Minister of Education and Culture One-On-One with Sachin Gopalan, Co-Founder & CEO, Orbit Future Academy Indonesia’s education system has received a bolt of change under Minister Nadiem Makarim. The former tech entrepreneur has introduced fresh thinking in how the…
Property Players Adopt More Realistic Expectations as Consumers Hold Back
After years of high growth, Indonesia’s property sector is facing up to the reality of long-term downturn as consumer spending diminishes and businesses downsize in the wake of the lingering impact of the Covid-19 pandemic. And with the health pandemic showing no signs of easing…
The Unsecured-loan Time Bomb Ticking Away Amid the Pandemic
by Arwin Rasyid Unsecured Loans (often abbreviated as “KTA” in Indonesian) are one of the mainstay products of the banking industry. As personal loans, they are extended to micro businesses, formal and informal-sector workers and self-employed professionals. All sorts of people avail of such loans,…
After Covid 19: Growth or Depression? The Emergence of a New World Order
Indonesia Economic Forum in collaboration with Synthesis Communications, Orbit Future Academy and Chairos International Ventures presented the Webinar Series titled “After Covid 19: Growth or Depression?” with Prof. Kishore Mahbubani, Senior Fellow at the Asia Research Institute and former diplomat and Dean of the Lee…
New Growth Sectors and Emerging Business Opportunities Post Covid-19
Jakarta – The Indonesia Economic Forum in collaboration with ZACD, Synthesis Communications Indonesia, Orbit Future Academy and Chairos International Ventures presented the webinar Series titled “Emerging Business Opportunities post Covid-19: A Golden Age For Entrepreneurs?” with Sandiaga Uno, former vice government of Jakarta and a…