Time to buy Indonesian luxury properties? Investors must move fast
Boasting some of the cheapest prices for luxury properties in Southeast Asia, Indonesia’s high-end property market is about to get a shot in the arm. A combination of factors – new government regulations reducing restrictions on foreign ownership of high-end properties; stable macro-economic outlook; a…
Teacher shortage threatens Indonesia’s Future
Across the world, countries are facing an acute shortage of teaching talent. A combination of factors including fewer young people wanting to be teachers; low salaries; digital disruption and an exploding population have led to the current situation. According to the UN Educational, Scientific and…
Businesses brace for uncertain economic conditions and turbulent markets
With global markets shuddering in the face of a price war in oil and the economic fallout from the outbreak of the corona virus, governments across the world are racing to shore up their economies and calm nervous investors. Fears of a global recession now…
Finding a Way Forward: Riding the Gathering Storm
Investors spooked by the negative impact of the virus on the global economy are running for cover. Despite so, the Joko Widodo administration is pushing through an ambitious piece of legislation that it hopes will act as a cure for its economic ills. As of…
Refreshing Ties amidst Global Uncertainties
“Not just close neighbours — but great friends,” Scott Morrison said during his first international visit as Prime Minister in 2018, as stated in an ABC News article. This year marks the 70th anniversary of Australia-Indonesia diplomatic relations, reaching a pivotal highlight when Indonesian President…
Bracing For a Downturn: Indonesia’s Tourism Sector Hard Hit by COVID-19
It is hard not to miss the impact caused by the novel coronavirus (recently dubbed COVID-19) that originated in Wuhan, China. Though Indonesia, as of Feb 17, has not announced its first official case within the country, the surging prices of masks speaks volumes of…
Moving Beyond Bali: Indonesia’s New Tourism Push
With the 10 New Bali Project, the shift in focus beyond Bali to other underexplored destinations within the archipelago, this is an outlook on the economic impact and investment opportunities that this project brings about. Amidst the concerns over recent Coronavirus outbreak and the travel…
Upending Workforce Culture: Millennials Now Rule
By Shoeb Kagda, Founder, Indonesia Economic Forum Their presence is felt everywhere one looks. In cafes, shopping centers, on the MRT but most visibly in the workplace. Indonesia is today being overrun by the millennial generation – those born between 1980 and 2000 – and…
Channeling Optimistic Expectations
Editor: Shoeb Z Kagda The start of a new decade was not particularly sunny for Indonesia. As the nation marked New Year’s Day, it faced the full force of nature as heavy rain pummeled the capital city, causing wide spread floods. But neither the floods…
A Paradigm Shift in Education Underway
As Indonesia enters a new decade, the nation of 260 million people faces a make or break opportunity. Endowed with a young productive population, strong macroeconomic fundamentals, rich natural resources and political stability, the country is poised to make the jump to becoming a higher…