IEF CEO Leadership Series Hard Landing: Garuda Indonesia Prepares for Post Covid-19
As government after government shuts down its borders and imposes strict travel restrictions, the global aviation industry is heading for a tailspin. The speed and depth of the nosedive is unprecedented with some estimates putting the cost of the global shutdown at well above US$200…
Green Investing is the New Mega Trend
“For the first time since WWII, we sense a shift in which climate and the environment – not growth –will become the priority for governments and their citizens as shortages of food, clean water and air become existential questions,” Saxo Bank chief economist Steen Jakobsen…
Battling the twin threats of a global health crisis and economic recession
As global governments race to confront the twin threats of a health crisis and an economic recession, the stakes are high. Millions of lives are at stake while workers around the world face the possibility of job losses and loss of income. As a result,…
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…