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Why is Indonesia’s Middle and Upper Class Spending Less Money?

Indonesia’s middle and upper class has been spending less money, which has contributed to stagnant growth of Indonesia’s private consumption in the second semester...

Same Taxes but New Tax Mechanism for E-Commerce, says Tax Office

The Tax Office has stressed that there will not be any additional taxes imposed on e-commerce businesses other than value-added tax (PPN) and income tax, but also said...

New Study Finds Indonesia’s 50 Most Valuable Brands

BrandZ has revealed Indonesia’s 50 Most Valuable Brands this year. From banking sector to food and dairy, see which brands made the cut. The new study suggests the...

Tokopedia Announces $1.1b Investment from Alibaba

One of Indonesia’s largest e-commerce platforms has secured a major investment from Alibaba, making the Chinese e-commerce empire a minor shareholder in Tokopedia....

Prepare to Farewell Rupiah’s Zeroes If Central Bank Has Its Way

Dropping some zeroes from Indonesia’s currency has long been touted by the country’s central bank, community groups and lawmakers, but is this recent public...

Indonesia and Google Reach Tax Settlement

Tech giant Google has agreed to pay taxes as a settlement, Indonesia’s Finance Minister has announced. Does this mean for the month-long dispute between the country...

Bubble Fears Premature Following Economic Downturn

Fears of an eventual bubble in Indonesia’s property markets may have failed to come to fruition in recent years, largely thanks to intervention from the central bank,...

AFEX Indonesia on Fintech and Cross-Border Payments

As the world’s fourth most populous country, which has 742 different languages, 18,307 islands and a middle-income class that is larger than Australia’s, Indonesia...

Indonesia-Australia

Australia Urges Free Trade Partnership to Include Education

As part of the free trade deal that both countries are banking on finalising within the year, Australia urges the inclusion of the education sector, with the Land Down...

Can Indonesian Football Fans Boost this UK City’s Economy?

British football is a phenomenon in Indonesia as millions of people across the archipelago have built fan clubs to demonstrate their love for the sport. UK Ambassador to...

president-jokowi

Jokowi: I Want Foreigners to Run Some of Indonesia’s State-Owned Enterprises

With reports on Chinese workers coming to Indonesia and taking work from locals feeding an already anti-foreigner sentiment among some businesses, President Joko Widodo...

China third biggest investor in Indonesia

China Is Third Biggest Foreign Investor in Indonesia

China continues to be one of the biggest economic contributors of Indonesia, pouring in more millions than the United States.   President Joko ‘Jokowi’ Widodo’s...

Amid Rupiah Surge, Drop In Reserves Shows Indonesian Fragility

  Last month’s drop in Bank Indonesia’s foreign-exchange reserves, even as the rupiah led emerging markets to surge 7 percent, highlights vulnerability in the...

McKinsey & Company in Indonesia: Unleashing the Potential of the Archipelago’s Economy

Paris-born Guillaume de Gantes started his journey with McKinsey & Company 15 years ago in Paris. He mainly worked in New York, where he was elected as a partner of...

Education Guide 2017

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