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An Economy Ripe for Disruption

Indonesia is undergoing rapid change and the rise of new technopreneurs is accelerating that change. New industries enabled by technology are disrupting existing players...

Taiwan’s New Southbound Policy for Indonesia

Taiwan’s current president Tsai Ing-wen, during her inauguration address in May 2016, revealed her goals for identifying a new direction for economic development for...

Indonesia Pins Hopes on China for Bali Tourism Revival

Following Indonesia’s tourism slump caused by the multiple eruptions on Mount Agung in Bali, the government says it is looking to China to drive its resurgence....

Indonesia Ranked Lowest Amongst Southeast Asian Neighbours in World Talent Competitiveness

Indonesia has held its ranking at 47 in the world talent competitiveness index, making it the lowest ranked Southeast Asian country when it comes to developing,...

Bank Danamon Shares Rise as Japanese Bank Eyes 40% Stake

Bank Danamon Indonesia’s shares in the stock exchange have jumped to the highest level in over four years on Thursday after it was reported that Japan’s Bank of...

Indonesia Economy Could Exceed Expectation Next Year, Minister Says

Indonesia may witness faster economic growth next year than it initially forecasts, according to Finance Minister Sri Mulyani Indrawati. The country’s economy is...

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...