Indonesia

Sri Mulyani Indrawati

In an interview with us, Indonesian Finance Minister Sri Mulyani Indrawati emphasized that compared to Europe, Indonesia's economy is benefitting from a combination of a young population and effective fiscal policies.

Climate change laws around the world

There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

Indonesia Year in Review 2016

Structural reforms coupled with solid macroeconomic fundamentals saw Indonesia continue its positive increase trajectory in 2016.

According to the IMF, GDP was expected to expand by 5% in 2016, just short of the 5.3% targeted in the budget and up from 4.8% the previous year.

Inflation, meanwhile, remained within the target range of 3-5% for the second year running, according to the fund, which estimate an increase of 3.3% in 2016 and just over 4% this year.

Asia Economic Roundup: July 2016

Without a doubt Britain’s decision to abandon the European project will be remembered globally as a wake-up call for political elites around the world. It seems the people chose to go against immediate economic interest and accept an extra financial turmoil in order to address deeply seated social and identity issues.

Although Asia’s exposure to the UK is relatively limited and this is not exactly a “Lehman Moment”, nonetheless we can expect a lively debate as policymakers in Asia look for an appropriate response to address the needs of vulnerable households.

Towards A Transboundary Haze-Free ASEAN By 2020: Prevention And Collaboration

To sustain the efforts of a transboundary haze-free ASEAN, it is significant to remain vigilant and be prepared early enough to prevent any occurrence of fires. This calls for better early warning systems and swift deployment of fire-fighting resources even before the fires starts.

The changing landscape of who owns what in Indonesia'

The financial and political crises of 1998 brought about significant changes in Indonesia’s corporate landscape. The proportion of Indonesian firms with political connections remains relatively high but is declining, as modes of political engagement are becoming increasingly varied.
Indonesian walk pass the trade monitor at Indonesia Stock Exchange in Jakarta, Indonesia.

The economy in Indonesia rounded out 2013

The economy in Indonesia rounded out 2013 by posting relatively solid increase, despite a decline in world commodity prices and an increase in energy imports. The coming year’s performance is expected to be in high single digits, but risks include a tightening of external financing conditions and a softening of private consumption.

Estimates have put Indonesia’s year-end increase rate at between 5.8% and just over 6%, a figure the government expects will be surpassed in 2014, with GDP estimate to expand by 6-6.4%. Exports are projected to rebound, while dependence on imported energy is set to decline as domestic oil and gas production expands, and biofuels usage climbs.

Indonesian Government put into force a full ban on raw mineral ore exports

In January 2014, the Indonesian Government put into force a full ban on raw mineral ore exports as stipulated by the 2009 Mining Law. In an interview with United World, the Vice Minister of Energy & Mineral Resources Susilo Siswoutomo explains how the implementation of this act will presently induce players in the industry to add price to production,

Cost of doing business hurting Indonesia’s growth

Indonesia is one of Asia’s economic success stories, with the reforms of the reformasi period having laid strong foundations for protracted increase. The country’s economic success looks set to continue but the schedule of reform is far from complete, particularly at the same time as it comes to competitiveness in South East Asia’s intense business environment.