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View all search resultseconomic-reform
Economy 3 years ago
PREMIUM
2024 electoral tensions risk slowing Indonesia's reform: Moody’s
Moody's 2023 Asia-Pacific outlook cautions that even as the government remains focused on post-pandemic recovery, growing political tension ahead of the 2024 election could restrict further progress in economic reform.
Business 5 years ago
Pandemic presents opportunity for reform to attract investment: HSBC
Joseph Incalcaterra, the chief economist for ASEAN at HSBC, said on Wednesday that the current uncertainty of the global economy made reform even more important, particularly for attracting foreign direct investment (FDI).
Business 6 years ago
PREMIUM
Reforms may jeopardize Indonesia’s role in global value chains: World Bank
According to the Bank’s World Development Report 2020, some countries weaken social and environmental safeguards to attract foreign direct investment (FDI) but thereby reduce their role in global value chains (GVCs).
Business 6 years ago
PREMIUM
Forestry industry expects to see boost this year after exports fall to $11.6b in 2019
Exports of Indonesian wood products totaled US$11.6 billion in 2019, a 4 percent drop from the previous year due to declining demand caused by the ongoing United States-China trade war and the weak competitiveness of local products. Industry players, however, are upbeat entering 2020 thanks to policy reforms.
Business 6 years ago
PREMIUM
‘Don’t be allergic to investment’: Government goes all out to lure funds in 2019
The government has gone all out in luring investment to Indonesia as part of its efforts to revive the country’s manufacturing sector and improve its export performance to spur economic activity amid looming external risks.
Business 6 years ago
PREMIUM
Reforms to boost economy taking shape
The new regulations would open up sectors previously closed for foreign investors in by revising the negative investment list, streamline all business licenses under Investment Coordinating Board (BKPM) and relax taxes for corporate income, expatriates, dividends – among others.
Editorial 6 years ago
Doubting the economic team
A September World Bank report on Indonesia cites bureaucratic red tape, inertia, overlapping regulations, too many discretionary decisions by ministers and regional government rules that contradict Jokowi’s policies and excessive import and export administrative procedures. All these problems have cut Indonesia off from the global supply chain, consequently making it unattractive to foreign direct investment (FDI).
