Indonesia

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Indonesia is the largest economy in Asean and the fourth largest country in the world in terms of population. The country has extensive natural resources - a key contributor to its economy. Comprising more than 17,000 islands, the country has enjoyed steady growth over the past two decades thanks in part to high commodity prices and sound economic policies - resulting in a burgeoning middle-class.

MAIN LANGUAGES

Bahasa Indonesia

various regional dialects

POPULATION

261.1 million (2016)

LAND AREA

1.905 million km²

CAPITAL

Jakarta

CURRENCY

Indonesian Rupiah (IDR)

TIME ZONE

"Western Zone: GMT +7
Central Zone: GMT +8
Eastern Zone: GMT +9"

EASE OF DOING BUSINESS

Ranked 72 out of 190 economies (World Bank Doing Business, 2018)

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Indonesia Investment Coordinating Board (BKPM) is mandated to boost domestic and foreign direct investment by creating a conducive investment climate. The investment promotion agency is Indonesia's primary interface between business and government, and serves also as a matchmaker for investors.

www.bkpm.go.id | Investor Relations Unit: (62-21) 5292 1329 /30 | info@bkpm.go.id

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LATEST UPDATES

Mitsui considers stake sale in Indonesia’s Paiton Energy

[TOKYO] Japanese trading house Mitsui & Co is considering a sale of its majority stake in PT Paiton Energy, one of Indonesia's biggest...

Firms in Indonesia opting for debt over equity fundraising

THE true action in Indonesia still lies in the debt capital markets, as a double-digit number of public listings in the first four months of 2020...

Asia's oncoming labour pangs to be "unprecedented"

THE oncoming rise in unemployment will dwarf that during the global financial crisis (GFC) said ANZ Research in a report on Friday, adding that it...

Bank property sales, new retail complexes among Indonesia real estate market opportunities

INDONESIAN banks could start selling off real estate from May onwards, as distress starts to set into the pandemic-hit market, a property market...

Reform needed to improve progress on regional infrastructure growth: Report

INFRASTRUCTURE plans in Indonesia and the Philippines need a major overhaul to achieve their ambitious growth goals, according to research from...

Indonesia's virus support may not be enough for growth: Nomura report

The analysts wrote that “the package does not represent new spending but only reallocations from other items already in the Budget”.