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.
various regional dialects
261.1 million (2016)
1.905 million km²
Indonesian Rupiah (IDR)
"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)
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.
Planning to do business in Indonesia? Here’s our round-up of local government agencies and business chambers that may be useful.
Larger retailers face an uphill slog to regain profits in 2020.
Southeast Asian tourism is benefitting from the ongoing geopolitical tensions in Northeast Asia: ANZ
Southeast Asia has benefited from a growing tourism sector, as tourists prefer Southeast Asia over Northeast Asia due to the latter's ongoing...
Asian users of online financing services who fall between the ages of 31 and 34 are the most accurate in matching their finance needs to actual...
This reflects investor confidence following Jokowi's re-election, said the report
The biggest risk to Indonesia’s property sector is economic growth that falls below the 5 per cent benchmark.
The recent advent of a circular economy highlights the importance of anaerobic digestion and biogas. Anaerobic digestion is a process where large...