The government is facing a dilemma. Indonesia needs giant oil and gas companies to ramp up exploration as oil and gas reserves run low.
Weekly Insights Archive
The government seems running out of ideas to control the pandemic and decides to accelerate the vaccination process.
Indonesia has become a spotlight after several world technology giants invested in the country, most of which spent funds for large startups and data center construction.
The mergers and acquisitions will be increasingly common in the future following capital pressures, competitions, and regulatory changes.
The government is aggressively pushing for the completion of various trade agreements. In mid-November, 15 Asia Pacific countries, including Indonesia, signed mega-free trade cooperation, Regional Comprehensive Economic Partnership (RCEP).
The creation of the Sovereign Wealth Fund (SWF) and the Omnibus Law on Financial Reform will improve Finance Minister’s strategic role in solving persistent problems such as project fundings which add extra pressures on the state budget.
Parliaments and the government are rushing to discuss the Personal Data Protection Bill.
D-Insights extracts important substances of the four draft government regulations on land.
A huge investment in the digital sector is pouring amidst a depressed economy. Most recently, Bukalapak is reported to have received a new investment of US$2-3 billion or Rp 28-42 trillion from a group of investors, including Emtek, GIC, and Microsoft.
Two major events capable of significantly affecting Indonesia’s economy occurred in the last quarter of 2020.