Jakarta’s agglomeration, home to more than 30 million people, has long been plagued by various infrastructure problems and congestion. Frequent flooding and climate change fears also led some climate specialists to warn that the huge city could literally sink under water by 2050.

Indonesia – Recent Google mobility reports show that visits to retail and recreation locations are down 12 percent on pre-pandemic levels. Similar contractions are reported for transit stations (–15 percent) and workplaces (–12 percent). Forecasts for Indonesia agree that 2021 will see a weak recovery followed by a firmer recovery in 2022. Retail sales are reported as falling 16.4 percent in the year to February 2021 after an 11.9 percent drop...

COVID-19 has thrust the world into recession, which as a result akin to a domino effect, has led to rapid and accelerated change. Most notably, industries have pivoted online as we hurtle headlong into an increasingly digitalized society. In response to extended lockdowns, society has become more reliant on technology than it has ever been.

Following the passing of the bill by the House of Representatives on 5 October 2020, Law No. 11 of 2020 on the Job Creation Law (the “Job Creation Law”) was finally enacted on 2 November 2020. It involves and effects (to widely varying degrees) over 78 existing laws ranging from land licensing, investment, manpower, government administration and spatial planning to ease the conducting of business and commercial activities.

New export opportunities for Australian farmers, businesses and investors will begin to flow from today with the start of the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA).

Issuance of green debt doubles in Southeast Asia USD7.8bn in 2019 from USD4.1bn in 2018

Indonesia is an Islamic finance giant waiting to be awakened, and events from recent years have indeed stirred the world’s most populous Muslim nation. Armed with a strong political will, the Republic has a firm grip on its title as a worldclass Sukuk contender, issuing more sovereign Sukuk than any other nations globally. And the Southeast Asian giant, with over 225 million Muslim citizens, is resolute in broadening its Islamic finance...

M&A Report (August 2019)

Amid the global trade and tariffs war between China and the US, Asian markets saw a deterioration in M&A activity in 2Q19. In line with the overall trend in the region, private equity activity decreased for the third consecutive quarter.

Anchoring big players like Malaysia and Indonesia, the Asian Islamic capital market has been leading the global industry, not only in size, but also in innovation and diversification. The sophisticated infrastructure of Malaysia is a hallmark of excellence globally, the immense potential of Indonesia’s population and its flourishing sovereign Sukuk market remains captivating to many and the phenomenal market expansion rates in Pakistan and...