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Could Indonesia Be an Internet Powerhouse?
By Matt Rusling The Diplomat Indonesia’s government plans to roughly double the number of people online to 150 million by 2015. If the country’s tech sector can tap into that enormous market, it could dramatically boost the Internet economy. But the government, the private sector, and entrepreneurs will all have to be on board to … Continue reading
Franklin Templeton: Indonesian Optimism
By Tek Khoan Ong, CFA® Senior Executive Vice President, Managing Director Templeton Emerging Markets Group Southeast Asia represents one of the fastest-growing regions in the world today, and is one that we are excited about as investors. The Templeton Emerging Markets Group held our semiannual analyst conference in Jakarta in September, and one of the key … Continue reading
Jokowi Looks To Ramp Up Investment In Indonesia
Indonesia is looking to ramp up investment and is seeking to become a new haven in Southeast Asia as the nation’s new government aims to cut costly subsidies. Indonesia’s new leader, President Joko “Jokowi” Widodo, in his maiden speech at the Asia-Pacific Economic Cooperation’s (APEC) CEO Summit in Beijing made one thing clear to the audience … Continue reading
Indonesia To Offer 43 PPP Infrastructure Projects Worth $52 Billion In 2015
The Indonesian government is planning to offer up 43 infrastructure projects valued at $52 billion to private investors in 2015 under public-private partnership (PPP) schemes, according to an official at Indonesia’s National Development Planning Ministry, Indonesian newspaper The Jakarta Globe reported on Thursday. Such projects include airports, monorail, toll roads, ports, rail, and water infrastructure, … Continue reading
Indonesia Set To Hike Fuel Prices By 50% In November, Adviser Tells Reuters
Indonesia’s President-elect, Joko “Jokowi “ Widodo, is planning to hike the cost of subsidized gasoline and diesel by around 50% within two weeks of assuming office, a move which could help the Indonesian government save around $13 billion in 2015, Reuters reported today, citing an adviser to Widodo. Widodo has been under mounting pressure to cut … Continue reading
