Review

Building Block

GDP growth is expected to remain above 5% for the next few years thanks to high levels of public infrastructure spending and export growth.

Interview

Dr. Bambang Brodjonegoro, Minister , National Development Planning (Bappenas)

TBY talks to Dr. Bambang Brodjonegoro, Minister of National Development Planning (Bappenas), on acquiring financing for infrastructure projects and boosting private sector involvement in the country.

Interview

Thomas Trikasih Lembong, Chairman, Investment Coordinating Board (BKPM)

Thomas Trikasih Lembong is the Chairman of BKPM. He was a former Minister of Trade of Indonesia from 2015-2016. Prior his appointment in the cabinet, he had a long professional career. He was a Co-Founder, Chief Executive Officer, Managing Partner, and Partner at Quvat Management Pte Ltd and also served as President Commissioner at PT Graha Layar Prima Tbk (BlitzMegaplex) since 2012. He was previously employed with Principia Management Group and the Equity Division of Morgan Stanley (Singapore) Pte. Ltd, among others. He received a bachelor's degree in architecture and urban design from Harvard. He also was elected Young Global Leader by the World Economic Forum in 2008.

Forum

Chambers

Beyond representing their respective countries and bodies in Indonesia, business chambers also cooperate with local decision makers and associations on areas of importance.

Interview

Haryanto Adikoesoemo, President Director, AKR Corporindo

TBY talks to Haryanto Adikoesoemo, President Director of AKR Corporindo, on its government contract to sell fuel, its innovative integrated industrial estate and port project, and plans for growth.

Focus: Women’s Empowerment

Force of Parity

A highly educated but under-employed female workforce could unleash more than just economic benefits.

B2B

economy

With many investment opportunities on offer, consulting businesses guide companies through Indonesia's economy, culture, and legislation.

Interview

Irwan Prayitno, Governor, West Sumatra

TBY talks to Irwan Prayitno, Governor of West Sumatra, on the strength of Sumatra's agricultural sector, projects to boost infrastructure, and diversification into other industries.

Forum

Why Indonesia?

With a large population and growing middle-class segment, every sector stands to gain from Indonesia's burgeoning growth.

Review

Pulling No Punches

Despite tense times with China and the US, Jakarta worked to strengthen its ties with neighboring Australia, Malaysia, and Japan in line with the president's plan to intensify Indonesian economic diplomacy.

Inside Perspective

Joko Widodo, President, Indonesia

Joko Widodo, President of Indonesia, on the country's many achievements since its independence, the importance of supporting the younger generation, and his goals for the country.

Guest Speaker

Le Luong Minh, , Secretary-General , ASEAN

TBY talks to Le Luong Minh, Secretary-General of ASEAN, on the association's work to become an economic community, priority sectors, and the secrets to ASEAN's longevity.

Focus: New Capital

Capital Gains?

A look at past capital relocations helps one understand the potential benefits and pitfalls of Indonesia's talk to move its political capital, spreading development and relieving urban congestion in Jakarta.

Guest Speaker

Tevita Lavemaau, Former Minister of Finance and National Planning , Tonga

TBY talks to Tevita Lavemaau, Former Minister of Finance and National Planning of Tonga, on the effect of climate change on the country, its work to combat inequality, and further areas of cooperation with Indonesia.

Year In Review

What a Year Indonesia

Indonesia is spending big in order to drive growth, but at what expense? Consumer confidence remains low, yet there are signs that investment may be paying off.

Column

Friderica Widyasari Dewi, President Director, Indonesia Central Securities Depository (KSEI)

TBY talks to Friderica Widyasari Dewi, President Director, Indonesia Central Securities Depository (KSEI), on the sector.

Review

The Depth Charge

Keen to become a sharia banking hub, Indonesia is fine tuning its financial universe for greater depth and participation.

Forum

Banks Indonesia

With a population that is the fourth largest in the world and a low penetration rate, Indonesia is one of the world's biggest potential banking markets.

Interview

Jaroslav Gaisler, CEO, Home Credit Indonesia

TBY talks to Jaroslav Gaisler, CEO of Home Credit Indonesia, on its innovative consumer finance system, localizing its tools and strategies, and areas of opportunity for the company.

Interview

Dr. Tito Sulistio, President Director, Indonesia Stock Exchange (IDX)

TBY talks to Dr. Tito Sulistio, President Director of Indonesia Stock Exchange (IDX), on the strong performance of the capital markets, its goals to increase the number of listed companies, and the growing importance of digital innovation.

Forum

Insurance Indonesia

With economic growth predicted to improve in 2018 and a growing middle class expected to purchase new cars or homes, Indonesia represents a great potential target market for insurance companies.

Column

Iwan Agung Firstantara, President Director, PT Pembangkitan Jawa-Bali (PT PJB)

TBY talks to Iwan Agung Firstantara, President Director, PT Pembangkitan Jawa-Bali (PT PJB), on the sector.

Review

Race Against the Clock

As Indonesian authorities push to make the deadline for the introduction of a 35-GW power generation program by 2019, time is running out for the signing of new contracts.

Interview

Ignasius Jonan, Minister , Energy and Mineral Resources

TBY talks to Ignasius Jonan, Minister of Energy and Mineral Resources, on the importance of infrastructure to the country, its renewable energy efforts, and working to reduce the generation imbalance in the country.

Interview

Amien Sunaryadi, Chairman, Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas)

TBY talks to Amien Sunaryadi, Chairman of Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), on preparing new block offerings, attracting greater investment into the sector, and pushing for exploration.

B2B

Oil and Gas

International oil companies have to turn to alternative subsectors and partnerships to seek further opportunities in a low-price environment.

Interview

Sofyan Basir, Director, PLN

TBY talks to Sofyan Basir, Director of PLN, on its plans for its Komodo bond, the growth in renewable energy development, and ensuring access for the entire country.

Interview

Leading the Way

TBY talks to Tetsuro Kurita, President Director of PT Fuji Electric Indonesia, on geothermal potential, efficient technology, and investment incentives.

Vox Populi

Electricity Indonesia

The 35GW target to increase the electrification ratio to 97.35% in 2019 has resulted in a slew of power projects across the archipelago.

Focus: Green Energy

Greening Pains

Rapid urbanization has placed new demands on Indonesia's energy supply, but government officials are pushing for new green energy investments to meet demand and reduce negative externalities.

Interview

Khoiri S., President Director, PT Plumpang Raya Anugrah

TBY talks to Khoiri S., President Director of PT Plumpang Raya Anugrah, on industry expertise, public-private cooperation, and rethinking geothermal energy generation models.

Forum

Geothermal Energy

Despite some regulatory difficulties, Indonesia's private companies involved in geothermal are helping the country make sure it reaches its renewable energy targets.

B2B

The Godfather of Geothermal & A New Player

Regardless of the model for geothermal exploration, players in the industry are tapping into a big opportunity in Indonesia.

Focus: MINING REGULATION

Mining to Electrify

Indonesia's overhaul of its mining legislation shows promising signs for coal and mineral mining sectors as well as Indonesia's broader electricity generation goals.

Vox Populi

Mining Indonesia

<del></del>Recent legislation and price speculation mean good things for the mining industry.

Review

Robust Sources

Indonesia's manufacturing sector saw stagnant growth in 2017 due to difficult economic conditions, but industry leaders are optimistic that electronics can lead the sector to better days.

Column

Bernard Tan, Managing Director for Corporate Affairs, Sustainability and Global Communications, Asia Pulp & Paper (APP)

TBY talks to Bernard Tan, Managing Director for Corporate Affairs, Sustainability and Global Communications, Asia Pulp &amp; Paper (APP), on the sector.

Interview

Airlangga Hartarto, Minister , Industry

TBY talks to Airlangga Hartarto, Minister of Industry, on human resource capacity, regional development, and value-added industries.

Interview

Dendi Anggi Gumilang, President Director, PT Perikanan Nusantara (Perinus)

TBY talks to Dendi Anggi Gumilang, President Director of PT Perikanan Nusantara (Perinus), on the ministry's efforts against illegal fishing, supporting local fishermen, and reinvesting profits.

Focus: Textile Industry

Beyond Batik

Despite external and internal challenges, Indonesia's textile industry shows promising signs of growth, especially in regard to investment in production facilities and adding to its boutique batik fame.

B2B

Associations

Through improved free trade agreements and transportation infrastructure, associations across various industries are pushing to bring in more investment and increase Indonesian exports.

Interview

Sri Prakash Lohia, Group Chairman, Indorama

TBY talks to Sri Prakash Lohia, Group Chairman of Indorama, on developing in-demand products, finding success in Indonesia, and giving back.

Column

Bonny Budi Satiawan, CEO, Mega Manunggal Property

TBY talks to Bonny Budi Satiawan, CEO, Mega Manunggal Property, on the sector.

Review

Water World

Indonesia's geography presents significant opportunities and key challenges in the transport sector, as public and private companies seek to improve infrastructure across the archipelago.

B2B

Infrastructure Development

The government has taken huge initiatives in teaming up with private sector giants to spur responsible infrastructure development across multiple transport modals.

Vox Populi

More Than a Fleeting Affair

Airlines and their service industries are reaching new economies of scale as they work to maximize operational efficiency, add new value, and pamper passengers all the more.

Forum

Infrastructure Finance

The government is working with key public and private institutions to drive sustainable investments in infrastructure, but better promotion of the country is needed to drive investment even more.

B2B

Sea Wall

Lest they submerge the capital, the race is on to find sustainable long-term solutions to Jakarta's chronic water needs, whether that is getting dirty water out or keeping sea water from getting in.

Focus: Effects of Mount Agung Eruption

Waiting for the Ash to Clear

Ash clouds grounded jets and ash-mud-covered roads around Mount Agung revealed weak points in Indonesia's transportation systems and their vulnerabilities to natural disasters.

Interview

Edi Sukmoro, President Director, Kereta Api

TBY talks to Edi Sukmoro, President Director of Kereta Api, on the rising importance of freight, solving Jakarta's transport ills, and helping the government solve logistics costs.

Vox Populi

Shipping

The development and preponderance of a healthy, robust shipping industry connecting the country's 17,000 islands is paramount to national unity and development.

Review

Natural Gift

Agriculture in Indonesia has gone through periods of explosive growth. Now, the sector stands to benefit from sustainable farming that respects its natural biodiversity.

Column

Melinda Tunjung Wulan, Country Manager, Kubota Machinery Indonesia

TBY talks to Melinda Tunjung Wulan Country Manager, Kubota Machinery Indonesia, on the sector.

Interview

Ronald Walla, President Director, PT Wismilak Inti Makmur

TBY talks to Ronald Walla, President Director of PT Wismilak Inti Makmur, on offering the public a more relevant value proposition, strengthening the ideology of Indonesia's founding fathers, and forging bigger profit margins.

Interview

Maurits Klavert, President Director, PT Frisian Flag Indonesia

TBY talks to Maurits Klavert, President Director of PT Frisian Flag Indonesia, on educating consumers on the benefits of milk consumption, taming the logistical beast, and adjusting to local tastes.

Review

The Pearl of Southeast Asia

With some of the region's highest growth rates, the Indonesian tourism industry is a shining example of what can be achieved when a nation capitalizes on its natural beauty and cultural heritage.

Interview

Arief Yahya, Minister , Tourism

TBY talks to Arief Yahya, Minister of Tourism, on his industry's huge contribution to foreign exchange reserves, creeping up the ranks in halal tourism, and boosting homestays in rural villages.

Interview

Sven Fitjer, General Manager, The Hermitage Hotel Jakarta

TBY talks to Sven Fitjer, General Manager of The Hermitage Hotel Jakarta, on the importance of creating an experience for guests, its unique offerings, and the hotel's vision moving forward.

B2B

Tourism Development

With the state pushing to develop the industry as aggressively as the most savvy private players, expect to see rigorous growth in the sector in both absolute and relative terms in the years to come.

Focus: 2018 Asian Games

Game on Indonesia

Indonesia hosts the 18th edition of the Asian Games and sees an opportunity to leverage exposure and spark growth.

Photo Essay: Mount Rinjani National Park

Trekkers’ Paradise

Mount Rinjani offers adventurers a three-day experience in one of Indonesia's most spectacular landscapes.

Column

Evy Gozali , CEO, PT Sababay Industry

TBY talks to Evy Gozali , CEO, PT Sababay Industry, on the sector.

Review

Creating Health

<del></del>While Indonesia continues to make large strides in a number of health areas, reducing lifestyle-related, non-communicable diseases must remain a priority for the public and private sectors.

Interview

Dr. Nila F. Moeloek, Minister , Health

TBY talks to Dr. Nila F. Moeloek, Minister of Health, on achieving universal health coverage in 2019, becoming more self-reliant in the field of pharmaceuticals, and lowering costs across the board.

Interview

Ravi Raj, CEO, Columbia Asia Indonesia

TBY talks to Ravi Raj, CEO of Columbia Asia Indonesia, on how to learn from new captive markets, developing broadly before specializing, and creating centers of excellence within each hospital.

Interview

Endang W. Hoyaranda, President Director, Prodia Group

TBY talks to Endang W. Hoyaranda, President Director of Prodia Group, and Erizal Sugiono, Director of Prodia the CRO, on branching out, tackling life-threatening diseases, and supporting firms developing new products.

Interview

Teddy Tjokrosaputro, President Director, PT Rimo International Lestari (RIMO)

TBY talks to Teddy Tjokrosaputro, President Director of PT Rimo International Lestari (RIMO), on stepping back forcefully from the brink, using affordable housing as a springboard, and laying the groundwork for the country's future.

Interview

Rahmad Pribadi, CEO, PT Semen Baturaja

TBY talks to Rahmad Pribadi, CEO of PT Semen Baturaja, on insatiable demand in South Sumatra, the perks of being a niche player, and remaining an environmentally friendly cement producer.

Focus: Cement

The Hard Way

Analysts are keeping a close eye on both consumption and production in order to understand Indonesian and regional demand to best develop the cement industry.

Forum

Real Estate and Construction

Foreign and local firms alike have honed their skills in Indonesia's dynamic market over the past few decades.

Review

In the House

As strong economic growth, an optimistic political outlook, and a partially successful tax amnesty to repatriate offshore wealth continue to drive up housing prices in Indonesia's major urban centers, demand for new housing and shares in developers plummeted in 2017.

Review

GROWING ATTRACTION

Improving the business environment for foreign investors has been one of the main goals of President Joko Widodo's administration.