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Not everywhere in Indonesia can you enjoy Internet access. Moreover, in most parts of the country the quality of Internet connectivity is relatively low. Considering that in today’s world Internet access is key to developing any knowledge-based economy (which subsequently triggers social and economic development), it is important that high-quality Internet connectivity is further expanded and improved in Indonesia.
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Asia has a reputation for pushing the boundaries. Some parts of the world see countries like Japan as “living in the future” with the kind of tech that they incorporate into daily life. Manufacturing is a huge industry but this is just one example, and there are loads of others – don’t forget about things like service industries.
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As is widely known, corruption is a widespread problem in Indonesia. Often we read about new corruption cases being unveiled that (typically) involve Indonesian state officials joining hands with the private sector in a (supposedly) win-win deal related to public procurement.
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Crude oil is a fossil fuel that is derived from the remains of plants and organisms that lived on Earth millions of years ago (coal and natural gas also formed under similar conditions). Crude oil is found in huge underground reservoirs – either below land or the ocean floor – where ancient seas once existed.
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The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.