• E-Commerce in Indonesia: Many Consumers Look Offline, Buy Online

    Based on a new survey, conducted by ShopBack Indonesia, two out of every five Indonesians buy a product online after having seen the product in an offline store. The survey mentions that 42.2 percent of women and 40.7 percent of men indicate that they have seen the goods directly in the physical store (offline) first and then decide to buy the goods online.

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  • Manufacturing Industry Indonesia: Gov't Optimistic to See Growth

    Over the past decades, Indonesia's manufacturing industry has developed from a significant growth engine (for the whole economy) into a less significant one. Prior to the Asian Financial Crisis in 1997-1998, non-oil & gas manufacturing accounted for 30 percent of Indonesia's gross domestic product (GDP). Today, however, the figure is around 18 percent. If we add the oil & gas industry, then the figure rises only slightly to 19.9 percent.

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  • Population Ageing: Indonesia Among the Least Affected Countries

    Indonesia is known for having a young (and big) population. Around half of the population is below 30 years of age. Indonesia's median age was estimated at 28.6 years in 2016. This means that one half of the population is older than 28.6 years, while the other half is younger than this figure. A new study confirms that Indonesia has one of the world's most productive (in theory that is) populations.

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  • Indonesian Rupiah May Weaken Ahead of Looming Fed Rate Hike

    Approaching the Federal Open Market Committee (FOMC) meeting - scheduled for 12-13 December 2017 - the Indonesian rupiah exchange rate remained stable on Monday (11/12). By 15:00 pm local Jakarta time, the rupiah had strengthened 0.01 percent to IDR 13,548 per US dollar (Bloomberg Dollar Index). However, several analysts warn that the rupiah is likely to depreciate if the US Federal Reserve will indeed raise its benchmark interest rate.

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