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In the latest World Competitiveness Yearbook (2022) Indonesia ranked 44th overall (out a total of 63), which is significantly weaker than last year’s ranking (37th). While Indonesia’s investment and business environment is known to be plagued by several structural bottlenecks, we did witness an (overall) improving trend in the country’s rankings in global competitiveness indices over the past decade or so.
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“After the nickel ore ban [imposed in January 2020], we focus on bauxite this year [2022]. And after bauxite, we will go for tin and copper. We have to dare to take these steps!”
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In recent times, commodities have been ‘hot’. The rebound in economic activity after the COVID-19 pandemic (in combination with disrupted supply and logistics chains) started a high commodity price cycle. This cycle that was subsequently strengthened by the Russo-Ukrainian war.
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Breaches of personal data are unfortunately common news in Indonesia as it occurs on a widespread and frequent basis in not only the public sectors, but also in private sectors.
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Pendapat yang diungkapkan di bagian ini adalah pandangan penulis pribadi atau orang yang diwawancarai dan tidak mencerminkan pandangan Indonesia Investments. Para penulis bebas untuk mengemukakan pendapat mereka menyangkut iklim sektor bisnis di Indonesia. Fakta yang disajikan di dalam kolom ini adalah hasil penelitian penulis sendiri atau diambil dari sumber yang ditunjukkan, baca ketentuan umum.