Gita Wirjawan: 6 factors that will determine the post Covid-19 world

What is post Covid-19 going to be like? At least there are 6 attributes that are likely to color the post Covid-19 era: continuing deceleration of economic growth around the world; continuing decrease of productivity around the world; continuing leveraging activities at national, corporate and individual level; divergence between capital market and real economies; continuation […]

Is it the right time to buy Indonesian luxury apartments?

Indonesia luxury property market is poised for a boom. Between 2020 and 2023, around 49,200 new apartment units is expected to enter Jakarta for example. Combine with upcoming omnibus bill, relaxation on foreign ownership of high-end properties restrictiom, stable macro-economic outlook, a fast expanding middle class, and the improvement of public transportation, the outlook is […]

Finding a Way Forward

Amidst the growing health concern of the novel coronavirus, the Joko Widodo administration has announced two significant actions that would affect Indonesia’s economy.