Indonesia Open Network: Not an App, But a New Way of Doing Commerce
By Sachin V. Gopalan Whenever a new digital initiative is introduced, the first question people usually ask is simple: “What app is this?” The question makes sense. For more than a decade, the digital economy has been shaped by apps and platforms. From e-commerce and…
Platform Economy vs Open Networks: Who Really Owns the Market?
By Sachin V. Gopalan The digital economy has changed how we buy, sell, and interact. But it has also changed something less visible, who controls the market. Today, much of digital commerce operates through platforms. These platforms provide access to customers, payments, logistics, and visibility….
Why Indonesia’s Digital Economy Is Growing, But Not Equally
By Sachin V. Gopalan Indonesia’s digital economy is often described in superlatives. Fast-growing. Dynamic. Full of potential. And all of that is true. But beneath the impressive growth numbers lies a more uneven reality, one that deserves closer attention. Growth, by itself, does not guarantee…
Indonesia’s Economic Optimism Facing Geopolitical Challenges
Jakarta 1 November 2023 – The global economic condition, which has not yet recovered after the COVID-19 pandemic, continues to experience challenges in the form of the Russia-Ukraine war and the Hamas-Israel conflict which have triggered increases in energy and food. “Energy and food prices,…
Bank Indonesia to stay put till year-end, cut in Q2 2024
Jakarta, 20 October 2023 – Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on Oct. 19, staying on the sidelines for longer than previously expected, a Reuters poll found. With inflation at a 19-month low of 2.28% in September, firmly within…
Global Investors ‘Confident’ With Indonesian Economy: Central Bank
Global investors still have confidence in the Indonesian economy and may back a drive to buy new debt securities issued to finance the government’s stimulus package for mitigating the Covid-19 pandemic, Perry Warjiyo, the governor of Bank Indonesia, the country’s central bank, said on Wednesday….
Trapped in 5% Growth
Jakarta Post, December 16 2019 Most economists, including those of the World Bank and international banks, have predicted Indonesia will continue to be stuck in the 5-percent growth lane this year and 2020 amid worldwide policy uncertainty, subdued global growth and international trade tensions and…
Global Trade Is Deteriorating Fast, Sapping the World’s Economy
Source: The New York Time, October 1 2019 By Peter S. Goodman LONDON — As President Trump intensifies his trade war with China, and as factories slow in major industrial nations, world commerce is deteriorating rapidly, a perilous development that threatens the health of the global…
Face-to-Face Sandiaga Uno Entrepreneur, Politician and Rainmaker
Employment opportunities, startups and the investment climate are all interconnected in Sandiaga Uno’s interview as he discussed the potential for Indonesia’s economic growth at the Indonesia Economic Forum on November 2018.
Foreigners Dump $1.2 Billion of Indonesian Stocks After Weak Growth, Protests
Source: Bloomberg, September 30 2019 Foreign investors pared their holdings of Indonesian stocks as escalating political demonstrations added to worries of a slowdown in Southeast Asia’s largest economy. Net foreign selling in the equity market reached $1.2 billion in the third quarter, set for the…