Market Intelligence
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The Indonesian aviation sector recovered from the pre-pandemic level. The country has reported an increase in aircraft, passengers, and cargo movements.
The demand for foreign franchisors to enter Indonesia is still significant; registration has grown 5% with food & beverage as the leading sector.
A new Indonesian Health Law comes into force and holds monumental implications for developing and transforming Indonesia’s healthcare system.
The Indonesian Cybersecurity market is expected to continue to grow in the coming year.
In Indonesia, the Quick Response Indonesian Standard (QRIS) payment standard is growing rapidly.
Indonesia to procure SATRIA-2 multifunctional satellite.
As Indonesia looks to reduce its reliance on traditional energy sources, waste-to-energy is increasingly becoming a viable alternative solution.
In 2021, the Indonesia e-commerce market became the ninth largest in the world with a value of US$43 billion.
As Indonesia looks towards a self-sufficient economy, its government is implementing policies which are creating challenges for importers.
Indonesia’s move to renewable energy will require large investments to improve grid sustainability and energy storage solutions.
Indonesia opens online procurement with sectoral medical devices e-Katalog.
Indonesia’s bicycle market has grown 20% in each of the past three years.
Indonesia’s digital roadmap 2021-2024 will accelerate the country’s digital transformation agenda.
Indonesia Removes 49 percent Foreign Equity Cap on Medical Device Importers.
Indonesia is facing rapid growth in digital banking as new rules from the Financial Services Authority allow for near-full foreign ownership of local tenders.