Via The Diplomat, an article on the Indonesia Railway Development Consortium: As in other Southeast Asian coutries, the Indonesian rail sector is a colonial legacy established with some dependence on external technologies. However, Indonesia has moved on to an independent approach, with the intent of developing its indigenous rail industry. To be fair, other regional […]
Read more »Via Eurasia Review, a report on Indonesia: The World Bank analytically divides the world’s economies into four income groups: high, upper-middle, lower-middle and low. Countries that are categorized as upper-middle income are the ones with income per capita ranging from US$3,896 to $12,055. With income per capita at $3,846 as of 2017, Indonesia is moving […]
Read more »Via Future Directions International, commentary on the opportunities and challenges facing Jakarta which is predicted to become the world’s largest city in 2030: A recent report by Euromonitor International has predicted that Jakarta, Indonesia’s capital city on the island of Java, will become the world’s most populous city by 2030. That prediction includes the population in the […]
Read more »Courtesy of The Financial Times, an article on recent deals by Garuda and Wijaya Karya which signal increasing south-east Asian influence in Africa: There were smiles from the African delegates gathered on April 10 for the Indonesia Africa Forum in Bali as Indonesian company executives signed a series of Africa-related business deals. The agreements not […]
Read more »Via the Nikkei Asian Review, an interesting look at the progress of China’s BRI initiative: The idea of transforming the ancient fishing village of Gwadar into a bustling port city has been around since at least 1954, when Pakistan commissioned the U.S. Geological Survey to examine its coastline. Their conclusion: Gwadar, which sits on the […]
Read more »Via the World Economic Forum, commentary on the top 10 emerging markets of the future: A new report from BMI Research has identified the “10 emerging markets of the future” — the countries that are set to become new drivers of economic growth over the next 10 years. BMI estimates that these countries will cumulatively […]
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