Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore
A year into the COVID-19 pandemic, Indonesia’s economy shows signs of recovery in 2021: The country has seen a 3.2 percent annual GDP growth this year, compared to a contraction of 2.1 percent a year earlier. The 2021 growth is mainly driven by the Information and Communication Technology (ICT) and wholesale and retail trade sectors. […]
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2021 has tested the ability of the AMS to weather a crisis. As the COVID-19 pandemic drags on, disruptions to the global economy continue to cast a shadow upon the development of ASEAN. Amidst this, the economies of ASEAN have made the digital economy a key component of their strategy to achieve a new phase […]
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After introducing the GBA (Greater Bay Area) Framework Agreement, Foshan witnessed a surge in greenfield foreign direct investment (FDI) in 2018. From 2018 to 2020, the average annual number of greenfield FDI contracts, and contracted foreign capital, went up to 751 and USD 8,675 million, respectively. This was as opposed to previous figures of 200 […]
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Indonesia’s overarching goal to expand its basic digital infrastructure first emerged in the 1990s, through the idea of the Palapa Ring project. The project aimed to provide internet access to the entirety of the 34 provinces in the archipelagic nation and was completed recently in 2019. In 2014, the percentage of households in Indonesia with […]
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Special highlight: Letter of Intent (LOI) signing ceremony between ACI-LKYSPP-NUS and Universitas Diponegoro Asia Competitiveness Institute and Universitas Diponegoro have signed a Letter of Intent (LOI) to extend research collaboration on Indonesia and Central Java’s economic landscape. The LOI was represented by Professor Paul Cheung Director, Asia Competitiveness Institute, Lee Kuan Yew School of Public […]
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Summary: ASEAN currently has the fastest growing internet market with approximately 125,000 new users joining the internet every day. A more integrated approach to the region’s digital economy is estimated to add US$1 trillion to regional GDP by 2025. ASEAN countries have seen both internet users and cellular subscriptions increase in the past decade. This week’s chart […]
Read More“The Inaugural Provincial Dialogue on the Economy and Development 2020 for East Nusa Tenggara” was held on September 16, 2020. The webinar was attended by senior officeholders from various government agencies from East Nusa Tenggara province, members of Indonesian Employers’ Association (APINDO) of East Nusa Tenggara and academics from University of Katolik Widya Mandira. Watch […]
Read MoreOn Thursday, 27 August 2020, ACI conducted a webinar for the Riau Islands province, titled “The Inaugural Provincial Dialogue on the Economy and Development 2020 for Riau Islands”. The webinar was a part of ACI’s Subnational Competitiveness Webinar Series. Those in attendance included senior officeholders from various government agencies from Riau Islands province, members of […]
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