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Doug's Blog Home > Country > Indonesia > 2017 - 2019 updates > It is easier today to do business in Indonesia than in previous years

It is easier today to do business in Indonesia than in previous years

November 2, 2017 by Doug Gulleson

It is easier today to do business in Indonesia than in previous years, which is great information for the Indonesian economy and her people.  President Bapak Joko Widodo is doing an amazing job in making Indonesia great!

https://www.quora.com/What-will-Indonesia-be-like-in-2020

https://www.adb.org/documents/indonesia-country-operations-business-plan-2018-2020

http://www.thejakartapost.com/news/2017/09/08/indonesia-to-increase-palm-oil-production-to-42-million-tons-by-2020.html

Here is part of the article –

Indonesia has progressed significantly in deregulating its economy as its ranking in the Ease of Doing Business (EODB) index for 2018 has climbed 19 places to 72 from its previous rank of 91, the World Bank announced Wednesday.

In its annual flagship EODB report, the World Bank announced that Indonesia placed just below Oman in 71st and above El Salvador ( 73rd ), but that the country’s ASEAN neighbors placed higher at 26th, 24th and 68th respectively for Thailand, Malaysia and Vietnam.

The report claimed that “getting electricity”, one of the reforms the bank researched, showed significant improvement in Indonesia, as it scored 83.87 percent in distance to frontier (DTF).

The DTF score helps assess the absolute level of regulatory performance over time, measuring the distance of each economy to the “frontier”, which represents the best performance observed since 2005 on each of the indicators across all economies in the EODB sample.

Please head over here for the full article –  http://www.thejakartapost.com/news/2017/11/01/indonesia-jumps-19-places-in-eodb-2018-wb.html

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Filed Under: 2017 - 2019 updates, Indonesia Tagged With: Ease of Doing Business (EODB), Indonesian economy

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