Indonesia is not the easiest place to start an enterprise or, generally, to conduct business. This is reflected by the World Bank's Doing Business 2016 index in which the country ranks 109th. One of the major obstacles of doing business in Indonesia concerns obtaining the necessary permits and licenses; this can become a time-consuming and expensive affair. In order to successfully start and expand a business it is also important to establish a good network in Indonesian business and government circles. Foreign entrepreneurs should realize the importance of these networks and make efforts to develop them as well as to maintain them. Luckily, it is not difficult to establish these networks as foreign businessmen are also interesting parties for Indonesians. It is highly recommended to become acquainted with cultural values beforehand in order to know how to socialize with Indonesian business partners and Indonesian employees as well as to grasp Indonesia's business culture. This will make your business more efficient and effective, especially in the long term. This section aims to provide an accurate overview of the Indonesian business environment by sharing detailed information on Indonesian companies and commodities. At the same time it will also discuss obstacles to the business environment that are hampering efficiency and effectiveness for economic and social development. When socializing with Indonesians, our Business section also provides suggestions concerning strategic living or office accommodations and gives some tips for behavioral patterns. Enterprises or individuals that want to start doing business in Indonesia and offer goods or services globally (or are in search for specific services or goods) are welcome to advertise on our Business Platform. BUSINESS COLUMNSThe Business Columns section contains articles with an in-depth analysis of subjects at the heart of the Indonesian business world. Together, these columns should provide a detailed and clear image of a wide scope of subjects in Indonesia's business sector and inform about developments within this field. It can serve as a source for investment ideas but it also deals with the negative aspects of (doing) business in Indonesia in order to obtain an objective view. INDONESIAN COMPANY PROFILESThis section is an ever-expanding catalogue of Indonesian company files, both publicly traded at the Indonesia Stock Exchange and state-owned or privately-held companies. Each company file provides a comprehensive outline of the company in order to give insight into its business( es) and performance. It presents an overview of basic corporate data, future prospects and provides conducted interviews with management and other stakeholders. COMMODITIESIndonesia contains an abundance of commodities such as gas, gold and coal. A negative side effect in the case of Indonesia, however, is the country's over-dependency on the export of (raw) commodities. Downstream processing industries still lag behind although the government is making efforts to push for the development of such downstream industries. This section discusses the high and diverse traded Indonesian commodities separately, and in detail. Indonesia is not the easiest place to start an enterprise or, generally, to conduct business. In order to successfully start and expand a business it is also important to establish a good network in Indonesian business and government circles. It is highly recommended to become acquainted with cultural values beforehand in order to know how to socialize with Indonesian business partners and Indonesian employees as well as to grasp Indonesia's business culture. The Business Columns section contains articles with an in-depth analysis of subjects at the heart of the Indonesian business world. It can serve as a source for investment ideas but it also deals with the negative aspects of (doing) business in Indonesia in order to obtain an objective view. Learn more about doing business in Indonesia through EU-Indonesia Business Network
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February 2018
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