Every month, we publish the Indonesia Country Report — a strategic briefing crafted for business leaders, investors, and policymakers navigating Southeast Asia’s largest economy.

Drawing from real-time market intel and regional networks, the report highlights Indonesia’s trade dynamics, sectoral shifts, investment signals, and regulatory trends. Whether you're exploring market entry or scaling regional operations, the Indonesia Think Tank provides sharp, actionable insights to guide your next move.

Indonesia:

At a Glance

Indonesia's Business Hub
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Indonesia's Business Hub

Indonesia, a rising giant in Southeast Asia, offers far more than just its capital. For strategic investors, understanding its diverse economic landscape means looking at three pivotal hubs: Jakarta, Surabaya, and the Batam, Bintan, Karimun (BBK) Free Trade Zone. Each presents unique advantages for market entry and growth. Our latest analysis breaks down why these three regions are essential for your ASEAN strategy.

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Key Opportunities in Indonesia
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Key Opportunities in Indonesia

Indonesia stands out as one of ASEAN’s

Most dynamic and rapidly expanding markets. With a growing middle class, robust infrastructure development, and a booming digital economy, the country offers diverse opportunities for businesses and investors alike. From consumer lifestyle and manufacturing to green infrastructure and innovation, Indonesia’s transformation is shaping the future of Southeast Asia.

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Indonesia Country Report - October 2025
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Indonesia Country Report - October 2025

Foreword by Fat Tiger Group VP of Think Tank | Ms. Nicole Tan


Indonesia’s rise as a regional growth engine presents both a timely opportunity and a strategic imperative for global investors. As the largest economy in Southeast Asia and a key player in the emerging Global South, Indonesia is not only abundant in natural resources and human capital—but is also undergoing a transformation driven by digitalization, infrastructure modernization and policy reforms.

At Fat Tiger Think Tank, we seek to unpack the forces shaping tomorrow’s Asia. This report explores Indonesia’s political trajectory, macroeconomic foundations, and demographic evolution—offering context to understand where the country is headed and what it means for the wider region.

What sets Indonesia apart is its sheer scale, demographic advantage, and the government’s growing commitment to improving ease of doing business. For foreign firms, the window of opportunity lies in aligning with Indonesia’s long-term development goals while navigating its diverse regulatory and cultural landscape.

We hope this publication provides the strategic clarity needed to navigate this influential and fast-changing nation.

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Foreword from Ms. Nicole Tan

Vice President, Think Tank

Jakarta sits at the heart of Indonesia’s economic and financial ecosystem, a city where policy, commerce and innovation converge. At Fat Tiger Think Tank, we focus on decoding this complexity to deliver actionable intelligence that helps leaders anticipate shifts and make informed decisions.

We aim to be the trusted guide that helps leaders navigate Jakarta’s opportunities today while preparing for the challenges of tomorrow. Our work tracks political developments, market dynamics and industry transformations that influence the broader Indonesian economy. By combining rigorous research with local expertise and a global perspective, we provide insights that turn uncertainty into opportunity in an environment where change is imminent.

Fat Tiger Think Tank Senior Fellow

Mr. Seah Jun Hao

Mr Seah Jun Hao is a community leader, investor and entrepreneur who has successfully led and achieved multiple business exits. He graduated from Imperial College London with M.Eng (First Class Honours) in Aeronautical Engineering and was named Department Aeronautics Scholar.​

A recipient of the prestigious Singapore Armed Forces Overseas Scholarship under Public Service Commission, Jun Hao served in the Singapore Armed Forces and the Government of Singapore where he was groomed in key appointments including as a Military Private Secretary to the Senior Minister of State for Defence. ​

As a CIO of a Single Family Office that invests in Private Equity, Private Credit, and Real Estates, Jun Hao currently serves Non-Executive Chairmanship roles in his portfolio companies as well as on the Board of Directors or Board of Advisors in multiple Chambers of Commerce, Business Associations and non-profit entities. He further serves as an Affiliate Faculty Member at SMU Academy, Singapore Management University, and is also pursuing an MBA at Harvard Business School.​

Mr. Seah Jun Hao LinkedIn