Past Event

New Insight on the Business Environment in Indonesia: Exploring the World Bank’s Business Ready report

What are the bright spots and challenges of Indonesia’s business environment, according to the World Bank's Business Ready report? How can the country unlock its full economic potential through efficient policies and services for the private sector? Join this event to gain insights from prominent economists, policymakers, and business leaders.

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Theme:

The private sector is the engine for economic growth – fueling job creation, investment and innovation. However, the World Bank’s new flagship report, Business Ready (B-READY), reveals that despite the great need for economic growth, the world is not business ready. Countries have a long journey ahead to improve their regulations and services to energize the private sector.

Replacing the former Doing Business report, B-READY offers an improved and more comprehensive look at the global business landscape, analyzing 1,200 indicators that track the lifecycle of firms. It assesses 10 key areas of the business environment, from business location and financial services to taxation, international trade, market competition, business insolvency and more. The report serves as a compass for evidence-based policy reforms that can transform Indonesia’s business environment and help achieve the country’s economic growth targets.

What are the bright spots and challenges of Indonesia’s business environment, according to the B-READY report? How can the country unlock its full economic potential through efficient policies and services for the private sector? Join us at this event to gain insights from prominent economists, policymakers, and business leaders.

Time: 

10 a.m to 12 p.m. Doors open at 9:30 a.m

Location: Four Seasons Jakarta Hotel (Jl. Gatot Subroto No.18, Kuningan Bar., Kec. Mampang Prpt., Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12710)

Subject to local time in Jakarta
 

9:30am 

  

  Doors open for registration
10 am to 10:05 am  

Opening by the emcee 

 

10:05 am to 10:20 am  

 

  Welcome remarks 

  Opening remarks 

10:20 am to 10:50 am

 

  Key messages from Business Ready 2024 

10:50 am to 11:30 am

  Panel discussion:

  How can Indonesia reform for a stronger business environment that supports the private sector?

11:30 am to 11:50 am

  Audience QA session 

Networking and lunch follow the event

Opening remarks

Hon. Rosan Perkasa Roeslani - Minister of Investment and Downstream Industry

Welcome remarks

Carolyn Turk - World Bank Country Director for Indonesia and Timor-Leste

Main presenter

Norman Loayza - Director of the Global Indicators Group, World Bank Group

Panel moderator

Mari Pangestu - Vice Chairperson of the National Economic Council

Panelist

Ichsan Zulkarnaen - Assistant Deputy for Investment Acceleration and Downstreaming Cooperation, Coordinating Ministry for the Economic Affairs

Shinta Kamdani - Chairperson, Indonesian Employers Association

Yose Rizal Damuri - Executive Director, Centre for Strategic and International Studies

Chaikal Nuryakin - Director, Institute for Economics and Social Research, University of Indonesia

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Date: February 10, 2025

Time: 09:30 AM - 12:00 PM ET

Location: Four Seasons Jakarta Hotel