Empowering the Indonesian Economy for Stronger Recovery

"With key structural reforms put in place, we believe Indonesia is well-positioned to maximise its potential and to attract more domestic and foreign investments. At UOB Indonesia, we are here to support our customers in Indonesia as well as those looking to expand into the country and across the region by tapping the strength of UOB Group's extensive network. In doing so, we will help contribute to the continued growth of Indonesia and the region."

Hendra Gunawan

President Director, PT Bank UOB Indonesia

"Singapore still sees Indonesia as the most attractive country for investment. Nearly 30 percent of the total FDI that in Indonesia comes from Singapore. Last year, Singapore's investment in Indonesia reached US$9.8 billion, while this year in the first half of 2021 it reaches US$4.7 billion. This is an opportunity for Indonesia and Indonesian entrepreneurs to seize the opportunities and attract investors from Singapore to invest in Indonesia."

H. E. Suryo Pratomo

Ambassador of The Republic of Indonesia in Singapore

"Indonesia's economy is set to emerge stronger amid the revival in domestic and favourable external demand, further supported by accommodative fiscal and monetary policy stances, as well as sustained infrastructure spending. Further structural reforms aimed at increasing productivity and investment, improving net export and creating sustainable economic growth will be fundamental to the country's acceleration of post-pandemic economic growth."

Enrico Tanuwidjaja

Economist, UOB

"Digital economy is a necessity. A reality that we cannot avoid. Digital economy can help narrow down the gap for those who have not adopted digitalization. And this is part of our task at Ministry of Trade. Next year, we are committed to assisting at least 1 million new economic players to trade, to sell products, and to do business in digital media, at least in the online e-commerce market."

Muhammad Lutfi

Minister of Trade of The Republic of Indonesia

"We should use the pandemic as a momentum to transform the Indonesian economy. Let us seize these opportunities while continuing to maintain our health, in order to achieve sustainable and equitable economic growth."

Ir. H. Joko Widodo

President of The Republic of Indonesia

"We are carrying out structural reforms by implementing Law on Job Creation. The law provides ease of doing business in a bid to improve the investment climate, productivity and job creation The government has also allocated additional capital of Rp60 trillion in 2021 so that Indonesia Investment Authority can invest to support economic growth.

Airlangga Hartanto

Coordinating Minister for Economic Affairs of The Republic of Indonesia

"Looking ahead, we see opportunities emerging in the areas of connectivity, digitalisation and sustainability. With a strong base of young, enterprising talent who are skilled and digitally savvy, Indonesia is well equipped to tap these opportunities while playing a significant role in the region."

Wee Ee Cheong

Deputy Chairman and Chief Executive Officer, UOB