News & Insights
News from Naiman Global, our work with clients and our outlook on business, policy and regulation in Indonesia, for people making decisions there.
Article
The economy grows. Who does the new credit go to?
Two releases on the same day, read side by side, show where Indonesia's growth comes from and why its credit has not reached smaller companies yet.
Katadata
Article
MSCI and the factory that was never built
MSCI's review narrows the stock market exit for mid-sized companies, even those never listed. Two steps can widen the other routes now.
Katadata
Press & coverage
Naiman Global advises ZOZO on a strategic investment
Naiman Global advised ZOZO, the Indonesian zero-sugar soda brand, on the strategic investment from PT Taurus Gemilang announced on 9 September 2026.
Article
Defending the rupiah with stablecoins
Dollar limits guard the bank channel while dollarisation moves to stablecoins that no statistic counts. The answer is licensed rupiah issuers, not a ban.
Katadata
Article
Investment grade is not automatically investable
In one July week Indonesia kept its investment grade rating and was put on watch for frontier status. Only reform that others can check answers the second.
Katadata
Article
Where did the growth go?
Indonesia grows about 5 percent a year, yet real wages fell from 2018 to 2024. The chain from investment to wages breaks at several points at once.
Harian Disway
Press & coverage
Naiman Global and J Trust Consulting sign a collaboration
Naiman Global and J Trust Consulting Indonesia will work together on M&A, fundraising, restructuring and expansion between Indonesia and Japan.
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