Jakarta’s infamous traffic is back, buzzing at pre-pandemic congestion levels. This, as well as the 2024 election and a national drive to grow the electric vehicle ecosystem, were the most discussed topics on a recent trip to Indonesia.
After a series of Covid-19 lockdowns, business in Jakarta is back to normal, with local shopping malls busy on weekdays. Over three days in the capital, we met with banks, real estate developers and conglomerates, as well as some entrepreneurial founders of companies in the fintech and electric vehicle industries. New president to be elected in 2024 Indonesia's general election will take place on Valentine's Day 2024. President Joko Widodo, the well-respected incumbent, is unable to run for a third term, and three candidates are clearly ahead in the latest polls. The Big Questi...
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