2. Quick Macro View Population: 245 million 50% aged under 29 Internet users: estimated 32-40 million 13 to 17% of population Facebook users reported at 40 million! Highest GDP in Southeast Asia (USD $540 billion) 2011 GDP Growth forecast at 6.5% Indonesian Rupiah has strengthened 10% against USD in last 2 years
5. Opportunities Mobile access is growing and data is CHEAP! For Indonesia think Blackberry, Nokia and over time, Android Think engagement and research – killing time in the 2 hour commute
13. It’s still a cash economy Source: DailySocial.net
14. Opportunity: Localise Payment Don’t think Credit Cards and BPAY! Think eWallets and pre-paid The payment space is heating up Multiple startups in the last couple of months
19. Indonesians now travelling overseas International hotel searches on Wego: up 45% YoY Increased air access It’s not just Jakarta & Denpasar any more Air Asia servicing 13 airports in Indonesia Exit Tax (2.5million RP) abolished in 2011
20. Opportunities for Australia New Visa Requirements Bona fide applicants who fulfil visa requirements are given multiple entry visa to Australia with validity of up to 5 years. Source: Tourism Australia