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Thursday, November 26, 2020

For The First Time, The 7th Annual Indonesia Economic Forum Will Be Held Virtually

Rebooting the Economic Growth Post COVID-19

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INDONESIA. Jakarta: The 7th Annual Indonesia Economic Forum will bring together political leaders, business leaders, policymakers, global experts, and community leaders to discuss Indonesia’s vision for 2021 which aims to restore economic growth after COVID-19. This forum will be held virtually for the first time from 24-26 November 2020. 

In partnership with HSBC Indonesia, this year’s Indonesia Economic Forum will be presenting the theme “2020 Vision: Rebooting Economic Growth Post COVID-19.” Having experienced the sharpest economic downturn since the Asian Financial Crisis, Indonesia is now rebooting its economy. COVID-19 has accelerated unprecedented change and has created new opportunities.

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“The digital economy is growing rapidly and new technologies are being adopted. New consumer habits are being formed. Global trade and investment patterns have changed and new trends have emerged. This forum will thoroughly discuss Indonesia’s future vision for the post COVID-19 economic recovery,” said Shoeb Kagda, Founder of the Indonesia Economic Forum.

The Indonesia Economic Forum is a multi-stakeholder platform that brings together all parties. The Indonesia Economic Forum has the vision to promote Indonesia’s economic and social progress by identifying trends and opportunities. 

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The main speakers for the 7th Annual Indonesia Economic Forum include Coordinating Minister for Economic Affairs Airlangga Hartarto; Minister of Research and Technology Bambang Brodjonegoro; Minister of Communication and Information Johnny Plate; Vice Minister of Trade Jerry Sambuaga; President Director of HSBC Indonesia François de Maricourt; CEO of Sembcorp Development Kelvin Teo; Chairman of the Jababeka Group SD Darmono. 

Focusing global thought leaders

The Forum will also feature global thought leaders such as the Chairman of Kadin Rosan Roeslani; NUS Distinguished Fellow Kishore Mahbubani; Founder of Ancora Capital Gita Wirjawan; Ford Professor of Economics and Associate Department Head of MIT’s Department of Economics David Autor; Assistant Professor of International Studies, Hamilton Lugar School of International Studies, Indiana University Sarah Danzman; Vice-Chairman of Kadin Shinta Kamdani; Commissioner of Victoria, VGTI Rebecca Hall; and the Chief Executive of National ICT Council (WANTIKNAS) Ilham Habibie. 

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On the first day, IEF will be discussing themes “Positioning the Economy for the Next to Normal”, where the speakers will share their insights regarding the prospects for Indonesia’s economic growth in the post COVID-19 era.

Coordinating Minister for the Economic Affairs, Mr. Airlangga Hartarto will deliver his keynote speech. “What the government has done is on the right track. We see that both of the handlings of COVID-19 and economic recovery will be carried out with a balanced of acceleration and putting on the brakes”, said Airlangga.

Besides, IEF will also discuss “Reshaping The Global Economy: 5 Key Factors” which will present geopolitical experts from Singapore and Indonesia. The first day will conclude with a session with David Autor regarding the future of work.  

On the second day, IEF will focus on issues such as “Emerging Trends in Global Trade” and will discuss the new investment trends and sustainable finance.

On the third day, IEF will examine the theme “Fostering Connection and Strengthening Relations; A Higher Education Dialogue Towards a Successful IA-CEPA”. Panelists will share their insights on the Agri-tech Revolution as well as AI, IoT, Could, and Big Data. 

Read also: Hundreds Of Protestors Detained In Indonesia For Demonstrations Against The New Labour Law

Vision for Indonesia in 2021

What is the outlook for Indonesia in 2021? What will the future of work look like? Can Indonesia move to a sustainable GDP growth model? How will established industries transform? This year’s IEF will discuss in-depth and answer these questions.  

Sachin Gopalan, Co-Founder of the Indonesia Economic Forum said that this year is an important milestone for the IEF as it has turned into a digital platform, a process that has been accelerated due to the ongoing global pandemic. 

Through its digital platform, the Indonesia Economic Forum reaches more than 3,000 senior executives and business leaders and more than one million followers in Indonesia and the region. 

“This year marks a major milestone for IEF as it turns into a virtual digital platform, a process we believe has been accelerated due to the ongoing global pandemic. While it may reduce the opportunities for face to face networking, it gives us access to speakers and participants from around the globe, helping us take the quality of discussions and insights to a new level. Going digital will change the way we interact in a conference event and opens the doors for trying out new concepts, tools, and technologies.” said Sachin.

Since its establishment in 2014, the Indonesia Economic Forum has engaged with the Indonesian government, civil society, business leaders, academicians, and youth organizations.

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