Manggi Habir

Mr Manggi Taruna Habir is a Visiting Fellow at the Regional Economic Studies Programme of the ISEAS – Yusof Ishak Institute.

Articles by Manggi Habir (11)

Creative action members, holding banners, gather to stage demonstration for demand that Hyundai stop its plan to use aluminum produced by new coal power plant production in front of a station of electric vehicles (EV) at Senayan Park in Jakarta, Indonesia on May 23, 2023. (Photo by Eko Siswono Toyudho / ANADOLU AGENCY / Anadolu Agency via AFP

Indonesia’s EV Transformation: A Work in Progress

Manggi Habir

The Indonesian government is seeking to ramp up the adoption of electric vehicles on the country’s road. But several challenges remain.

Facebook Inc’s messaging platform WhatsApp and PayPal Holdings Inc have invested in payment, food delivery, and ride-hailing app operator Gojek. According to a regulatory filing, Facebook now owns a 2.4 percent stake in Gojek’s GoPay fintech arm, while PayPal owns 0.6 percent of GoPay as at 9 June 2020. (Photo by Adriana Adie/NurPhoto via AFP)

The Digital Transformation of Indonesia’s Banking Sector: Current Trends and Future Prospects

Manggi Habir|Siwage Dharma Negara

This Long Read examines the trends and developments in the digital transformation of Indonesia’s banking landscape. These look set to benefit a large swathe of Indonesia’s 270 million population which remains unbanked and underbanked.

Are Indonesian Banks Resilient Amidst Rising Interest Rates?

Manggi Habir|Siwage Dharma Negara

Indonesia’s banking sector is likely to withstand higher interest rates given certain fundamentals that will insulate it from the volatility seen elsewhere.

The Significance of President Joko Widodo’s 2024 Budget Address

Manggi Habir|Siwage Dharma Negara

President Joko Widodo doubtless hopes to leave behind a legacy that will remind Indonesians of his grand plans for a developed, vibrant, and economically mature country. His latest – and last – budget shows what a tall order that will be.

Will the New Financial Omnibus Law Compromise Bank Indonesia’s Independence?

Manggi Habir

The Joko Widodo administration’s repeated renewal of a bond programme for burden-sharing with Bank Indonesia during the pandemic raises questions about whether the new financial omnibus law will constrain rather than strengthen the economy.