DBS points to digital economy, EVs, infrastructure as 2021 growth drivers for Indonesia


A screenshot shows the promotional poster for DBS Indonesia's "Reimagining the Future of Indonesia", a virtual discussion held on March 22, 2021 as part of its Asian Insights Conference series. - www.dbs.com/JP

JAKARTA (The Jakarta Post/ANN): The digital economy, electric vehicles (EVs) and infrastructure are this year’s prominent sectors according to an economist at Singapore’s DBS Bank, who has made the projection based on accelerated digitalization and the government’s investment focus during the pandemic.

DBS Economics and Macro Strategy senior vice president Radhika Rao said the recent shift in consumers to e-commerce platforms, the government’s partnership with EV manufacturers and the recently established Indonesian Investment Authority (INA) would be key economic drivers for 2021.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Indonesia , DBS , infrastructure , EV , digital , economy ,

Next In Aseanplus News

Badminton-Popov becomes first French player to reach title match in World Tour Finals; Korean An continues dominant form
Asean News Headlines at 10pm on Saturday (Dec 20, 2025)
Malaysia guides Asean through turbulent year, wraps up over 320 meetings
Chinese mainland remains top source of visitor arrivals in Singapore; Indonesia is second and Malaysia comes in third
From farms to court, climate-hit communities take on big polluters
Vietnam starts work on rail link to China amid infrastructure spending spree
Taiwan president vows full inquiry into deadly metro attack
Number of foreign workers in South Korea rises to a record 1.1 million in 2025; many of them are from Vietnam and China
Japan city launches edible-looking boot souvenirs inspired by Taiwan braised pork rice
31 Malaysians rescued from Myanmar job scam syndicates safely repatriated

Others Also Read