Event Details

The Economist Intelligence Corporate Network is launching the first in a regular series of events called "Hot Spots", where we will feature an in-depth dive into a country or theme of interest to our members. The first country we are featuring for 2023 is Indonesia.

Hot spots: Opportunities and Risks in Indonesia

Despite numerous headwinds dragging global economic growth down in 2023, bright spots remain in South-East Asia. In our regular series on the hot-spots of regional growth, we look at the economic and political outlooks for Indonesia.

Indonesia is the world's largest Muslim majority state, its third biggest democracy and fourth most populous country. It is the sixth-biggest emerging market by GDP, and in the past decade has grown faster than any other $1trn-plus economy bar China and India. A source of dynamism is digital services, with over 100m people spending $80bn a year on everything from e-payment to apps for on-demand trucking. With a fifth of the global reserves of nickel, the country is a vital link in electric vehicle supply chains.

We will be discussing:

  • Political and economic outlook for Indonesia
  • Market demographics
  • Key regulatory changes that will shape the business environment
  • Opportunities and challenges across industries

We will be joined by industry experts, including:

  • Keith Toh, Partner, Novo Tellus Capital Partners
  • Annisa Natalegawa, Partner and Managing Director of Asia Group Advisors,
  • Ju Ye Lee, Vice President and Economist at Maybank Securities Singapore
  • Samuel Seow, Managing Partner, YSL Legal


08:00 - 08:30
Registration & networking
08:30 - 09:00
Opening presentation
09:00 - 09:45
Panel discussion
09:45 - 10:00


  • Annisa Natalegawa (Partner and Managing Director of Asia Group Advisors)

    Annisa Natalegawa

    Partner and Managing Director of Asia Group Advisors

    Annisa Natalegawa leads Asia Group Advisors, a business advisory and public affairs firm with offices and partners across Asia. She brings in more than a decade of experience in public policy and a wide network with government agencies in the region.

    Annisa has spearheaded multiple advocacy efforts in Indonesia, Thailand, Vietnam, Malaysia and Myanmar; facilitated client engagement with senior political and business leaders; and authored updates and analyses on emerging political and regulatory issues across the region. She is a frequent speaker on business trends and political developments in the key markets of Southeast Asia. Her current area of focus is working with senior client executives to support regional expansion by building visibility with governments and local allies.

    Prior to joining Asia Group Advisors, Annisa served in the Political Cooperation Division of the ASEAN Secretariat, working on various political, security and legal issues in Southeast Asia.

    She holds a Master of International Law from the Australian National University and a B.A. in Social Anthropology from the School of Oriental and African Studies, the University of London.

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  • Ju Ye Lee (Vice President and Economist at Maybank Securities Singapore)

    Ju Ye Lee

    Vice President and Economist at Maybank Securities Singapore

    Lee Ju Ye is Vice President and Economist at Maybank Securities Singapore, part of Maybank Investment Banking Group. Prior to that, she was with Morgan Stanley and the Ministry of Trade and Industry in Singapore. She graduated with a Bachelor of Social Studies (first class honours) from the National University of Singapore, and holds an MPhil in Economics from Cambridge University. Her core expertise is macroeconomics in Singapore, Thailand and Indonesia.

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  • Keith Toh (Partner at Novo Tellus Capital Partners)

    Keith Toh

    Partner at Novo Tellus Capital Partners

    Keith is a Partner with Novo Tellus Capital Partners. Keith was formerly a Principal investor with Francisco Partners, a leading global technology-focused private equity fund, where he invested in sectors including advanced manufacturing, semiconductors, enterprise software, communications, and internet platforms. Prior to Francisco Partners, Keith was an software product lead at Trilogy, and held engineering research roles at Stanford University and at the Ministry of Defense of Singapore in the fields of optics, artificial intelligence and operations research.

    Keith has served on the global technology boards for the last 17 years, partnering to build companies including ISDN Holdings (industrial automation), SP Manufacturing (electronics manufacturing), AEM Holdings (semiconductor equipment), Aconex Inc (enterprise software), Source Photonics Inc (communications), Numonyx BV (semiconductors), and Mincom Pty Ltd (enterprise software), and FX Solutions (financial technology).

    Keith holds a B.Sc. in Electrical Engineering degree from Stanford University, where he enrolled at age 16 and graduated winning the combined faculty Deans’ Award for Academic Achievement.

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  • Samuel Seow (Managing Partner at YSL Legal)

    Samuel Seow

    Managing Partner at YSL Legal

    Samuel Seow An is Managing Partner of YSL Legal and leads the firm's Government and Regulatory, Regional Practice Group comprising of lawyers and legal professionals from across YSL Legal's regional network.

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  • Sumana Rajarethnam (Director, South-East Asia of Economist Intelligence Corporate Network)

    Sumana Rajarethnam

    Director, South-East Asia of Economist Intelligence Corporate Network

    Sumana is a senior policy professional with 17 years of experience. Having worked at several dynamic and vibrant tech firms, Sumana designs and implements policies through advocacy, strategic communication and evidence-based analysis. With a flair for writing and communication, Sumana is able to negotiate complex engagements & cultivate senior-level internal/external relationships.

    Sumana holds a Masters in Public Policy from the University of Michigan, as well as a B.A. in Political Science and Geography from UCLA.

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Raffles Hotel Singapore

Casuarina Suite (Level 3),
1 Beach Road (Enter via the Seah Street Entrance)
Singapore 189673


If you have any questions please contact EICN SEA

Contact Organizer

+65 65345177

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