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'Now Showing': Indonesian cinema sector ripe for growth

Estimated to generate about US$250 million a year in box office revenue now, the industry is poised to triple in size in the next decade.

GROWING MIDDLE CLASS: Indonesian consumers are shifting their spending from consumer durables to intangibles such as education, healthcare and entertainment, say economists and business players.

FROM motorcycles to entertainment, Indonesians are spending big. Backed by strong gross domestic product growth and a stable macroeconomic climate, Indonesia has recorded above 5 per cent growth over the past decade.

That compound growth has fuelled the rise of a middle class that is in