Moving Beyond Bali
The 10 New Bali project complements President Joko Widodo’s vision and strategy for Indonesia, to see an increase in investments, infrastructure development, human capital, state budget and political stability. This can be done so by tapping into the Tourism Industry and with the right government initiatives to increase connectivity and accessibility, Indonesia could be the […]
Indonesia’s Travel and Tourism projections 2017-2022
While Bali is a world-class tourism hub, Indonesia is much more than this area alone. Comprising of over 17,000 islands, the archipelago is filled with many more destinations that each have unique offerings yet to be discovered.
Australia, Indonesia Move to Implement Trade Deal
Australia and Indonesia announced a 100-day plan on Monday to implement a long-awaited trade deal, as the two countries hailed a “new beginning” for their sometimes troubled relationship. Australia and Indonesia announced a 100-day plan on Monday to implement a long-awaited trade deal, as the two countries hailed a “new beginning” for their sometimes troubled […]
Reform Even More Pressing as Indonesia Misses 2019 Growth Target
Indonesia’s economy expanded by 5.02 percent in real terms last year, missing the government’s growth target and posting its slowest growth in four years as exports contracted while investment and manufacturing stalled, the Central Statistics Agency said on Wednesday. Jakarta. Indonesia’s economy expanded by 5.02 percent in real terms last year, missing the government’s growth target […]
Indonesia Expects to Adopt Data Protection Law Sooner
The Indonesian government will speed up mutual works with the House of Representatives in the deliberations of the bill on personal data protection to make up for the very late move it has taken, a minister said in a recent interview. Jakarta. The Indonesian government will speed up mutual works with the House of Representatives in […]
China Injects US$174 Billion into Markets, Rupiah Strengthens
Indonesia’s rupiah closed higher by 27 points or 0.19 percent at Rp13.715 against the United States (U.S.) dollar, Tuesday evening, after China injected US$174 billion liquidity into markets via reverse repo operations, Monday. A drop in interest rates and China’s stimulus to the markets pushed the rupiah up on today’s tradingJakarta (ANTARA) – Indonesia’s rupiah […]
Asia’s Next Clean Energy Battle Isn’t in China or India. It’s in Indonesia.
Indonesia’s electricity needs are projected to double in the next 10 years, driven by massive demographic changes in the workforce. Without prompt action, its reliance on fossil fuels threatens to offset the region’s positive growth towards renewables. Indonesia’s electricity needs are projected to double in the next 10 years, driven by massive demographic changes in […]
10 New Bali’s: Priority Locations
A low hanging fruit for investment, the development of ten new Indonesian tourism hubs is not a surprise. New roads, an expanding international airport, hotels, and improved access is well underway in these priority locations. President Joko Widodo’s goals is to have the country’s tourism contribute 8% towards overall GDP and employment of 13 million […]
Moving Beyond Bali: Indonesia’s New Tourism Push
With the 10 New Bali Project, the shift in focus beyond Bali to other underexplored destinations within the archipelago, this is an outlook on the economic impact and investment opportunities that this project brings about. Amidst the concerns over recent Coronavirus outbreak and the travel ban imposed on tourists from China, Minister of Tourism and […]
Upending Workforce Culture: Millennials Now Rule
By Shoeb Kagda, Founder, Indonesia Economic Forum Their presence is felt everywhere one looks. In cafes, shopping centers, on the MRT but most visibly in the workplace. Indonesia is today being overrun by the millennial generation – those born between 1980 and 2000 – and they are driving both economic growth and social change. Perhaps […]