Atlantis Resources to develop a 150 MW tidal stream site off the coast of Indonesia

Atlantis Resources has signed a memorandum of understanding with SBS to develop a 150 MW tidal stream site off Indonesia.Under the agreement, Edinburgh-based tidal player Atlantis will work together with…

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Indonesian tourism 2018: Indonesia forecasts tourism revenue to pick up in 2018 amid increasing foreign visitors

The Indonesian government expects tourism income to rise significantly this year as foreign tourists into the country are expected to surge, Tourism Minister Arief Yahya said here on Tuesday. The…

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World Economic Forum – Davos 2018: The Number of Potential Chinese Outbound Tourists Could Double by 2020 to 240 Million

Last week at the World Economic Forum in Davos 2018, Ctrip CEO Jane Sun predicted the number of Chinese passport holders would grow to 240 million by 2020. Currently, about…

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Development project of Lombok International Airport and Mandalika Tourism Area offered to Saudi Arabian investors

After attending the Saudi-Indonesian Property Investor Conference here on Monday, the minister stated that the cooperation between Indonesia and Saudi Arabia has been long established, which is shown by the…

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New Investment Opportunity for Indonesia: Saudi Arabia to invest $1.6b in new LRT project

Saudi Arabia will invest $1.6 billion in the light rail transit line connecting Soekarno-Hatta International Airport and Bumi Serpong Damai, a rapid growing suburban area southwest of Jakarta. "We need to reduce…

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Indonesian government to focus on development of four prioritized tourist destinations in 2018

Coordinating Maritime Affairs Minister Luhut Pandjaitan said on Tuesday (09/01) that the government will adopt an integrated approach to develop four priority tourist destinations this year. "We will do everything applying an integrated…

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