Invest Islands https://invest-islands.com property investment service Thu, 20 Jan 2022 08:49:05 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.9 https://invest-islands.com/wp-content/uploads/2018/11/cropped-globe-invest-new-gold-32x32.png Invest Islands https://invest-islands.com 32 32 G20 in Indonesia to offer Rp1.7-trillion benefits to MSME sector https://invest-islands.com/g20-in-indonesia-to-offer-rp1-7-trillion-benefits-to-msme-sector/ https://invest-islands.com/g20-in-indonesia-to-offer-rp1-7-trillion-benefits-to-msme-sector/#respond Thu, 20 Jan 2022 08:47:26 +0000 https://invest-islands.com/?p=19272 The G20 in Indonesia has the potential to create 33 thousand new jobs, with a consumption value of Rp1.7 trillion Indonesia’s G20 presidency from December 1, 2021, to November 31, 2022, would proffer benefits to MSMEs, with Rp1.7 trillion of potential domestic consumption, Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Minister Teten Masduki stated. […]

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Island of Indonesia

The G20 in Indonesia has the potential to create 33 thousand new jobs, with a consumption value of Rp1.7 trillion

Indonesia’s G20 presidency from December 1, 2021, to November 31, 2022, would proffer benefits to MSMEs, with Rp1.7 trillion of potential domestic consumption, Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Minister Teten Masduki stated.

“The G20 in Indonesia has the potential to create 33 thousand new jobs, with a consumption value of Rp1.7 trillion,” Masduki noted in a statement here, Thursday.

As is known, Indonesia will host the G20 conference by holding 150 activities comprising 49 main events and 111 other supporting activities or side events.

A total of 20,988 delegates will visit Indonesia along with their staff or family members. This figure is projected to multiply to reach between 41,976 and 83,952 prospective visitors in Indonesia.

To support the implementation of G20, Masduki has issued a Decree (SK) to form a committee for the 2022 G20 Indonesia Presidency Program and Activities within the Ministry of Cooperatives and MSMEs.

Read more : G20 Success Will Open Investment Opportunities For Indonesia: Official

The committee is designed to optimize the role of Indonesian cooperatives and MSMEs in the implementation of the G20 presidency, he affirmed.

“We will ensure our presidency in G20 will provide benefits for Indonesian MSMEs,” he remarked.

This committee will handle nine side events of the G20, which is an initiative of the Ministry of Cooperatives and MSMEs.

For synergy and collaboration, the focus is on mapping the role and harmonization of cross-stakeholder crowdfunding pertaining to the participation of cooperatives and MSMEs in the G20.

Lastly, the ministry will handle the integration of MSME products and cooperatives engaged in merchandise or products and hospitality or service business, with specific focus on handling the curation and presence of Indonesian MSME products in the G20.

“We are initiating collaboration with related parties to provide the official G20 souvenirs produced by the best Indonesian MSMEs curated by the ministry,” he concluded.


Article source : https://en.antaranews.com/news/210697/g20-in-indonesia-to-offer-rp17-trillion-benefits-to-msme-sector

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Indonesian-based Architectural Firm Wins Prestigious UNESCO Prix Versailles Award! https://invest-islands.com/indonesian-based-architectural-firm-wins-prestigious-unesco-prix-versailles-award/ https://invest-islands.com/indonesian-based-architectural-firm-wins-prestigious-unesco-prix-versailles-award/#respond Thu, 13 Jan 2022 08:36:05 +0000 https://invest-islands.com/?p=19172 Inspiralarchitects – a leading Indonesian and international architects team in Bali – become a winner of the UNESCO prize for sustainable architecture, The Prix Versailles Award 2021. The Ulaman Eco Resort is part of the 24 final winners, alongside other projects from OMA, Zaha Hadid Architects, Foster & Partners, etc. This is the first time […]

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Inspiralarchitects – a leading Indonesian and international architects team in Bali – become a winner of the UNESCO prize for sustainable architecture, The Prix Versailles Award 2021. The Ulaman Eco Resort is part of the 24 final winners, alongside other projects from OMA, Zaha Hadid Architects, Foster & Partners, etc. This is the first time that an Indonesian-based architectural firm has been awarded these prestigious accolades!

sustainable architecture
Ulaman eco resort
sustainable architecture
Ulaman eco resort

In this award, the judging committee and the UNESCO secretariat selected the winners based on their admiration and respect of the architectural works in view of the lasting marks they (the projects) leave.

Ulaman eco resort
Ulaman eco resort
Ulaman eco resort

Text provided by Secretariat of the Prix Versailles] After the announcement of the World Selections in the categories of Airports, Campuses, Passenger Stations and Sports, followed by the Continental Winners for the categories Shops & Stores, Shopping Malls, Hotels and Restaurants, 94 recent creations featuring extraordinary architecture and design were competing in the Prix Versailles 2021 World Finale.

Charlie Hearn Interview

The World Judges Panel crowned the top three projects in each of those eight categories, discerning a total of 24 World Titles.

The official announcement of these results provided an opportunity for the Chairman of the World Judges Panel, Jean-Jacques Annaud, to underscore the admiration and respect that we owe to works of architecture in view of the lasting marks they leave.

Read more : Meliá Hotels International To Open A New Luxury Resort On Lombok Island, Indonesia

Inspiral
Inspiral
Inspiral – bedroom
Inspiral – bedroom

Ernesto Ottone Ramírez, UNESCO Assistant Director-General for Culture, further reiterated the importance of the Prix Versailles in promoting sustainable architecture in fields as varied as education, sport, and tourism, in every part of the world.

Insipral – living room
Inspiral – living room
Inspiral

Dialogue and interconnections between the different aspects of the human environment – from ecology to social relations to culture – pave the way for intelligent sustainable development. More than a mere goal, this offers a wonderful promise of the ability to meet the latest challenges facing the world today.


Source article : http://archinesia.com/indonesian-based-architectural-firm-wins-prestigious-unesco-prix-versailles-award/

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Bali airport ready for G20 Summit: Angkasa Pura https://invest-islands.com/bali-airport-ready-for-g20-summit-angkasa-pura/ https://invest-islands.com/bali-airport-ready-for-g20-summit-angkasa-pura/#respond Tue, 11 Jan 2022 08:02:05 +0000 https://invest-islands.com/?p=19164 I Gusti Ngurah Rai Airport, as Bali’s main air gateway for all delegates, is ready to support the 2022 G20 Summit PT Angkasa Pura I (AP I), the operator of I Gusti Ngurah Rai Airport in Bali, said the airport is ready to support the G20 Summit in Bali, which is scheduled to be held […]

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Bali ready for the G20
Bali, Indonesia

I Gusti Ngurah Rai Airport, as Bali’s main air gateway for all delegates, is ready to support the 2022 G20 Summit

PT Angkasa Pura I (AP I), the operator of I Gusti Ngurah Rai Airport in Bali, said the airport is ready to support the G20 Summit in Bali, which is scheduled to be held in October 2022.

“I Gusti Ngurah Rai Airport, as Bali’s main air gateway for all delegates, is ready to support the 2022 G20 Summit,” president director of Angkasa Pura I, Faik Fahmi, said in a statement received here on Friday.

He said AP I has prepared special routes at the international and domestic terminals for delegates arriving and departing from the airport.

AP I has also prepared VIP building facilities for VIP I delegates, namely President Joko Widodo, heads of state, and heads of the governments of countries participating in the summit, as well as for VIP II delegates, comprising ministerial-level state officials from participating countries.

“In the VIP building, we have prepared a health mechanism, and immigration and customs checks. We have also allocated a parking stand for a special parking lot for state aircraft that will be boarded by the VIP delegation,” Fahmi informed.

Read more : G20 Success Will Open Investment Opportunities For Indonesia: Official

Besides the entry point for the VIP building, AP I has prepared three other entry points at the international, domestic, and General Aviation terminals, he said.

To support the smooth flow of arriving delegations, a special personal helper will also be provided to them, he added.

Considering that the world is currently dealing with the COVID-19 pandemic, AP I will continue to implement strict health protocols while handling the arrivals and departures of the G20 delegates, Fahmi said.

Delegates arriving at the international terminal will cross a special thermal scanner that will detect their body temperature, he informed.

They will also undergo a number of health examinations, which will be carried out by the Port Health Office (KKP). The KKP will scrutinize their health documents to check if they meet the flight requirements, the results of RT-PCR tests, as well as conduct further health checks, if needed, Fahmi said.

“Delegates who are declared healthy will enter the immigration, baggage claim, customs, and holding areas before heading to the pick-up area,” he informed.

Meanwhile, delegates arriving at the domestic terminal will also undergo a health check and a thermal scan, he said. Their health documents will be checked by the KKP, he added.

“AP I, together with the relevant stakeholders, is trying to ensure the delegation’s health check system to be easier, including the digitization of integrated health documents,” Fahmi said.

AP I, especially I Gusti Ngurah Rai Airport, has had a lot of experience supporting world-class events, including the APEC Summit in 2013 and the IMF-World Bank Annual Meeting in 2018, he noted.

“We are committed to making a good impression on the delegates, as well as providing superior service that reflects Indonesian hospitality, in accordance with the company’s vision,” he remarked.

Earlier, on December 28, State-Owned Enterprises (SOEs) Minister Erick Thohir had reviewed the readiness of I Gusti Ngurah Rai Airport ahead of the G20 Summit.

During his visit, Thohir had highlighted the importance of services at I Gusti Ngurah Rai Airport for supporting the 2022 G20 Summit.

“Certainly delegates will have high expectation on services in Indonesia, which are well known throughout the world,” he remarked.


Source article : https://en.antaranews.com/news/207265/bali-airport-ready-for-g20-summit-angkasa-pura

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Asian Le Mans Series Will Race at Mandalika Circuit in 2023 https://invest-islands.com/asian-le-mans-series-will-race-at-mandalika-circuit-in-2023/ https://invest-islands.com/asian-le-mans-series-will-race-at-mandalika-circuit-in-2023/#respond Tue, 21 Dec 2021 08:47:29 +0000 https://invest-islands.com/?p=19088 The existence of tracks that have international grades in Indonesia such as the Mandalika Circuit, Lombok, have the potential to hold many world-level events. In 2021, the Mandalika Circuit hosted the Asia Talent Cup and World Superbike. Next season, World Superbike and MotoGP will also be hosted at the Mandalika Circuit. Not only are motorcycle […]

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Asian Le Mans series
Pertamina Mandalika International Street Circuit

The existence of tracks that have international grades in Indonesia such as the Mandalika Circuit, Lombok, have the potential to hold many world-level events.

In 2021, the Mandalika Circuit hosted the Asia Talent Cup and World Superbike. Next season, World Superbike and MotoGP will also be hosted at the Mandalika Circuit.

Not only are motorcycle racing events planned, but four-wheeled championships are planned also. Among them, the endurance car racing event, the Asian Le Mans Series.

Read more : Latest Travel Regulations To Enter Bali As Of 29 November 2021

The Asian Le Mans Series is expected to be held at the Mandalika Circuit in the very near future. “I want to bring the Asia Le Mans Series to the Mandalika Circuit,” said Ricardo Gelael whilst talking to the media recently.

Kuta Mandalika, Lombok Indonesia

“We have communicated with the organizers and they are interested. Of course the World Superbike race at the Mandalika Circuit yesterday is expected to be a turning point for the revival of Indonesian motorsport,” continued the owner of the Jagonya Ayam team and father of the Indonesian racer, Sean Gelael.

The only foreseeable setback being that the Asian Le Mans Series is expected at the Mandalika Circuit during the 2023 race calendar, at the earliest.

“From our communication with the organizers, the 2022 Asian Le Mans Series has already released its race calendar. So most likely we will be looking towards 2023,” continued Gelael.

According to Bola.com, the Asian Le Mans Series 2022 will take place over four races, on two tracks. Namely, the Dubai Autodrome Circuit and Yas Marina, each holding two races.

Watch this space.


Article source: https://www.bola.com/ragam/read/4724476/asian-le-mans-series-bakal-balapan-di-sirkuit-mandalika-tahun-2023

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Latest Travel Regulations to Enter Bali as of 29 November 2021 https://invest-islands.com/latest-travel-regulations-to-enter-bali-as-of-29-november-2021/ https://invest-islands.com/latest-travel-regulations-to-enter-bali-as-of-29-november-2021/#respond Thu, 16 Dec 2021 07:16:56 +0000 https://invest-islands.com/?p=18939 You know what time it is? Yes, #ItstimeforBali! Recently, the president of Indonesia, Joko Widodo, has imposed new regulations for those who are planning to visit Bali by air, as an initial step to re-open the island again. The regulations were issued during the Restricted Meeting (Ratas) regarding the evaluation of the Implementation of Community […]

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New travel regulation in Indonesia
Nusa Penida, Bali

You know what time it is? Yes, #ItstimeforBali! Recently, the president of Indonesia, Joko Widodo, has imposed new regulations for those who are planning to visit Bali by air, as an initial step to re-open the island again. The regulations were issued during the Restricted Meeting (Ratas) regarding the evaluation of the Implementation of Community Activity Restrictions (PPKM), on 11 October 2021. These new regulations have been implemented effective immediately since 14 October 2021. By relaxing the travel restrictions to Bali, the Indonesian Government hopes that this move will be able to revitalize the country’s tourism.

And to support this process of reopening, the Indonesian Government will ensure to keep their utmost efforts to prevent the spread of COVID-19, namely by maintaining Indonesia’s status as one of the countries with the highest vaccination rates, one of the highest CHSE certifications, as well as being the country that consistently provides safety protocols for all visitors.

Who is eligible?

There are 19 countries that are allowed to open their international flights to Bali. These countries are also allowed to open their flights to the Riau Islands. These 19 countries are:

  1. Bahrain
  2. China​​
  3. France
  4. Hungary
  5. India
  6. Italy
  7. Japan
  8. Kuwait
  9. Liechtenstein
  10. New Zealand
  11. Norway
  12. Poland
  13. Portugal
  14. Qatar
  15. Saudi Arabia
  16. South Korea
  17. Spain
  18. Sweden
  19. United Arab Emirates (UAE)

These countries were chosen by the Indonesian Government as they have a low COVID-19 positivity rate, in accordance with the standards of World Health Organizations (WHO), as specified in the Decree of the COVID-19 Task Force No. 15 of 2021.

In addition, in response to the emergence of the new SARS-CoV-2 B.1.1.529 as stated in Circular of Covid-19 Task Force No. 23 Year 2021, as of 29 November 2021 a ban is imposed on foreign travelers who; either directly or through transit in a foreign country, has visited and/or resided within 14 (fourteen) days from the country/region with the following criteria: 

  • Has confirmed the community transmission of the new SARS-CoV-2 B.1.1.529, which includes South Africa, Botswana, Hong Kong; as well as 
  • Countries/regions that are geographically close to the country of community transmission of the new variant B.1.1.529 cases significantly, which includes Angola, Zambia, Zimbabwe, Malawi, Mozambique, Namibia, Eswatini, and Lesotho.
New regulation to enter Indonesia
Gili Trawangan, Lombok

Read more : Why Is Everyone So Obsessed With Bali, Yet Ignorant Of Indonesia’s 17,500 Other Islands?

Pre-departure preparation regarding visas

Before departing to Bali and Riau Islands, you need to prepare yourself with the information about the visa and requirements to enter Indonesia.

  • E-Visa

As an effort to provide ease of access, the Indonesian Ministry of Law and Human Rights has launched an electronic visa (e-Visa) application system. This e-Visa was launched to assist foreign travelers who intend to visit Indonesia. It allows foreigners to apply for a visa online without hassle. Check out this article to gather more information about e-Visa.

In accordance with the Decree of the Minister of Law and Human Rights (KEPMENKUMHAM) No. M.HH-03.GR.01.05 of 2021, below are the current types of visas allowed to enter the Indonesian territory:

  • Visit Visa
    • Index B211A with Purpose of Visit as follows:
      • Traveling
      • Emergency and urgent work
      • Business meeting
      • Purchasing goods
      • Film production
      • Voluntary, medical, and sustenance work
      • Government duty
      • Accompanying transport tool in the region of Indonesia
      • Development of marine industry (yachters)
      • Government duty in accordance with Indonesian Presidential related meetings in G20 or International Assembly of 144th Inter-Parliamentary Union (IPU)
    • Index B211B with Purpose of Visit as follows:
      • Candidate of expatriate in working competency trial

  • Visa for Temporary Resident Permit
    • Visa for Temporary Resident Permit – Work
      • Index C312 with Purpose of Visit as follows:
        • Experts
        • Joining to work on board the ship, floating device, or installation which operates in the water, sea territory, continental shelf, and the exclusive economic zone in Indonesia
        • Supervising and monitoring the quality of goods or productions
        • Inspection or auditing on company branches in Indonesia
        • Post-sales service
        • Setting up and repairing mechanics
        • Non-permanent construction work
        • Film production activity with commercial purpose and have been granted permission from authorized institutions
        • Candidate of expatriate in working competency trial

  • Visa for Temporary Resident Permit – Non-Work
      • Index C313 with Purpose of Visit as follows:
        • Foreign investment with validity period of 1 year
      • Index C314 with Purpose of Visit as follows:
        • Foreign investment with validity period of 2 year
      • Index C316 with Purpose of Visit as follows:
        • Education and training
      • Index C317 with Purpose of Visit as follows:
        • Family union

You can visit this page to gather more information related to the types of visas currently applicable for Indonesia

Borobudur temple, Java

Arrival protocols

According to the Instruction of Ministry of Home Affairs No. 58 Year 2021, foreign travelers who intend to visit Bali must go through Soekarno Hatta Airport in Banten, Raja Haji Fisabilillah Airport in Riau Islands, or Sam Ratulangi Airport in North Sulawesi beforehand.

When you have arrived in Bali, there are several measures you need to take before you can continue your travel. According to the Circular of Covid-19 Task Force No. 23 Year 2021 as of 29 November 2021, all international travelers, whether they are Indonesian citizens or foreign nationals, should comply with the existing health protocols. 

Foreign travelers who have not visited and/or resided in South Africa, Botswana, Hong Kong, Angola, Zambia, Zimbabwe, Malawi, Mozambique, Namibia, Eswatini, or Lesotho, within 14 (fourteen) days are allowed to enter the territory of Indonesia under the following conditions:

  • Through entry points (airports) in Bali and Riau Islands
  • Can show a card or certificate of receipt of COVID-19 vaccine and a negative RT-PCR test result.
  • Short Visit Visa or other entry permits in accordance with applicable laws and regulations.
  • Proof of ownership of health insurance with a minimum coverage value of USD 100,000 which includes financing for handling COVID-19.
  • Proof of booking confirmation and payment (booking) for accommodation from the accommodation provider while staying in Indonesia.

You can visit this page to gather more information regarding the latest health protocol regulations in Indonesia.

Below are the arrival and departure flow you have to follow if you travel to Bali via I Gusti Ngurah Rai International Airport:

Padar island, East Nusa Tenggara

International arrival flow

  1. Pre Flight
    – Provide a full-dose vaccination certificate (at least 14 days before arrival)
    – Download PeduliLindungi app
    – Register e-PCR
    – Verify your e-Hac
    – Register e-CD (Electronic Custom Declaration)
    – Provide the proof of your quarantine hotel booking
    – Prepare negative PCR result (3×24 hours before arrival)
    – Prepare immigration documents
    – Prepare travel insurance
  2. Landing in Bali
    – Go to the arrivals terminal
  3. Go to the arrival terminal
  4. Thermo Scanner
    – For body temperature below 38°C, proceed to the next step
    – For body temperature exceeding 38°C, a further medical examination will be done immediately. If all health requirements are good, proceed to the next step. If not, travelers will be referred to the nearest hospital
  5. Port Health Office
    – Enter medical documents check
    – Scan e-HAC QR code
    – Tap QR code
  6. PCR Swab
    – Taking PCR swab sample
    – Scan QR code
  7. Immigration
    – Immigration check
  8. Conveyor Belt
    – Put your luggage in
  9. Customs
    – Scan e-CD (Electronic Custom Declaration) QR code
    – Customs check
  10. Holding Area
    – Wait for your PCR test result
  11. Exit Control Desk
    – Tap QR code
    – Hotel & transport registration
  12. Positive PCR
    – Nearest hospital
  13. Negative PCR
    – Pick up zone to stay at a quarantine hotel for 3 days
new indonesia travel regulation
Togean island, Sulawesi

International departure flow

  1. Drop Zone
  2. Thermo Scanner
    – For body temperature below 38°C, proceed to the next step
    – For body temperature exceeding 38°C, a further medical examination will be done immediately. If all health requirements are good, proceed to the next step. If not, travelers will be referred to the nearest hospital
  3. AVSEC
    – Flight document and security check
  4. Check-In
  5. Tap Boarding Pass
  6. AVSEC PSCP
  7. Immigration
    – Immigration check
  8. Commercial Area
  9. Waiting Area
  10. Take Off
Mount Bromo, Java

Quarantine rules

According to the Addendum of Circular of Covid-19 Task Force No. 23 Year 2021, as of 3 December 2021 you are also required to undergo mandatory 10 x 24 hours quarantine following your arrival, granted that you have received a full-dose vaccine.

  • Indonesian citizens who; either directly or through transit in a foreign country, have visited and/or resided in South Africa, Botswana, Hong Kong, Angola, Zambia, Zimbabwe, Malawi, Mozambique, Namibia, Eswatini, or Lesotho, within 14 (fourteen) days will still be allowed to enter Indonesia by doing another RT-PCR test as well as undergoing a 14 x 24 hours quarantine
  • For Indonesian citizens, specifically Indonesian Migrant Workers (PMI); Students; or Government Employees who return from overseas official trips in accordance with the Decree of the Head of the Task Force Handling COVID-19 Number 14 of 2021, the quarantine accommodations and RT-PCR test will be borne by the government
  • For Indonesian citizens (not on the criteria for the previous points) and foreigners must undergo a self-funded quarantine accommodation (hotels/inns) recommended by the COVID-19 Task Force and have met the terms and conditions of the Indonesian Hotel and Restaurant Association and the Ministry of Health.
New travel regulation to enter Indonesia
Floating Market, Kalimantan

A day before the quarantine period ends, another RT-PCR test will be conducted. If the test shows a negative result, on the last day of quarantine, you will be declared for completed quarantine. Meanwhile, if the RT-PCR test shows positive result then you will have to undergo the following procedures:

  • Treatment in centralized isolation facilities for asymptomatic people and people with mild symptoms.
  • Treatment at a referral hospital for people with moderate and severe symptoms.

For Indonesian citizens , the cost of treatment will be borne by the government. As for foreign travelers, the cost of treatment will be borne independently.

Here is the list of hotels in Indonesia that provide a mandatory quarantine facility.

Do also visit this page to check out accommodations in Bali that have been CHSE (Cleanliness, Health, Safety, and Environmental Sustainability) certified.

After you have completed your quarantine, remember to always comply with the health protocols while enjoying Bali tourism again, by keeping necessary habits such as keeping your distance, wearing a mask in public places, and washing hands regularly. Keep yourself updated with the latest information about traveling regulations in Bali by checking out this page.


Article source : https://www.indonesia.travel/id/en/news/latest-travel-regulations-to-enter-bali

*Disclaimer : This article was updated on December 3rd, 2021. Due to the dynamic nature of travel regulations, please stay updated and confirm your itinerary with your chosen travel providers.

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G20 success will open investment opportunities for Indonesia: official https://invest-islands.com/g20-success-will-open-investment-opportunities-for-indonesia-official/ https://invest-islands.com/g20-success-will-open-investment-opportunities-for-indonesia-official/#respond Tue, 14 Dec 2021 03:22:30 +0000 https://invest-islands.com/?p=18868 “There is a clear impression that Indonesia is capable of holding the presidency. “ The successful holding of the G20 Summit, which will feature 150 side events in 20 cities that are expected to draw many foreign participants, will open investment opportunities in Indonesia and improve people’s economy and welfare. Head of the communication bureau […]

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G20 Indonesia
Head of the communication bureau of the Coordinating Ministry for Maritime Affairs and Investment, Andreas Dipi Patria.

There is a clear impression that Indonesia is capable of holding the presidency.

The successful holding of the G20 Summit, which will feature 150 side events in 20 cities that are expected to draw many foreign participants, will open investment opportunities in Indonesia and improve people’s economy and welfare.

Head of the communication bureau of the Coordinating Ministry for Maritime Affairs and Investment, Andreas Dipi Patria, made the remarks at a virtual discussion broadcast from here on Monday.

“It is our opportunity to not only promote our tourism sector. We also must show them that we are ready to be a nice place to invest,” he said.

He further said he expected the tourism and investment sectors to create many jobs for the community and have a multiplier effect on national economic growth.

Read more : Pandemic Is A Chance For Economic Transformation: President Jokowi

It is predicted that at least 33 thousand workers are needed to implement the 150 side events, he pointed out.

Thus, Indonesia’s 2022 G20 Presidency will not only have an impact on Bali — the location of the main summit — but also on other regions, he added.

“Thus, it is a momentum for our economy to recover after declining in the last two years due to the pandemic,” Patria stated.

At the same discussion, Bali Governor I Wayan Koster informed that the first meeting of the 2022 G20 Summit series had been held in Bali last week.

It was reported that the participants gave a good response regarding the meeting, he noted.

“There is a clear impression that Indonesia is capable of holding the presidency. It seems that the Financial Track Meeting, which was initially planned to be held in Jakarta, is also going to be implemented in Bali,” the governor said.

According to President Joko Widodo’s directives, as the first developing country and also the first nation in Southeast Asia to hold the G20 Presidency, Indonesia must make a great impression, he added.

“The President has emphasized that there must be something new about the meetings, not just implementing the ordinary ones. There must be new experiences about them,” he said.

Thus, he promised to provide a more supportive atmosphere for the upcoming meetings in Bali.


Article source : https://en.antaranews.com/news/204349/g20-success-will-open-investment-opportunities-for-indonesia-official

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Pandemic is a chance for economic transformation: President Jokowi https://invest-islands.com/pandemic-is-a-chance-for-economic-transformation-president-jokowi/ https://invest-islands.com/pandemic-is-a-chance-for-economic-transformation-president-jokowi/#respond Tue, 07 Dec 2021 06:48:53 +0000 https://invest-islands.com/?p=18836 The COVID-19 pandemic must be used as an opportunity to fundamentally transform the economy to create resilience, President Joko Widodo (Jokowi) said. “Everyone must have that desire so that our economic resilience exists because this pandemic also gives us an opportunity to (rise),” he remarked in Denpasar, Bali, on Friday. He further said that he understood the […]

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Pandemic on Indonesia economic
President Jokowidodo

The COVID-19 pandemic must be used as an opportunity to fundamentally transform the economy to create resilience, President Joko Widodo (Jokowi) said.

“Everyone must have that desire so that our economic resilience exists because this pandemic also gives us an opportunity to (rise),” he remarked in Denpasar, Bali, on Friday.

He further said that he understood the decline in Bali’s economic sector was caused by pandemic disruptions. Therefore, he urged his staff to introspect as well as find ways to transform the economy fundamentally, President Jokowi said.

“Bali’s economy experienced the (biggest) contraction compared to other provinces because indeed the tourism sector that Bali relies on is the sector that was the first to be affected and the sector that was the last to recover,” he noted.

Read more : Jokowi Says COVID Shouldn’t Hinder Indonesia Structural Reforms

There are three things that need attention in terms of economic transformation, he said. First, it is necessary to increase the diversification of the economy so that it does not depend on only one sector, he underlined.

“In the contrast with the tourism sector, which suffered a very big blow, the agricultural sector was actually able to survive. It even grew positively compared to other sectors. Details such as these must be known by everyone, and all of us must understand what we have to do,” Jokowi said.

Second, the tourism paradigm and governance must prioritize health and safety. The President revealed that tourism will change completely amid the pandemic because people will prioritize those two things.

“Tourists will definitely avoid crowds and frequent close contact because, after all, tourists must be assured that their pleasure in traveling is guaranteed, their health is guaranteed, and they are not infected with the virus,” he elaborated.

Third, tourism in Bali must transform from mass tourism to green tourism that is social, cultural, and environmental-based and follows the values and philosophy of Balinese local wisdom that can build harmony and glorify nature, President Jokowi said.

“We must continue the spirit to glorify nature, humans, and culture to welcome the future and we have a strong commitment to implementing a green economy,” he added.

He was accompanied by Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, State Secretary Minister Pratikno, Health Minister Budi Gunadi Sadikin, National Development Planning Minister Suharso Monoarfa, Communication and Information Technology Minister Johnny G. Plate, Investment Minister Bahlil Lahadalia, Danish Ambassador to Indonesia, Lars Bo Larsen, and Bali Governor Wayan Koster during the visit.


Article source : https://en.antaranews.com/news/202729/pandemic-is-a-chance-for-economic-transformation-president-jokowi

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Mandalika WSBK Event Helped Boost Local Economy : Sandiaga Uno https://invest-islands.com/mandalika-wsbk-event-helped-boost-local-economy-sandiaga-uno/ https://invest-islands.com/mandalika-wsbk-event-helped-boost-local-economy-sandiaga-uno/#respond Thu, 02 Dec 2021 07:12:21 +0000 https://invest-islands.com/?p=18797 Minister of Tourism and Creative Economy, Sandiaga Uno, has said that the recently-concluded 2021 World Superbike (WSBK) event in Mandalika, West Nusa Tenggara, helped boost the local economy. “The ministry lauds all parties who partook in the effort to ensure the 2021 World Superbike event was successfully organized with no disruptions, and residents also enjoyed […]

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Kuta mandalika
Kuta Mandalika

Minister of Tourism and Creative Economy, Sandiaga Uno, has said that the recently-concluded 2021 World Superbike (WSBK) event in Mandalika, West Nusa Tenggara, helped boost the local economy.

“The ministry lauds all parties who partook in the effort to ensure the 2021 World Superbike event was successfully organized with no disruptions, and residents also enjoyed this international event,” Uno stated during a press briefing on Monday.

The Indonesia Tourism Development Corporation (ITDC) has reported that the WSBK event has created a multiplier effect that has augmented Lombok Island’s economy, the minister said.

According to the corporation, one local transportation company recorded Rp70 million in revenue by early November 2021 compared to just Rp10–15 million before the event, Sandiaga Uno noted.

ITDC also recorded a 95-percent occupancy rate in the hospitality industry during the event compared to just 15 percent prior to the event, he added.

“Revenue for local hotels also increased 85 percent, compared to the maximum 15 percent reached before the WSBK,” the minister pointed out.

The WSBK event also provided a golden opportunity to local MSMEs (micro, small, and medium enterprises), particularly food and beverage enterprises, and they benefited from the event, Sandiaga Uno highlighted.

Read more : Jokowi’s Visit To Mandalika Will Trigger Growth For The NTB Tourism

The event also absorbed 1,475 workers from six villages around Mandalika, he added.

“The local workforces partook as marshals and crew in COVID-19 safety, medical, event, crowd control, documentation, hygiene, ticket, transportation, and waste management teams,” the minister informed.

The WSBK event also increased Central Lombok district’s regional original revenues, with the entertainment tax revenue increasing by 15 percent, parking retribution by 30 percent, and restaurant and hotel tax by 15 percent, he said.

The minister also highlighted the increase in Lombok Airport passenger arrival that recorded a daily average of 5,700 passengers during the WSBK event from November 17–23, 2021, he added.

“The passenger number is increasing by 50 percent compared with the earlier period the recorded the average daily ridership only at 3,800 passengers,” Uno stated.

Flight movement at the airport also increased by 43 percent, reaching a daily average of 53 flights during the WSBK from 37 daily flights recorded on average from November 1–16, he added.


Article source : https://en.tempo.co/read/1534072/mandalika-wsbk-event-helped-boost-local-economy-sandiaga-uno

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Indonesia hosts World Superbike finale on brand-new circuit https://invest-islands.com/indonesia-hosts-world-superbike-finale-on-brand-new-circuit/ https://invest-islands.com/indonesia-hosts-world-superbike-finale-on-brand-new-circuit/#respond Thu, 25 Nov 2021 06:33:18 +0000 https://invest-islands.com/?p=18768 MANDALIKA, Indonesia — The final Superbike World Championship round on the Indonesian tourist island of Lombok drew tens of thousands of fans on Sunday, the biggest crowd for any event in the country since the start of the coronavirus pandemic, as Toprak Razgatlioglu became the first-ever Turkish rider to win the title. Razgatlioglu, a Yamaha rider, secured […]

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Toprak Razgatlıoğlu from Yamaha team won the WSBK 2021

MANDALIKA, Indonesia — The final Superbike World Championship round on the Indonesian tourist island of Lombok drew tens of thousands of fans on Sunday, the biggest crowd for any event in the country since the start of the coronavirus pandemic, as Toprak Razgatlioglu became the first-ever Turkish rider to win the title.

Razgatlioglu, a Yamaha rider, secured the WorldSBK championship after finishing second behind six-time world champion Jonathan Rea in race one at the beachside circuit. Race one and race two were both held Sunday after heavy thunderstorms on Saturday had forced race one to be rescheduled.

In the final race, Razgatlioglu held a comfortable lead of 30 points over the reigning champion Rea, a Kawasaki rider. His win makes him the first rider to beat Rea for the WorldSBK title since 2015.

The crowd at the newly built Pertamina Mandalika International Street Circuit surpassed 20,000 on the final day on Sunday and about 15,000 during a free practice session on Friday, said Cahyadi Wanda, the vice president director of the Mandalika Grand Prix Association.

The new 4.3-kilometer (2.6 miles) circuit, inaugurated by President Joko Widodo last week, has 17 corners and 40 garages and a 507-meter start-to-finish straight. The grandstand can accommodate up to 50,000 people and the total capacity is 200,000.

The world championship was Indonesia’s first big international motorbike race in more than two decades in what authorities said was being eyed as a launchpad for the revival of tourism in one of the country’s most popular destinations.

Only fully vaccinated spectators or those with negative COVID-19 tests were allowed into the circuit.

Indonesia was one of Asia’s hardest-hit countries by the pandemic. Its COVID-19 caseload, which peaked around 56,000 daily cases in July, has declined considerably, with around 500 cases a day in the past week.

MotoGP is one of Indonesia’s most-watched sports but it has been 24 years since the country hosted a MotoGP round in West Java’s Sentul city.

Read more : The Mandalika Street Circuit In Lombok: 2021-2022 Season Ready-Set-And-Go

A much-awaited MotoGP race will be held in Mandalika next March as the second Grand Prix of the 2022 season.

Indonesia has been seeking inclusion in the race calendar but struggled to get a world-class circuit until Widodo’s administration in 2015 picked Mandalika on the picturesque Lombok island, next to Bali, to build a new racing track from scratch.

Like Bali, Lombok is known for its pristine beaches and mountains.

The sports cluster project, which measures 130 hectares and includes hotels and other facilities, is located in the Mandalika special economic zone. It is part of a $3 billion central government-backed economic development program, from which $1 billion was allocated to building the race track to support local tourism and accelerate development in the eastern part of the country.


Article source : https://www.washingtonpost.com/sports/indonesia-hosts-world-superbike-finale-on-brand-new-circuit/2021/11/21/a9238312-4aa6-11ec-beca-3cc7103bd814_story.html

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Indonesia, Singapore Agree to Reopen Borders https://invest-islands.com/indonesia-singapore-agree-to-reopen-borders/ https://invest-islands.com/indonesia-singapore-agree-to-reopen-borders/#respond Thu, 18 Nov 2021 09:02:22 +0000 https://invest-islands.com/?p=18739 Indonesia and Singapore have agreed to reopen their borders for fully vaccinated travelers starting later this month. Foreign Minister Retno Marsudi said she visited Singapore on Tuesday to discuss details of the vaccinated travel lane with her Singaporean counterpart Vivian Balakrishnan. “@VivianBala and I discussed in detail the implementation of unilateral Vaccine Travel Arrangement #VTL […]

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Indonesia Singapore agree reopen borders
Sumba island, Indonesia

Indonesia and Singapore have agreed to reopen their borders for fully vaccinated travelers starting later this month.

Foreign Minister Retno Marsudi said she visited Singapore on Tuesday to discuss details of the vaccinated travel lane with her Singaporean counterpart Vivian Balakrishnan.

“@VivianBala and I discussed in detail the implementation of unilateral Vaccine Travel Arrangement #VTL for travelers from Indonesia to Singapore, which will start on 29 November 2021,” she tweeted.

Indonesia Singapore agree reopen borders
Mentalak island, Indonesia

Read more : Update: Indonesia’s Latest International Travel Rules

The move came a week after Indonesia and Malaysia reached a similar agreement during a visit by Malaysian Prime Minister Ismail Sabri Yaakob. The Indonesia-Malaysia travel corridor arrangement will be implemented in stages, covering Kuala Lumpur, Jakarta, and Bali at the initial phase.

Indonesia has so far reopened borders with 19 countries on a reciprocal basis.

Singapore meanwhile said it will launch the vaccinated travel lanes for Finland, Indonesia, Malaysia, and Sweden from 29 November and for Qatar, Saudi Arabia, and the United Arab Emirates from 6 December.

“We also intend to launch a VTL for India for entry into Singapore from 29 November 2021 and will open VTP [vaccinated travel pass] applications from 22 November 2021,” the country’s Immigration and Checkpoints Authority (ICA) said in a statement.


Article source : https://jakartaglobe.id/news/indonesia-singapore-agree-to-reopen-borders

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