Starting a Business in Indonesia: Tourism in Bali vs Lombok
Outlook of Bali Tourism Sector Travel enthusiasts and business people around the world either have Bali on their bucket list of travel or have already aimed at the island for starting…
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Indonesia’s Jokowi doubles wealth fund goal to US$200 billion
The fund, known as the Indonesia Investment Authority, allows investors to place money in sub-funds spanning infrastructure, health care, tourism, technology and the new capital cityPresident Joko Widodo is also…
Indonesia’s economy is about to reach its Golden moment
Indonesia, an emerging middle-income country, is already the world's 16th largest economy by gross domestic product and the 10th strongest in terms of purchasing power parity, and a member of the G-20.…
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The “Nomadic Escape” in Indonesia | new spots to spice up tourism
In a bid to boost tourism in North Sumatra's Lake Toba province, the Indonesian government has opened a "nomadic escape" destination which boasts unparalleled views of the areas scenic and…
Indonesia to open more investment opportunities for foreign universities and hospitals
The chairman of the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal or "BKPM"), Thomas Lembong, said on February 13, 2019, that the government was considering changes to the foreign capital…
Joko Widodo encourages regions to promote and enact open investment climate in Indonesia
President Joko “Jokowi” Widodo recently said that throughout his presidency he had met with countless investors who had expressed an interest in investing in Indonesia. However, most of them disappeared…
Germany and Indonesia | An analysis on the relationship between economic giants
German investment in the ten member states of the Association of Southeast Asian Nations (ASEAN) has been increasing steadily and has the potential to grow further in the coming years.…
New online single submission system (OSS) for Businesses 2019: What is it, and how does it work?
Investment chart Next week, Indonesia's Investment Coordinating Board (BKPM) plans to launch an upgraded version of its Online Single Submission (OSS) system. The OSS system is a web-based business licensing…
Industry leaders discuss Taiwanese investment in Indonesia and Philippines
In order to better understand investment practices in Indonesia and the Philippines, Taiwan Ministry of Economic Affairs’ Investment Commission held a seminar yesterday (Oct. 29) inviting experts to share their…
The Nomadic tourism in Indonesia to attract the Millennials’ generation – What is it and Why it matters?
The Tourism Ministry has created a campaign to attract backpackers or budget travellers with a plan so-called "nomadic tourism in Indonesia" Speaking at the fourth ASEAN Marketing Summit in Jakarta,…