Indonesia and UK to Boost Economic Recovery With Stronger Agricultural Trade and Investment Opportunities Both countries focus on solidarity and collaboration via transparency, inclusiveness, and international cooperation. Indonesia’s Minister of Foreign Affairs and the UK’s Foreign Secretary have reached an agricultural trade and investment understanding. The two dignitaries met in Jakarta at the 3rd Indonesia…
Details
Government Has Identified Five New Priority Tourist Destinations Indonesia’s Government is preparing to spend Rp 4.01 trillion (US$275.15 million) in 2021 in five areas (the five new Balis) that have been identified as priority tourist destinations. Indonesia’s Public Works and Housing Ministry (PUPR) says roads, clean and raw water supply, residential improvements, sanitation, and waste…
Details
Indonesia and Turkey Push for Digital Economic Cooperation Indonesia believes that the digital economy is the solution to the global economic crisis at the Bosphorus Summit because of the cross-border economy it can facilitate. With the support of a good ecosystem, a spillover into the non-digital economic sector is possible. The COVID-19 pandemic caused an…
Details
Facilities Constructed to Aid in Recovery of Tourism Sector The Indonesian Government has completed the construction of 263 new Tourism Accommodation Facilities. This was done by the Public Works and Public Housing Ministry. The 263 Tourism Accommodation Facilities are located in the Manado-Likupang area which is a high priority destination located in North Sulawesi. The…
Details
Government to Continue Stimulus Support to Aid the Sector Affected by COVID-19 Tourism has been battered by the COVID-19 pandemic, thus the Government plans to continue the Indonesia Stimulus Program to help drive recovery. Tourism is one of the most affected areas in Indonesia because of COVID-19. Hence the need for the ongoing special stimulus…
Details
Safeguarding the Economy Through a Dynamic Policy Mix Indonesia is on the road to recovery, thanks to the strong coordination between the Indonesia Government and Bank Indonesia (BI) that provides much-needed support to affected sectors in the economy. The coordinated policy has aided and provided support to businesses and households. It has also helped to…
Details
Positive Outlook for Indonesia Economy Despite Social Restrictions The Government is optimistic about Indonesia’s economic growth for 2021 despite the social restrictions in place. The Ministry of Home Affairs remains confident that the country can still achieve the 5% economic growth. This optimism remains intact despite the large-scale social restrictions (PSBB) that are imposed in…
Details
The QRIS System Is Part of Its Bid to Boost Cashless Payments As part of its bid to boost the system of cashless payments in the country, Bank Indonesia (BI) aims to double the use of its Quick Response Indonesia Standard (QRIS) System. BI is hoping that this approach will help to speed up the…
Details
UNTWO to Reopen Tourism in Bali, Indonesia Across Borders The World Tourism Organization (UNTWO) is ready to welcome international tourists in Bali, Indonesia, after the advanced collaboration with the Indonesian government and the Bali administration. According to the UNTWO Asia and Pacific director, the team had implemented high-grade health protocols devised to reopen tourism in…
Details
Indonesia to Build US$116M Vehicle Test Site to Help Indonesian Automakers Capture the SEA Market Aiming to make Indonesian automakers to be more compliant to the competitive standard of the South-East Asian (SEA) market, the Transportation Ministry projected investing 1.64 trillion rupiahs (US$116.5mil) in building a new vehicle test course. It was considered as an…
Details