Friday, April 19, 2024

Tag: Leisure

Several investors from the United States include well-known names such as Marriott Group, MasterCard, and other major US companies have expressed their interest in developing green tourism projects in Indonesia. […]
Traveloka, officially joined the United Nations World Tourism Organization (UNWTO), making it the only Southeast Asian travel platform to be a member of the organization. […]
The Indonesian government the government is preparing the legal framework and plans to issue the Golden Visa policy in the near future. The program is expected to attract investments. […]
The Indonesian government has decided to implement stringent requirements for investor visa. The decision was made following recent cases of visa fraud and violations. […]
Bali provincial government is planning to implement a foreign tourist quota to tackle problematic foreign tourists. This plan, however, may lead to new dilemmas related to occupancy rate. […]
Indonesia and China have reached an agreement on the cost overrun for the Jakarta-Bandung High Speed Train (KCJB) project of US$ 1.2 billion, or IDR 18.24 trillion, from the previous estimation of IDR 113 trillion to IDR 131 trillion. […]
Real estate company PT Intiland Development Tbk (DILD) allocates IDR 1 trillion Capital expenditure (Capex) for the development of residential projects in the country’s two major cities of Jakarta and Surabaya. […]
PT Indonesian Paradise Property Tbk (INPP) is preparing a capital expenditure (Capex) of IDR 800 billion (US$ 53.44 million) for 2023 to build six new projects in Jakarta and other cities. The company also eyes a 20%-30% growth in revenue this year. […]
The global aviation industry has seen an increasing trend thanks to the presence of budget airlines and the increasing number of passengers in recent years. The industry, however, was hit hard by the COVID-19 pandemic when governments worldwide imposed restrictions to their borders. In 2022, however, the number of passengers in Indonesia has seen a rebound and the forecast for […]
As 86.7% of the country’s population is registered Muslim, the halal market trends in Indonesia tends to increase significantly, especially these past 10 years. The country is now known as the world’s largest domestic halal economy market. The most potential halal products are food, beverages, Muslim clothing, cosmetics, and halal tourism. […]
PT Indonesian Paradise Property Tbk (INPP) sets its Capital expenditure (Capex) to IDR 1 trillion for the year 2023. Its Capex will be used to continue its 7 ongoing projects, despite a threat of global recession. […]
Riau Islands administration is offering potential tourism investments to Turkish investors, especially in the eco-tourism sector. The province is known for its high tourism potential, strategic location and beautiful scenery. […]
Indonesia, Malaysia, and Thailand to continue their cooperation in the economic sector through the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) through the Ministerial Meeting in Phuket Thailand on 15-16 September 2022. Focusing on infrastructure and tourism, MoUs were signed, and several agreements were ratified in the meeting. […]
Magelang regency has been expanding its tourism sector by developing the Transito Hotel and Convention Borobudur since 2020 with an investment worth IDR 298.52 billion, according to the Investment Coordinating Board (BKPM). […]
The Tanjung Lesung Special Economic Zone (SEZ or KEK in Indonesian language) hosts an eco-luxury 5-star hotel worth IDR1.75 trillion. Established in 2021, the hotel in Pandeglang regency, Banten, is one of the Investment Coordinating Board (BKPM)’s 47 investment projects. […]
The West Bangka Regency is developing Batu Rakit Beach in Mentok District, West Bangka Regency, Bangka-Belitung Province since 2021 worth IDR14.14 billion. […]
Central Bangka regency is developing Kulong Biru, or more popularly known as Kaolin Lake, which was originally an abandoned tin ore mining. The tourism site is located in Koba district, Central Bangka regency, Bangka Belitung province. The project began in 2021 and worth IDR9.59 billion. […]
The Central Bangka regency has been developing the Tanjung Gunung Special Economic Zone (KEK) to provide tourism facilities in the region worth IDR17.99 billion in 2019. The project is part of the Investment Coordinating Board (BKPM)’s 47 potential regional investment projects. […]
The Investment Coordinating Board (BKPM) has been working on developing tourism in small islands in Lepar Pongok district, South Bangka regency, with an investment of IDR41.36 billion. Starting in 2021, this project is one of BKPM’s 47 potential regional investments. […]
Bangka Belitung is building a 4-star resort and convention center worth IDR307.32 billion in Sungai Liat, Bangka regency with the help from the Investment Coordinating Board (BKPM). The location will have rich natural resources for ecotourism project. […]
The province of Bangka Belitung is developing an eco-tourism in the mangrove area around Bunting river in Belinyu, Bangka. The project was established in 2021 with an investment worth IDR11.78 billion to develop eco-tourism in the region. […]
BKPM recently 2021 had established an investment worth IDR10.2 billion to develop the Pasir Padi Beach region in Pangkalpinang. The region is known to have a uniqueness of its beach spanning 2Km wide. […]
Natuna Island boast a lot of natural resources, and it is situated within the South China Sea. There are numerous challenges in the security of the region due to ongoing Chinese provocations requesting Indonesia to stop its activities in its waters. As part of the nine-dash line, Beijing sees the area as their own. As a consequence of this dispute, […]
The Anambas Islands boast a lot of high potentials that have not been fully tapped by Indonesia, it contains a lot of wealth of natural resources and investment opportunities. The island contains Oil and Gas that are abundant in the area, which is managed by foreign and domestic companies. On other sectors, there are opportunities in the fisheries where 98.65% […]
Honorary titles become less and less popular. Being addressed with those titles is also seen as a snobbish act. The abolition of honorary titles has made interactions a lot simpler and avoiding embarrassment when the incorrect title was used. […]