Category: News

Amidst Slowing Economy, Indonesia’s Tourism Sector Prepares to Take on Foreign Investment

Facing an economic slowdown, the Indonesian government is set to revamp laws on foreign ownership in certain sectors, starting with tourism investments. To many...

Tourism: Discrepancies between Central Bureau of Statistics and the Government

Despite the Central Bureau of Statistics’ (Badan Pusat Statistik – BPS) latest report suggesting a decline in the number of visits by foreign tourists to...

Op-Ed: Despite Fear Mongering Media, Indonesia Responds Healthily to Terrorism

During violent attacks on 14 January in Jakarta, the media grossly misreported the facts. It was sloppy and irresponsible, as fear mongering is the definition of...

China’s Economic Slowdown Stifles Local Trade and the Rupiah

China’s economic slowdown has affected trade in Indonesia and the value of the rupiah. The archipelago could be set for another tough year. China’s economic turmoil...

Manpower Minister Dhakiri Remains Positive on the Coming ASEAN Economic Community Despite Growing Concerns Amongst Indonesians

As per 1 January 2016, the 10 members of the Association of Southeast Asian Nations join forces in the coming economic integration, ASEAN Economic Community (AEC)....

Jokowi Signs New Government Regulations on Foreign Property Ownership

In December, President Joko Widodo signed a Government Regulation (Peraturan Pemerintah, PP) on foreign home ownership in Indonesia. The president’s decision to sign...

EU High Representative Mogherini and Indonesian Foreign Minister Marsudi discuss tensions between Iran and Saudi Arabia

The High Representative/Vice-President Federica Mogherini spoke this morning with the Foreign Minister of Indonesia, Retno Marsudi, to discuss the current tension...

Indonesia Foils Year-End Terror Attack But Must Remain Cautious

Indonesia managed to foil a terrorist attack over the holiday season, but it must step up surveillance, and adopt more sophisticated and comprehensive countermeasures to...

Indonesia’s dollar millionaires to reach 151,000 by 2020

The number of dollar millionaires in Indonesia is projected to rise by more than half over the next five years as growth in emerging markets is expected to remain robust...

2015

2015 at a Glance: the Good, the Bad and the Shocking

2015 was pivotal for Indonesia in many ways, and it’s important to take stock of the 12 months that have passed. We’ve taken the liberty of compiling a list of key...

Mama Wants Credit, Papa Wants Shares

Police have finally busted one of the most common text message scams in the book; meanwhile, the country’s biggest corruption scandal could just be swept under the...

Cyber Attacks on Southeast Asian Organizations on the Rise

FireEye, Inc. (NASDAQ: FEYE) and Singapore Telecommunications Limited (Singtel) on 19 November released a new report on advanced cyber attacks against organizations...

Indonesia Urged to Be More Vigilant Following ISIS Attacks

Following ISIS terror attacks in Paris, Indonesian officials have been urged to step up the nation’s counter-terrorism measures, as the country remains at risk. The...

Amid Rupiah Surge, Drop In Reserves Shows Indonesian Fragility

  Last month’s drop in Bank Indonesia’s foreign-exchange reserves, even as the rupiah led emerging markets to surge 7 percent, highlights vulnerability in the...

Education Guide 2017

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