Indonesia’s Middle Class: Economic Challenges
JAKARTA – Recent data from Indonesia’s Central Statistics Agency (BPS) has highlighted a significant contraction in the country’s middle class, with an estimated 9.5 million people falling out of this socioeconomic bracket since 2019. This decline is attributed to a … Continue reading Indonesia’s Middle Class: Economic Challenges
Nusantara: Dawn for Indonesia’s new Capital
JAKARTA/NUSANTARA – The ambitious project to relocate Indonesia’s capital from the congested city of Jakarta to the new, purpose-built city of Nusantara is nearing its final stages. Despite a series of financial and political hurdles, including delays and a lack … Continue reading Nusantara: Dawn for Indonesia’s new Capital
Indonesia: SGi receives Leonardo AW09 Helicopter
JAKARTA – In a significant move to bolster its aerial service capabilities, SGi, Indonesia’s premier helicopter service provider, has announced a landmark acquisition of ten state-of-the-art Leonardo AW09 helicopters. The deal, inked at the prestigious Bali Air Show 2024, marks … Continue reading Indonesia: SGi receives Leonardo AW09 Helicopter
Thailand Intensifies Tourism Outreach to Indonesians
BANGKOK – In a strategic move to bolster tourism, the Tourism Authority of Thailand (TAT) has launched the “Amazing Thailand Road Show to Indonesia 2024,” targeting key Indonesian cities: Medan, Jakarta, and Bali. This initiative is part of a broader … Continue reading Thailand Intensifies Tourism Outreach to Indonesians
Indonesia’s VAT Increase: Challenges and Opportunities
JAKARTA – As Indonesia gears up for a significant shift in its tax landscape with the Value Added Tax (VAT) rate set to rise from 11% to 12% in January 2025, businesses are bracing for the impact this change will … Continue reading Indonesia’s VAT Increase: Challenges and Opportunities
Indonesia: Independence Day in new capital city Nusantara
NUSANTARA – Indonesia stands on the brink of a significant change as the country celebrates its Independence Day in the newly proclaimed capital, Nusantara. This historic moment marks not only the relocation of the country’s administrative heart, but also the … Continue reading Indonesia: Independence Day in new capital city Nusantara
Indonesia’s Golden Opportunity: New Visa for Investors
JAKARTA – In a bold move to bolster its economy, Indonesia has rolled out the ‘golden visa’, a strategic initiative designed to draw in global investors by offering them long-term residency. This policy, which came into effect on August 30, … Continue reading Indonesia’s Golden Opportunity: New Visa for Investors
Travel Meet Asia 2024 Concludes with 80% growth
JAKARTA – Travel Meet Asia 2024 organized from 3-4 July at the Indonesia Convention Exhibition (ICE) in Jakarta has developed into a comprehensive 2-days travel trade show and convention, connecting Southeast Asia’s expanding travel market to global opportunities. The sold-out … Continue reading Travel Meet Asia 2024 Concludes with 80% growth
ASEAN Embraces AI: Survey Reveals Optimism
JAKARTA – In a groundbreaking survey, the ASEAN region has demonstrated a robust commitment to integrating Artificial Intelligence (AI) within its various sectors, signaling a transformative shift in the technological landscape. The ASEAN Ministerial Meeting on Science, Technology and Innovation … Continue reading ASEAN Embraces AI: Survey Reveals Optimism
Indonesia: Devastating Attack on country’s data centers
JAKARTA – In a decisive response to the recent ransomware attack that left Indonesia’s digital infrastructure in disarray, President Joko Widodo has mandated a thorough audit of all government data centers. The cyberattack, which is being described as the most … Continue reading Indonesia: Devastating Attack on country’s data centers