New Process For Sports, Music and Arts Visas to be Trialed

Indonesia will trial a more streamlined and simplified process to issue sports visas and music and arts visas intended for foreigners for sports activities, as well as music and arts performances, according to a press release issued by the Directorate General of Immigration. “We are simplifying the visa requirements for sports and music and arts
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BI to Hold Rates at 5.75-Percent For Rest of 2023

Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75-percent for the rest of the year to maintain the stability of the Indonesian rupiah, similar to most of its Asian peers, as inflation continues to ease, a Reuters poll found. Inflation, at 3.27-percent in August, has stayed below the central bank’s 2 to 4-percent
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