Indonesia Attracts USD 90-Billion of Investment in 2023
Speaking to reporters in Jakarta on Wednesday (24/1/24,) Indonesia’s Investment Minister, Bahlil Lahadalia, said that a total of IDR 1,418-trillion (approx. USD 90.2-billion) was invested in 2023, surpassing government targets, according to the Jakarta Globe. President Jokowi wanted the country to generate IDR 1,400-trillion in combined investment last year. Data shows that investments coming from
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Govt. Employment Program Gets IDR 4.8-Trillion Funding
According to reporting from Jakarta Globe the Indonesian government has earmarked IDR 4.8-trillion (approx. USD 305.86-million) in 2024 to enrol an additional 1.2-million participants in the Kartu Prakerja (pre-employment card) program. Chief Economic Minister Airlangga Hartarto said that since its launch in April 2020, the program, which is aimed at training the unemployed, has successfully reached 17.5-million
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Indonesia’s Digital Infrastructure to be Updated
Telstra International and Trans Pacific Networks (TPN) are collaborating to build the first subsea cable connecting Indonesia and Singapore to the United States, according to reporting from Jakarta Globe. The Echo cable will link California, Jakarta, Singapore, and Guam, providing important connectivity in Southeast Asia. Aaaron Knapik, Trans Pacific Networks CFO said in a statement
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New Tourist Tax Starts on February 14
Tempo is reporting that the Bali Provincial Government has decided to introduce an international tourism tax, beginning February 14, that will require foreign tourists to pay a one-time fee of IDR 150,000 (approx. USD 10), in addition to the visa fee, when arriving in Bali. The regional tourism businesses have called for transparency in the
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OIKN Invites the University of Seoul to Become a Knowledge Partner
The Nusantara Capital City Authority (OIKN) has invited the University of Seoul, South Korea, to become one of its knowledge partners to improve the quality of human resources in the future capital city, according to reporting from Tempo. “We welcome all national and international universities to join us as knowledge partners,” said Mohammed Ali Berawi,
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