Eco-Conscious Travel Redefined by Indonesian Travelers
A recent SiteMinder report highlights how Indonesian travelers are leading the way in eco-conscious travel, setting global benchmarks in sustainable tourism. Nearly 95% of these travelers are ready to spend more for environmentally friendly accommodations. Furthermore, the report, which surveyed over 12,000 respondents across 14 major tourism markets, including Indonesia, underscores the country’s growing commitment
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Indonesia Growth Strategies Focus on 3 Sectors to Attract Investment
JAKARTA – Deputy Minister of Investment and Downstream Industry, Todotua Pasaribu, acknowledged that meeting President Prabowo Subianto’s 8% economic growth target is a significant challenge for the government. However, he emphasized that it remains an attainable goal with the right strategies in place. Todotua highlighted three key areas to drive growth. The first focus is
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OJK Crypto Regulation 2025: New Oversight Rules Explained
Starting January 12, 2025, the new OJK Crypto Regulation will officially take effect, marking a significant shift in how cryptocurrency is managed in Indonesia. The OJK will assume responsibility for overseeing the crypto market, replacing Bappebti’s role, as part of a broader effort to strengthen digital asset regulations. Mandated by the Financial Sector Development
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Apple Proposes Investing USD 100 million in Indonesia
Apple has committed to investing USD 100 million (approximately IDR 1.57 trillion) in Indonesia to address the government’s ban on the iPhone 16, according to reports by Bloomberg and GSM Arena. This investment is a significant increase from the company’s previous pledge of USD 10 million (IDR 156.8 billion), according to reporting from Jakarta Globe. The initial USD
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Bank Indonesia Keeps Benchmark Rate at 6 percent
Tempo is reporting that Bank Indonesia’s (BI) Governor, Perry Warjiyo said in a press briefing on the results of the Board of Governors (RDG) meeting held at the BI office on Wednesday (20/11/24,) announced that the benchmark interest rate or BI rate would remain at 6 percent. The central bank also decided to maintain the deposit
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