US Investments in Indonesia Reaches $67 Billion, Reflecting Positive Collaboration
US investments in Indonesia between 2014 and 2023 reached $67 billion, creating an economic impact of $130 billion. This achievement underscores the positive and robust relationship between the two countries and demonstrates the direct connection between high-quality, transparent private sector investments and Indonesia’s steadily growing economic prosperity, as reported by Antara. US Ambassador to Indonesia,
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Indonesia’s Christmas and New Year Holidays Drive Economic Growth
Foreign tourists will fuel significant economic growth during Indonesia’s Christmas and New Year Holidays. Authorities predict that 2.1 million international visitors will generate an impressive Rp 2.9 trillion in revenue. This surge in tourism revitalizes local economies and accelerates the recovery of Indonesia’s tourism industry as it bounces back from pandemic challenges. With the
The post Indonesia’s Christmas and New Year Holidays Drive Economic Growth appeared first on Expat Indonesia.
Indonesia Pressures Apple on Investment Proposal
Local newswires, including Jakarta Globe, are reporting that Indonesia’s Industry Minister, Agus Gumiwang Kartasasmita, will summon Apple for negotiations on its unfulfilled USD 10 million investment commitment (approximately IDR 157 billion) for 2023 and its most recent USD 100 million proposal for 2024 to 2026. The talks aim to ensure compliance with domestic investment and local
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