Bali Gears Up for Busy Christmas and New Year Season
As the Christmas and New Year holiday season approaches, Bali is set to welcome a surge of international and domestic tourists. This festive period is expected to significantly boost hotel occupancy rates, particularly in Denpasar. The Chairman of the Indonesian Hotel and Restaurant Association (PHRI) for Denpasar, Ida Bagus Gede Sidharta Putra, revealed that current
The post Bali Gears Up for Busy Christmas and New Year Season appeared first on Expat Indonesia.
How the Negative Investment List in Indonesia Impacts Investors
The Negative Investment List in Indonesia has long served as a barrier for foreign investors looking to enter the market. However, recent revisions to this list have opened up several sectors previously restricted to foreign ownership. These changes are expected to attract more international investment, boosting Indonesia’s economic growth. With the easing of restrictions, foreign
The post How the Negative Investment List in Indonesia Impacts Investors appeared first on Invest Indonesia.
Minister: EU Desk is Open to Strengthen Cooperation
Following a meeting with members of the European Business Chamber of Commerce (EuroCham) Indonesia on Monday (9/12/24,) Indonesia’s Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani said that his ministry will open a European Union (EU) desk to improve cooperation between Indonesia and the region, according to reporting from Antara
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Govt. Urges Investors to Open More Cinemas
According to reporting from Antara News, the Indonesian Government is encouraging investors to set up cinemas in cities and districts that lack such facilities, citing the large number of movies being produced and the growing number of moviegoers as key opportunities for business growth. “Hopefully, there will be more cinemas in these areas,” Deputy Minister
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