Golden Visa

  Golden VisaOnce again, the mark has been missed.  

Glad your back!

I’m glad to see the Bali expat forum up and running again. I hope it continues. Thanks!

Minister: SOEs’ Market Valuation Reaches USD 143-Billion

Speaking at a hearing with the House of Representatives’ Commission VI, which oversees State-Owned Enterprises (SOEs,) SOE Minister Erick Thohir announced on Thursday (14/09/23) that Indonesian SOEs are in overall robust financial health, with a combined market valuation surging to IDR 2,200-trillion (USD 143-billion) from last year’s IDR 1,700-trillion, according to reporting from Jakarta Globe.
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Pakuwon and Marriott to Develop Luxury Hotels in IKN

Tempo are reporting that PT Pakuwon Jati Tbk in cooperation with Marriott International is set to develop three luxury hotels; Westin, Four Points, and Tribute Portfolio in the new capital of Nusantara (IKN.) Pakuwon and Marriott International inked the agreement to develop the hotels in Jakarta on Wednesday (13/09/23.) The partnership is a follow-up to
The post Pakuwon and Marriott to Develop Luxury Hotels in IKN appeared first on Invest Indonesia.

Bappenas Targets Lower Logistics Costs

Speaking at the “New Era of Logistics Costs for Golden Indonesia 2045″ event held in Jakarta on Thursday (14/09/23), Indonesia’s National Development Planning Minister and head of the National Development Planning Agency (Bappenas) Suharso Monoarfa said that Indonesia is targeting to lower logistics costs to nine percent of the national gross domestic product (GDP) by 2045,
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Jokowi: 161-Strategic Projects Absorb 11-Million Workers

Speaking at the opening of the Sewindu PSN at The Kasablanka Hall, South Jakarta, on Wednesday (13/09/23), President Joko Jokowi said the government has completed 161-national strategic projects (PSN) in the past eight years, which absorbed at least 11-million workers, according to reporting from Tempo. Jokowi cited data from the International Institute for Management Development which
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Stanford to Build Sustainability School in Nusantara

Stanford University have signed a Letter of Intent (LoI) with the Nusantara Capital City Authority (OIKN) to build its school of sustainability in the new capital city, called Stanford Doerr School of Sustainability, according to reporting from Antara News. OIKN’s Deputy for Financing and Investment, Agung Wicaksono said this would be a breakthrough in the
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2023 – 2024 Tourism and Creative Economy Outlook Released

Antara News are reporting that Indonesia’s Ministry of Tourism and Creative Economy has released the ‘2023–2024 Tourism and Creative Economy Outlook,’ which contains comprehensive information on the latest developments in the tourism and creative economy sector. Sandiaga Uno, Indonesia’s Tourism and Creative Economy Minister said the newly launched outlook could be used as a guide by
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Candi Dasa cliff resort protest

Thousands of locals are mad and want to halt a new cliff resort development (Neano resort next to Candi Dasa) infringing on a Pura and “sacred” area. The locals broke into the construction site and caused damage for a couple of Milyar for good measure. There are temples on every extreme cliff to protect the […]