Next week Indonesia's financial and stock markets are closed for Idul Fitri (also known as Lebaran or Eid al-Fitr), the celebrations that mark the end of the holy Islamic fasting month (Ramadan). As usual, during the Ramadan month (that started in early June) business activities in Indonesia start to slow and this slowdown will reach its "peak" during the Idul Fitri holiday, a national holiday (from Monday 4 July to Friday 8 July) when some 17.6 million Indonesians who live and work in the bigger cities will return to their places of origin for a couple of days (a tradition called mudik).
Update COVID-19 in Indonesia: 115,056 confirmed infections, 5,388 deaths (4 August 2020)
5 August 2020 (closed)
USD/IDR (14,587) -36.00 -0.25%
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Jakarta Composite Index (5,127.05) +52.02 +1.03%
Seiring dengan luasnya wilayah Indonesia, negara ini ada budaya yang beragam. Jakarta, ibu kota Indonesia serta pusat politik dan ekonomi nasional, merupakan bauran budaya-budaya lokal tersebut. Mulai dari masa penjajahan, waktu kota ini dikenal sebagai Batavia, orang berdatangan dari segala penjuru Nusantara ke kota megapolitan ini demi memenuhi kebutuhan hidup. Akibatnya, Jakarta saat ini memiliki penduduk yang hampir berjumlah sepuluh juta orang (angka resmi). Jarak yang terlalu jauh dari daerah asal dan Jakarta membuat budaya-budaya bawaan perlahan memudar, terutama untuk keluarga-keluarga yang sudah selama beberapa generasi tinggal di Jakarta. Tetapi kehidupan mereka 'diperkaya' dengan budaya perkotaan yang khas.
In Indonesia media are currently not focused on the Giro d'Italia or the upcoming Tour de France but rather on the Tour de Flores, the first ever cycling race as well as the first ever international sporting event that is organized on the island of Flores in the province of East Nusa Tenggara. Between 18 and 23 May 2016, 160 competitors from 16 countries participate in the Tour de Flores competing for IDR 1 billion (approx. USD $75,000) in prize money over a 743-kilometer track (in five stages) across the island's spectacular landscape.
Ki Hajar Dewantara (also known as Raden Mas Soewardi Soerjaningrat), 1889-1959, was a writer, columnist, politician and advocator of Indonesian independence from the Dutch colonial power. However, he may be most remembered for his pioneering role in the development of education in the Indonesian colony. A native of Yogyakarta (Java), Dewantara founded the Taman Siswa school in 1922 in Yogyakarta. This school provided education for native Indonesians, whereas previously education was limited to the Dutch colonials and Javanese aristocracy.
Indonesia was visited by 6.3 million foreign tourists in the first eight months of 2015, up 2.7 percent (y/y) from the same period last year. However, foreign visitor arrivals on Bali, the most popular tourist destination in Indonesia, fell 11.3 percent (y/y) in August due to the temporary closure of Bali's Ngurah Rai international airport as Mount Raung (located in East Java) spew volcanic ash into the sky. This led to a sharp drop in Australian tourists entering Bali.