Express Transindo Utama (TAXI), Indonesia's second largest taxi operator after the famous Blue Bird Group, is showing signs of aggressive expansion. In 2012, it became the first Indonesian taxi company ever to go public on the Indonesia Stock Exchange (IDX). It plans to expand its taxi fleet size from the current 8,000 units to over 15,000 by 2015. Regarding expected net profit in 2013, the company has mentioned a 50 percent increase from last year's IDR 79.2 (USD $8.2 million).

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Foreign tourist arrivals in Indonesia went up 14.50 percent in February compared to the same month last year, according to data published by Statistics Indonesia (BPS). In absolute numbers, this translates to more than 678 thousand foreign tourists that visited Indonesia in February. As usual, most tourists entered Indonesia through Bali (Ngurah Rai airport) or Jakarta (Soekarno-Hatta airport). Together, these airports account for over 60 percent of total foreign arrivals.

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Garuda Indonesia, Indonesia's national airline, is planning to sell bonds worth IDR 2 trillion (US $205.1 million) in Quarter II - 2013. The bonds, which are denominated in IDR rupiah, will have a five-year maturity. Proceeds of the bond issuance will be used by the company for capital expenditure (capex), which includes investments in aircrafts and working capital. The airline is currently searching for a lead underwriter through a tender.

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On Tuesday 12 March there will be no transportation possible to the island of Bali, Indonesia's most popular destination in terms of tourism. On that day Hindus celebrate Nyepi, i.e. the Day of Silence or the Hindu New Year in the Balinese Saka calendar. Bali still contains a Hindu majority population amid Indonesia's Muslim-majority population. The island's traditional Hindu culture and customs is one reason for the annual millions of foreign arrivals.

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Indonesia is a country with great tourist potential. It has beautiful and varied landscapes, rich cultures, and vibrant cities. Foreign appreciation for Indonesia's tourism sector can be concluded from the continued rising number of foreign tourists in recent years. Today, Statistics Indonesia published the official figures for 2012. According to the institution, Indonesia was visited by 8.04 million foreign tourists in 2012. Moreover, this result meant that the government target was met.

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In Indonesian media it was reported that Sandiaga Uno, who is Indonesian Minister of Tourism and Creative Economy, stated that the country managed to collect a total of USD $10.46 billion in foreign exchange earnings from the tourism industry during the first three quarters of 2023.

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Indonesia’s Statistical Agency (Badan Pusat Statistik, or BPS) announced at the start of February 2023 that it had recorded a total of 5.47 million foreign visitor arrivals in full-2022. It means Indonesia managed to achieve its foreign visitor target (quite easily) last year (which was set at the wide range of 1.8 – 3.6 million).

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As we have discussed in earlier reports and articles, the tourism industry is among the heaviest affected industries amid the COVID-19 crisis. Travel restrictions (such as mandatory COVID-19 tests and vaccines) and in some cases full travel bans set by governments across the world are discouraging people from traveling.

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Governments’ social and business restrictions (imposed in the context of preventing the further spread of COVID-19 in society) and people’s concern over the virus have damaged both the tourism and transportation industry in an unprecedented way.

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Those who live in Indonesia’s capital city of Jakarta and find themselves frequently stuck in the middle of the city’s grave traffic congestion, while their horizons are being curtailed by the capital’s tall skyscrapers may want to escape this hectic metropolitan by spending a refreshing weekend in Bogor, a city – located some 50 kilometers south of Jakarta – that is particularly known for its Presidential Palace and the botanical gardens (in Indonesian: Kebun Raya Bogor).

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Indonesia's largest food and hospitality exhibition, Food & Hotel Indonesia 2019 will kick off its 15th edition on July 24, 2019 at JIExpo Kemayoran Jakarta. Organised by Pamerindo Indonesia, this four-day biannual expo highlights the breakthroughs that are transforming Indonesia's preferences in the new concept of food and hotel industries.

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At the 50th anniversary of the Indonesian Hotels and Restaurants Association in mid-February 2019, Indonesian President Joko Widodo emphasized that the tourism industry should become the biggest industry in Indonesia in terms of foreign exchange earnings. Indonesia – a huge Archipelago that consists of more than 17.000 islands – has so much to offer to (foreign) tourists, such as beautiful beaches and countryside, flora & fauna, diving spots, wildlife, culture, culinary, historic relics as well as vibrant city life. However, so far, it fails to tap its full potential.

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The tourism industry of Indonesia is one of the most important industries in terms of the nation's foreign exchange earnings. However, compared to its neighboring countries - specifically Singapore, Malaysia and Thailand - Indonesia lags behind in terms of foreign visitor arrivals. This "failure" is partly attributed to the weak state of Indonesia's infrastructure. This includes the lack of enough airports or the lack of enough aircraft and passenger handling capacity at existing airports.

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The Indonesian government is looking for big direct investment - both domestic and domestic direct investment - in Indonesia's tourism industry in its quest to turn the tourism industry into the nation's top foreign exchange earner, hence strengthening this industry's role toward the national economy. Therefore, the government formulated ten priority tourist destinations that are regarded to have great tourism potential.

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Players in Indonesia's tourism industry are optimistic that more than 15 million foreign tourists will visit Indonesia in full-year 2017. Based on the latest data from Indonesia's Statistics Agency (BPS), a total of 5.36 million foreigners went on holiday in the world's largest Archipelago in the first five months of 2017, up 20.9 percent (y/y) from foreign visitor arrivals in the same period one year earlier.

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