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  • Indonesia Missed its 2015 Foreign Tourist Arrivals Target, or Not?

    Indonesia Missed its 2015 Foreign Tourist Arrivals Target, or Not?

    Based on the latest data from Statistics Indonesia (BPS), Indonesia only managed to welcome 9.73 million foreign tourists in 2015, hence failing to achieve the government target at 10 million foreign tourist arrivals. However, BPS also mentioned that it has developed a new counting system. According to this new system the number of people that are counted as foreign tourists in 2015 is 10.41 million, thus considerably exceeding the target set for 2015. What are the differences between these two systems?

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  • Tourism in Indonesia: Australia Gets the Visa-Free Visit Facility

    Tourism in Indonesia: Australia Gets the Visa-Free Visit Facility

    Indonesia's state news agency Antara reported on Friday (29/01) that the government of Indonesia will sign a regulation next week that allows visa-free visits for 80 additional countries, including Australia. Currently, a total of 90 countries already enjoy this visa-free facility (for trips that last a maximum of 30 days). Antara quoted the words of the country's Deputy Tourism Minister for Overseas Promotion I Gde Pitana. In 2015 the government provided this facility to an additional 45 countries in an effort to boost the tourism industry and generate more foreign exchange earnings.

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  • Tourism Indonesia: Visa-Free Visits & Impact Terrorist Attack

    Tourism Indonesia: Visa-Free Visits & Impact Terrorist Attack

    Indonesia's Tourism Minister Arief Yahya said the government plans to offer the visa-free entry facility to 84 additional countries in 2016. This facility means that foreigners from designated countries do not need to obtain a visit visa before entering Indonesian territory (for visits under 30 days). This visa-free entry facility makes it easier for foreign tourists to enter Indonesia, and therefore it should boost tourist figures and foreign exchange earnings from the tourism industry.

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  • Indonesia Merevisi Kebijakan Visa Kunjungan Singkat

    Visa Policy for Short Visits to Indonesia Revised to Boost Tourism

    Menteri Koordinator Perekonomian, Sofyan Djalil, mengumumkan sebuah paket kebijakan ekonomi yang akan dilaksanakan untuk meningkatkan perekonomian Indonesia terutama dalam upaya untuk memperbaiki neraca transaksi berjalan yang merupakan pengukuran paling luas mengenai aliran keluar masuknya devisa yang mencakup perdagangan, jasa, pembayaran bunga dan pengiriman uang. Salah satu perubahan kebijakan baru adalah pembebasan visa kunjungan ke Indonesia. Mulai dari April 2015, Indonesia akan mengizinkan warganegara asing dari tambahan 30 negara untuk mengunjungi Indonesia tanpa visa.

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  • Effect of Banking Collapse; Southeast Asia Grows as Retirement Destination

    Effect of Banking Collapse; Southeast Asia Grows as Retirement Destination

    The western banking collapse of 2008 did more than cost investors large sums of money, it exposed markets to a renewed sense of vulnerability in that is typically thought of as the world’s most stable financial institutions. But one of the unintended (or unforeseen) results of these events has been the upsurge in alternative retirement destinations for those that are ending their working careers. Perhaps most surprising is the upsurge in the number of retirees moving to the Asia-Pacific region.

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