According to data from Statistics Indonesia (Badan Pusat Statistik), Indonesia was visited by over 725 thousand foreign visitors in March 2013, up 10.1 percent compared to the same month last year. The Indonesian government has set the ambitious target of welcoming a total of nine million foreign tourists in 2013. In 2014, it wants at least 10 million foreigners to visit Indonesia. The government expects these increases to originate mainly from the Asia-Pacific region itself.

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Garuda Indonesia (GIAA), one of Indonesia's biggest airlines, posted a 100 percent increase in net profit to US $145.4 million in 2012 from US $72.7 million a year earlier. Operating profit of the company rose 82 percent to US $110.8 million from US $64.2 million in 2011. These numbers were supported by a 19.6 percent increase in passengers from 17.1 million in 2011 to 20.4 million last year, while its seat load factor rose to 75.9 percent from a previous 75.2 percent.

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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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Organized by China Decision Makers Consultancy (CDMC) Events, the 12th Clean Coal Forum Indonesia 2013 will be held on Wednesday 4 and Thursday 5 December 2013 in the Pullman Jakarta Indonesia Hotel (located at the most prestigious part of Jakarta's Central Business District). This event will generate some valuable advices to assist you to gauge the pulse of this ever-changing industry while grasping the latest and most advanced clean coal technologies, particularly in the Asia Pacific market.

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Liberalization of trade and investment among the Asia-Pacific Economic Cooperation (APEC) members should be expanded and governments should refrain from using any protectionist measures. Meanwhile, the private sector plays an important role in the economic expansion of the Asia-Pacific and governments should create a conducive investment climate for this sector. This was the main message conveyed in the speech of John Kerry, US minister of foreign affairs who replaced Barack Obama at the APEC Leader Summit.

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Softer than expected economic activity in the People’s Republic of China (PRC) and India and jitters over the United States (US) quantitative easing (QE) program will weigh on Asia and the Pacific’s growth prospects in the near term, says a new Asian Development Bank (ADB) report. “Asia and the Pacific's 2013 growth will come in below earlier projections due to more moderate activity in the region’s two largest economies and effects of QE nervousness,” said ADB Chief Economist Changyong Rhee.

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