Below is a list with tagged columns and company profiles.

Today's Headlines Tourism

  • Indonesia Investments' Newsletter of 25 October 2015 Released

    On 25 October 2015, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic subjects such as the government's fifth stimulus package, Indonesia's tourism and automotive industries, Bank Indonesia's inflation forecast, a stock & rupiah update, the latest World Bank report, commodity updates, and more.

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  • Volcano Eruption Mount Raung Causes Shutdown Indonesian Airports

    Volcano Eruption Mount Raung Causes Shutdown Indonesian Airports

    In Indonesia, authorities temporarily closed down operations at five airports, including international airport Ngurah Rai in Denpasar on Indonesia’s tourist hotspot Bali. This decision was made due to the eruption of Mount Raung (located in East Java). The volcano’s level of activity has increased over the past seven days and is now spewing ash and debris high into the air, jeopardizing the safety of air passengers. Due to the shutdown of the five airports, it is estimated that thousands of travelers have been affected.

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  • Indonesia Investments' Newsletter of 28 June 2015 Released

    Indonesia Investments' Newsletter of 28 June 2015 Released

    On 28 June 2015, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic subjects such an update on Indonesian stocks & the rupiah, foreign ownership of Indonesian property, revisions to the monetary policy, unemployment, the tourism industry, Islamic culture, and more.

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  • Initial Public Offering (IPO) Indonesia AirAsia Expected in Mid-2016

    Initial Public Offering (IPO) Indonesia AirAsia Expected in Mid-2016

    One of the world’s largest budget carriers, Malaysia-based AirAsia Group, plans to list its Indonesian unit - Indonesia AirAsia - on the Indonesia Stock Exchange in mid-2016. AirAsia Group Chief Tony Fernandes said that the group is eager to expand its presence in Indonesia, one of the world’s fastest growing regions in terms of air passengers, and aims to raise USD $300 million through this initial public offering (IPO). The fatal crash of Indonesia AirAsia flight QZ8501 in the Java Sea in December 2014 did not dim the group’s ambitions.

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  • Will Indonesia Ban Consumption & Distribution of Alcohol?

    Will Indonesia Ban Consumption & Distribution of Alcohol?

    After having banned the sale of alcoholic drinks in minimarkets, Indonesia may see the birth of another law concerning alcohol. Several secular and Islamic political parties seem to back a bill prohibiting the sale, production, distribution and consumption of drinks that contain over 1 percent alcohol. This bill is among the 37 so-called priority bills expected to be passed this year. Although the new bill had been first proposed in 2012 by two Islamic parties - National Development Party (PPP) and Prosperous Justice Party (PKS) - it had laid on the shelf.

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  • Indonesia’s January Tourist Arrivals Down on Chinese New Year

    Indonesia’s January Tourist Arrivals Down on Chinese New Year

    Foreign tourist arrivals to Indonesia declined 3.99 percent year-on-year (y/y) to 723,039 tourists in January 2015 according to data from Statistics Indonesia released on Monday (02/03). The primary reason for this decline is that - this year - Chinese New Year fell in February, whereas last year this event fell in January thus boosting foreign tourist arrivals in January 2014. Therefore, it is expected that tourist arrivals in February 2015 will climb sharply neutralizing the decline in the previous month.

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  • World Bank: Rehabilitating Indonesia’s Coral Reefs for People’s Welfare

    World Bank: Rehabilitating Indonesia’s Coral Reefs for People’s Welfare

    Coremap, a project supported by the World Bank, aims to revive Indonesia’s coral reefs in an effort to improve the welfare of coastal communities in Indonesia. By rehabilitating coral reefs, the country’s fish population, vital to the livelihoods of local communities, can expand. Moreover, the rehabilitation of coral reefs entails better opportunities in the (eco)tourism sector as it will attract underwater tourism. As such, new small businesses can be established in the coastal areas.

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  • Tourism in Indonesia: 9.3 Million Foreign Visitors Expected in 2014

    Tourism in Indonesia: 9.3 Million Foreign Visitors Expected in 2014

    Statistics Indonesia announced on Friday morning (02/01) that a total of 764,461 foreign tourists visited Indonesia in November 2014, down 5.32 percent from foreign visitor arrivals in the same month last year. Cumulatively, a total of 8.52 million tourists have visited Indonesia in the January-November 2014 period, up 7.29 percent from the same period in 2013. Arief Yahya, Indonesia’s Tourism Minister, is optimistic that this year’s target of welcoming 9.3 million foreign visitors - spending a total of USD $10.69 billion - will be achieved.

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  • Tourism in Indonesia: Foreign Visitor Number Rises 8.7% in Jan-Oct 2014

    Indonesia welcomed a total of 808,767 foreign tourists in October 2014, up 12.3 percent from the same month last year, according to official data from Statistics Indonesia (BPS). Meanwhile, on a month-to-month basis, foreign tourist arrivals rose 2.2 percent from September 2014. Suryamin, Chief at BPS, said that the highest percentage increases on a month-to-month basis occurred in Adi Sucipto International Airport (Yogyakarta), followed by the Port of Tanjung Priok (Jakarta), and Sultan Syarif Kasim II International Airport (Riau).

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  • Business Trips & Tourism in Indonesia Boost Hotel Development

    As the number of foreign tourists rise rapidly and there is increasing demand for conferences, exhibitions and business meetings, Indonesia will see a massive inflow of investments for the construction of hotels and condominium hotels (condominium hotels combine features of apartments and hotels). In 2015, the value of new (condo) hotels projects is estimated at IDR 38.5 trillion (USD $3.2 billion), up 57.3 percent from last year. Locations that attract tourists and locations close to education centers are the primary choice.

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Latest Columns Tourism

  • Escaping Jakarta's Chaos; Spending a Refreshing Weekend in Bogor

    Escaping Jakarta's Chaos; Spending a Refreshing Weekend in Bogor

    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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  • Tourism Industry: How Can Indonesia Tap Its Tourism Potential? Challenges & Opportunities

    Tourism Industry: How Can Indonesia Tap Its Tourism Potential? Challenges & Opportunities

    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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  • Airport Infrastructure Development in Indonesia: Bali & Yogyakarta

    Airport Infrastructure Development in Indonesia: Bali & Yogyakarta

    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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  • Tourism Industry Indonesia: Gov't Seeks $20 Billion of Investment

    Tourism Industry Indonesia: Gov't Seeks $20 Billion of Investment

    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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  • Tourism Sector Indonesia: 15 Million Foreign Tourists in 2017?

    Tourism in Indonesia: Gov't Sees 15 Million Foreign Tourists in 2017

    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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  • Visiting Indonesia's Komodo Island: What to Do & What Not to Do!

    Visiting Indonesia's Komodo Island: What to Do & What Not to Do!

    In early May 2017 it was reported in Indonesian media that a tourist from Singapore was bitten by a komodo dragon in the Komodo National Park, a famous park - located within the Lesser Sunda Islands in the eastern part of Indonesia - that was declared a World Heritage Site and a Man and Biosphere Reserve by UNESCO as well as selected as one of the New7Wonders of Nature. It is a popular tourist destination for both local and foreign tourists as they can observe the komodo dragon, a large lizard that has a dangerous venomous bite and fearsome reputation.

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  • Tourism Sector Indonesia Update: US Tourists, Opportunities & Challenges

    Tourism Sector Indonesia Update: US Tourists, Opportunities & Challenges

    Indonesia's Tourism Ministry is optimistic it can boost the number of American tourists who visit Indonesia by 25 percent to 375,000 individuals in 2017. Last year a total of 300,000 US citizens visited Indonesia for a holiday, up 11 percent year-on-year (y/y) from US visitor arrivals in the preceding year. Arief Yahya, Indonesian Tourism Minister, said the island of Bali is the favorite tourist destination for American tourists in Indonesia.

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  • Tourism in Indonesia: Labuan Bajo (Flores), the 'New Bali'?

    Tourism in Indonesia: Labuan Bajo (Flores), the 'New Bali'?

    Labuan Bajo, a small harbor town on the island of Flores in Indonesia's Nusa Tenggara region, is considered the "new Bali" due to its huge tourism potential. Blessed with beautiful and idyllic natural scenery (including beaches and offshore islands), foreign and domestic tourists will surely have a great experience. Although there are already about a dozen of high-class hotels (4 or 5 stars) and it is fairly well connected to other parts of Indonesia (through its Komodo Airport and port), the small fishing town remains underdeveloped for now.

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