Business News
Indonesian Ministry Aims for 14 Million Foreign Tourist Arrivals in 2024
The Indonesian Ministry of Tourism and Creative Economy (Kemenparekraf) is on a revitalization path for the tourism sector, targeting 14 million international tourist arrivals (wisman) in 2024, up from the 11 million recorded this year. Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, expressed optimism about the recovery of…
Green Investment Key to Tourism Development
Green investment, characterized by environmentally conscious capital infusion into industries, is deemed a pivotal element in the future development of the tourism sector. Indonesian Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency, Sandiaga Salahuddin Uno, concurs with this perspective. He perceives the future development of…
Indonesian Tourism Enthusiasts and Macau Strengthen Business Collaboration
The Indonesian Association of Travel Agents (Astindo), Macao Travel Agency Association (MTAA), and MLTSIA (Macao Leisure Tourism Services Innovation Association) have solidified a business partnership by signing a memorandum of understanding (MoU) to advance cooperation in tourism, innovation, and sustainable growth between Macau and Indonesia. Pauline Suharno, President of Astindo,…
Robust Foreign Investment in Indonesia Reaches IDR 363 Trillion
Indonesia's foreign direct investment (FDI) sector is experiencing remarkable growth, reflecting an optimistic outlook. According to ASEAN Briefing, Indonesia attracted IDR 363 trillion (USD 23 billion) in foreign investment and IDR 315 trillion (USD 20.4 billion) in domestic investment during the first half of 2023. Comparing this to the estimated…
