Business News

Indonesian tourism minister believes Riau can pave the way for 'safe travel corridor'

The Indonesian province closest to Singapore, the Riau Islands, including Batam and Bintan, is the area most ready to reopen to tourists from neighbouring countries as coronavirus infections have declined and stabilised, Tourism and Creative Economy Minister Sandiaga Uno has said. The plan is to start reopening tourist spots in…

Buyers line up to take over Piaggio interests

Four entities have replied positively to the invitation to file non-binding offers for the acquisition of the business complexes of Piaggio Aero Industries and Piaggio Aviation, the two companies in extraordinary administration operating under the Piaggio Aerospace brand. The proposals arrived on the table of the Piaggio Aerospace commissioner Vincenzo…

Indonesia plans Covid-19 ‘green zones’ in Bali, five-year visas to drive tourism recovery

Indonesia’s Ministry of Tourism and Creative Economy has embarked on an aggressive effort to initiate tourism recovery, including proposing a soft loan programme worth 9.9 trillion rupiah (US$712 million), giving out a second tranche of grant funding with an expanded recipient list, as well as prioritising vaccination for tourism frontliners.…

Events, concerts may resume soon: Tourism and Creative Economy Minister Sandiaga Uno

After about a year of offline events being placed on halt due to the COVID-19 pandemic, Tourism and Creative Economy Minister Sandiaga Uno this week signaled an imminent return to our old ways of seeking leisure following Indonesia’s mass vaccination program Sandiaga, who has been busy preparing for the reboot…
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