Home > News > Economic (page 30)


UAE Investors Eying Resort Business in Indonesia

Entrepreneurs from United Arab Emirates are eying investment in resort business in Indonesia, a press release received from the Ministry of Tourism and Creative Economy said here on Tuesday. “Companies including Damac are interested to invest in resort construction in Indonesia,” Minister Mari Elka Pangestu said after her visit to UAE recently. During her stay in UAE, Mari met with ... Read More »

Government Allocates Rp400 Billion to Develop Solar Cells

The government has allocated up to Rp400 billion in funds to develop solar cells in the country this year, Energy and Mineral Resources Minister Jero Wacik said. “The government is serious about developing solar cells as cheap renewable energy to give a direct impact to rural economic growth,” he said when inaugurating a solar cell unit in Karangasem district, Bali ... Read More »

Gili Terawangan, a Tropical Islands Getaway

White sandy beach, tropical coral reefs and warm inviting waters are awaiting on Gili Terawangan. With no cars and no motor bikes, there are no distractions other than the beautiful tropical island scenery, making it an ideal destination for tropical getaway. Gili Terawangan is the largest and most popular Gilis in the northwest coast of Lombok. The Gilis consist of ... Read More »

Indonesia’s Mouth-Watering Culinary Presentations at ITB Berlin 2013

On  5th March at the Grand Opening of ITB Berlin,  over 4,500 invitees will have the chance to experience the true delectable taste of Indonesian cuisine at the Internationale Tourismus Borse (ITB Berlin), the biggest Travel and Tourism Trade show in the world. Bringing all delicacies of the archipelago, Indonesia  co-hosts as the Official Partner Country of the event,  which will ... Read More »

Nyepi: Bali’s New Year’s Day of Complete Silence

Every culture and religion in the world has its own way to define and celebrate the coming of the new year. While the Chinese have the Imlek celebration, the Muslims celebrate the first of Muharram, and the world in general celebrates the first of January, the Hindus of Bali welcome the New Year based on the traditional Saka Calendar with the ritual of Nyepi.  This ... Read More »

Raja Ampat, First to Enact 4.6 Million Hectares Shark and Manta Marine Sanctuary

The district government of Raja Ampat, dubbed “the Underwater Paradise on Earth”  located at the western tip of West Papua’s Bird’s Head, has enforced the protection of sharks, manta rays, dugongs, turtles and aquarium fish over a 4.6 million hectares sanctuary. The regional bylaw No. 5 of 2012 was launched Wednesday, 20 February 2013, reports Kompas daily.   This is the ... Read More »

President Proposes No New Development Format for Post-2015

President Susilo Bambang Yudhoyono, a co-chair of the UN High-Level Panel of Eminent Persons on the Post-2015 Development Agenda, has said he did not propose a new format to replace the Millennium Development Goals (MDGs) which will expire in 2015. “I personally, as the co-chair, do suggest the third option, which is a new format (for the Post-2015 Development Agenda),” ... Read More »

Indonesia and Germany Cooperate in Ratan Industry

The National Rattan Innovation Center of the ministry of industry and Germany`s Innovationszentrun Lichtenfels have agreed to cooperate to develop rattan industry in the country. “This is part of efforts to create new rattan product designs to make rattan industry to boom again,” Deputy Minister of Industry Alex Retraubun said on Wednesday. He said the cooperation was also expected to ... Read More »

Garuda Launches Engine Test Facility

National flag carrier Garuda Indonesia, through its subsidiary GMF AeroAsia, has officially launched the operation of its CFM56-7B engine test facility in Cengkareng, Banten, to better develop GMF’s capacity for aircraft repair. The engine test facility, developed in cooperation with US firm General Electric (GE) and CFM International, a joint venture company between GE and Snecma of Safran Group, will ... Read More »

Besakih Temple to be Equipped with Advanced Information Center

The largest temple complex in Bali, Besakih Temple is now equipped with showrooms, an audio visual room, a library, a plaza and other modern facilities to provide better tourist information regarding the site. “Thanks to the audio visual room, visitors can watch a video of ceremonies and rituals carried out at Besakih Temple in the past,” said Ketut Wija, second ... Read More »