Home > News > Economic (page 5)


Indonesia to Propose Borobudur-Machu Picchu Sister Heritage Cooperation

Indonesia will propose sister heritage cooperation between Borobudurand Machu Picchu in Peru, in a bid to enhance cultural exchange between the two countries. “This proposal was supported by the Minister of Tourism and Creative Economy Mari Elka Pangestu,” stated Indonesian Ambassador to Peru and Bolivia Moenir Ari Soenanda during his visit to Antara News Agencys Office here on Thursday. According to Soenanda, Indonesias ... Read More »

US$60 Million Income from VoA Expected

The province is forecast to have collected up to US$60 million from Visa on Arrival (VoA) at its international gates in 2013, a slight increase from 2012’s income, an expert has said. Bagus Sudibya, a senior tourism observer, attributed the high income to Bali’s good record in maintaining growth in incoming tourists. “This number is only the direct income. There ... Read More »

Japan Introduces Medical Technology to Help Improve Indonesia`s Health Services

Japans Ministry of Economy, Trade, and Industry (METI) and Medical Excellence Japan (MEJ), a consortium of medical technology suppliers, plan to hold a seminar in Jakarta, on February 27. Deputy Director of the ministrys healthcare industries division, commerce, and information policy bureau Noriyoshi Fukuoka stated that the seminar, themed “protection of all lives”, is intended to introduce medical technology that ... Read More »

Japan Proposes Agricultural Cooperation with ASEAN Universities

The Japanese Ministry of Agriculture, Forestry and Fisheries (MAFF) has proposed an agriculture-food related areas cooperation through universities around the Southeast Asian countries. Japanese Minister-Counselor and Deputy Chief of Mission to ASEAN Takako Ito stated during her opening remarks at the “Symposium on Human Resource Development in Food-Related Area through Partnership with ASEAN Universities” here, on Tuesday, that the proposal ... Read More »

Bau Nyale: The Annual Sea Worms Festival on the Island of Lombok

The island of Lombok will once again celebrate the age-old tradition of Bau Nyale or catching the Sea Worms Festival in the forthcoming month. This year, following a meeting of the council of government officials, traditional community leaders and keepers of the four cardinal directions, the event will be centered at the Serenting Beach, Kuta village, Pujut District, from 19th to 20th February 2014. The Sasak people of Lombok in West ... Read More »

Borobudur Temple Confident of Achieving Tourist Target in 2014

The management of Borobudur Temple is optimistic that the worlds largest Buddhist temple will meet the 3,531,900 tourist arrival target for 2014. Deputy Head of Operation I Borobudur Temple Tourism Park Aryanto Hendro said here on Wednesday that the target accounted for 3,263,500 domestic tourists and 268,400 international tourists. “The tourist arrival target is 18 percent higher than 2013s target,” ... Read More »

LAPAN to Develop Drone, Rockets for Army

The National Institute of Aeronautics and Space (LAPAN) and the Army signed an agreement on Tuesday to develop national defense technologies as part of efforts to reduce dependency on imported military equipment. Among the technologies to be developed by LAPAN are unmanned aerial vehicle (UAV), missiles, rockets and remote sensing. “LAPAN’s capabilities are very useful and will benefit the Army. ... Read More »

Indonesia`s Trade Balance to See $785 Million Surplus in December

Bank Indonesia (BI) has forecast the countrys balance of trade to record a surplus of US$785 million in December 2013, up from US$776.8 million the month before. “Based on the data, the surplus will be US$785 million in December 2013 as compared to US$776.8 million in November 2013,” Bank Indonesia Deputy Governor Perry Warjiyo stated at the group discussion forum ... Read More »

Indonesia Update Forum: Preserving Life, Strengthening Culture and People’s Economy

Indonesia’s commitment in the implementation of REDD+ programs that had been agreed upon between the Governments of Indonesia and Norway are well maintained. Embassy of Indonesia in Oslo continues to bridge the communication on the implementation of REDD+ by the Indonesian Government, to the Norwegian public. This is expressed by Charge d’Affaires ad Interim of the Embassy of Indonesia in ... Read More »

Reiselivsmessen 2014 : Indonesian Pavilion Recorded Four Successes

Of the three-day exhibition participation in the biggest travel and tourism exhibition in Oslo, Reiselivsmessen, at the Telenor Arena this weekend (10-12 January 2014 ), Embassy of Indonesia in Oslo noted several interesting things. Record Visitors The exhibition this year managed to record most visitors. On the first two days, the number of visitors reached 26.143 people, and the exhibition ... Read More »