Hotel Occupancy Rates in Bali Are Predicted to Increase by 20% During the Eid...

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The Muslim community is preparing to celebrate Eid al-Fitr this month. With the upcoming holiday in 2023, it is predicted that hotel occupancy rates in Bali will increase by 3-5%, while some areas such...

BI Expects Controlled Inflation Amid Global Commodity Prices Slowdown

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Bank Indonesia (BI) has stated that core inflation will remain under control at around 3 plus minus 1 percent in the first half of 2023, after experiencing a limited increase in March 2023. Head...

Fixed Income and Equity Mutual Funds Expected to Perform Strongly in Q2 2023

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Fixed income and equity-based mutual funds are expected to perform well in the second quarter of 2023. It could turn positive on a quarterly basis if The Fed's policy conditions matched market projections. This...
Foreigners

Indonesia’s Foreign Tourist Visits Decline in February 2023

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The post-pandemic Covid-19 recovery in Indonesia has been performing very well in several sectors, especially in tourism. This is evidenced by the increasing number of foreign tourists visiting the country. However, according to the...
Indonesia's import and Exports

ASEAN’s RCEP Brings Opportunities for Economic Growth and Trade Integration

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ASEAN has proven to the world that the region can become a driving force for global growth and economic growth. The combined Gross Domestic Product (GDP) of ASEAN countries approached US$3.4 trillion in 2021,...

167 Letter of Interest Received for Investment in IKN Nusantara

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The IKN Authority reported that it has received 167 Letters of Interest (LoI) for investment in IKN Nusantara. Of the total, 50% were domestic and the other 50% were from foreign investors. Bambang Susantono,...

Jack Ma’s View on AI: Don’t Let it Get Out of Control!

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The rapid development of Artificial Intelligence (AI) technology has brought about significant changes and disruptions in human society. One of the world's billionaires, Jack Ma, spoke about the progress of artificial intelligence (AI) technology,...

Bezzera Latte Art Competition (BLAC) 2023 Bali: The Ultimate Battle of Coffee Artistry

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The Bezzera Latte Art Competition (BLAC) was recently held in Bali, where 32 participants from various regions showcased their skills in creating beautiful and delicious coffee and latte art. This competition is highly prestigious...
Covid-19 Surge

Indonesia Maintains COVID-19 Emergency Status Despite No Increase in Cases

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The Indonesian Minister of Human Development and Culture, Muhadjir Effendy, stated that despite the absence of any new Covid-19 cases in the country, the emergency status of the pandemic is still ongoing. He made...

Foreign Capital Inflows Reach IDR 10.97 Trillion in Indonesian Financial Markets

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The Indonesian Central Bank, Bank Indonesia (BI), has reported that foreign capital inflows into the Indonesian financial market reached Rp10.97 trillion during the period of 27-30 March 2023. According to Erwin Haryono, Head of...