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G7 Leaders Unite for a Nuclear-Free World

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Leaders from the G7 nations, a coalition of powerful economies, have come together with a resolute commitment to establish a world free from the...

Selective Screening: Bali to Implement Stricter Measures on Foreign Tourists

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The government of Bali is implementing new measures to regulate the influx of foreign tourists to the island in response to the misconduct of...

Finance Minister Ensures Indonesia’s Economy Remains Stable Despite Potential US Default Crisis

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In a recent press conference, Indonesian Finance Minister Sri Mulyani stated that the potential US default crisis has not yet impacted Indonesia's economy, as...

Bali Tourism Officials Drafting ‘Do’s and Don’ts’ Guidebook for Tourists to Promote Cultural Respect

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The Bali government is taking action against misbehaving foreign tourists by drafting a Do's and Don'ts guidebook for visitors. The Bali Tourism Agency is...

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...

Foreign Capital Outflow Reaches Rp140 Billion in Fourth Week of March 2023

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The Bank of Indonesia (BI) has reported that foreign capital outflow from Indonesia's financial markets in the fourth week of March 2023 reached IDR...

Jakarta Attracting Ultra High Net Worth Individuals for Luxury Property Investments

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Jakarta and its surrounding areas have become a popular destination for affluent foreigners, particularly those from South Korea and Australia, who are seeking to...

International Market Turmoil Eased, Capital Inflow Still Slightly Restrained

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The international financial market, which has contributed to high uncertainty, is now starting to subside. However, Minister of Finance Sri Mulyani Indrawati revealed that...

Indonesia’s External Debt in Quarter IV-2022 Remains Under Control

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At the end of the fourth quarter of 2022, Indonesia's external debt (ULN) was recorded at US$396.8 billion. According to Bank Indonesia (BI), this...

Domestic Forex Demand Affects the Difficulty of the Rupiah Strengthening

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Indonesia's currency, the Rupiah, has struggled to strengthen. The rupiah exchange rate even weakened again against the United States (US) dollar in early trading...

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