Tag: economic growth
Bali as a Real Example of Tourism Driving Regional Economic Growth
Not just a magnet for global travelers, Bali is increasingly seen as a model for how tourism can fuel economic growth across regions. With...
Indonesia Sets Its Sights on 8% Economic Growth, Gears Up to...
Indonesia has set its sights high: an ambitious economic growth target of 8% by 2029. To achieve this, the Ministry of Investment and Downstreaming/BKPM...
Bank Credit Grows 6.52%, Bali’s Economic Outlook Remains Positive
Amid global uncertainty, Bali’s economic pulse continues to beat stronger, at least according to its financial sector indicators. The island’s banking industry is showing...
Prabowo Administration to Implement Economic Deregulation in Response to Global Uncertainty
A wave of global uncertainty, triggered by escalating trade tensions, is pushing Indonesia to reevaluate how it manages its economy. At the heart of...
IMF Ranks Indonesia as 8th Largest Economy, Outperforming France and the...
In a surprising turn, the International Monetary Fund (IMF) has confirmed that Indonesia ranks as the world's eighth-largest economy. This ranking is based on...
Indonesia, China & India Set to Become Economic Superpowers Together
For a long time, Western countries have dominated the global economy. However, amid the global recession and geopolitical conflicts, there may be a shift...
Beyond Tourism, Bali Targets New Revenue Streams with Carbon Credits
Bali's government is embarking on an ambitious new initiative to boost its economy and protect the environment simultaneously. Bali is setting its sights on...
IMF Forecasts Indonesia’s Economic Growth to Reach 5% in 2024, Still...
The International Monetary Fund (IMF) has decided to stick with its current projections for Indonesia's economic growth for both this year and the next,...
Having Strong Performance, World Bank Projects Indonesia’s Economic Growth to Reach...
Indonesia's economic outlook has received a boost from the World Bank, which has revised its growth projection for 2024 to 5%. This marks an...
Bali’s Economy Soars Post-Pandemic, Boosts Property Sector
Bali, often referred to as the Island of the Gods, is experiencing a significant economic resurgence post-COVID-19 pandemic. Since 2021, Bali's economy has seen...
