Month: May 2022

Investment Opportunities

Indonesia hit by match-fixing allegations in bronze medal tie against Vietnam

Match-fixing allegations have emerged in the bronze medal match between Indonesia and Vietnam at the 28th Southeast Asian Games in Singapore on June 15, the latest hit to Indonesian football following a FIFA ban. The Jakarta Legal Aid Institution has revealed a phone recording that allegedly proved match-fixing claims with a whistleblower, identified by the…
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Attracting New Investors for Indonesia

High margins, a large market with low banking penetration and healthy economic growth are key reasons why Indonesia is considered one of the most attractive markets for financial institutions in Southeast Asia. Moody’s recently changed its outlook on the Indonesian banking system to positive from stable, as it saw improvements in the country’s operating environment,…
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Covid-19 Pandemic affecting Indonesia’s Mining Sector

The Covid-19 pandemic has slammed the brakes on manufacturing activity in China, which has rippled through to the coal, nickel and tin miners in Indonesia that rely on the Chinese market. Mining companies in Indonesia are among those being hit by weakened demand as the COVID-19 pandemic impacts the global economy. But the environmental reprieve as…
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Tourism in Indonesia

Investing in Tourism: The Government of Indonesia

The Indonesian government has reportedly allocated IDR72 billion (US$5.2 million) for influencers, as part of an incentive program to boost the country’s tourism industry amid the international coronavirus outbreak that is increasingly fueling fears of a global pandemic. Yes, you read that right, folks. We can’t turn down the power of influencers even amid a…
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Not Just Bali: Indonesia Hopes to Develop More Tourism Sites

Hundreds of tourists, many of them young Westerners, sat on gray stone steps atop the world’s largest Buddhist temple, occasionally checking cellphones or whispering to each other as they waited for daylight. Sunrise wasn’t spectacular on that recent summer day. But even an ordinary dawn at Borobudur Temple — nine stone tiers stacked like a…
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Indonesia International Trading

Investing in Indonesia

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