• Tourism in Indonesia: 2017 Target Not Achieved Due to Agung Eruption

    In full-year 2017 Indonesia welcomed a total of 14.04 million foreign visitor arrivals, a new record high and up 21.9 percent year-on-year (y/y) from 11.52 million foreign visitor arrivals in the preceding year. However, Southeast Asia's largest economy failed to achieve its 2017 target of attracting 15 million foreign tourists. Main reason was heavy volcanic activity at Bali's Mount Agung.

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  • Indonesia Investments' Newsletter of 4 February 2018 Released

    On 4 February 2018, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy and market-related topics such as inflation, manufacturing, foreign investment, komodo bonds, trade, and more.

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  • Property in Indonesia: Astra & Hongkong Land to Launch New Project

    Astra International, one of Indonesia's largest diversified conglomerates, announced it will develop a luxurious residential apartment complex, called Arumaya, in South Jakarta in cooperation with Hongkong Land, a Hong Kong-based multinational property investment, management and development group. The complex is estimated to require investments worth IDR 1 trillion (approx. USD $75 million).

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