• IPO News Indonesia: Jasa Armada Indonesia Makes Trading Debut

    Vessel guidance, sea freight and maritime services company Jasa Armada Indonesia, a subsidiary of state-owned port operator Pelabuhan Indonesia II (abbreviated Pelindo II), became the 36th company to have completed its initial public offering (IPO) on the Indonesia Stock Exchange in 2017. On Friday (22/12) the company made its trading debut on the local bourse.

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  • Tourism Indonesia: Visitor Arrivals Bali Starting to Recover

    The flow of tourists to Bali, Indonesia's top tourist destination, is gradually recovering after the eruption of Mount Agung (although the volcano is still showing activity). Therefore, Indonesian Tourism Minister Arief Yahya is optimistic that Bali will welcome at least seven million foreign tourists in full-year 2018.

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  • Indonesia Is Not Reaping the Full Benefits of Urbanization

    Like in most other nations across the world, Indonesia is also experiencing rapid urbanization. Currently, 56 percent of the Indonesian population lives in urban areas (at the start of the century - in 2000 - the figure was 42 percent). Although urbanization is - in theory - an engine of economic growth, Indonesia is not reaping the full benefits of urbanization.

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