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Indonesia`s economy grows 6.5 percent in Q1

growth

Jakarta (ANTARA News) – Indonesia`s domestic economic activities are still performing well in the midst of slow world economic growth, according to Bank Indonesia. “The economy is estimated to grow 6.5 percent in the first quarter of 2012 and will continue growing in the second quarter although it would be slower,” the central bank spokesman, [...]

March 16th, 2012 | Published in Economic,Trade | Read More »

Garuda named “best airline in the world”

Garuda-Indonesia

(Tribunnews.com) The Jakarta Post, Jakarta National flag carrier Garuda Indonesia has been recognized as ‘Best International Airline’ according to a recent independent survey of all major airlines throughout the world. The customer satisfaction survey, conducted by research company Roy Morgan, ranked Garuda Indonesia ahead of other leading airlines, such as Singapore Airlines, Emirates and Air [...]

March 7th, 2012 | Published in Economic,Tourism | Read More »

Bali to host the largest food and hotel exhibition in March

pantai surfing bali

Kompas.com/Dimas Ardian The Jakarta Post, Jakarta Bali will host the largest food and hotel exhibition ever held in the province from March 1-3 at the Bali Nusa Dua Convention Center, a senior official said in Jakarta. “The new venue will host 498 companies from 33 countries, including national pavilions from Taiwan and the U.S. in [...]

March 1st, 2012 | Published in Economic,Tourism | Read More »

Foreign Tourist Traffic Up in January

bunaken

Jakarta Globe The number of foreigners vacationing in Indonesia rose 20 percent over last year’s figures for the month of January, the Central Statistics Agency (BPS) announced on Thursday, with visits to Manado and Tanjung Pinang leading the push. Overall, foreign tourist arrivals rose to 652,692 in January, up from 548,821 visitors recorded during the [...]

March 1st, 2012 | Published in Economic,Tourism | Read More »

Investment Expected to Remain Growth Engine in Indonesia

Penutupan BEJ

Jimmy Hitipeuw JAKARTA, KOMPAS.com – Investment is likely to remain the main engine of Indonesia’s economic growth in 2012 which is projected to reach 6.7 percent, a Finance Ministry official said. “Our focus in 2012 will be on spurring investment growth, either in the private or public sector by optimizing capital spending,” acting chief of [...]

February 9th, 2012 | Published in Economic,Investment | Read More »

Madame Tussaud Museum to open in Jakarta July 2012

Indonesians no longer need to go to London or Hong Kong to visit the Madame Tussaud Wax Museum because a branch of the famed institution will be opened in Ancol Beach City, Jakarta, in late July 2012. “The Madame Tussaud Museum to be set up in Ancol Beach City will be the largest in the [...]

January 5th, 2012 | Published in Tourism | Read More »

Teluk Bayur to be renovated at cost of Rp 1.7t

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Syofiardi Bachyul Jb, The Jakarta Post, Padang Teluk Bayur Port in Padang, West Sumatra, will be renovated at a cost of Rp 1.7 trillion (US$185.8 million) in a bid to provide better services for both export and import activities. The renovation project, expected to run from 2011 to 2015, comes in response to a rising [...]

January 5th, 2012 | Published in Economic,Investment | Read More »

Indonesians to spend less, invest more next year: Nielsen

rupiah

The Jakarta Post, Jakarta Indonesians will likely spend less and invest more next year, spurred by concerns over the global financial situation, a new Nielsen survey has found. “The volatility of the global economy and financial markets leave Indonesian consumers unconvinced about the future of the economy,” Nielsen Indonesia managing director Catherine Eddy said on [...]

November 10th, 2011 | Published in Economic,Investment | Read More »

Indonesian Economy Expansion Below Forecast

iklan di jakarta

People walk past fashion advertisements at a shopping mall in Jakarta on Nov. 1, 2011. Indonesia posted steady growth of 6.5 percent in the third quarter on buoyant domestic spending and private investment. (Reuters Photo/Beawiharta) Aditya Suharmoko, Jakarta Globe Indonesia posted steady growth of 6.5 percent in the third quarter on buoyant domestic spending and [...]

November 7th, 2011 | Published in Economic,Trade | Read More »

N. Sulawesi poised for ASEAN tourism forum

bunaken

Bunaken sea (ANTARA/Basrul Haq) by Otniel Tamindael Jakarta (ANTARA News) – Known as “The Land of Smiling People”, rich in culture, culinary delights, and beautiful landscapes, North Sulawesi, its provincial capital of Manado in particular, is poised to host an ASEAN Tourism Forum (ATF-2012). To most of the would-be participants of ATF-2012, Manado is probably [...]

October 27th, 2011 | Published in Indonesia Nowadays,Tourism | Read More »