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View all search resultsIndonesia has generated Rp 48 trillion (US$2.86 billion) worth of investment in connection with the issuance of the Golden Visa, a special residency permit introduced last year to invite foreign investors to the country.
Danantara must resist passing out unconditional loans left and right lest it turns into a bailout fund for failing SOEs, and instead look to maintaining its commercial posture and stand as a catalyst for reform by rewarding discipline through capital injections.
Overtourism and overdevelopment have become serious issues in Bali as tourism returns to the island following the COVID-19 pandemic. Reports of rowdy tourists violating local customs and unlicensed businesses competing unfairly with locals have become increasingly common in recent years.
A unified framework on commercial arbitration may help enhance trade between ASEAN member states while also attracting more foreign investment, according to this year's bloc chair Malaysia, as the region faces uncertainties and tensions surrounding global trade and economy.
The guarantees, aimed at easing investor concerns over the megaproject’s execution and continuity, will be issued jointly by the Finance Ministry and PT Penjaminan Infrastruktur Indonesia (PT PII), the ministry’s infrastructure guarantee vehicle.
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