The tourism sector in Indonesia is successfully contributing to the national economy by generating foreign exchange earnings.
2 reports, 2 independent
Updated Jul 6
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What happened
The tourism sector in Indonesia is successfully contributing to the national economy by generating foreign exchange earnings.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.New policy decisions and VAT refunds are boosting Indonesia's tourism sector.1 source
Bank Indonesia notes that the tourism sector is successfully contributing to Indonesia's foreign exchange earnings.1 source
Keep exploring
Part of
Bali Tourism Destination is leveraging its status as an island to promote its brand through sustainability efforts and new international market access.Also in this story
- Nusa Lembongan, an island near Bali, is facing issues related to tourism, including overcrowding and pollution, which affect its appeal.
- Bali is addressing energy infrastructure vulnerabilities by shifting to solar and improving tourism quality via low-emission zones.
- A 5-star resort soft opened in Ubud, Bali, supporting the growth of quality tourism in the region.
The entities involved
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Bank Indonesia
central bank of the Republic of Indonesia
- Prabowo Subianto's policies are rattling investors in Indonesia, while Bank Indonesia manages currency stability amid global inflation.
- Indonesian products are gaining traction with Japanese consumers, supported by ministry efforts to promote brands in Singapore and strengthening payment connectivity.
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Indonesia
island country in Southeast Asia and Oceania
Related events
- BRI operates within the financial sector of Indonesia.
- The push for price independence of exports and the supervision of a new exchange by the Financial Services Authority are underway.
- Indonesia is compared to India and Mexico in global economic metrics.
- Bank Indonesia and Indonesia are collaborating on bilateral financial ties and developing a local currency settlement framework.