ACCORDING to a study conducted by Colliers Indonesia in April 2025, the government’s policy on budget efficiency had a substantial impact on the performance of the hospitality industry. In the same month, the...
Business
ERINDONESIA AND FRANCE SIGNS US$11 BILLION DEALS DURING MACRON VISIT
INDONESIA and France have signed 27 memoranda of understanding (MoUs) worth US$11 billion. Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto announced that 27 MoUs were signed on Wednesday...
DUE TO GOVT POLICY, HOTEL ENTREPRENEURS ADMITS LAYOFF THEIR EMPLOYEES
HOTEL entrepreneurs who are members of the Indonesian Hotel and Restaurant Association (PHRI) Jakarta are planning to reduce their workforce, citing a decline in occupancy and revenue. This condition is primarily driven...
INDONESIA SECURES US$4 BILLION IN INVESTMENT FOR NUSANTARA CAPITAL PROJECT
TOTAL investment in Indonesia’s future capital, Nusantara—under development in East Kalimantan—has reached IDR65.73 trillion (over US$4 billion), according to the Nusantara Capital City Authority (OIKN). As of April, 42...
GAMING INDUSTRY HAS THE POTENTIAL TO DRIVE RI’s ECONOMIC GROWTH
THE GAMING industry has the potential to be a driver of national economic growth. Of course, we need to see the contribution of this gaming industry, which we believe is one of the industries that we can encourage to...
