Coordinating Economic Minister Darmin Nasution finally launched on Monday the Online Single Submission (OSS), a web-based business licensing system intended to cut the red tape involved in obtaining business permits.

A number of foreign investors are keen on investing in the tourism business in Mandalika Special Economic Zone (SEZ), Lombok, which was just officiated six months ago. The investment commitment in the area is said to even reach beyond Rp13.5 trillion.

Minister of Tourism Arief Yahya hopes PT Indonesia Tourism Development Corporation (ITDC) as the state-owned enterprise (SOE) that manages the Mandalika Special Economic Zone (SEZ) becomes the central coordination that aims at developing Micro Small Medium Enterprises (MSMEs).

Indonesia benefits from the belt and road project will boost connectivity with its neighbors in Southeast Asian amid the nation’s infrastructure redesign.

LL’s recent Global Real Estate Transparency Index for 2018 has revealed PropTech stands to boost Singapore, Hong Kong, Japan and China’s rankings.

In the late 90s, new laws were enacted so that foreigners are permitted to purchase apartments and office space in Indonesia IF the building has a strata title status.

ClubMed in Lombok has announced its plans for 2018 and the near future which include opening a new resort in Indonesia among other countries.

The $500 million Vinci motoGP circuit that is being built in Mandalika Kuta, Lombok Island will brighten the Indonesian tourism future.

The Tourism Ministry is ready to host the annual Wonderful Sail yacht rally in Indonesia from July to November.

Amidst the cheers and sportsmanship of the ongoing 2018 World Cup in Russia, some buses featuring the words “Wonderful Indonesia” have been spotted cruising the streets of Moscow and St. Petersburg.

Prime Minister Narendra Modi’s three-day official visit to Indonesia aims to revive the old warmth in the relationship that the two countries enjoyed for a long time with a focus on maritime ties and economic relations.

From the original article by Escape Magazine, the confirm by Jenne Hewett of what we know from long time which is that for many of us, Bali is the benchmark for affordable, accessible island travel.

Today the European Commission updated the EU Air Safety List, the list of airlines that do not meet international safety standards, and are therefore subject to an operating ban or operational restrictions within the European Union.

Tourism Minister Arief Yahya is seeking to push Indonesia to the top of the 2019 Global Muslim Travel Index (GMTI), tempo.co reported on Tuesday.

The United States Federal Reserve raised its interest rate for the second time this year on Wednesday (13/06), while signaling that there may be two more hikes before the end of 2018, putting pressure on financial markets in emerging countries.