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Southeast Asia's largest economy
How Singapore-born coal tycoon Low Tuck Kwong becomes Indonesia's 2nd-richest billionaire

How Singapore-born coal tycoon Low Tuck Kwong becomes Indonesia's 2nd-richest billionaire

Singapore-born tycoon Low Tuck Kwong built a US$27.9 billion fortune by investing in his coal mining business even as experts repeatedly forecast that demand for the fuel would taper off.
Southeast Asia's largest economy aims to put airports on global top 10 list

Southeast Asia's largest economy aims to put airports on global top 10 list

Southeast Asia's largest economy records 12.6 million foreign tourists, highest in five years

Southeast Asia's largest economy records 12.6 million foreign tourists, highest in five years

Southeast Asia's largest economy expects to attract 16 million foreign visitors in 2025

Southeast Asia's largest economy expects to attract 16 million foreign visitors in 2025

Indonesia, Southeast Asia's largest economy, aims to attract between 14.6-16 million international visitors in 2025, a slight increase compared to the target of 14.3 million visitors in 2024.
December 24, 2024 | 10:51 pm PT
How Indonesia's Hartono brothers turned a family business into a $47B global empire

How Indonesia's Hartono brothers turned a family business into a $47B global empire

Tycoon brothers Michael and Robert Hartono expanded their family business from tobacco into banking and online retail, building a $47 billion fortune and securing their place among the world’s wealthiest families.
December 17, 2024 | 03:37 pm PT
Southeast Asia's largest economy welcomes over 10 million foreign tourists

Southeast Asia's largest economy welcomes over 10 million foreign tourists

The number of foreign visitors to Indonesia exceeded 10 million as of September, inching closer to the full-year target of 14 million, according to the country's Central Statistics Agency.
November 3, 2024 | 04:38 pm PT
Southeast Asia's largest economy imposes harsher penalties against tourists violating immigration laws

Southeast Asia's largest economy imposes harsher penalties against tourists violating immigration laws

Foreign tourists who overstay their visas or violate immigration laws on Bali island could face life imprisonment as Indonesia enforces stricter penalties to safeguard its tourism reputation.
October 13, 2024 | 08:51 pm PT
Southeast Asia's largest economy welcomes over 9 million foreign tourists, highest since 2020

Southeast Asia's largest economy welcomes over 9 million foreign tourists, highest since 2020

Indonesia, Southeast Asia's largest economy, welcomed 9.1 million foreign tourists in the first eight months of this year, marking a 20% increase year-on-year, according to official data.
October 2, 2024 | 06:26 pm PT
Southeast Asia's largest economy to ban building of some hotels on Bali

Southeast Asia's largest economy to ban building of some hotels on Bali

Indonesia has agreed to set a moratorium on the construction of hotels, villas and nightclubs in some areas on the tourist resort island of Bali, as it grapples with the over-development of land, a senior ministry official said on Monday.
September 9, 2024 | 05:02 pm PT
Southeast Asia's largest economy works to make air travel more affordable

Southeast Asia's largest economy works to make air travel more affordable

Indonesian Tourism and Creative Economy Minister Sandiaga Salahuddin Uno on Wednesday said that the country is making efforts to make air travel more affordable for passengers.
August 14, 2024 | 08:46 pm PT
Southeast Asia's biggest economy seeks way to combat Bali overtourism

Southeast Asia's biggest economy seeks way to combat Bali overtourism

Indonesia, Southeast Asia's largest economy, has launched new tour packages to less-crowded destinations in Bali in an effort to address overtourism on the holiday island.
August 12, 2024 | 10:44 pm PT
Indonesia’s golden visa attracts wealthy investors, raises concerns over money laundering, housing costs

Indonesia’s golden visa attracts wealthy investors, raises concerns over money laundering, housing costs

Indonesia aims to attract wealthy investors with its new golden visa program, but analysts have warned that the policy could invite cross-border money laundering and drive up housing prices.
July 31, 2024 | 06:11 am PT
Southeast Asia's largest economy launches 10-year 'Golden Visa'

Southeast Asia's largest economy launches 10-year 'Golden Visa'

Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to $10 million giving them a 10-year visa and access to Southeast Asia's largest economy.
July 25, 2024 | 12:41 am PT
Indonesia first-quarter growth boosted by election, holiday spending

Indonesia first-quarter growth boosted by election, holiday spending

Indonesia's economic growth accelerated in the first quarter of 2024 on the back of election and religious holiday spending, official data showed Monday.
May 6, 2024 | 03:37 pm PT
Indonesia may offer dual citizenship to attract overseas workers, minister says

Indonesia may offer dual citizenship to attract overseas workers, minister says

Indonesia may offer dual citizenship to people of Indonesian descent to entice more skilled workers into the country, a senior cabinet minister said on Tuesday.
April 30, 2024 | 03:04 pm PT
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