Statistics Indonesia (BPS) announced on Thursday that it had recorded 1.25 million foreign tourist arrivals in September, 10.56 percent lower than the previous month. “Learning from the year by year data on tourist arrivals, we see that the decline of tourist arrivals in September is normal because the holiday season is over [in September]. European […]
Read MoreThe Energy and Mineral Resources extended on Thursday the temporary special mining permit (IUPK) of gold and copper miner PT Freeport Indonesia (PTFI) as the previous permit issued one month ago expired on Oct. 31. Ministry spokesperson Agung Pribadi told the press at his office in Jakarta on Thursday that the newly issued permit would […]
Read MoreTEMPO.CO, Jakarta – The Riau Islands Tourism Office carried out a massive promotion to attract foreign tourists. The Head of the Riau Islands Tourism Office, Buralimar, said that the national tourism branding ‘Wonderful Indonesia’ had been a success. “Now, it’s our time carry out massive promotion abroad, especially in China, India, and Korea,” he said. Buralimar said that his province […]
Read MoreThe company behind the Jakarta-Banding high-speed railway project PT Kereta Cepat Indonesia Cina (KCIC) has said that land acquisition for the project reached 80 percent in October. KCIC president director Chandra Dwiputra added that the acquisition of the other 20 percent was expected to be completed by the end of this year. “The remaining 20 […]
Read MoreTEMPO.CO, Jakarta – Rupiah increased 10 points today to the level of Rp 15,192 compared to its previous level, Rp15,202 per USD. CSA Research Institute senior analyst Reza Priyambada today said that the ratification of the 2019 state budget draft bill (RUU APBN) on Wednesday had a positive effect on today’s trade. “Several domestic positive sentiments significantly helped rupiah’s […]
Read MoreThe Investment Coordinating Board (BKPM) has recorded Rp 173.8 trillion (US$11.4 billion) in investment in the third quarter, 1.4 percent lower than investment in the second quarter. Investment has continued to decline, as the figures represented a 4.9 percent quarter-to-quarter decline in the second quarter, which was recorded at Rp 176.3 trillion. BKPM head Thomas Lembong attributed […]
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