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Indonesia Plans To Offer Remote Work Visa That Lets You Stay in Bali for Up To Five Years

Indonesia is launching a new five-year visa for remote workers, according to a report from Bloomberg. As part of the country’s push to lure higher-spending, longer-staying travelers to its islands, government and tourism officials believe a Bali digital nomad visa that doesn’t require renewal every 30 or 60 days is key to bringing in expats. The country […]

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Indonesia – Economists see May and June numbers above headline rate: Food inflation easing, but to stay above comfort level

Indonesia lifting a three-week-old ban on palm oil exports and the government’s decision to curb wheat exports will help ease food inflation and thereby the overall consumer price index (CPI) inflation in the coming months, according to economists. However, food inflation may still remain above the headline rate in the short term. Food inflation came […]

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Indonesia to lift palm oil export ban from Monday

JAKARTA: Indonesia will lift its palm oil export ban from Monday, May 23, following improvements in the domestic cooking oil supply situation, President Joko Widodo said on Thursday. The decision to lift the ban was taken despite the price of bulk cooking oil having not yet reached the targeted 14,000 rupiah per litre price, as […]

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Indonesia: Trade surplus prints record figures in April – UOB

Enrico Tanuwidjaja, Economist at UOB Group, comments on the recently published trade balance figures in Indonesia. Key Takeaways “Indonesia’s trade surplus hit all-time high in April 2022 to reach USD7.5bn vs. USD4.5bn in March 2022.” “Mineral fuels and oils were leading the gains in overall exports’ strong surge last month, but amidst the CPO export […]

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