Two Dutch men have been banned from re-entering Indonesia over alleged violations and discrimination.
The two men, who are accused of favouring foreigners for their events, allegedly violated immigration laws.
Bali has “aura” and political titan Luhut Pandjaitan wants to channel it to transform Indonesia’s famed resort island into an international financial centre. But President Prabowo Subianto’s special adviser and economic tsar is not relying on subtle nods to Gen Z slang to sell paradise. Instead, he conjures up a striking image to make his case. A friend recently sent him a photograph of kamikaze drones lighting up the skies over Abu Dhabi, accompanied by a plea: help us get out. Indonesia,...
Indonesia’s Danantara must outlive political administrations to prove its worth to investors and most importantly to the people, according to the sovereign wealth fund’s chief investment officer. Pandu Sjahrir said the fund was focused on the demutualisation of Jakarta’s stock market and to support the establishment of the first financial centre in Bali to boost investor confidence. “Investment is almost everything for us. Confidence is the name of the game, and we have to create long-term...
Indonesia is pushing ahead to transform the holiday island of Bali into an international financial centre, with its parliament set to debate new laws this week while a key conference set out targets and cited models such as Hong Kong as an example. Minister of Investment and Downstream Industry Rosan Roeslani, who heads state-owned sovereign wealth fund Danantara Indonesia, said the financial centre was part of Jakarta’s efforts to establish itself as a trusted destination for investors seeking...
In a quieter part of western Bali, far from the crowds and chaos of the south, a 38-year-old housewife was bitten by a stray cat while hanging out laundry in May. Within weeks, she was dead: one of five people killed by rabies on the Indonesian resort island so far this year. The following month, a rabid dog kept as a family pet in the same region, Jembrana regency, attacked two children and an adult. All three survived, thanks to swift post-exposure vaccination after tests confirmed that the...