Search results for the query: economy

Finance
Upd. 10/12/24
Three Bright Signs for Indonesia’s Economy

By the end of 2024, Indonesia’s economy is facing challenges that demand close attention.

Key issues include rising unemployment and a shrinking middle class. The manufacturing sector, once the backbone of the economy, is struggling due to increased competition from imports and weakened do…

Three Bright Signs for Indonesia’s Economy
News
Upd. 21/08/25
Bali to Tighten Tourist Tax Collection System

The Bali government is launching a new reward scheme for those who help collect the tourist tax. It will include hotels, villas, tourist sites, and travel agencies.

Governor Wayan Koster reminded that under the new regional regulation No. 2 of 2025, partners can earn up to three percent commission for participating in tax collection. In 2024, the island received…

Bali to Tighten Tourist Tax Collection System
News
Upd. 06/01/26
Bali Will Check Foreigners’ Savings on Arrival

The Bali authorities are preparing a regional law on "quality tourism" and want to check the financial stability of foreign travelers.

It’s not about a fixed amount in the account. They will look at the bank statement for the last three months and compare the funds with how long the person plans to stay in Bali and what activities th…

Bali Will Check Foreigners’ Savings on Arrival
News
Upd. 11/12/25
No More Chocolate: Bali’s Cocoa Farms Fade Out

Bali plans to rejuvenate cocoa trees. Plants over 20 years old no longer yield fruit. Currently, out of 13,398 hectares of plantations, 2,000 are occupied by old and damaged trees. The yield is fallin…

No More Chocolate: Bali’s Cocoa Farms Fade Out
News
Upd. 08/12/25
Authorities in Bali Prepare Airbnb Restrictions

Bali Governor Wayan Koster has openly opposed the giants of short-term rentals. At the 15th Regional Conference of the Indonesian Hotel and Restaurant Association (PHRI) in Denpasar, he stated: "We wi…

Authorities in Bali Prepare Airbnb Restrictions
News
Upd. 19/01/26
Indonesia Simplifies Rules for Investors

Opening a company with foreign capital in Indonesia has become easier. The minimum paid-up share capital is now reduced from 10 to 2.5 billion rupiahs. The rules changed on October 2, 2025, when the n…

Indonesia Simplifies Rules for Investors