Nusa Dua, Bali – November, 2024 – Condé Nast Traveller today announced the results of its annual Readers’ Choice Awards with Grand Hyatt Bali recognized as the #4 Best Resorts in Indonesia. More than 575,000 Condé Nast Traveler readers across the United States submitted responses rating their travel experiences across the globe to offer a comprehensive […]
For adults, taking care of the home isn’t just about food and drink. It’s about creating a clean, comfortable space and meeting all those other important needs. However, finding the time and energy for household upkeep can be challenging. Long working hours and fatigue often make it difficult to handle these tasks on our own. […]
In general, a representative office in Indonesia can be counted as an easy entry vehicle for foreign companies interested in testing the Indonesian market. Such offices can carry on market research and relationship-building without being required to make the normal commitment of a fully operational set-up. Definition and Purpose A representative office is a non-profit-oriented organisation but acting on behalf of a foreign parent company in Indonesia. These […]
In essence, business licenses are indispensable to conduct business in Indonesia-a country with an economy that poses different kinds of opportunities for entrepreneurs. This article provides an overview necessary for understanding business license and permits, the types of business licenses required, the application process involved, and the applicable legal framework governing such licenses. What is […]
TIME Magazine released its list of the World’s Best Companies in 2024. To make this list, TIME Magazine collaborated with Statista, a leading international provider of market and consumer data and rankings. This list includes five companies from Indonesia. The five companies listed on the Indonesia Stock Exchange (IDX) are PT Astra International Tbk (ASII), […]
In a bid to make air travel more affordable for Indonesians, the Ministry of Transportation is exploring various options to reduce airfares, including the potential removal of ticket taxes. This move could see ticket prices drop by up to 11%, according to the ministry. The Transportation Policy Agency (BKT) within the Ministry of Transportation is […]
Franchising is a popular business model for entrepreneurs seeking growth and success. Leveraging an established brand and proven systems, it offers numerous benefits that accelerate the journey to profitability. Established Brand Recognition Investing in a franchise means you gain instant access to a recognized brand. This reduces the time and effort needed to build brand […]
Family offices are increasingly being discussed as an investment opportunity in Indonesia. Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan first raised this discourse on the sidelines of the World Water Forum in Bali in May 2024. Family Office Plans in Indonesia At that time, Luhut Binsar Pandjaitan proposed establishing a family office […]
In a concerning development, Indonesia’s Temporary National Data Centre (PDNS) has been under siege by a ransomware attack for the past week, prompting the National Cyber and Encryption Agency (BSSN) to launch an intensive response. BSSN Chief Hinsa Siburian revealed that the perpetrators are believed to have used a new variant of ransomware to target […]
Following the global recovery from the COVID-19 pandemic, the Indonesian tourism sector has rebounded strongly, with a steady increase in international tourist arrivals year after year. In the first four months of 2024, the number of international visitors reached its highest point in four years, according to Acting Head of Statistics Indonesia (BPS), Amalia Adininggar […]