Indonesia Slips Into First Recession in More Than Two Decades

Jakarta. Indonesia has fallen into a recession ... percent to 1.1 percent. Indonesia fell into a recession — which ... Covid-19 wave experienced by Indonesia's key economic partners in ... from last year, followed by hospitality sectors, which dropped by 12 ...

AstraZeneca Vaccines to Arrive in Indonesia in H1 2021

... secured vaccine supply for Indonesia from AstraZeneca," Retno ... from the vaccines Indonesia's ordered from China ... discuss wider cooperation between Indonesia and the United Kingdom ... , Indonesia and UK would improve cooperation in education, hospitality, ...

UPH, BeritaSatu and First Media Launch $6.7 Million Scholarship Program

... has been granting students across Indonesia with full scholarship be it ... seven available departments -- business integration, hospitality and tourism industry, social and ...

Moody's Sees 20% Drop in Indonesian Companies Earnings Amid Pandemic

... property companies with retail and hospitality operations, such as Pakuwon Jati ... liquidity has weakened, with the Indonesia liquidity stress indicator (LSI) rising ...

Traveloka Confident of Recovery After Securing $250m New Funding

... down to its lowest point. Indonesia, Traveloka's largest market, saw ... to surpassing 50," Ferry said. "Indonesia and Malaysia are still in ... reopening in September. Indonesia's tourism and hospitality were the sectors hardest ...

Closer to Home: Indonesians Shift Towards Domestic Travels Amid Pandemic

... for the country's hospitality sector, according to online ... Fikri Yusuf) Foreigners Dream Indonesia Trip Several travel destinations ... list data reveals that Indonesia is a popular destination ... that includes 27 destinations in Indonesia, Bhola said. "Australia, ...

KoinWorks Relaxes Loan Repayment for Businesses Hit by Covid-19

Jakarta. One of Indonesia's leading peer-to-peer ... have been crowdsourcing, tourism and hospitality. "Crowdsourcing businesses that require face ...

Indonesia Eyes Biggest Deficit in Three Decades as the Country Sets to Cut Corporate Income Tax

... with government bonds issuance. Bank Indonesia, the country central bank, has ... subsidies for the tourism and hospitality sectors. The additional spending includes ...

Airy Rooms to Close at End of May

Jakarta. Airy Nest Indonesia, a Jakarta-based hotel and ... partnerships with property partners in Indonesia – at the end of this ... travel market in Indonesia. The company became the latest hospitality business to ...

Blow to the Budget: Gov't Expects Deficit as Covid-19 Stimulus Erodes Revenue

... 5 percent. The tourism and hospitality industry, the country's largest ... due to lack of visitors. Indonesia had 18 million foreign visitors ...