Indonesia will conduct the second World Conference on Creative Economy (WCCE) which will be planned to take place in Bali on November 2018. The Ministry of Foreign Affairs and the Creative Economy Agency (Bekraf) said that the creative economy is one of the booster of economic growth and development in the future by cultivating Indonesian culture. The upcoming WCCE 2018 is expected to arrange a basic standard for creating a conducive environment to the growth of Indonesia’s creative economy.

The creative economy have been growing very impressively in this country and becoming an important contributor to social and economic development. Startup companies that based on information technology, such as Go-Jek, Traveloka, Tokopedia and BukaLapak that started their business in the last few years, now each value has exceeded more than one billion USD.

Those four Indonesian startup companies have already been becoming unicorns because each asset is one billion USD or more. Vice Chairman of Bekraf, Ricky J Persik, revealed that the creative economy sector has contributes 7.43 percent of the total GDP in Indonesia, or about 70 billion US dollars.

Approximately 17 million people are worked in the creative economy in Indonesia. "One of the challenges is how to bring this creative industry into a main booster of the country’s economic sector in the future," said Ricky. The creative economy is predicted to be one of the booster of economic growth and global development in the future.

Now the creative economy has became an economic booster with a capitalization of 2.25 trillion US dollars, which provides nearly 30 million jobs worldwide. The more important fact is that the contribution of the unicorn companies are not only looking to the company’s economic value and financial benefit, but have also been able to empower the local community in an inclusive way.

Indonesian Comics, Main Sector of Creative Economy

Indonesian comics are growing as the platform allows by the readers to read them through mobile phones or computers. Head of Creative Economy Board (Bekraf) Triawan Munaf feels optimistic that comics have great potential that will push the creative economy of the country.

"The synergy among the various sub-sectors of the creative economy will strengthen the industry, and the comics are the main sectors," Triawan said. The managers of The Intellectual Property of Indonesia which focus on unity of comic industry in Indonesian Comics Association (AsosiasiKomik Indonesia/AKSI).

Faza Meonk as Chairman of AKSI and Imansyah Lubis as the General Secretariat of AKSI admited that in a few years Indonesian comics have successfully collaborated with some other entertainment industries. In 2017, there are two Indonesian movies which are adapted from the comic book, "Valentine" and "Si Juki the Movie."

Moreover, currently the collaboration among comics with games, performing arts, and music has been conducted. "Indonesian Comics are the main of all that (creative economy industry). Comics are the first idea of character that then appear to become some characters in some stories. So the basic story is from comics," said Triawan.

The government promised to support constantly to push the growth of creative economy in Indonesia, including comics industry as one of its focus. Next year Indonesia will become a Country Focus in London Book Fair. Indonesian comics will be the one of the center of attention at London Book Fair next year.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

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The Association of Bali Travel Bureau (Asita) Bali is preparing a tour package including the tourist villages tour to provide a different experience of Indonesian culture for IMF and World Bank delegations. The tour will be held while they have a financial meeting in Bali on October 2018.

"The staff do not want to offer a common tour packages, they will offer different experience, new experience including adventure tour," said Chairman of Asita, Bali Ketut Ardana in Kuta. According Ardana, tourist villages that will be prepared in the tour package are Penglipuran in Bangli Regency, Pinge in Tabanan Regency and Bongkasa in Badung Regency.

Tour and travel agents in Bali are already giving information with the village tour managers to welcome the delegations if they are interested in traveling to the villages. In Bali, there are more than 100 tourist villages spread across nine districts/cities.

Beside the tourist villages, other popular tourist destinations are also offered such as Tanah Lot, Uluwatu, Ubud, and other destinations. With a large number of delegations about 15,000 people from 189 countries, not including their family members, then that will be an opportunity to increase the income of the tour agencies.

Ardana predicts the raising of travel business activities and profit will be about 20 percent of normal transaction. The Minister of Tourism, Arief Yahya, previously explained that Indonesia Government offers 60 tourist packages for IMF and World Bank delegations.

The tour Package are spread across seven tourist destinations which are Bali, Lombok, Banyuwangi, Labuan Bajo, Yogyakarta, Toraja, and Lake Toba. From the 60 tour packages, 33 of them are destination that often offered to tourists. The government also have checked and confirmed the readiness of the destinations that are offered to the delegations.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

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In the near future Indonesian Government plans to develop 10 ‘New Bali’ destinations as special economic zone (SEZ), namely Lake Toba in North Sumatra, Tanjung Kelayang in Bangka Belitung, Tanjung Lesung in Banten, Kepulauan Seribu in Jakarta, Borobudur in Central Java, Bromo, Tengger and Semeru in East Java, Wakatobi in Southeast Sulawesi, Mandalika in West Nusa Tenggara, Labuan Bajo in East Nusa Tenggara and Morotai in North Maluku.

SEZ development is intended to facilitate the regulatory handling which has been a constraint in encouraging the growth of tourism industry in Indonesia. SEZ is believed will facilitate investors in smoothing business permit as all government representatives agency will be placed in one place. This is expected to attract more investors to Indonesia, especially in tourism industry.

The tourism sector is relied upon to support foreign exchange earnings this year at US $ 20 billion, increase 20% from 2017, which is estimated around US $ 16.8 billion. The increase of foreign exchange will come from the 17 million foreign tourists which believed will grow 22% this year.

The number of tourist visits in Indonesia is still dominated by domestic tourists which is targeted at 270 million. However, as foreign exchange will only obtained from foreign tourists, so government needs to ease the entry visa as well as preparing new tourist destinations. Currently, 169 countries have enacted a policy of free visa for foreign tourists for tourism purposes.

Source:
https://finance.detik.com/berita-ekonomi-bisnis/d-3841057/jaring-investor-danau-toba-hingga-morotai-akan-dibangun-kek

Disclaimer: This article is a summary of news articles obtained by Inesia from a number of mass media. Inesia is not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

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