Airlangga said that after his meeting with Singapore’s Minister of Communication and Information, S. Iswaran. Minister of Industry explained that, in the preparation of the implementation of Industry 4.0, the Indonesian government had launched the roadmap of Making Indonesia 4.0 which was inaugurated by the President of Indonesia Joko Widodo.

“So, there is a clear direction for the development of the competitiveness of our manufacturing sector in the future, including our targets,” he said. Based on the Making Indonesia 4.0, there were five manufacturing sectors that will focus on the early stages, which were the food and beverage industry, textiles and apparel, automotive, electronics and chemicals.

“The target is Indonesia will be the seventh strongest economy country in the world in 2030. In fact, in 2050, Indonesia is efforted to be ranked fourth in the world,” he explained. Airlangga believed this digital economic cooperation will make the increase forwardof the economy of Indonesia and Singapore. Furthermore, it will potentially make the increased investment and competence of human resources (HR), and also, the transfer of technology and innovation.

These positive impacts were suit with the 10 national priority steps in Making Indonesia 4.0. “For example, building a national digital infrastructure, improving the quality of human resources, and the development of innovative ecosystems,” he said.

In the effort to support the development of the digital economy in Indonesia, the Ministry of Industry had facilitated through built of incubation buildings for startup businesses, such as Bandung Techno Park, Bali Creative Industry Center (BCIC) or TohpaTI Center, Incubator Business Center in Semarang, Makassar Technopark, and Mobile Design Center in Batam.

For Indonesia-Singapore cooperation, the potential of ideal digital hub location was in Batam, because it was nearest and strategic. “We and also with the private sector boost the development of Nongsa Digital Park in Batam,” said Airlangga. These facilities became the basis of innovation and creativity for Indonesian young generation who wanted to develop software, web, application, film and animation, and also, other digital programs.

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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Currently Indonesia is managing to create a world class vegetarian tourist destination following the growing number of the vegetarian community tourist who come to Indonesia to enjoy Indonesian culture, especially from India and China. "The world’s vegetarian community are about 500 million people, the largest members are in India which are about 350 million, and in China which are about 50 million. Both of countries are included on the Top 5. The major foreign tourist are from China, Europe, Australia, Singapore and India," said Tourism Minister Arief Yahya.

The most tourists who visit to Indonesia are from China, which are reaching 2.2 million, with the growth is 42 percentand the most foreign income that could be gained compared to other foreign tourists. Basically, tourists from China are on the top according tothe amount, sustainability or growth, and spread or earnings of foreign income.

Starting this year, tourists from India are ranked number fifth on the Top 5 of foreign tourist. Indonesia has targeted to gain 700 thousand Indian tourists, and the growth of 40 percent of tourists from this country. Last year the amount of tourists from India which visit to Indonesia are about 485,000 tourists. They were more than the amount of tourist from Korea, and this year will be more than tourist from Japan.

Indonesian vegetarian community has digitally managed 10 vegetarian tourist destinations, including those which already launched in Belitung, Banten, Tomohon, Batam and Pontianak. The community also has mentioned 10 vegetarian food in Indonesia, such as: gado-gado, tamarind soup (sayurasem), fried rice, and pecel.

"Initially when tourist asked are there any vegetarian tourist destinations in Indonesia, one of them is in Belitung, which is a tourism village with organic garden. There are also 10 kinds of favorite vegetarian food, such as gado-gado, fried rice, and pecel," said Arief. According to Oliver’s Travel’s The Global Vegetarian Index, Indonesia’s current position is on 16th out of 183 vegetarian friendly countries or entering on the Top 20 Vegetarian-Friendly Countries.

On the Top 20 Vegetarian Friendly Countries, Seychelles are on the top, the second is Thailand, and the third is Malaysia. The amount of vegetarian restaurants in Indonesia are 438 restaurants, while Malaysia has 1,185 restaurants, Thailand has 908 restaurants, and Singapore has 654 restaurants.

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.

Contact Us Now to get your legal solution for your business goals.
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Singapore is still on the top of the list as the biggest investor in Indonesia during the first three months in Indonesia. "Singapore is still on the top of the amount of investment with 2.65 billion US dollars in the first quarter of 2018," said Deputy of Controlling The Implementation Investment on Investment Coordinating Board (BKPM) Azhar Lubis.

On the second position is Japan with the total investment of 1.36 billion US dollars, and followed by South Korea with 940 million US dollars. On the fourth position, China with the investment of 676.2 million US dollars, and on fifth position is Hong Kong with 516.1 million US dollars.

Azhar explained that although the position of China went down one rank, but according the amount of investment amount, it has continued to increase compared to the same period on the previous year. "China’s investment on the first quarter of 2018 (nearly) 700 million US dollars. On the same period in 2017, China was on the third ranked with (investment) about 600 million US dollars. The Grade of rating went down, but from the nominal and percentage China has risen," he explained.

On the same time, Chairman of BKPM Thomas Trikasih Lembong said that the increasing of China’s investment trendis not only happening in Indonesia but also around the world. China is the main of trading partner of 121 countries in the world. Furthermore, this country is also a major source of international tourists of many countries around the world, especially after becoming the strongest economy in Asia Pacific.

"So It is common that logically China must be one of the biggest investors in almost all countries in Asia Pacific, even in the world," he said. BKPM noted that the realization of the amout of investment during the first quarter of 2018 is Rp185, 3 trillion. It is increased of 11.8 percent over the same period in 2017 that the amount wasRp165, 8 trillion.

The realization of domestic investment (PMDN) isRp76, 4 trillion, has risen 11 percent from the same period of the previous year that amount of Rp68, 8 trillion. There is also the realization of foreign investment (PMA) of Rp108, 9 trillion, up to 12.4 percent from the achievement in the same period of the previous year that amount ofRp97 trillion. The Total Jobs that have created during January-March 2018 were 201,239.

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.

Contact Us Now to get your legal solution for your business goals.
Email : info@investinindonesia.id
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