Business News
Promoting Local Economic Expansion, BI Organizes Capacity Building for Kaltimpreneurs to Enhance SMEs' Export Capabilities
The Bank Indonesia Representative Office for East Kalimantan Province organized the 2023 Export Capacity Building Program, named Export Kaltimpreneurs, for novice exporters in the micro, small, and medium enterprises (UMKM) sector. The event took place at Hotel Midtown Samarinda on Wednesday (9/8). Hendik Sudaryanto, Deputy Head of the Bank Indonesia…
OJK's Intention to Regulate Bank Dividends: Exploring the Specifics
The Financial Services Authority (OJK) is looking into regulating the dividend pay-out ratio provided by the banking industry to shareholders in order to optimize the industry's growth. Dian Ediana Rae, the Executive Director of Banking Supervision at OJK, mentioned that they won't specifically set a fixed percentage for the dividend…
Rise in Domestic Tourism in Italian Villages: 'Opting for Rural Vacations for Savings'
Around 3 out of 4 Italians (72%) have chosen to visit small Italian villages, motivated by the search for hidden gems and primarily to save money by avoiding crowded tourist destinations. This trend is highlighted by a Coldiretti-Ixè survey on Italian vacations. The research emphasizes how destination choices have shifted…
Golden Visa for Foreigners Expected to Boost Investment and Tourism in Batam
The government has issued a new policy regarding the issuance of golden visas for foreign investors. This golden visa provides a streamlined process for a period of 5-10 years. The Head of the Cultural and Tourism Office (Disbudpar), Ardiwinata, explained that the golden visa is introduced to encourage both investment…
