With decades of economic protectionism inhibiting investment, Indonesia moved to implement dramatic reforms in February 2016, with President Joko Widodo’s announcement of the 10th of 12 economic stimulus packages. The leader described the reforms as a “big bang” relaxation of restrictions on foreign investment, with the highlight being that 35...
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AMBHARA HOTEL Jalan Iskandarsyah Raya No. 1 T: +62 (21) 270 0888 F: +62 (21) 722 0582 reservation@ambharahotel.com www.ambharahotel.com Rooms: 222 rooms, including deluxe rooms, junior suites and executive suites. Health & Leisure Facilities: Health club with gym, sauna, spa and outdoor swimming pool. Guest Services: Courier, shuttle and...
ETIQUETTE: Indonesians do not like conflict. Friendly, outgoing and peaceful are the norms for interaction. For this reason, saving face and not being caustic are very important for travellers to remember. It is more efficient to deal with any problem with a smile and patience than by raising your...
Already in operation for a year, Indonesia's national health insurance scheme (JKN) aims to provide cover to the entire nation by 2019, and private insurers are paying close attention. The JKN is expected to create opportunities for the private sector, as Indonesians become more aware of their insurance needs and potentially more inclined to buy supplemental cover. “The...
The ASEAN Economic Community’s (AEC) launch in 2015 is likely to have an impact on the region’s insurance industry. As the single market emerges, financial services will become borderless, products from one country will be sold in others, labour will be portable and companies will branch out into markets outside their home jurisdictions. However, the method and pace of...
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