Since the country’s transition from communism two decades ago, the Mongolian economy has experienced rapid liberalisation. Sectors including ICT and insurance are expanding quickly and, while the mining sector has been responsible for making Mongolia a rising star in the global economy, there is great potential for further growth in all economic sectors.
After hosting a number of international events, following the launch of a new national strategy to develop business tourism, Indonesia is becoming a choice destination for the meetings, incentives, conferences, and exhibitions (MICE) segment. Jakarta, Bali and emerging regional centres have expanded facilities to meet demand, with the Ministry...
After welcoming 8.8m visitors in 2013, Indonesia’s tourism industry is set for further expansion in 2014, bolstered by growing foreign investment in hotel construction. While Bali and Jakarta typically receive most international visitors, the pristine and unique province of East Nusa Tenggara (ENT) is also slated to see its visitor arrivals and...
As concerns grow that an over-reliance on resource-related exports could see Indonesia repeat the boom-bust cycle of its past, the country is being encouraged to accelerate moves to diversify its economy away from commodities and towards areas such as the creative industries. Two major fashion events, Jakarta Fashion Week and Indonesia Fashion...
Throughout 2014, the Ministry of Tourism and Creative Economy will begin establishing 561 tourism villages in 19 regions across the archipelago, and aim to expand to 1400 in the coming years. An effort to engage the public more directly with tourism, localise sector earnings and maximise authenticity of the tourist’s experience, the ministry...
What outbound tourism trends are you noticing with the rise of Indonesia’s middle class, and how can tour operators accommodate this?
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