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Search resuls for: "Coordinating Ministry of Maritime and Investment Affairs"


2 mentions found


Bali considering a ban on new hotels amid overtourism struggles
  + stars: | 2024-09-10 | by ( ) edition.cnn.com   time to read: +2 min
The moratorium is part of the government’s bid to reform tourism on Bali, one of Indonesia’s main attractions, to try to boost quality and jobs while preserving the island’s indigenous culture. The governor’s office and Indonesia’s tourism ministry did not immediately respond to requests for comment on Monday. Luhut has previously said about 200,000 foreigners now live in Bali, contributing to problems such as crime, over-development and competition for jobs. Foreign arrivals in Bali have surged since it re-opened for tourism after the COVID-19 pandemic. There were 541 hotels in Bali last year, the figures show, up from 507 in 2019.
Persons: Hermin, Sang, Mahendra Jaya, Luhut Pandjaitan, Luhut Organizations: Reuters —, Coordinating Ministry of Maritime and Investment Affairs, Reuters Locations: Reuters — Indonesia, Bali, Indonesia
Indonesia lowers VAT on electric vehicles to 1%
  + stars: | 2023-04-03 | by ( ) www.reuters.com   time to read: +1 min
A VAT cut was also applied to some electric buses, it said. Indonesia is stepping up efforts to lure investment into domestic production of EV batteries and EVs to utilise its rich reserves of nickel, which is processed for battery production. Officials have been trying to attract investment from electric car makers such as Tesla and China's BYD Auto. South Korea's LG and Hyundai have already started constructing plants to assemble batteries and EVs in the Southeast Asian country. Indonesia said last month it would allocate 7 trillion rupiah ($466.70 million) in state funds to subsidise electric motorcycle sales through 2024.
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