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Economy - overview:
Indonesia, a vast polyglot nation, has struggled to overcome the Asian financial crisis, and still grapples with high unemployment, a fragile banking sector, endemic corruption, inadequate infrastructure, a poor investment climate, and unequal resource distribution among regions. Indonesia became a net oil importer in 2004 because of declining production and lack of new exploration investment. The cost of subsidizing domestic fuel placed increasing strain on the budget in 2005, and combined with indecisive monetary policy, contributed to a run on the currency in August, prompting the government to enact a 126% average fuel price hike in October. The resulting inflation and interest rate hikes will dampen growth prospects in 2006. Keys to future growth remain internal reform, building up the confidence of international and domestic investors, and strong global economic growth. In late December 2004, the Indian Ocean tsunami took 131,000 lives with another 37,000 missing, left some 570,000 displaced persons, and caused an estimated $4.5 billion in damages and losses. Terrorist incidents in 2005 have slowed tourist arrivals. Indonesia experienced several human cases of avian influenza in late 2005, sparking concerns of a pandemic. |
Trade Fairs,
Exhibitions, Conferences: |
Bali Export Development Organisation (BEDO)
In the framework of the EuroBali project the Bali Export Development Organisation was founded as a non-profit organisation under Indonesian law, with the assistance of all partners. Founders and first leading members of BEDO are those balinese SMEs, who were the target group of the EuroBali training programme. BEDO promotes its members’ products towards the European and international market.
Bali International Convention Centre
The Bali International Convention Centre is situated right on Nusa Dua Beach, 30 kilometers from Denpasar and 10 kilometers from the Ngurah Rai International airport. The Centre boasts a total of almost 5,000 square meters of exhibition space with excellent vehicle access. There are two interior areas of 1,350 square meters each and 2,000 square meters of outdoor exhibition space.
Debindo
Meeting Incentive Conference & Exhibition Organizer
Dyandra's Exhibitions
Exhibition organizer, Dyandra Promosindo has conducted over 128 exhibitions in Jakarta and other cities of Indonesia.
EuroBali
EuroBali is an Export Network of the Institute for Economic Promotion of the Austrian Federal Economic Chamber (WIFI), FORMAPER (Special Agency of the Milan Chamber of Commerce, Industry, Crafts & Agriculture) and the Kuta Small Business Association (KSBA), to assist Indonesian SMEs in accessing the EU marketplace, to enhance local business skills and to foster European-Indonesian business links.
Inacraft
Jakarta International Handicraft Trade Fair, exhibition of Gifts and Housewares.
Organiser: ASEPHI in corporation with PT. Mediatama Binakreasi
Venue: Jakarta Convention Centre, Jakarta, Indonesia
Indocraft
Indocraft Expo is a largest of Craft, Fashion and Accessories Exhibition in Indonesia. It is a place to promote and exhibit variety of product from assorted craft, latest and traditional fashion and accessories from all over Indonesia.
Organiser: Debindo
Venue: Jakarta Convention Centre, Jakarta, Indonesia
ITAF
ITAF is the most effective marketing platform for textile and apparel manufacturers to increase market share in the world's fastest growing marketplace.
Organiser: Antheus Indonesia PT.
Venue: Jakarta International Expo, Jakarta, Indonesia
Jakarta Convention Center
Located in the business district and near the Jakarta Stock Exchange, the Jakarta Convention Center is the largest and best equipped facility in the region. It offers versatility, modern efficiency and traditional Indonesian hospitality - all designed to serve the world's professional and government leaders.
NAFED
Manufacturers around the world often need assistance in identifying and developing overseas markets for their products. To help Indonesian manufacturers, the National Agency For Export Development (NAFED) was set up in 1971 as a special service agency of the Ministry of Trade, now the Ministry of Industry and Trade.
Rantai Expo Internasional
Exhibition and conference organizer specializing in business-to-business events on behalf of the Indonesian government and public sector companies. |
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