Bali’s ‘big leap’: from holiday paradise to international financial centre
The News
Indonesia is pushing ahead to transform Bali into an international financial centre, with parliament set to debate new laws this week. A key conference cited Hong Kong as a model and set targets. Minister Rosan Roeslani, who heads sovereign wealth fund Danantara Indonesia, stated this is part of Jakarta's efforts to attract investors.
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The Analysis
Intelligence Brief
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Bali to become an international financial centre
Indonesia is pushing ahead to transform the holiday island of Bali into an international financial centre.
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Key findings
Rosan Roeslani said the financial centre was part of Jakarta’s efforts to establish itself as a trusted destination for investors.
South China Morning Post- Bali to become an international financial centre
- Part of Jakarta's efforts to attract investors
Plain English
Loaded language removedIndonesia is moving forward to transform the holiday island of Bali into an international financial centre, with its parliament set to debate new laws this week while a key conference set out targets and cited models such as Hong Kong as an example.
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Claims
Rosan Roeslani said the financial centre was part of Jakarta’s efforts to establish itself as a trusted destination for investors.
South China Morning PostIndonesia is pushing ahead to transform the holiday island of Bali into an international financial centre.
South China Morning PostThe Indonesian parliament is set to debate new laws this week regarding the financial centre.
South China Morning PostA key conference set out targets and cited models such as Hong Kong as an example.
South China Morning PostMinister of Investment and Downstream Industry Rosan Roeslani heads state-owned sovereign wealth fund Danantara Indonesia.
South China Morning Post