Liberalized Air Traffic Rights on Tap via ASEAN ‘Open Skies’ at Bali and 4 Other Indonesian Airports.
(1/20/2010) Bisnis.com reports that the Ministry of Transportation will soon designate five airports as participants in the Association of Southeast Asian Nations (ASEAN) “open skies” program commencing from 2013.
The Director General of Air Transportation, Herry Bakti S. Gumay, revealed that the five airports expected to be included in the program are: Soekarno-Hatta (Cengkareng) in Jakarta, Kuala Namu (Medan, North Sumatra), Ngurah Rai (Denpasar, Bali), Juanda (Surabaya) and Hasanuddin (Makassar, South Sulawesi).
Bakti said: “At the …

Garuda Moves Ahead with IPO
25% of Indonesian National Carrier on Sales as Garuda Restructures its Finances.
The Indonesian government has confirmed that the national airline PT Garuda Indonesia will offer up to 25% of its shares via am initial public offering scheduled for Q2 of 2010.
To this end, an underwriter has been appointed by Garuda.
The Minister for State-Owned Enterprises, Mustafa Abubakar, told Bisnis Indonesia: “25% of Garuda shares will be released to the market. The funds will be used to pay for the expansion of the company. The entire process is …

(1/1/2010) The Bali Tourism Authority (BTA) has announced that it will continue to promote in key potential markets, such as Australia and Japan. Australia and Japan continued to be the main source markets for Bali tourism in 2009 with Australia displacing Japan as the top producing country for visitors.
Beritabali.com quotes the Head of the BTA, Ida Bagus Subhisku, as saying the demand for Bali among Japanese and Australian tourist remains high, with many travelers from these markets yet to discover Bali for the first time. Said Subhisku: “Many Australians and …

Pendet Dance was once at issue in tourism domain. The dance belonging to Hindu community of Bali was displayed in a promotion package of Malaysian tourism without prior permission to the government of Indonesia whereas the dance itself purely belongs to Bali and Indonesia. The following is the brief history of Pendet Dance in Bali.
Pendet Dance constitutes a dance presentation to ancestors (Bhatara and Bhatari). It is regularly presented at the outermost courtyard of temple, facing to a shrine where Bhatara and Bhatari abide. The dance is performed by women …