Day: August 6, 2022

Labuan Bajo & Golo Mori

Even when G20 Summit has been relocated to Bali Island, we notice fast development of tourism infrastructure in Labuan Bajo and Golo Mori, West Manggarai regency, Flores Island, East Nusa Tenggara province. There are at least 11 global hotel chains building resorts in the tourism destination.

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The Economy in the First Half & Outlook

Indonesian economy expanded 5.44% year-on-year in the second quarter, lifted by stronger household consumption, investment, and export. All major islands reported stronger growth, with Maluku and Papua, two of the eastern most islands, recorded higher than the rest. 

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August 2022
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