Trump Jr.'s Investment Sign of Positive Climate, Says Observer

Translator

Ricky Mohammad Nugraha

Editor

Petir Garda Bhwana

Rabu, 14 Agustus 2019 08:42 WIB

TEMPO.CO, Jakarta - Rector of the Kwik Kian Gie Informatics & Business Institute, Hisar Sirait, argues that the property and tourism resort investment by Donald Trump Jr. is a clear sign that the investment prospect and businesses in Indonesia will be profitable.

“This means that Donald Trump sees an investment and property business prospect in Indonesia that is profitable,” said Hisar Sirait in Jakarta yesterday.

Hisar maintains that this will present a positive sentiment for market practitioners since the move will spark capital flow, and in its short term, will be able to correct the country’s Rupiah exchange rate.

“The next is if he establishes a property there and international-standard resorts, it will become a bridge to rebrand Indonesia’s tourism. This will automatically attract international tourists,” said Hisar.

US President Donald Trump’s son, Donald Trump Jr. is set to invest in Lido, Sukabumi, West Java, and Bali in the form of a Trump Residencies, an integrated ultra-luxurious resort.

ANTARA

Related News

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

10 jam lalu

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

Here is the list of the top 3 news on Tempo English today.

Read More

Microsoft's Promises Behind Jumbo Investments for Indonesia

18 jam lalu

Microsoft's Promises Behind Jumbo Investments for Indonesia

Microsoft is confirmed to invest in Indonesia over the next 4 years, with a focus on developing artificial intelligence (AI) and cloud computing.

Read More

Jokowi Discusses Huge Investments in AI with Microsoft CEO

1 hari lalu

Jokowi Discusses Huge Investments in AI with Microsoft CEO

President Jokowi received a working visit from Microsoft CEO Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30.

Read More

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

1 hari lalu

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

Jokowi received a working visit from Microsoft Chief Executive Officer Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30, 2024.

Read More

Indonesia Prioritizes Local Investors in IKN, Says Minister Bahlil

2 hari lalu

Indonesia Prioritizes Local Investors in IKN, Says Minister Bahlil

Indonesian Investment Minister Bahlil Lahadalia said the government would prioritize domestic investors in the IKN project.

Read More

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

2 hari lalu

Jokowi, Lee Hsien Loong Discuss Defense, Investment, and ASEAN Issues

Indonesian President Jokowi and Singapore PM Lee Hsien Loong emphasized the importance of continued cooperation between the two countries.

Read More

Indonesia Discusses Sport Infrastructure Investment with UAE

3 hari lalu

Indonesia Discusses Sport Infrastructure Investment with UAE

Indonesia's Youth and Sports Minister discussed opportunities for investment in the development of sports infrastructures with the UAE.

Read More

Transportation Minister Offers MRT Jakarta's TOD Project Investment to Japanese Stakeholders

6 hari lalu

Transportation Minister Offers MRT Jakarta's TOD Project Investment to Japanese Stakeholders

Indonesian government is ready upon request to facilitate investment in the construction of TOD along the MRT Jakarta route.

Read More

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

6 hari lalu

Indonesia, Vietnam Target Bilateral Trade of US$18 billion by 2028

Indonesia, and Vietnam have agreed to target bilateral trade worth US$18 billion or more by 2028.

Read More

Indonesia Highlights Carbon Emission Reduction at Hannover Messe 2024

6 hari lalu

Indonesia Highlights Carbon Emission Reduction at Hannover Messe 2024

The Industry Ministry discussed strategic measures to curtail carbon emissions in the industrial sector at Hannover Messe 2024 in Germany.

Read More