"Hopefully in September this year East Belitung Geopark will be on the UGG list," the Head of Kelapa Kampit Sub-district Administration, Yuspian, said in East Belitung, on Wednesday.
He added that East Belitung Geopark is different from other areas in the district as it has a combination of biological, geological, and cultural aspects.
"If it is approved by UNESCO, East Belitung Geopark will be Indonesia`s third UGG," he said.
Yuspian explained that the geological sites in East Belitung are quite large, including open pits, Keran Island, mangroves, and Mount Lumut.
On its website UNESCO defines Global Geoparks are single, unified geographical areas where sites and landscapes of international geological significance are managed with a holistic concept of protection, education and sustainable development. Their bottom-up approach of combining conservation with sustainable development while engaging local communities is becoming increasingly popular.
At present, there are 127 UNESCO Global Geoparks in 35 countries, including two areas in Indonesia, namely, Batur in Bali and Gunung (Mount) Sewu in the Southern Mountains of East Java.
Batur UNESCO Global Geopark covers an area of 370.5 square kilometers. It has outer-caldera wall which surrounds the inner-caldera wall, Mt. Batur and the lake. Meanwhile, Gunung Sewu which extends east-west along 120 kilometers is a depression zone occupied by Merapi and Lawu active volcanoes. ( antara )
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March
Korea Interested to Invest in Transportation Sector in North Sumatra
Written by Published in Indonesia Today
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The Korea Rail Network Authority (KRNA) stated their interest to invest in mass transportation sector in North Sumatra.
"Our management is ready to conduct cooperation with the North Sumatra provincial administration in building the mass transportation," the General Manager of Overseas Cooperation of Korea Rail Network Authority, Dae-Geun Park, said here on Wednesday.
Park said the company interested to invest in North Sumatra as the province has potential economic resources to be developed further. He has met the executive of N Sumatra Regional Secretary, Ibnu Hutomo.
The KRNA is a Korean company that construct Light Rapid Transportation and Bus Rapid Transportation. The Korean company interest is inline with the Indonesian government`s plan that invites the private sector to invest in the transportation facility.
Hutomo said the N Sumatra Administration also interested to the proposal of KRNA, particularly the construction of railway.
"The provincial administration wants to have a railway that connect Medan or several regions such as Pematangsiantar-Parapat, Toba Lake-Pematang Siantar-Parapat-Silangit Airport of North Tapanuli," Hutomo added.
The adequate transportation facility can support to increase tourist visits to Lake Toba, he said. The provincial administration also wants to connect several cities such as Medan-Binjai-Deli Serdang-Karo. (antara)
March
Indonesia to Offer More Tax Incentives for Investors
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The Indonesian government will offer more interesting tax incentives than other ASEAN countries, to lure more investment inflow, Finance Minister Sri Mulyani Indrawati stated. The incentives are made to finalize all investment`s regulation in Indonesia that had been ordered by President Joko Widodo (Jokowi).
"We have done a benchmarking and in terms of allowance and holiday, our offers will be much better than Thailand, Malaysia, Vietnam, and Philippines," she noted in Jakarta on Tuesday.
The Finance Minister noted the incentive package will be announced by President Jokowi in April this year, in order to give global`s confidence towards economic growth, emerging market, and conducive investment`s climate in Indonesia.
"The government has undeniable commitment to reform investment policy. We will provide ease of doing business, simplification, service, and certainty," she said.
Indrawati revealed that there would be some radical changes in the incentives` package on tax holiday and tax allowance. Indonesia will give a certainty of 100 percent tax holiday to replace existing 1 percent rate.
"Every qualified business that gets facility will be receiving a 100 percent tax holiday in a certain of period, which depends on its investment`s values. The bigger, the longer it will get a tax holiday," she noted.
Indonesia would also offer tax allowance for pioneers category in order to expand its business capacity. This category could also choose to receive tax holiday or tax allowance.
"For small-medium enterprises with under Rp4.8 billion (turnover), we will cut their income tax from 1 percent to 0.5 recent," said Indrawati.
The low income tax incentives would also be given to research and development investments in order to encourage product innovation. ( antara )
March
The administration of East Belitung District, Province of Bangka Belitung, has proposed a geopark in the area to be included in the UNESCO Global Geopark ( UGG ) list in order to enhance tourism development and increase the number of tourist visits.
March
The Executive Director of Indonesian Institute of Sciences (LIPI), Bambang Subiyanto, expressed hoped that the "Indonesia Science Expo" (ISE) 2018 could be known worldwide as an international science and technology exhibition. ISE 2018 has been held thrice, with the previous ones held in 2015 and 2017. ISE 2018 will feature some research results of Indonesian researchers.
"We had participants from abroad last year; hopefully, this year`s event will be more inspiring," he stated in the press release here on Wednesday.
The aim of this science fair is to echo the results of the research to make the public understand the significance and role of research, science and technology, and innovation for a better life in the future.
"We will invite LIPI partners from different countries to participate. Besides, there will also be a `Youth Science Fair,` which is usually for young participants," he noted.
People need to understand science and technology and also the research results. ISE 2018 is one of the means to spread science and technology and research results from Indonesian researchers and innovators. ISE 2018 is expected to not only provide an understanding on raising the community`s awareness of science and technology but also to provide useful outcomes for the community, especially young people. (antara)