{
    "success": true,
    "data": {
        "id": 1668247,
        "msgid": "bali-proposed-as-indonesias-new-financial-hub-to-be-safe-haven-for-global-investors-1775778646",
        "date": "2026-04-09 16:12:40",
        "title": "Bali Proposed as Indonesia's New Financial Hub to be Safe Haven for Global Investors",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Investment",
        "summary": "President Prabowo Subianto has proposed establishing a special financial centre in Bali to position Indonesia as a safe haven for global investors amid escalating geopolitical tensions, highlighting the island's appeal as evidenced by the influx of Russians and Ukrainians fleeing conflict. The initiative, suggested by National Economic Council Chairman Luhut Binsar Pandjaitan, aims to attract funds previously earmarked for the Middle East by leveraging Indonesia's geographic isolation, natural resources, and neutral foreign policy. This move aligns with broader efforts to decentralise economic growth beyond Java, including the development of the new capital Nusantara in East Kalimantan, to address regional inequalities and boost national GDP contributions from outer islands.",
        "content": "<p>Bali Proposed as Indonesia\u2019s New Financial Hub to be Safe Haven for\nGlobal Investors<\/p>\n<ul>\n<li><p>09 Apr 2026 08:55 WIB<\/p><\/li>\n<li><p>Voice of Indonesia<\/p><\/li>\n<\/ul>\n<p>RRI.CO.ID, Jakarta \u2013 Indonesia plans to establish a special financial\ncenter to optimize its advantage as a safe investment destination amid\nglobal geopolitical tensions. Bali province, well-known for its culture\nand tourism, is being considered as a suitable option.<\/p>\n<p>In his speech at a government working meeting in Jakarta on\nWednesday, April 8, 2026, President Prabowo Subianto, explained that he\nreflected on data saying that Indonesia is among the safest nations if\nWorld War III happens.<\/p>\n<p>\u201cYou know, the data is out now: if a Third World War breaks out,\nwhich countries would be safe? Well, Indonesia ranks among the top,\u201d\nPrabowo said.<\/p>\n<p>\u201cNow, if you go to Bali, you\u2019ll see how many Russians are there, how\nmany Ukrainians are there,\u201d he continued, noting people reside in Bali\namid the Russo-Ukrainian war.<\/p>\n<p>Prabowo said the idea has been proposed by the Chairman of the\nNational Economic Council (DEN), Luhut Binsar Pandjaitan, for years.\nLuhut considered Bali as one of the most suitable locations.<\/p>\n<p>\u201cWe have plan to create a special financial center. We are currently\nlooking for a location, and Mr.\u00a0Luhut has suggested Bali,\u201d Prabowo\nsaid.<\/p>\n<p>Prabowo assessed that the proposal is now increasingly relevant to\nrealize, as he described Indonesia as one of the most attractive\ncountries for global investors. He hopes the special financial center\ncould attract investors who had previously planned to invest in the\nMiddle East but reconsidered due to rising tensions in the region.<\/p>\n<p>\u201cIt turns out that now the funds that were in the Middle East\u2014where\n(are these investors) going to take them, ladies and gentlemen? Which\ncountries are not at war right now? Think about it. Indonesia is one of\nthe most sought-after (destination),\u201d he claimed.<\/p>\n<p>Various mainstream media outlets in Indonesia often cite the country\nas one of the safest countries during times of global conflict. Its\ngeographic position, far from major conflict zones and spread across a\nvast archipelago, along with its abundant natural resources and its\nlong-standing \u201cfree and active\u201d foreign policy, are frequently mentioned\nas reasons.<\/p>\n<p>Meanwhile, the Indonesian government is currently developing new\neconomic centers outside the island of Java to reduce economic\ninequality across the country. To date, Statistics Indonesia records\nthat Java contributes more than 58% of the nation\u2019s GDP.<\/p>\n<p>One of the major initiatives underway is the relocation of\nIndonesia\u2019s capital to Nusantara, a planned city in East Kalimantan.\nAlthough it was initially built to serve as a new administrative center,\nthe government hopes the city will also drive economic growth outside\nJava, including in eastern Indonesia.<\/p>\n<p>\u201cNusantara is expected to become a catalyst for the growth of new\neconomic centers on Kalimantan Island and in eastern Indonesia in\ngeneral,\u201d Director of Communication,Information and Economic Maritime of\nCommunication and Information Ministry in 2023, Septriana Tangkary, as\nquoted from the ministry\u2019s media arm Info Publik.<\/p>\n<p>Kata Kunci \/ Tags<\/p>\n<p>News Recomendation<\/p>\n<p>Loading latest news\u2026..<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bali-proposed-as-indonesias-new-financial-hub-to-be-safe-haven-for-global-investors-1775778646",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}