{
    "success": true,
    "data": {
        "id": 1622768,
        "msgid": "potential-foreign-exchange-losses-from-indonesias-tourism-industry-due-to-middle-east-conflict-reach-rp184-8-1773834742",
        "date": "2026-03-18 16:33:13",
        "title": "Potential Foreign Exchange Losses from Indonesia's Tourism Industry Due to Middle East Conflict Reach Rp184.8 Billion per Day",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Economy",
        "summary": "The Indonesian government is urging swift reforms in the tourism sector to mitigate the impacts of the global crisis triggered by the Middle East conflict, which threatens daily foreign exchange losses of Rp184.8 billion and the loss of around 5,500 international tourists. Coordinating Minister for the Economy Airlangga Hartarto highlighted the sector's vital contribution to the national economy, accounting for 3.97% of GDP in 2025 and supporting nearly 26 million jobs, while disruptions to international flights have already affected over 47,000 passengers. Proposed strategies include expanding visa-free entry policies to 20 additional countries and promoting micro-tourism to bolster domestic travel during holidays like Eid al-Fitr.",
        "content": "<p>The government has emphasised that Indonesia will promptly undertake\nreforms in the tourism sector to mitigate the effects of the global\ncrisis, particularly due to the conflict in the Middle East.\nCoordinating Minister for the Economy Airlangga Hartarto revealed that\nthe tourism sector is currently under pressure from disrupted global\nconnectivity as a result of the conflict. \u201cIndonesia needs to carry out\nreforms immediately to mitigate losses from the global crisis, as well\nas to build a competitive, resilient, and highly competitive tourism\nfoundation and destinations on the international stage,\u201d Airlangga\nstated in his remarks in Jakarta on Wednesday, 18 March 2026. The\nMinistry of Tourism projects a potential loss of around 5,500 foreign\ntourists and foreign exchange losses reaching Rp184.8 billion per day if\nthe impacts of this turmoil are not mitigated promptly. Meanwhile, the\nInJourney Airports report for the period from late February to 10 March\n2026 recorded disruptions on nine international routes at Soekarno-Hatta\nAirport and Ngurah Rai Airport. These disruptions have affected the\nmobilisation of 47,012 passengers. The challenges are further\nexacerbated by rising aviation fuel prices. Airlangga stressed that the\ntourism sector remains crucial to focus on, given its significant\ncontribution to the national economy. In 2025, this sector contributed\nRp945.7 trillion, equivalent to 3.97% of gross domestic product (GDP).\nAdditionally, the number of foreign tourist visits reached 15.39 million\npeople, growing 10.7% year-on-year (yoy). In terms of foreign exchange,\nthe sector generated US$18.91 billion and supported 25.91 million\nworkers. On that occasion, the Coordinating Minister also outlined\nseveral strategic steps that the government can take to keep Indonesian\ntourism competitive. One of them is the expansion of the Visa-Free Visit\n(BVK) policy. Based on a study by the World Travel and Tourism Council,\nthe BVK policy for 169 countries since 2015 has driven tourist growth of\nup to 15% per year and created around 400,000 new jobs in the tourism\nsector. Currently, the Ministry of Tourism has identified 20 potential\ncountries as targets for expansion. In addition, the government needs to\nstrengthen the domestic market by leveraging the Eid al-Fitr holiday\nmomentum as the main support. This strategy can be implemented through\nthe concept of micro-tourism, namely the development of destinations\nwithin a land travel radius with deeper tourism experiences.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/potential-foreign-exchange-losses-from-indonesias-tourism-industry-due-to-middle-east-conflict-reach-rp184-8-1773834742",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}