Indonesia Will Turn to ‘Swiftonomics’ to Boost Tourism Spending

  • Government considers more incentives for music, sports events
  • Peaceful elections to pave way for return of foreign tourists
WATCH: Sandiaga Uno, Indonesia’s minister of tourism and creative economy, discusses the government’s efforts to boost the travel industry.Source: Bloomberg
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Indonesia is considering more incentives to bring in more music, sports and cultural events that would attract travelers to spend more and stay longer.

“We need ‘Swiftonomics’ for Indonesian tourism,” said Tourism Minister Sandiaga Salahuddin Uno, referring to how neighboring Singapore will host Taylor Swift’s concert that’s set to bring regional visitors to the city-state. The government has formed a 1 trillion rupiah ($64 million) tourism fund to help it bid for such events.