Batam Metropolitan Area
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Batam Metropolitan Area
Batam metropolitan area or officially Batam Raya is a metropolitan area located in Indonesia. This area includes Batam city and its surrounding areas such as Tanjung Pinang city, Bintan Regency, and Karimun Regency. This region of the Riau Islands Province near the Strait of Malacca includes one of the busiest shipping lanes in the world. It has an area of , and in 2023 it had an estimated population of 1,941,225. Definition The national government regards the Batam Metropolitan Area as including Batam, Tanjung Pinang, Bintan Regency, Karimun Regency. This area is on the international trade route and is directly adjacent to Singapore and Malaysia. In the region, tax and customs exemptions are applied to boost investment growth. Demographics Geography Batam is a roughly oval island with many bays, islets, and peninsulas, located west of Bintan Island, south of Singapore, north of Rempang and Galang, and east of Bulang Island. The Singapore Strait separates Singapore and Bata ...
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Batam
Batam, officially the City of Batam (, not to be confused with ''Batam Kota'', a kecamatan, district within this city), is the largest List of regencies and cities of Indonesia, city in the Indonesian province of Riau Islands. The city administrative area covers three main islands of Batam, Rempang and Galang Island, Galang (collectively called Barelang), as well as Bulan Island, Bulang to the west and several smaller islands. Batam Island is the core Urban area, urban and Zoning, industrial zone, while both Rempang Island and Galang Island maintain their rural character and low-density population; they are connected to Batam Island by short bridges. Bulan Island, Bulang Island and the islands to its north forming Belakang Padang District lie to the west of Batam Island but are also administratively within the city. Batam is an industrial boomtown, an emerging transport hub and part of a free trade zone in the Indonesia–Malaysia–Singapore Growth Triangle, located off Singapore ...
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Strait Of Malacca
The Strait of Malacca is a narrow stretch of water, long and from wide, between the Malay Peninsula to the northeast and the Indonesian island of Sumatra to the southwest, connecting the Andaman Sea (Indian Ocean) and the South China Sea (Pacific Ocean). As the main shipping channel between the Indian and Pacific oceans, it is one of the most important shipping lanes in the world. Etymology The name "Malacca" is traditionally associated with the Malacca tree ('' Phyllanthus emblica''), also known as the Indian gooseberry tree, and is believed to derive from the local Malay word "Melaka". According to historical traditions, Parameswara, a Sumatran prince and the founder of the Malacca Sultanate, selected the site for his new kingdom where the city of Malacca now stands. It is said that he named the location "Melaka" after the Malacca tree under which he had rested. Over time, the name "Malacca" came to refer not only to the city but also to the strategically significant ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and the Sea of Japan to the east. Like North Korea, South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has Demographics of South Korea, a population of about 52 million, of which half live in the Seoul Metropolitan Area, the List of largest cities, ninth most populous metropolitan area in the world; other major cities include Busan, Daegu, and Incheon. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Gojoseon, Its first kingdom was noted in Chinese records in the early seventh century BC. From the mid first century BC, various Polity, polities consolidated into the rival Three Kingdoms of Korea, kingdoms of Goguryeo, Baekje, and Sil ...
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Jakarta
Jakarta (; , Betawi language, Betawi: ''Jakartè''), officially the Special Capital Region of Jakarta (; ''DKI Jakarta'') and formerly known as Batavia, Dutch East Indies, Batavia until 1949, is the capital and largest city of Indonesia and an autonomous region at the provincial level. Lying on the northwest coast of Java, the world's List of islands by population, most populous island, Jakarta is the List of cities in ASEAN by population, largest metropole in Southeast Asia and serves as the diplomatic capital of ASEAN. The Special Region has a status equivalent to that of a Provinces of Indonesia, province and is bordered by two other provinces: West Java to the south and east; and Banten to the west. Its coastline faces the Java Sea to the north, and it shares a maritime border with Lampung to the west. Jakarta metropolitan area, Jakarta's metropolitan area is List of ASEAN country subdivisions by GDP, ASEAN's second largest economy after Singapore. In 2023, the city's Gros ...
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Bali
Bali (English:; Balinese language, Balinese: ) is a Provinces of Indonesia, province of Indonesia and the westernmost of the Lesser Sunda Islands. East of Java and west of Lombok, the province includes the island of Bali and a few smaller offshore islands, notably Nusa Penida, Nusa Lembongan, and Nusa Ceningan to the southeast. The provincial capital, Denpasar, is the List of Indonesian cities by population, most populous city in the Lesser Sunda Islands and the second-largest, after Makassar, in Eastern Indonesia. Denpasar metropolitan area is the extended metropolitan area around Denpasar. The upland town of Ubud in Greater Denpasar is considered Bali's cultural centre. The province is Indonesia's main tourist destination, with a significant rise in Tourism in Bali, tourism since the 1980s, and becoming an Indonesian area of overtourism. Tourism-related business makes up 80% of the Bali economy. Bali is the only Hinduism in Indonesia, Hindu-majority province in Indonesia, ...
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Value-added Tax
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax. VAT is an indirect tax, because the consumer who ultimately bears the burden of the tax is not the entity that pays it. Specific goods and services are typically exempted in various jurisdictions. Products exported to other countries are typically exempted from the tax, typically via a rebate to the exporter. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the customer. VAT raises about a fifth of total tax revenues worldwide and among the members of the Organisation for Economic Co-operation and Development (OECD). As of January 2025, 175 of the Member states of the United Nations, 193 countries with UN membership employ a VAT, including all OECD members except the Tax ...
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Tariff
A tariff or import tax is a duty (tax), duty imposed by a national Government, government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods or raw materials and is paid by the exporter. Besides being a source of revenue, import duties can also be a form of regulation of International trade, foreign trade and policy that burden foreign products to encourage or safeguard domestic industry. Protective tariffs are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Tariffs on imports are designed to raise the price of imported goods to discourage consumption. The intention is for citizens to buy local products instead, which, according to support ...
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Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for bei ...
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Industry Area - Panoramio
Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector of an economy, including manufacturing and production of other intermediate or final goods * The general characteristics and production methods common to an industrial society ** Industrialization, the transformation into an industrial society * Industry classification, a classification of economic organizations and activities Places * Industry, Alabama *Industry, California ** Industry station *Industry, Illinois *Industry, Kansas *Industry, Maine * Industry, Missouri *Industry, New York ** Industry, Beaver County, Pennsylvania **Industry, Allegheny County, Pennsylvania *Industry, Texas *Industry Bar, a New York City gay bar *Industry-Rock Falls Township, Phelps County, Nebraska Film and television * ''Made in Canada'' (TV series), a Ca ...
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Riau Strait
Riau Strait () is a strait in Riau Archipelago. The ''Riau Strait'' separates islands of Batam and Bintan. It is an important commercial waterway to the port of Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree .... The planned Batam-Bintan Bridge would be the first bridge to cross the strait. References Straits of Indonesia Straits of the Indian Ocean Geography of Riau {{Indonesia-geo-stub ...
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Singapore Strait
The Singapore Strait is a , strait between the Strait of Malacca in the west and the South China Sea in the east. Singapore is on the north of the channel, and the Indonesian Riau Islands are on the south. The two countries share a maritime border along the strait. It includes Keppel Harbour and many small islands. The strait provides the deepwater passage to the Port of Singapore, which makes it very busy. Approximately 2,000 merchant ships traverse the waters on a daily basis in 2017. The depth of the Singapore Strait limits the maximum draft of vessels going through the Straits of Malacca, and the Malaccamax ship class. Historical records The 9th century AD Muslim author Ya'qubi referred a ''Bahr Salahit'' or Sea of Salahit (from the Malay ''selat'' meaning strait), one of the Seven Seas to be traversed to reach China. Some have interpreted Sea of Salahit as referring to Singapore, although others generally considered it the Malacca Strait, a point of contact between t ...
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