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Indonesia Wants to Turn Bali Into a Financial Hub, No Locals Required
What Actually Happened
| # | Claim | Date | Entities | Source |
|---|---|---|---|---|
| 1 | As of October 2025, the Indonesian government wants to turn Bali into a financial hub to boost the country's lagging economy. | Indonesia, Bali, Prabowo Subianto | South China Morning Post (archived) | |
| 2 | The proposed Bali financial hub is intended to attract international banks, asset managers, and private equity firms, offering tax and regulatory exemptions and cutting bureaucracy. | Bali, Financial Hub | South China Morning Post (archived) |