Foreign tourists are pictured walking on Bali's famous Kuta Beach. - Antara
JAKARTA: The government has set its sights on turning Bali into a global financial hub as it seeks to move forward with the family office plan thought up by the previous presidential administration, but there are doubts as to whether the resort island is cut out for such a role.
National Economic Council (DEN) spokesperson Jodi Mahardi told The Jakarta Post on Oct 17 that risk assessments for the initiative were underway with regard to regulatory and governance aspects as well as economic implications.
