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A research study conducted by Universitas Muhammadiyah Jakarta explores the relationship between female directors and corporate cash holdings in Indonesia. The study utilizes data from Kompas 100 index firms from 2014 to 2021 and finds that female directors have a positive influence on cash holdings. The findings also indicate variations in cash holdings between companies with and without female directors. The study concludes that female directors hold higher amounts of cash due to increased risk aversion. This research enriches the discussion on female directors and cash-holding levels in a developing country with a two-tiered board system. [Extracted from the article]

A recent study conducted in Mandalika, Lombok Island, Indonesia, explores the impact of air connectivity, sports events, and government support on tourism development. Using big data cognitive analytics, the researchers found that the combination of an international airport, globally recognized sports events like the MotoGP, and government support has positively influenced the tourism industry in the country, particularly in Lombok Island. The study suggests policy recommendations to support economic activities in Mandalika's Special Economic Zone and its surrounding areas. The findings from this research could be valuable for other developing countries seeking to develop their tourism industry through infrastructure, events, and fiscal policies. [Extracted from the article]