Property business still booming in Bali

Friday, 12 October 2012 06:58

Source: The Jakarta Post
by Desi Nurhayati

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SOUTH-EAST ASIA: In the bag

Thursday, 11 October 2012 01:38

Defying a global downturn, south-east Asia’s economies have boomed over the past year amid a surge in domestic and foreign investment. But the region’s fate is in large part dependent on forces beyond its control

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Investors told to obey zoning regulations

Wednesday, 19 September 2012 06:31

Source: The Jakarta Post
by Luh De Suriyani

Influential figures have warned investors planning on constructing tourism and other facilities on the resort island to abide by the local spatial planning and zoning regulations. Investors are being told not to try to bend the rules by lobbying local bureaucrats and making under-the-table offers to policy makers.

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New accommodation must be licensed

Tuesday, 11 September 2012 06:57

Source: The Jakarta Post
by Wasti Atmodjo

The Indonesian Hotels and Restaurants Association (PHRI) Bali chapter is strongly recommending newly opened tourist accommodation facilities equip their operations with the required licenses and participate in qualification schemes.

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SBY Appeals to APEC Leaders to Invest in Indonesia

Sunday, 09 September 2012 06:48

Source: The Jakarta Globe
by Primus Dorimulu

President Susilo Bambang Yudhoyono called on host nation Russia and other members of the Asia-Pacific Economic Cooperation forum to invest in Indonesia’s planned infrastructure projects valued at $500 billion, saying that such financing will come under a public-private partnership scheme that will be in force until 2025.

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Goodbye Doha, hello Bali

Saturday, 08 September 2012 06:58

Source: The Economist

The Doha trade talks are dead. Replace them with a rapid new deal, called the "Global Recovery Round”

TRADE and growth go hand in hand. When the economic crisis first hit in 2008, world trade and growth collapsed together. In 2009 both recovered, and did reasonably well until this year, when both slipped again (see article). Cutting tariffs and red tape would boost trade, and support the faltering recovery. This should spur efforts to replace the failed Doha trade talks with a new effort to do a multilateral deal

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Agung Podomoro to Boost Income With 6 Hotels

Saturday, 08 September 2012 06:42

Source: The Jakarta Globe
by Jauhari Mahardhika

Agung Podomoro Land, one of Indonesia’s largest listed property companies, plans to invest up to Rp 3 trillion [$313 million] to build six hotels in Java and Bali to boost its recurring income.

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Industry optimistic over tourist arrival stability

Friday, 07 September 2012 06:50

Source: The Jakarta Post
by Wasti Atmodjo

The local tourist industry is optimistic that the number of tourist arrivals in the last quarter of this year will remain stable, despite the fact that the long holiday season has just ended.

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Environmental recovery to get priority in road project

Thursday, 06 September 2012 06:38

Source: The Jakarta Post
by

The construction of a toll road connecting Benoa harbor, Ngurah Rai International Airport and Nusa Dua must continue. Any environmental damage caused by the project will be repaired soon, the Public Works deputy minister, Hermanto Dardak, stated Tuesday.

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Association Backs Ban on New Hotels in Bali

Tuesday, 04 September 2012 06:38

Source: The Jakarta Globe

The Bali chapter of the Indonesian Hotel and Restaurant Association (PHRI) aired its support on Tuesday for authorities to impose a moratorium on new hotels there.

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