Archive: 23 November 2008
5 articles found
Sun, 23 Nov 2008
Bali News: Worse to Come?
Bali Hotel Association Reports Cancellations in Response to Global Financial Crisis.Bali News: Worse to Come?(11/21/2008) Kompas quotes the Executive Director of the Bali Hotel Association (BHA), Djinaldi Gosana, as confirming that the Island's hotels are beginning to report cancellations tied to...
Sun, 23 Nov 2008
Changes Urged to Permit Foreign Land Ownership
Government Now Scrutinizing Foreign Property Transactions.Bali News: Changes Urged to Permit Foreign Land Ownership(11/21/2008) The National Defense Agency (BPN) has formally asked the National Ministry for Housing and the Indonesian Real Estate Association (REI) to commence collecting information...
Sun, 23 Nov 2008
Bali News: Waiting for the Bump in the Road
Bali by the Numbers: Arrivals Remain Strong Through End of October as Island Waits for Fallout from World Economic Crisis.(11/21/2008) Bali's foreign tourist arrival numbers through the end of October have yet to show any ill effects from a much-feared coming drop in tourist arrivals precipitated...
Sun, 23 Nov 2008
Coal Growth to Slow on Low Demand
Indonesia’s coal production growth will slow as the global credit crisis hampers expansion plans by the world’s biggest exporter of the fuel, Fitch Ratings said.“Companies that have not secured long-term funding will likely have to cut back’’ on their spending, the ratings company said in...
Sun, 23 Nov 2008
RI coal mines attractive for buyout
Alfian, The Jakarta Post, Jakarta A drop in the share price of Indonesian coal companies is making the sector more attractive for potential acquisitions by foreign investors, a report from global rating agency Fitch Ratings says.