Low Occupancy in a 'Bull Market' at 18-35 Year Old Only Property Precipitates a Change of Name and Management for 133-room Bali Resort. (8/24/2008) PT Mountbatten Resorts Indonesia will soon assume management of the 133-room Contiki Resort Bali located in the Seminyak area of Bali's famed Kuta Beach. The new managers of the property have declared their intention to renovate and rebrand the Resort, currently operated as an 18-35 year only 4-star resort.

Japanese-Indonesian Trade Agreement May Tax-Exempt the Import of Vans and Small Busses for Bali's Tourism Industry. (8/24/2008) In accordance with an economic cooperation agreement signed between Indonesia and Japan energy-efficient hybrid cars will soon be free of import tax in Indonesia. Current law covering the importation of completely built up (CBU) vehicles from Japan with an engine size of 3,000 cc or more are subject to an import tax of 10%.

US$543 million Deal with Korean Consortium will Double Port Size and Create 5-Star Accommodation Complex at Benoa Harbor. (8/24/2008) NusaBali reports that Bali's Benoa Port will soon be enlarged to cover an area of 80 hectares by dredging shallow areas of the harbor currently inaccessible to shipping. Benoa's current useable port area is 40 hectares while experts claim a port of 120 hectares is needed to provide access for international cruises ships.