Indonesian Political, Business & Finance News

Archive: 18 March 2009

6 articles found

Emaar Withdraws From US$600 Million Lombok Project

Actually It started with and then ran with it the next day (i think). The correction was in the business section

Emaar Withdraws From US$600 Million Lombok Project

Originally Posted By: Piss Salon They've bailed. Alwi Shihab is scrambling to cover his arse. That story certainly caused one or two ripples. It looks like they complained to the Globe, eh? Did anyone's globes get clamped in the vice as a result?

Emaar Withdraws From US$600 Million Lombok Project

Originally Posted By: Piss Salon Originally Posted By: Roy's Hair , always first with the hard hitting news... I'm claiming this one. Ah yes OK then. fail

Emaar Withdraws From US$600 Million Lombok Project

Originally Posted By: KuKuKaChu Neither Emaar Indonesia nor its parent company have made an announcement that they are quitting Indonesia. We regret the error. fail?

Emaar Withdraws From US$600 Million Lombok Project

From The Jakarta Globe Government Insists Lombok Deal Not Dead by Janeman Latul High-ranking Indonesian government officials and Emaar International PJSC have denied that the Dubai-based development company has killed its massive $600 million project to turn a major portion of Lombok Island into another Bali.

Down, sale of car, motorcycle parts and equipment

Medan, N Sumatra (ANTARA News) - The sale of car and motorcycle parts and equipment in Indonesia has dropped very sharply along with the drop in the sale of motor vehicles by 23 percent in January. "Car and motorcycle equipment sales are hindered by illegally imported products in the country," the general chairman of the Association of Motorcycle and Car Equipment Industries (GIAMM), Hadi Surjadipraja, said here on Tuesday.