Yes!! It's dead! The deal is dead!! Tank de lawd.

Despite strong GDP growth, Indonesia's real estate prices were flat in 2009. Key factors affecting the market include foreign ownership restrictions, unpredictable inflation fluctuations, a construction boom and an underdeveloped mortgage system. Even with economic resiliency and political stability, house prices in Indonesia remained almost unchanged in 2009.

The Indonesian government says an agreement with Dubai-based Emaar Properties to develop a massive tourist resort on Lombok has officially expired, but Emaar will be given the chance to sign a new deal. State-Owned Enterprises Minister Mustafa Abubakar confirmed late on Tuesday that the agreement with Emaar to develop a $600 million resort in Lombok was no longer valid, and said the government would proceed with the project whether it could come to terms with Emaar or not.

A presidential decree signed on Friday has formalized a plan for private-sector power producers to supply power under the second phase of the government’s “fast-track” generating program , a senior Energy Ministry official said on Wednesday.

TEMPO Interactive, Jakarta: Trade Minister Mari Elka Pangestu met with her egyptian counterpart Rachid Mohamed Rachid to discuss trade barriers and improve commercial ties between the two countries. After the meeting at the Trade Department on Wednesday (13/1) Minister Mari Elka said Indonesia sees Egypt as an entry point to african and arabian markets as the country has become member of several regional trade pacts.