News

Presidential visit puts spotlight on South Lombok

The opening of Lombok International Airport, together with the visit of Indonesian President Susilo Bambang Yudhoyono and state cabinet ministers from 19 – 21 October, has put Lombok in the spotlight for investment and development as Indonesia’s second main tourism destination. At the Presidential visit, Coordinating Minister Hatta Rajasa said that the Mandalika resort development …

Holding the Apron Strings in Lombok

Lombok International Airport Slated for Long-Delayed Opening in October 2011. (6/18/2011) The government now estimates the inauguration of the Lombok International Airport, on Bali’s near neighbor island to the east, will take place in October 2011. Kompas.com reports that the long-delayed project is now in its final stages of completion, including the acquisition of lands needed …

Tourism Drive Sparks Roads Revamp in Lombok

Mataram, West Nusa Tenggara. Lombok district authorities have begun work on improving roads and other essential infrastructure to support the island’s growing popularity as a tourist destination. The roads linking the capital city of Mataram to West and North Lombok, where the bulk of key tourist areas are located, are not only too narrow but …

The new Bali? Indonesia hopes so

An article published in the Sydney Morning Herald, dated Jan 25, 2011 The new Bali? Indonesia hopes so Traffic jams are now common in Bali, a victim of its own success in pulling in swarms of tourists and using the money to buy cars and turn rice paddies into hotels. Across a narrow sea channel lies …

Lombok gets tourism award

Lombok Barat gets tourism award as favorite destination Monday, December 27, 2010 15:54 WIB | Economic & Business | | Viewed 172 time(s) Lombok Barat, NTB (ANTARA News) – Lombok Barat district in West Nusa Teggara (NTB) province received a tourism award from the Culture and Tourism Ministry for having been a favorite destination in …

Merry Christmas!

Indonesia earns place BRIC countries

Investors and market analysts have growing doubts about Russia’s place in the line of BRIC countries, Brazil, Russia, India and China. Many feel that Indonesia deserves this place more, or should be added to the list. Russian politics is unreliable, disturbing demographic trends and the corruption is all over the place. Indonesia has chosen a …

Asian Markets Attracting Investment

An increasing number of property investors are looking to Asia for favourable returns on real estate. Indeed, recent Global Property Guide data suggests that the region has been one of the best performing over the course of the year. Asia’s strong economic growth, low interest rates and increases in foreign demand have led to house prices …

Where would you invest?

The US$ 600 Million Question

Confusion Reigns Over Status of Emaar Mega Tourism Project in Lombok. (7/31/2010) A fair degree of confusion prevails over the future of a US$600 mega tourism project on Bali’s near neighbor of Lombok. A pet project of Indonesia’s former Vice-President Jusuf Kalla, the 1,200 hectare site was proposed to house hotels, condominiums and a golf …

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