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Jokowi Wins Indonesian Presidential Elections

Category: Real estate, Posted:23 Jul 2014 | 12:39 pm

Foreign businesses in Indonesia have sighed collectively over news that Joko Widodo has been declared a winner in the hotly contested Presidential elections.
Nationalist Prabowo Subianto has bowed in defeat despite a ramped up effort in closing moments of the recently concluded campaign.
Jokowi's platform that embraced reforms has also indicated plans to review the possibility of foreign land ownership and he is viewed more favorably by the international investment community versus Prabowo.
One key issue on the table for the country's domestic sector is the highly toxic fuel subsidy that has to be addressed by the incoming administration.

Other News

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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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Inside the Numbers. The Potential of a Phuket Property Bubble

Category: Real estate, Posted:13 Apr 2024 | 13:12 pm One of the most common questions I am asked these days is about a potential Phuket real estate bubble. While it’s a popular buzz term, so many who ask the question don’t understand what a bubble is. The most notable real estate bubble in recent history was the subprime housing crisis in the United States […]
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