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. “The government of Indonesia and Emaar have extended a delayed joint venture agreement to get the project underway for another three months,” […]

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It was still early in the morning when we arrived at Lombok’s Selaparang Airport. As we set foot on the airport’s tarmac, our eyes were greeted by Lombok’s mountains and scenic lush forest. A postcard view it was. Indeed, Lombok has become the new, upcoming tourist destination in Indonesia. It seems that the gods from […]

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Citing governmental paralysis and hinting that too many officials had their hands out, Dubai’s state-owned Emaar Properties PJSC has cancelled its massive $600 million property project that was to turn the pristine island of Lombok into another Bali. “We have closed our office in Jakarta starting Friday,” said Elly Savitri, Emmar Indonesia’s human resources manager. […]

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