“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Wednesday, March 31, 2010

Foreigners Can Own Property, Indonesian Government Says

Jakarta Globe, Katrina Nicholas, March 31, 2010

It's game on after the Investment Coordination Board of Indonesia announced that foreigners will be allowed to own property.

Indonesia plans to allow foreigners to own property in the country and has completed its review of investment rules under the so-called negative list, the country’s investment coordination agency said on Wednesday.

The country will deregulate its property industry by the end of the first half, paving the way for foreigners to buy homes and commercial real estate directly, Gita Wirjawan, chairman of the Investment Coordination Board of Indonesia, said in Jakarta. The move will “unleash value,” he said.

Indonesia has been reviewing a 2007 presidential decree known as the “negative investment list,” which limits overseas ownership in companies. The new rules may include changes in the cap on foreign stakes in some industries, and a provision that companies whose shares are traded on the exchange are excluded from the regulation, the investment agency said in July.

A draft of the revised investment rules is with President Susilo Bambang Yudhoyono, Wirjawan said at a forum on Indonesia’s investment climate. He said he sees no reason why Indonesia’s credit ratings won’t rise to investment grade in the next 18 months.

Standard and Poor’s raised the country’s sovereign credit rating to a 12-year high of BB from BB- on March 12, prompting investors such as Cornel Bruhin at Clariden Leu AG in Zurich to predict more upgrades by rating companies in the coming months. The SandP rating, which has a positive outlook, is two levels below investment grade.

Moody’s Investors Service in September raised the country’s sovereign debt ratings one level to Ba2, the highest level in 11 years. Fitch Ratings on Jan. 25 raised Indonesia‚Äôs credit rating to BB+, one level below investment grade.


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