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Bali's Real Estate Market Loses Dollar Touch

2015-05-06 06:00:11| Real Estate - Topix.net

A newly introduced regulation in nearby Indonesia is requiring real estate developers and hotels to price and collect goods and services income in local currency. The government run Bank Indonesia as of March 31st has issued a new directive for compliance with full implementation required by July 1st of this year.

Tags: real estate market real estate

Pioneer Natural Resources loses $5M as low oil prices, winter weather take a toll

2015-05-06 02:43:00| Oil & Gas - Topix.net

Pioneer Natural Resources posted a net income loss of $5 million in the first quarter as low oil prices and severe winter weather hampered production in the Permian Basin, according to earnings released Tuesday afternoon. The company's net income loss is down 102 percent from the first quarter of 2014 when Pioneer earned a cool $184 million.

Tags: take low resources prices

Texas Tesla auto sales bill loses traction with Senate politicians

2015-05-04 20:07:49| Auto Dealers - Topix.net

In 2013, Dell World attendees in Austin crowded around a Tesla Motors car that was featured during a keynote address from Elon Musk, CEO of Tesla Motors. The company has been trying to get Texas to change its auto sales regulations to allow it to sell directly to consumers.

Tags: auto sales bill texas