Economy
The island is heavily wooded and produces timber and resin. In October 2010, the Indonesia government has requested assistance of the Republic of China (Taiwan) to help exploiting this island. In 2011 the company "PT Halmahera Development & Investment" is looking to invest in eco-tourism on the island of Morotai also small project to help the people and children of morotai are being planned or unfold like "Help Morotai" a small non-profit origination that is focus on helping children of the Island.
Read more about this topic: Morotai Island Regency
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)