A series of socialization event for Master Plan of Acceleration and Extension of Economy Indonesia (MP3EI) from Committee of National Innovation (KIN) facilitated by Udayana University (UNUD) through limited discussion. This activity themed ‘Human Resource Role of Small to Medium Industries Innovator of Universities in Bali to Fulfill Corridor IV-MP3EI.’

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Koperasi played its role as economical container of Balinese people because every year it is getting significant development whether its amount, member, business volume or its activity subject. Koperasi amount in Bali until early 2011 recorded 4.149 koperasi, it increases 12,47% from last year amount as much as 3.734 unit, said the Head of Public [...]

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Economy Faculty of Udayana University held workshop to complete enterpreneur curriculum. This workshop attended by lecturer and some businessman also government representative. Dean of Economy Faculty of Udayana University Prof. I Wayan Ramantha explained if this curriculum improvement aimed to create next generation of good businessman or enterpreneur. He said “This curriculum improved in adding [...]

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Imports of pearls, gems, gold and artificial accessories in the first three months of 2009, increased to US$4.4 million, or up almost 100 percent from 2.4 percent in 2008.

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The campaign period for Indonesian Presidential Election affected Bali’s economics growth. In April through June 2009, bali’s economy grows 4.23% until 5.85%. Viraguna Bagoes Oka, the head of Indonesian Bank branch Denpasar, said that the economics growth was decreasing compared to the first three months of 2009 which was 7.73%.

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Denpasar – Bali’s provincial administration in cooperation with the Regional Development Bank (BPD) will make Rp38.5 billion unavailable as low-interest loans to support agribusiness, empowerment of cooperatives, small-and medium-scale business (UKMs).

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The number of tourists who visited Bali from January through November 2008 increased 20% in comparison to the same period last year. In 2008, a total of 1,825,448 tourists visited Bali, whereas in 2007 1,521,064 tourists visited the island.

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The total number of tourists visiting Indonesia in 2008 will be approximately 6.3 millions. The figure is lower than the 7 million target set for Visit Indonesia Year 2008 program. Sapta Nirwandar, the Director General of Marketing at the Minstry for Culture and Tourism said “from the tourists visiting Indonesia this year Indonesia earns 7.4 [...]

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The US financial crisis which had developed into a global crisis has caused an unfavorable impact on Bali’s economy.  “The US financial crisis also posed an disincentive to Bali’s economy as a whole,” Head of the Bank Indonesia branch office in Denpasar Viraguna Bagoes Oka said in a two-day training of 35 journalists in Candidasa [...]

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