Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Strong Growth to Remain the Norm in Bali
Bali Hotels, Bali Villas and Bali News from
Bali Hotels
Bali Villas
Special Deals!
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Bali Update
Subscribe to our free weekly newsletter!
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

++62 361 286 283

++62 361 286 284

U.S.A. Fax:(toll free)

U.K. Fax:

Australian Fax:

++62 812 3819724

Bali Discovery

Bali News

Strong Growth to Remain the Norm in Bali

Bank Indonesia Expects Bali to Sustain 6%-6.14% Rate of Economic Growth in 2014

Bali News: Bali, Indonesia, Bank Indonesia, Bali economy, Benny SIswanto
Click Image to Enlarge


Benny Siswanto who heads the Bank Indonesia office for Bali and Nusa Tenggara is projecting economic growth for 2014 at between 6% and 6.14%.

As reported by Bali Daily (The Jakarta Post), Siswanto insists such rates of growth are achievable despite extreme weather conditions, looming hikes in electrical rates and the uncertainty in a year filled with legislative and presidential elections.

Growth will come at certain costs: Expect food, goods and services to increase in 2014 against a backdrop of political rivalry.

“Hotel room rates, among others, will increase sharply, affecting operational costs and people’s buying power,” said Siswanto.

At the same time, the Bank Indonesia officials foresee the election process as providing stimulus to creative industries, publishing, printing, and clothing companies.

Meanwhile, large government-funded major infrastructure projects will continue in Bali, which, in turn, should attract more private investment. Siswanto sees overall investment declining in Bali in 2013, but will still remain substantial.

In 2013 Bali saw large-scale infrastructure investment in the form of the Island’s first toll road, a total renovation of Bali Ngurah Rai Airport and the completion of an underpass at the Dewa Ruci monument.

Siswanto also sees an improving global economy as helping to boost Bali’s fortunes. “The economic conditions of export destinations and major tourism markets for Bali are now improving. Some of them have passed the critical stage, which is a blessing for Bali,” Siswanto explained.

Domestically, Indonesia’s growing middle-class are visiting Bali on holiday with 6.5 million domestic visitors expected to visit in 2014, visitors who will in turn purchase gifts and handicrafts while staying in the Island’s hotels.

© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to


Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!

Our [Privacy Statement] explains how we handle the data you are providing.

Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!

or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Infrastructure First: Seaports and Airport
Transportation Minister Says Baliís Airports, Seaports, and Passenger Terminals Must be Enhanced to Support Growing Passenger Numbers
Another Renovation for Baliís Airport?
Minister of Transportation Wants Carrying Capacity of Baliís Airport Increased to 35 Million Passengers per Year
Move Underway to Trump Chinese Tourists?
DPR-RI Vice Chairman Seeks Repeal of Wide-Ranging Visa Free Status for Indonesian Visitors
Departure, No Return
Garuda Accused of Incorrect Procedures in Death of Passenger Flying from Jakarta to Melbourne
Infrastructure First!
New Hotel Projects Set for Nusa Penida in Dire Need of Water and Electricity Support
Bali Welcomes 3 Millionth Visitor
Bali by the Numbers: BPS Says 43.3% More Foreign Visitors to Bali in August 2016, Passing the Year-to-Date Mark of 3 Million
In Need of a Designated Driver
European Couple Die in Motorcycle Mishap After a Night of Partying on Pererenan Beach in Bali
Bad Smells from the Kitchens?
Drainage Ditch at Bali Airport Filled with Foul-Smelling Pollutants Suspected to Come for Airline Catering Building
Cherishing the Children
St. Regis Resort Bali and Laguna Resort & Spa Raises More than $20,000 for UNICEF at Lavish Beachside Moonlight Dinner
Itís a Bali Holiday
Official National Holidays and Shared Holidays in Indonesia for 2017
Me and My Guitar
West Bali Police Send Home 18 Punkers on a Personal Sojourn in Bali
Passport to a Clean Bureaucracy
Indonesian Immigration Service Joins the Anti-Corruption Campaign
All [News]!