Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Baliís Economy on the Upswing
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
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

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Baliís Economy on the Upswing

Bank Indonesia Predict Stronger Economic Growth in Q2 2014 for Bali


Bali News: Bali, Indonesia, Bank Indonesia, Benny Siswanto, economic statistics
Click Image to Enlarge

(6/22/2014)

Bank Indonesia for Bali and Nusa Tenggara is predicting that the national school holidays that coincide with the fasting month set to begin on June 28, 2014 will fuel economic growth for Q2 2014.

As quoted by Metrobali.com, Benny Siswanto, chief of Bank Indonesia in Bali said, “In Q2 2014 we think the development of the economy will be higher than during Q1 2013, that was slow.”

Siswanto said that the diversion of foreign tourists to Bali from Thailand could be expected to provide a boost to Bali’s economy in Q2. He also felt that, based on surveys conducted by Bank Indonesia, consumer and business confidence would remain high in the second quarter.

Economists at Bank Indonesia also believe that Bali’s agricultural sector would make a positive contribution to the Island’s economy due to prevailing good weather conditions. In the same vein, good weather is expected to positively impact Bali’s fishing sector.

Favorable conditions bolster Bali’s economy that Bank Indonesia predicts will grow at a rate of 5.2-5.8% in Q2 2014.

Economic growth in Bali in Q1 2014 slowed to 5.43%, down from growth rates for Q4 2013.

The slowing growth rate in Q1 2014 was blamed by Bank Indonesia on slowing infrastructure growth reduce demand for residential property.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
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
Libertť, …galitť, Fraternitť
FÍte Nationale Ė Celebrating Franceís National Day at The Trans Resort Bali on Friday, July 15, 2016
(6/26/2016)
Attempted Identity Theft
Two Bulgarian Tourists Arrested on Suspicion of ATM Crime in Bali
(6/26/2016)
Heart Attack Claims Man in Local Boat Race
Balinese Participants in a Bedugul Canoe Race Dies of Heart Attack.
(6/26/2016)
U-Haul Hull
Operators of Sunken KMP Rafelia II Given Deadline of September 4, 2016, to Remove Sunken Ferry Boat in Java-Bali Straits
(6/26/2016)
Connected in Kuta
Kuta, Bali Launches 115 Free Wireless WiFi Points
(6/26/2016)
A Kemenuh Conondrum
Kemenuh Butterfly Park in Gianyar, Bali: Illegally Constructed, Illegally Operated and Failing to Pay Taxes
(6/26/2016)
Short Take Off and Approach
Indonesian Transportation Minister Not in Favor of Reclaiming Land to Extend Length of Baliís Airport
(6/26/2016)
Hot and Bothered in Bali
Bali Airport Installs Thermal Scanner to Detect International Passengers Infected by the Zika Virus
(6/26/2016)
Haunting Surfeit of Human Remains
Backlog of Unburied Corpses at Sanglah General Hospital Morgue Poses a Logistics and Spiritual Risk.
(6/26/2016)
General Hospital
Baliís Main Hospital Explains its Color-Coded Response to Medical Emergencies
(6/26/2016)
Bastards & Baksheesh
Public Outcry as Official at Gilimanuk Border Checkpoint Caught on Film Taking a Bribe
(6/26/2016)
Illegal Parking
Outgoing Denpasar Prosecutor Names Head of Denpasar Parking Authority as Suspect in Rp. 15.5 billion Corruption Case
(6/26/2016)
All [News]!