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 · US$ 660 M Foreign Exchange Loss
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
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali
Indonesia

24h:
+62 (0)812 3819724
Tel:
+62 (0)361 464 032, +62 (0)361 471 0242

Bali Discovery

SITE PATA ASITA
Bali News

US$ 660 M Foreign Exchange Loss

Minister of Tourism & Culture Counts Growing Losses to Tourism. Urges World to See Bali for Themselves.


Bali News:
Click Image to Enlarge

(11/4/2001)

Indonesia's Minister of Culture and Tourism Mr. I Gde Ardika revealed last week (31 October) that he expects tourism to suffer a 20 to 30 percent decline this year, translating into a loss equivalent of US$ 660 million dollars in lost foreign exchange.

Despite the prospect of coming up nearly 1 million visitors short from the originally projected 5.4 million visitors for the year, the Minister is still optimistic for a fast recovery and that a targeted 7 million foreign visitors will be achieved in 2004.

In order to make up for shortfall in current arrivals efforts are underway to increase Asian arrivals and increase domestic travel activity.

Commenting on Bali's continued safety and stability for foreign visitors, the Minister said, "The lack of tourist arrivals is because people are worried about visiting and this is a psychological problem. Because of that, tourists need to come to Bali to see for themselves that Bali is safe."


© 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
Have You Seen This Man?
Police in Bali Searching for American Who has Escaped Baliís Kerobokan Prison
(12/10/2017)
Dear Mr. President
PHRI-Bali Writes to President Joko Widodo Seeking Urgent Assistance to Bali Tourism
(12/10/2017)
Christmas at the Bali Safari & Marine Park
Special Offer from Bali Safari and Marine Park Through January 3, 2017 for the Domestic Market
(12/10/2017)
Your Better Not Shout! You Better Not Cry!
Bali Collection Holds Santa Fun Run at Nusa Dua Sunday, December 17, 2017
(12/10/2017)
Mate, What Volcano?
Garuda Indonesia Says Demand for Bali as a Holiday Destination ex Australia Remains Strong Despite Mt. Agungís Recent Volcanic Activity
(12/10/2017)
Keep Calm. Itís Only a Volcano
Editorial: Bali and the World Needs a New Way of Thinking About Volcanoes
(12/10/2017)
Painted Men and Boys
Young Men from Tegallalang, Bali Paint their Bodies to Ward Off Both Personal and Public Demons in Ngerebeg Procession
(12/10/2017)
Fake News on a Local Level
PHRI Karangasem Chairman Claims of Closed Hotels Strongly Refuted and Rejected by Alila and Amankila Hotels
(12/10/2017)
Counting the Damages
Officials Calculate the Cost of Tourism Losses from 2.5-day Closure of Baliís Airport
(12/10/2017)
No More Traffic Jams in Ubud
A Very Quiet Ubud Awaits the Return of Tourists
(12/10/2017)
Let there Be Light!
ITDC Hosts Nusa Dua Light Festival December 5-24, 2017
(12/10/2017)
The Road Less Traveled
Bali Toll Road Traffic Volume Down 25% Due to Lower Visitor Totals
(12/10/2017)
All [News]!