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Bali's Cargo Business Down 40%

A Symptom of a Widening Tourism Crisis?

(11/26/2001) The Chairman of the Bali Chapter of the Indonesian Freight Forwarders Association (GAFESKI), Mr. Ida Bagus Werdhi, predicts cargo handling ex-Bali will suffer a 40% downturn in the wake of the events of September 11.

Explaining how purchases by tourists visiting Bali and shipped by cargo and those handled by Bali cargo agents directly with exporters are almost equal in volume, Mr. Werdhi said the current downturn in tourist arrivals in Bali was having a negative impact on the island's overall outbound cargo business.

He reported that sea and air shipments were down 30% through the end of October and were expected to drop to 40% by the end of 2001.