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Making the Balinese Entrepreneurial

Governor Calls for Business Centered Education for Balinese Graduates.

(1/30/2010) Bali's governor I Made Mangku Pastika is calling for the establishment of a entrepreneurial education for the Balinese to enable island residents to compete in an increasingly international setting.

Quoted by the national news agency Antara, Pastika commented at a seminar on banking, "Bali must have a trading or business school. Presently, all we do is educate workers."

When asked if the provincial government would establish a business school, Pastika responded saying such a plan would need to be discussed with a number of parties including the banking sector.

Speaking before hundreds of people working in the economic and banking sector, the Governor said the Balinese people are at an educational disadvantage in the competitive world of trading." In fact, we have funds, we have land, we have markets - we have it all, but there is little enterprise. The people of Bali have a low capacity for utilizing capital sources," complained Pastika.

"I hope the banking sector in Bali will conduct training and partnering to create business opportunities," he added.

The Governor shared with his listeners his desire that thousands of unemployed Balinese graduates receive entrepreneurial training.

The Director of Bank Sinar Harapan Bali, IB Kade Perdana, welcomed the Governor's recommendation. He expressed the opinion that it would be a shame if credit opportunities with banks in Bali were not fully utilized. Perdana explained: "The more people who become businesspeople, the better that will be for the banking sector in Bali. In the end this will support the development of a people's economy in Bali."