Retail Therapy: Bali’s Shops in Peril

The Indonesian Retail Association’s Board for the Province of Bali welcomes plans by the Government to reopen Bali’s borders to international visitors in July 2021.

As reported by NusaBali, the retail business in Bali continues to suffer mightily from the continuing COVID-19 pandemic. In Q1 of 2021, Bali retail sector contracted by 37%, which compares to only a 3% contraction to the same period nationwide.

The chairman of Bali’s Association of Retailers (APRINDO), Anak Agung Ngurah Agung Agra Putra, said on Wednesday, 16 June 2021, the 37% contraction of the Island’s retail sector reflects the diminished purchasing power of the public in the areas of fast-moving consumer and consumables.

The many problems facing Bali retailers were shared by Agra Putra with Bali’s Governor, Wayan Koster, during an audience at the Governor’s residence on Monday 14 June 2021. In response, the Governor called on the members of APRINDO to do all in their power to help Bali’s economy grow. Koster specifically suggested that APRINDO assist small and medium-sized entrepreneurs to promote locally-made products instead of imported items.

The current membership of APRINDO-Bali represents 20 companies with 1,000 retail outlets across the Island.

Related Article

Bali’s Urgent Need for Retail Therapy