‘Goal public’: Bali United set to be first soccer club in Indonesia and Southeast Asia to launch IPO

Soon, you too can own a piece of Bali’s premier football team.

Business

The final countdown: Submit your Event & Venue listings in Bali to win a Coco Creative campaign for your business

The final countdown: Submit your Event & Venue listings in Bali to win a Coco Creative campaign for your business

Since announcing our directory contest a few weeks ago, we’ve heard back from a lot of you — so to all the business owners, PR gurus, plus events and marketing teams...

Indonesia’s Garuda says to cancel 49-jet Boeing 737 MAX 8 deal after crashes

Indonesia’s Garuda says to cancel 49-jet Boeing 737 MAX 8 deal after crashes

Indonesia's national carrier Garuda has told Boeing it will cancel a multi-billion-dollar order for 49 Boeing 737 Max 8 jets after two fatal crashes involving the plane, in what...

Local is Best: Bali hotels and supermarkets to prioritize island produce

Local is Best: Bali hotels and supermarkets to prioritize island produce

In accordance with Bali Governor Regulation No. 99 of 2018, Bali supermarkets, hotels and restaurants must now promote and prioritize local produce, sourced from farms and...

Bali governor instructs closure of unlicensed Chinese shops, not worried about impact on tourism numbers

Bali governor instructs closure of unlicensed Chinese shops, not worried about impact on tourism numbers

Bali Governor Wayan Koster has instructed municipal police to shut down Chinese shops operating illegally and says he doesn’t care if this crackdown affects the province’s...

Indonesian Tourism Minister addresses Bali ‘Zero Dollar Tourist’ issue

Indonesian Tourism Minister addresses Bali ‘Zero Dollar Tourist’ issue

Bali’s whole “zero dollar tourist” problem has been taken up to the national level, with Indonesian Tourism Minister Arief Yahya addressing the topic in Jakarta on...

Bali vice governor investigates shops in Benoa, probe into ultra-low cost Chinese tour package scheme

Bali vice governor investigates shops in Benoa, probe into ultra-low cost Chinese tour package scheme

Bali’s vice governor is really putting his nose to the grindstone over this whole conspiracy that’s allegedly been uncovered, where tour agents are selling dirt cheap packages...

Bali needs to attract ‘classy’ tourists: governor

Bali needs to attract ‘classy’ tourists: governor

Bali governor Wayan Koster is dropping truth bombs left and right. Within his first 60 days in office, the governor has reinvigorated Balinese heritage by issuing resolutions...

Melinda Gates hangs with Go-Jek ladies on the sidelines of IMF-World Bank meetings in Bali

Melinda Gates hangs with Go-Jek ladies on the sidelines of IMF-World Bank meetings in Bali

Melinda Gates is one of the globe’s financial elite in town for the IMF-World Bank annual meetings taking place in Bali this week. But the American billionaire and...

IMF gathers in Bali: Key facts and figures from the Indonesia meeting

IMF gathers in Bali: Key facts and figures from the Indonesia meeting

The world’s financial elite are gathering in the Indonesian holiday island Bali for talks with trade spats and emerging markets crises topping the agenda. Here are some...


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Coconuts Bali Business

The business section of Coconuts Bali covers the latest on the island’s economy, banking, trade, entrepreneurial spirits, and other fun money-related stuff. We say fun because business stories here sure can be entertaining. This is Bail, where cashiers hand customers back candies instead of change—though that was supposed to be disallowed, true story. A current business phenomenon in Indonesia, and in Bali especially, is a credit craze. Motorbikes, cars, iPhones, and property that normally wouldn’t be accessible to the everyday Joe are suddenly super affordable with small down payments and years-long payment plans. At the end of the day, most of our stories come back to Bali’s biggest money maker, the exploding tourism industry. Is it a bubble, soon to pop? That’s to be seen. And let’s also discuss some of Bali’s tried and true but at times struggling industries: agriculture and fishing. We’ve also got plenty of stories in the business section to cover these challenging markets.