World Surf League Bali Pro signals Indonesian government’s eagerness to capitalize on surf tourism

Things are heating up in Keramas on Bali’s eastern coast, as we now enter the third day into World Surf League’s Corona Bali Protected 2018. But it’s not just surfers that are frothing over the showdown amongst some of the world’s top surfers—Indonesian government officials are also stoked about the sport. The competition, which kicked ...

Business

International coal conference in Bali has environmentalists concerned

International coal conference in Bali has environmentalists concerned

Some of the Asian coal industry’s biggest players powwowed in Bali this week, much to the dismay of activists looking to protect public health and defend the island’s natural...

Trouble in Paradise: Tourism surge lashes Southeast Asia’s beaches

Trouble in Paradise: Tourism surge lashes Southeast Asia’s beaches

by Lillian SUWANRUMPHA with Joe FREEMAN in Bangkok and AFP bureau Hordes of tourists clamber across the white sand with selfie sticks as Thai park rangers wade into turquoise...

Bali Immigration requested to keep an eye out for foreign guides working illegally after beating incident with Chinese guide

Bali Immigration requested to keep an eye out for foreign guides working illegally after beating incident with Chinese guide

Dozens of guides from the Bali chapter of the Indonesian Guide Association (HPI) marched to the Immigration office in Jimbaran on Monday to demand stricter monitoring for foreign...

Uber app will no longer work in SEA from April 8 onwards; Grab promises no fare hikes

Uber app will no longer work in SEA from April 8 onwards; Grab promises no fare hikes

Yeap, it’s official — Grab has won the long ride-hailing battle against Uber in Southeast Asia. The Singapore-based firm announced today it has bought its US rival’s...

IDR27 trillion North Bali airport project up in the air

IDR27 trillion North Bali airport project up in the air

Indonesia’s Transportation Minister Budi Karya Sumadi says he’s still evaluating the development plan for a IDR27 trillion (US$1.9 billion) project that would see the...

Benoa Bay reclamation protests heat up ahead of Bali gubernatorial race

Benoa Bay reclamation protests heat up ahead of Bali gubernatorial race

With just months to go until Bali picks a new governor and sends off the current one, the movement protesting the impending reclamation of South Bali’s Benoa Bay has jolted back...

Made in China, Sold in Bali: Only 30 percent of Bali souvenirs actually made on island

Made in China, Sold in Bali: Only 30 percent of Bali souvenirs actually made on island

Most souvenirs you’ll find in Bali markets are made in China, not locally on the island. Indonesian SME Bali Chairman Anak Agung Ngurah Mahendra estimates that only 30 percent...

Australian tourists to Bali down in 2017, but Chinese tourists were way up

Australian tourists to Bali down in 2017, but Chinese tourists were way up

The amount of Australian tourists vacationing in Bali during 2017 shrank 4.21 percent down from the previous year. Over the course of 2017, a recorded 1.09 million Aussies...

Bali tourism 90 percent ‘recovered’ since volcanic eruption disruption: Tourism Minister

Bali tourism 90 percent ‘recovered’ since volcanic eruption disruption: Tourism Minister

The condition of tourism in Bali has recovered 90 percent of where it was before Mount Agung started rumbling, erupting, and disrupting the island’s biggest money-making...


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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.