More than 19,000 workers in Bali told to stay home as COVID-19 hits local economy hard

Nearly 500 have also lost their jobs due to the coronavirus outbreak.

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Thousands of workers in Bali on unpaid leave, hundreds more laid off: officials

Thousands of workers in Bali on unpaid leave, hundreds more laid off: officials

Local authorities in Bali are reporting hundreds of workers having lost their jobs due to the COVID-19 outbreak and its subsequent impacts on the tourism industry, while thousands...

Bali hotels roll out cheap promos or shut to survive coronavirus outbreak

Bali hotels roll out cheap promos or shut to survive coronavirus outbreak

Hotels in Bali are reportedly making necessary adjustments to respond to the impacts of the coronavirus outbreak on the tourism industry, including temporarily suspending...

Hotel staff in Bali reportedly subject to half-month shifts amid coronavirus outbreak

Hotel staff in Bali reportedly subject to half-month shifts amid coronavirus outbreak

The outbreak of COVID-19 has posed a major challenge for the tourism sector.

‘Cheap attack’: Perth-based NGO criticizes Australian official’s call to stop going to Bali

‘Cheap attack’: Perth-based NGO criticizes Australian official’s call to stop going to Bali

The President of Perth-based Indonesia Institute Inc., an NGO active in promoting Indonesia-Australia relations in both countries, has panned a recent statement from an Australian...

Australian official urges citizens to ‘stop going to Bali’ to save local tourism industry

Australian official urges citizens to ‘stop going to Bali’ to save local tourism industry

In a bid to help Australian businesses affected by the China travel ban amid the COVID-19 outbreak, the official said Western Australians should instead stay and explore their...

Garuda Indonesia to open new international flight routes from Denpasar following flight suspensions due to coronavirus outbreak

Garuda Indonesia to open new international flight routes from Denpasar following flight suspensions due to coronavirus outbreak

There will soon be more direct international flights from Denpasar.

Indonesian gov’t plans to move state meetings to Bali to curtail impact of coronavirus outbreak on tourism

Indonesian gov’t plans to move state meetings to Bali to curtail impact of coronavirus outbreak on tourism

The Indonesian government is reportedly working on a contingency plan as part of an attempt to curtail the blow from the novel coronavirus outbreak.

Bali faces potential IDR1 trillion loss per month due to coronavirus outbreak: Tourism Board

Bali faces potential IDR1 trillion loss per month due to coronavirus outbreak: Tourism Board

Tourism is undoubtedly one of the biggest contributors to Bali’s economy, but money flowing in from the industry is going to dry up considerably amid the global health emergency...

Foreign exchange association find at at least a dozen suspected fake money changers in Ubud

Foreign exchange association find at at least a dozen suspected fake money changers in Ubud

The group says they are working with local authorities to carry out a crackdown in the area.


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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.

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