Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Bali Exports Down
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Bali Exports Down

Global Economic Crisis Spells a Prolonged Business Drought for Bali Exporters


Bali News: Bali, Indonesia, SLVK, Ketut Dharma Siadja, ASEPHI-Bali, Exports, Wood products
Click Image to Enlarge

(11/30/2012)

The global economic crisis is beginning to be felt by exporters in Bali.

Hundreds of members of Association of Exporters and Handicraft Producers (Asephi-Bali) are reporting declining business activity. Experts predict that the current downturn in exports will continue for several years before eventually staging a comeback.

“Almost all our members, totaling 350, say their business is down. The reduction in exports started in 2009. The average rate of decline in exports has averaged 8-9% each year, “ explained the chairman of Asephi-Bali, Ketut Dharma Siadja on Tuesday, November 27, 2012, and quoted in Bisnis.com.

Siadja said the economic crisis in Europe and America and in a number of other markets are causing the drop in exports. Adding, “Stagnation and a drop in export values will continue for a long time, because the economic crisis continues."

Speaking at a seminar on new export rules affecting native wood products, Siadja warned that even though exports are down changes in trade and export rules must be obeyed to ensure Bali exports are received at their port of destination.

New certification rules on processed wood products take effect from January 2013 at which time all wood products must be able to present certificates assuring the wood used in the product comes from renewable wood sources.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
For Your Bali Shopping List
5 Things to Buy During a Bali Holiday
(4/22/2017)
Fugitive Criminal Seeking an Escape
Chinese Criminal Attempts Suicide While Awaiting Extradition to China
(4/22/2017)
Kartini Hangs Ten
Female Surfers in Bali Celebrate Kartini Day by Wearing Sarong Kebayas
(4/22/2017)
Telling Bali You’re the Best
TripAdvisor Travels to Bali to Bestow ‘Best Destination’ Award on the Island
(4/22/2017)
Keeping a Closer Eye of Foreign Visitors
Denpasar Cracking Down on Foreigners Not Following the Immigration and Manpower Regulations
(4/21/2017)
Contraband – Smashed and Burned
Contraband – Smashed and Burned by Bali Customs Office
(4/21/2017)
When the Spirit Moves You
Traditional Dance Performance in Marga, West Bali Turns Bloody when Audience Runs Amuck in Frenzied Trance
(4/21/2017)
A Pungent Peak
Lake Batur at Kintamani Now Plagued by Unexplained Stench
(4/21/2017)
It’s the Only Earth We Have
Earth Day 2017 Dedicated to Education at Bali Safari & Marine Park
(4/21/2017)
Run Way Imagination
Sneak Preview of Bali’s New Airport of the North at Kubutambahan
(4/21/2017)
Beirut by the Bottle
A Lebanese Affair with Château Musar at The St. Regis Bali Resort, Friday, April 28, 2017
(4/21/2017)
A Toke Too Far from Home
German Tourist Arrested with Small Quantity of Marijuana at Bali’s Airpo
(4/21/2017)
All [News]!