Bali economy shrank by 9.31 percent in 2020

The economy in Bali shrank by 9.31 percent year-on-year in 2020, the National Statistics Agency (BPS) announced today, as the coronavirus pandemic brought the tourism-dependent province to a shuddering halt.
In the last quarter of 2020, Bali’s economy shrank by 12.21 percent year-on-year, which represented a 0.94 percent growth from the previous quarter.
BPS cited travel restrictions introduced prior to the year-end holidays as having impacted the local economy, as it resulted in many travelers from other parts of Indonesia cancelling their trips to the island.
“Those [restrictions] really impacted the economy in the fourth quarter of 2020 for Bali province,” Hanif Yahya, who heads the BPS office in Bali, said during a press conference earlier today.
BPS also today announced that Indonesia’s economy contracted by 2.07 percent year-on-year in 2020, the first annual contraction since the 1998 financial crisis.
By the end of the third quarter of 2020, Bali and the Nusa Tenggara islands were the hardest hit regions in Indonesia amid the COVID-19 pandemic. This week, the Indonesian Hotel and Restaurant Association (PHRI) said that at least 60 hotels across the province are being put up for sale due to continued decline in occupancy rates.
He was found after a two-day search. This article, COVID-19 patient who fled hospital said he was ‘afraid of injections,’ handed 6 months in jail, originally appeared on Coconuts, Asia’s leading alternative media company.
Lucknow, India — After a glacier burst in northern India, rescue efforts continued as 18 people were confirmed dead on Monday (Feb 8), with at least 200 others missing. After the glacier broke off a mountainside on Sunday (Feb 7), it triggered a flash flood through a valley in the northern state of Uttarakhand. Along […]
From 8 February 2021, GrabPay users can now transfer funds out of their GrabPay wallets to local bank accounts and other e-wallets. The post GrabPay Funds Can Now Be Transferred To Local Bank Accounts, PayNow Users, Selected E-Wallets appeared first on Vulcan Post.
Singapore – Former Nominated Member of Parliament Calvin Cheng, known for his pro-Government views, took to social media to highlight he had lunch with Workers’ Party (WP) parliamentarian Jamus Lim. He also apologised to Dr Lim for being rude to him on the internet. “Kumbaya with the Workers’ Party, Part 2,” wrote Mr Cheng in […]
There are reports of an alleged hacker selling personal data of over 380,000 e-pay Malaysia users in a database breach. Here’s what to know. The post 380k e-pay Malaysia Users Have Had Their Data Allegedly Leaked, Here’s What To Know appeared first on Vulcan Post.
The Indonesian government has issued a decree banning regional governments and public schools from mandating religious elements on student uniforms, following a public outcry over an implementation of the discriminatory rule just last month. This article, Indonesia revokes religious dress code regulations in public schools, originally appeared on Coconuts, Asia’s leading alternative media company.
Autel car diagnostic