Election Increases Business Confidence

July 9th, 2009

Presidential election which has been completed smoothly will birng a positive impact in business confidence as well as strengthen trust of international community. “It is very positive in fastening economic growth”, Chairman of Bali Chapter of Indonesian Employers Association, Panudiana Kuhn said in Denpasar.
He further pointed to the fact that Indonesia is now the third largest demotcratic country of the world. Success of conducting the most critical democratic event, presidential election, will draw positive remarks not only in the country but from international community as well. “Along with the trust, investment will grow faster”, Kuhn, who runs various businesses, said.

For this reason he hopes that the elected leader can maintain the trust both in the country as well as from other countries. Kuhn further exposed several problems which are still burdening business in the country including law certainty, long bureaucratic procedure in license approval, and bank interest rate. These issues have to get proper attention in the future to make investment flow event easier.

He admitted that investment in Indonesia has been positively growing during the last few years. Even in global financial crisis Indonesia is still recording significant growth whilst many other countries experiencing negative growth. Therefore having successful presidential election on top of that strong foundation gives us every reasons we need to be optimistic.  “Yes we are optimistic that economic situation is going to be even better after this presidential election”, he said.

Meanwhile during the election day business activities in Denpasar got almost paralyzed. Offices were closed as the govenrment declared it as a national holidays, many shops were closed, streets were quiet. Whilst most people went to election booths early in the morning, most spent the rest of the day to relax or watch the preliminary count.

Posted in Business, Events, Local News | Comments Off

This entry was posted on Thursday, July 9th, 2009 at 2:00 am and is filed under Business, Events, Local News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

FIND A VILLA

to

to

LIVE CHAT

official member of

ALL ABOUT BALI

Bali guides:
overview - visa regulation - consulates - tourist hotspots - history - religion -
arts & crafts - architecture - nightlife

Bali resorts:
sanur - ubud & kintamani -
jimbaran & uluwatu -
nusa dua & tanjung benoa

Bali districts:
buleleng & singaraja - badung & denpasar - karangasem & amlapura -
klungkung & semarapura -
jembrana & negara - tabanan

Bali activities:surfing - diving -
sailing & cruises - golf - theme parks

More resources:
Bali travel guide directory and detailed map.

CLIENT TESTIMONIALS

Servane Thomas
Stayed at Villa Bali Baik – Seminyak. It was GREAT ! And I hope and I[...]

Colin Dymond
Stayed at Villa Asta – Seminyak. You will be pleased to know we all had a[...]

Tony & Kaye Mount
Stayed at Pantulan and Water Spa Villa We are well settled back into school[...]

Prof. Dato’ Dr. Anshary Ahmed
Stayed at The Khayangan Estate – Uluwatu. We had a very good time in[...]

Maria Soegaard Kleist
Stayed at Villa Windu Sari – Seminyak. We have had a fantastic holiday.[...]

Lynda Sheedy
Stayed at The Khayangan – Uluwatu. .hmmessage P { margin:0px; padding:0px[...]

Kevin Kelpin
Stayed at Villa Bali Baik – Seminyak. Thanks for the follow up message.[...]

Kathrine & Adam
Stayed at Sanur Residence – Sanur. Thanks for you kind email. Yes, we are[...]

Claudia Rokx
Stayed at Villa Bali Baik – Seminyak. We had a wonderful time in the Bali[...]

Eben Burger
Stayed at Villa Kecapi – Seminyak and Villa Ahn – ubud We had the[...]

more testimonials

Client Testimonials

NEWS

20.000 Tourists at the Fourth Day of TLAF
The implementation of Tanah Lot Art Festival achieved tourists’ positive[...]

Bali Provincial Government Imposing Progressive Tax
Bali Provincial government is guaranteeing the imposing of progressive taxation[...]

Badung Council Severe Reaction
Badung Council would not stay calm toward the assumption of human trafficking[...]

Baris Gede Dance Registered to UNESCO
Ministry of Cultural and Tourism Affair planned to register one of Balinese[...]

Artist Should Form Association
Bali artist asked to form copyright association immediately for their[...]

Massive Pendet Dance Achieved MURI Award
Pendet dance performance by 1.650 female dancers in different group of ages[...]

Simultaneous Criminal and Civil Sanction
The government considers to imposing criminal and civil sanction simultaneously[...]

The Most Expensive Temple in Bali
The development of Dalem Temple at Akah Village of Klungkung Regency is the[...]

Courteous and Respectful Critique through Art
Critique through art work dedicated to the government or group of people is far[...]

Bali Garment Wake from its Long Sleep
Garment export or clothes produced by Balinese shine brighter in overseas[...]

more news

Bali News



HOME :: ABOUT US :: LIST A VILLA :: CONTACT US :: LINKS :: DIRECTORY :: PARTNERS :: SITEMAP

villarentalbali.com is owned and operated by Private Leisure International - all rights reserved
website and online marketing by CommerzPlus e-Marketing Solutions