‘Bali’s craft export to remain stable’
January 12th, 2009
DENPASAR: The Bali chapter of the Indonesian Employers Association (Apindo) forecasts that the export value of Bali’s handicrafts and souvenirs to Europe and America will remain steady in the first quarter of the year.
“Because we will still be fulfilling the orders we received in September,” head of the Apindo chapter Panudiana Kuhn said Monday as quoted by beritabali.com
Panudiana said the export value would begin to decline in April, adding that Bali producers should expect a greater number of small orders and a lower number of bulk orders.
“Maybe there will be no more orders in April. We will start to feel the impact of the ongoing global economic crisis,” he said, adding that the export growth would decrease by 10 percent.
Apindo data shows Bali exports on average a total of US$500 million in products per year. — JP
Source: The Jakarta Post
Entry Filed under: Bali Tourism News
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