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Friday, February 12, 2010

Bali's economy grows by 5.33 percent

The Jakarta Post, Fri, 02/12/2010 2:05 PM, Bali

DENPASAR: Bali's economy displayed a strong resilience against the global economic crisis in 2009 by achieving a 5.33 percent growth.

The Bali statistic office head Ida Komang Wisnu said the growth occurred across the economic spectrum, from agriculture to trade.

"Tourism-related trade, specifically the hotel and restaurant sub-sector, booked the highest growth of 6.24 percent," he said Thursday.

The growth made the hotel and restaurant subsector the largest contributor to the island's economy, followed by agriculture commodities. - JP

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