Action, Not Inaction

A number of Balinese businesspeople can survive amid the crisis caused by the Bali bombing. They are using the strategy of "meeting the ball" and tightening their belts.

October 14, 2003

DISASTER doesn't mean the end of everything. Look at what Bali hotel and café businessman, Made Wiranatha, and handicraft businesswoman I Gusti Agung Ayu Mas Budawati are doing. After Kuta was destroyed by bomb explosions, the two businesspeople nearly went bankrupt. The number of tourists plunged from around 4,000 a day to merely one-fourth. The domino effect was tremendous: hotel occupancy rates plummeted to below 10 percent from an

...

More Articles