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Tag: bali

  • Bali prime residential prices up 15% last year

    Bali prime residential prices up 15% last year

    Prime residential prices on Bali surged 15 per cent last year, the most among comparable destinations tracked by broker Knight Frank LLP. The cost of villas on the Spanish island of Ibiza climbed 5 per cent and those in Italy’s autonomous region of Sardinia fell 8 per cent, the report said.

    Bali’s gains are set to continue as Indonesia’s government this week begins to discuss revising rules to allow foreigners to directly own luxury apartments in the archipelago, with hopes of implementing changes within two to three months.

    Mr Nathan Ryan, owner of property brokerage Bali Realty, expects interest from China and Singapore once the revisions are made.

    “Asian buyers are no doubt a sleeping giant for Indonesia,” Mr Ryan said from Kerobokan, an area north of Kuta known for its surf and nightlife. “These buyers have plenty of money, but they are turned away by the leasehold property options, as they would prefer to be able to buy freehold.”

    Currently, foreigners can get around the ban against owning real estate in Indonesia by using local citizens as proxies or by structuring the purchase as a long-term lease.

    The government will coordinate with the immigration and tax offices to draft the revisions, Coordinating Minister for Economic Affairs Sofyan Djalil said last Thursday

    Under the proposed amendments, foreigners will be allowed to buy only luxury apartments and not landed property.

    Property prices in Jakarta rose 11 per cent in March from a year earlier, Knight Frank data shows. That is the biggest gain in Asia after Bengaluru in India, where real estate costs climbed 13.6 per cent.

    “If you look at how close Jakarta is to Singapore and given that a lot of Singaporeans also work in Indonesia, there will be interest from Singaporeans,” said Ms Christine Li, director of research for Singapore at Cushman & Wakefield.

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  • Garuda cancels all flights to Denpasar due to volcanic ash

    Garuda cancels all flights to Denpasar due to volcanic ash

    Garuda Indonesia Airlines on Sunday cancelled all flights to Balis Nurah Rai International Airport following its closure again at 9.30 a.m local time on Sunday.

    The flights cancellation was aimed to avoid aviation hazards and to ensure passenger safety due to the volcanic ash being spewed by Mount Raung in East Java Province.

    “Due to the rising eruption of Mount Raung in Bondowoso, East Java, this volcano was closed again on Sunday, that makes Garuda temporarily canceled all flights to Denpasar,” Executive Vice President Corporate Communications PT Garuda Indonesia M Ikhsan Rosan said in his press statement received here on Sunday.

    The Garuda flights were cancelled after a notice was issued to airmen (Notam) “No.A1423/15 which was issued by the Briefing Office of Ministry of Transportation.

    In addition, Garuda also cancelled its flights from Balis Nurah Rai International Airport pending further announcement which will be issued by the Briefing Office.

    Rosan further said that with regard to the mount eruption, Garuda issued policy such as the exemptions of cancellation fee, administration fees, re-booking or reroute fee, refund fee, and other ticket change fees for passengers scheduled to fly to Denpasar on the day.

    Garuda also called flights for the passengers who will fly to and from Denpasar to immediately make changes to ticket reservation through the Call Center Garuda Indonesia (24 hours) at numbers 021-2351 9999 and 0804 1 807 807.

    Apart from that Garuda will continue to update the information on the current situation through www.garuda-indonesia.com and TwitterIndonesiaGaruda,

    On Friday (July 10) Garuda cancelled 112 flights to avoid aviation hazards and to ensure passenger safety due to volcanic ash being spewed by the Mount Raung.

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  • Swissotel to Enter Indonesian Market; Signs New 170-Room Resort in Bali

    Swissotel to Enter Indonesian Market; Signs New 170-Room Resort in Bali

    Swissotel Hotels & Resorts, a leading brand in the FRHI Hotels & Resorts (FRHI) portfolio, today announced that it has entered into an agreement with resort developer PT. Bali Ragawisata to manage Swissotel Bali, a new 170-room resort scheduled to open in late 2017.

    Situated on a striking cliff top in Bukit Pandawa, an expansive and upscale master-planned resort development, Swissotel Bali will enjoy an enviable location on the island, mere minutes from top attractions favoured by international jet-setters and a short drive from the Ngurah Rai (Denpasar) International Airport.

    Designed by TONTON Studio, a leading design firm with extensive experience in high-end hotel development across Indonesia, the resort will offer scenic views of the Indian Ocean from stunning guestrooms featuring spacious outdoor balconies. Completing the guest experience will be a private beach club, four exquisite dining outlets including a spectacular bar, the brand’s signature Purovel Spa & Sport, and 400 square metres (4,300 square feet) of indoor meeting space with outdoor function areas.

    “This is an exciting new addition for the Swissotel brand and a perfect complement to our company’s growing portfolio of city and resort destinations throughout Asia and worldwide,” said Wayne Buckingham, senior vice president, Asia Pacific, FRHI Hotels & Resorts. “In keeping with Swissotel’s brand promise of promoting quality in life, the resort will offer a very inspiring atmosphere which will be bolstered with local attributes authentic to the locale. To be pairing an unbelievable resort product with the natural paradise that is Bali is nothing short of magic.”

    “We are extremely pleased to be partnering with FRHI on this new Swissotel resort project and look forward to working with them to create a truly world-class property,” said Djie Tjian An, PT. Bali Ragawisata. “Bali is a thriving holiday destination popular with travellers from all over the world who are looking for the ultimate mix of relaxation, adventure and cultural flair; Swissotel will deliver against this and more.”

    Located between Java and Lombok, Bali is an island with a population of 3.9 million. It is one of Asia’s leading vacation hotspots and the largest tourist destination in the country, recording more international arrivals than Jakarta, the capital city of Indonesia. In addition to its world-famous beaches, Bali is renowned for its highly developed arts, including traditional and modern dance, sculpture, painting, leather, metalworking, and music.

    Swissotel Hotels & Resorts, renowned for its Swiss inspired hospitality, is extending its international reach with plans to open a number of new developments in the coming years. Projects are slated for China, India, Russia and Turkey as well as other exciting destinations globally.

    About Swissotel Hotels & Resorts

    Conveniently located where travellers want to be, Swissotel Hotels & Resorts provides guests with the opportunity to stay in the heart of more than 30 top locations worldwide, where they can confidently explore the very best each destination has to offer. Synonymous with all there is to love about Switzerland, the brand remains true to its roots, successfully combining genuine Swiss hospitality with intelligent design and local flair. With social responsibility at the forefront and a genuine commitment to positively impact the destinations it calls home, every Swissotel upholds industry-leading sustainability standards and is committed to treating guests, colleagues, and the environment with equal respect. This all comes together to provide guests with peace of mind that is authentically Swiss. Part of FRHI Hotels & Resorts, a leading global hotel company that also operates the Fairmont and Raffles brands, the Swissotel portfolio offers business and leisure guests an authentic and local travel experience that is full of energy, passion and vitality. For more information or reservations, please visit swissotel.com.

  • Bangli holds Balinese Jewelry Fair

    Bangli holds Balinese Jewelry Fair

    The district of Bangli, Bali Province, is holding a Balinese jewelry fair at the Taman Budaya (Cultural Park), here, during the 37th Bali Art Festival being organized from June 13 to July 11, 2015.

    “We display hundreds of Balinese traditional jewelry to introduce them to the public. Bali has various kinds of unique and attractive jewelry,” Ni Wayan Rusmiati, a Balinese jewelry businesswoman, said here, Sunday.

    The price range of Balinese jewelry being offered during the festival is from Rp35 thousand to Rp1.5 million.

    She, however, complained that most visitors to the jewelry fair were just window-shopping.

  • Bali ‘s exports to Spain increased 38.93%

    Bali ‘s exports to Spain increased 38.93%

    The exports of unique Balinese crafts and antiques to Spain increased by 38.93 percent, from US$5.4 million recorded in January-April 2014 to US$7.4 million in the same period in 2015.

    “Spain imports various woven products in the form of sandals, cloth bags, non-knitted items, confectionery, and furniture,” Balinese entrepreneur Made Parwata stated here on Thursday.

    According to Parwata, Balis growth in foreign trade, particularly with Spain, seems positive, especially after the government increased the frequency of flights to European countries.

    He remarked that Spanish consumers are consistent in buying various Balinese art products.

    Spanish importers always order items via email every month.

    In addition to Spain, the Netherlands, Greece, England, France, and the United States are the top ten buyers of Balinese handicrafts.

    According to records provided by the Central Statistics Agency (BPS) of Bali, Spain ranks seventh in the list of largest buyers of Balinese non-oil products in early 2015, after the United States, which is the biggest consumer, with exports amounting to US$38.8 million followed by Japan at US$16.5 million, Singapore US$14 million, and Australia US$13.3 million.

    The increasing number of foreign tourists travelling to Bali is expected to significantly affect foreign trading, especially the sale of souvenirs and agricultural products, including Balinese coffee.

  • Garuda Indonesia trims London flights, boosts Amsterdam

    Garuda Indonesia trims London flights, boosts Amsterdam

    SkyTeam alliance member Garuda Indonesia will reduce its flights between Jakarta and London Gatwick in favour of additional flights to Amsterdam.

    From July 22, Garuda’s London services drop from five-times-weekly via Amsterdam to three-times-weekly, and retain the Dutch detour in each direction.

    That’s also when the airline launches its newest route, Jakarta-Singapore-Amsterdam.

    Running three days per week, this offers travellers a total of six weekly Amsterdam-bound flights – up from five at present – with the return leg from the Netherlands skipping the Singapore stopover to fly non-stop to Jakarta.

    Flight schedule: Jakarta to London, Amsterdam

    On Tuesdays, Fridays and Sundays, Garuda’s Jakarta-Amsterdam-London flights (GA88) depart the Indonesian capital at 11:10pm to reach Amsterdam at 8:30am the following morning. After a two-hour transit, the onward flight pushes back at 10:30am and touches down in London at 10:35am local time.

    Returning via Amsterdam on Mondays, Wednesdays and Saturdays, GA89 is wheels-up from London at 12:25pm – arriving in Amsterdam at 2:45pm, continuing the journey at 4:45pm before landing in Jakarta at 11:50am the next morning.

    Wednesdays, Thursdays and Saturdays see the Jakarta-Singapore-Amsterdam services also flying the GA88 banner, leaving Jakarta at 8:50pm, reaching Singapore at 11:50pm, continuing the journey at 1:30am and then touching down in Amsterdam at 8:30am local time one day after initially departing.

    In reverse, the non-stop Amsterdam-Jakarta services take flight at 4:45pm on Thursdays, Fridays and Sundays as GA89, with passengers disembarking at 11:50am the following calendar day.

    What it means for Aussie transit passengers

    Garuda flies non-stop from Sydney, Melbourne and Perth to Jakarta, with passengers able to fly onwards from there to Amsterdam and London.

    Here’s what the new flight routings and timings mean for Aussie travellers taking the Kangaroo Route or zipping to Amsterdam for business or pleasure.

    Sydney, GA713/712: Flights to Jakarta on Wednesdays come with a five hour transit time, Friday flights offer transits of just 1hr 55m, Saturdays have a 7hr 20m transit while Sunday flights don’t provide same-day connections.

    Returning home, travellers will spend 11hr 50m on the ground at Jakarta’s Soekarno–Hatta International Airport on all days that the airline flies onwards to Sydney.

    Melbourne, GA717/716: Saturday flights provide an ideal connection with a gap of just 2hr 15m between flights, while on Tuesdays and Sundays that stretches to seven hours and on Thursdays you’ll arrive five minutes after the Europe-bound flight has already departed.

    After making the long journey from London or Amsterdam back to Jakarta, you’ll spend 10hr 40m in waiting before flying home to Melbourne on Mondays, Fridays and Saturdays – there’s no connection to Melbourne’s overnight flights on Wednesday evenings.

    Perth, GA725/724: Fly to Jakarta on Tuesdays and Sundays and you’ll have a brisk transit time of only 1hr 55m, although Thursdays and Saturday services don’t pair with an onward journey.

    It’s also bad news on the return with a staggering 22hr 15m wait in Jakarta when the airline has a Jakarta-Perth flight on the following day, so consider a short domestic hop across to Denpasar (Bali) and then journey home from there with Garuda that same afternoon.

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  • AirAsia X cuts frequency to optimise capacity

    AirAsia X cuts frequency to optimise capacity

    AirAsia X Bhd (AAX), the long-haul, low cost airline affiliate of the AirAsia Bhd flew a total of 914,970 passengers in the first quarter, down 15% from 1.08 million passengers in the same quarter in 2014.

    According to AAX’s preliminary operating statistics released yesterday, the carrier recorded a load factor of 74% for the first quarter ended March 31, down 12 percentage points from a year ago.

    AAX said it had implemented frequency cut on certain routes, mainly China and Australia, and concurrently terminated loss-making routes – Adelaide and Nagoya – to optimise capacity in line with its turnaround strategy.

    It said the excess capacity from capacity management had been re-deployed to short-term wet lease and charter operations, to maximise revenue.

    AAX said its passenger traffic, as measured by revenue-passenger-KM (RPK), declined 17% year-on-year to 4,431 million in the first quarter from 5.34 billion in the same quarter last year, while available-seat-KM (ASK) capacity decreased by 3% to 6.02 billion.

    This was due to capacity management and slowdown in marketing activities during the first three months of this year with respect to the QZ 8501 incident in December 2014.

    “Consequently, year-on-year load factor during the quarter dropped 12 percentage points to 74% against 86% in the same period last year.

    “Current bookings trends are in line with expectations for a recovery in the second half of 2015,” the carrier said.

    In terms of fleet movement, AirAsia took deliveries of two A330-300s on operating lease during the quarter, bringing its total number of A330-300s to 25, compared with 19 a year earlier.

    On the associate companies, Thai AirAsia X registered strong loads of 82% for its first quarter, with 155,961 passengers carried, implying continued positive pick-up for the popular routes between Thailand, Japan, and South Korea.

    Thai AirAsia X currently operates 3 A330-300s while Indonesia AirAsia X has two A330-300s serving Bali-Taipei and Bali-Melbourne respectively.

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