Liberalized Air Traffic Rights on Tap via ASEAN ‘Open Skies’ at Bali and 4 Other Indonesian Airports.
(1/20/2010) Bisnis.com reports that the Ministry of Transportation will soon designate five airports as participants in the Association of Southeast Asian Nations (ASEAN) “open skies” program commencing from 2013.
The Director General of Air Transportation, Herry Bakti S. Gumay, revealed that the five airports expected to be included in the program are: Soekarno-Hatta (Cengkareng) in Jakarta, Kuala Namu (Medan, North Sumatra), Ngurah Rai (Denpasar, Bali), Juanda (Surabaya) and Hasanuddin (Makassar, South Sulawesi).
Bakti said: “At the …

Garuda Moves Ahead with IPO
25% of Indonesian National Carrier on Sales as Garuda Restructures its Finances.
The Indonesian government has confirmed that the national airline PT Garuda Indonesia will offer up to 25% of its shares via am initial public offering scheduled for Q2 of 2010.
To this end, an underwriter has been appointed by Garuda.
The Minister for State-Owned Enterprises, Mustafa Abubakar, told Bisnis Indonesia: “25% of Garuda shares will be released to the market. The funds will be used to pay for the expansion of the company. The entire process is …

The Island of Bali is a famous tourist spot which is situated in Indonesia, South East Asia. The Bali tour is a wonderful tour where the tourist can witness its tradition, culture and its ancient beauty. It doesn’t matter how many days the tourist spends their days in Bali, it matters that they won’t forgot those days they have been here. Bali travel contains many things that simply attracts the children as well as their parents such as museums, shrines etc.
The Bali tour takes the tourist to amazing museums like …

Low-Cost Indonesian Carrier Mandala Suspends Services and Returns Rented Planes, Vowing to Resume Services in 45 Days. 2 Daily Bali Flight Affected.
The Indonesian budget carrier Mandala Airlines suspended all flights to 13 domestic and 3 regional destinations effective Thursday, January 13, 2011. The airline has said the closure is “temporary” and only for 30-45 days while the company explores options to deal with mounting debt.
Bisnis.com reports that Mandala is seeking a new investor with fresh capital capable of purchasing 5 new aircraft …

Next Wednesday, Feb 01, 2012, Balinese Hindu will celebrate Dharma Victorious Day called Galungan. It is celebrated every 210 days of ordinary calendar or a period of Balinese Calendar. The series days of celebrating Galungan had been started a week ago, there was Sugihan Bali, Sugihan Jawa, Penyajaan, Pengejukan Day, Penampahan and finally Galungan Day. The process is completely full of philosophical meaning where each Hindu in Bali should show their respect to The Almighty God and their ancestor. Each step of the series is internally a form of the …

(1/1/2010) The Bali Tourism Authority (BTA) has announced that it will continue to promote in key potential markets, such as Australia and Japan. Australia and Japan continued to be the main source markets for Bali tourism in 2009 with Australia displacing Japan as the top producing country for visitors.
Beritabali.com quotes the Head of the BTA, Ida Bagus Subhisku, as saying the demand for Bali among Japanese and Australian tourist remains high, with many travelers from these markets yet to discover Bali for the first time. Said Subhisku: “Many Australians and …