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Last updated : Nov 2009
 
Bali Business Profile
Bali Business Overview - TravelPuppy.com
Bali Economy

Bali's economy is mostly agrarian: the vast majority of the Balinese are still simple farmers working in the fields. Coffee, copra and cattle are the major agricultural exports, most of the rice goes to feed Bali's own population. Although the Balinese are island people, their unusual tendency to focus on the mountains rather than the ocean is reflected in the importance of fishing.

While there are plenty of fishing villages and fish are part of the Balinese diet, fishing is not on the scale you might expect, given how much ocean there is around the island.

Tourism plays an important role in the Balinese economy, not only in providing accommodation, meals and services to many visitors but also in providing a market for all the arts and crafts!

Business Tips

Dress Code

Dressing for business meetings consists of suits for both men and women. Otherwise, clothing should comprise lightweight, casual items. Warmer clothes are ideal for cool evenings and the upland areas. In temples and government buildings, more formal clothing is essential.

Greeting Someone in Bali

Business people should be addressed with a handshake and by their title for both men and women. Business cards are also important and should be exchanged during introductions.

Business Hours and Banking

Business hours in Bali are Monday to Friday, 09:00 till 13:00 and 14:00 till 17:00. Most places will also trade Saturday mornings 09:00 to 13:00. Banks do not be open on Saturday morning but open during the week from 09:30 to 15:00.

Smoking

Smoking is banned on public transport in Bali and the visitor should observe this even if the locals often do not. In meetings, it is advisable to refrain and take cues from the host.
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