Denpasar (Antara Bali) - The Bank of Indonesia's representative office in Denpasar has reported that Bali's in the first half of 2012 have declined due to diminishing catch from the high seas.
When releasing the Bali regional economic report, Deputy BI in Denpasar Sunarto said the reduction in tuna exports to Japan had a significant impact on foreign exchange earnings in the fisheries sector.
The export of fish and lobsters to Japan has also decreased by 14.67 percent.
Therefore, Bali's non-oil foreign exchange earnings in the first quarter has declined 3.3 percent year-on-year, reaching only US$143.55 million, with export volume at 30,500 tonnes.
Meanwhile, Putu Bagiada of Bali Trade and Industry confirmed a decline of 7.59 percent in foreign exchange earnings during the January-May 2012 period.(IGT)
COPYRIGHT © ANTARA News Bali 2012
When releasing the Bali regional economic report, Deputy BI in Denpasar Sunarto said the reduction in tuna exports to Japan had a significant impact on foreign exchange earnings in the fisheries sector.
The export of fish and lobsters to Japan has also decreased by 14.67 percent.
Therefore, Bali's non-oil foreign exchange earnings in the first quarter has declined 3.3 percent year-on-year, reaching only US$143.55 million, with export volume at 30,500 tonnes.
Meanwhile, Putu Bagiada of Bali Trade and Industry confirmed a decline of 7.59 percent in foreign exchange earnings during the January-May 2012 period.(IGT)
Editor : Masuki
COPYRIGHT © ANTARA News Bali 2012