20% Increase in Bali's Foreign Workers Reported by Badung Regency. Bali News: Documented Foreign Workers in Bali on the Rise. (5/3/2008) BisnisBali reports that the number of foreign workers holding "legal" work permits has increased +20.12% in the past year with 854 foreigners now on the books of the Manpower office for the Badung Regency. Of that total, 409 foreign workers are employed in the hotel sector, dominated by Japanese (185), followed by the U.K. (64), Dutch (61), U.S.A.

Join Indonesia's Leaders in Finance and Investment in Bali May 21-22, 2008. Bali News: The Indonesian Investment Conference in Bali (5/3/2008) A major investment conference involving Indonesia's key economic architects from the Ministry of Finance, the Central Bank and business leaders from the business and financial sectors will address issues, including the countries economic outlook; latest developments in the capital markets; standards and opportunities in infrastructure investment; and...

The Central Statistics Agency (BPS) said Friday Indonesia saw a 15.7 percent jump in the number of foreign arrivals to 1.41 million in the first quarter of 2008 from 1.22 million in the same period last year. In March alone, the number of foreign arrivals hit 502,000, up by 13.30 percent from 443,100 in the same month last year.

A resources-based commodities boom has boosted the country's export figures in the first quarter of this year by 31.7 percent, the latest survey reveals. The latest data from the Central Statistic Agency (BPS) show Indonesia's exports climbed to US$33.6 billion in the first quarter of 2008 from $25.5 billion in the same period last year thanks to a surge in crude oil prices.

Denpasar (ANTARA News) - Australian Trade Minister Simon Crean is taking part in the ASEAN Economic Ministers - Closer Economic Relations (AEM-CER) consultations in Nusa Dua, Bali, on Saturday. The meeting is being attended by 14 economic ministers from ASEAN and ministers of four countries outside ASEAN. Australia is pressing hard to finalize negotiations this year on the Australia-ASEAN-New Zealand Free Trade Agreement (AANZFTA).

If I'm not mistaken, Indonesia is net oil importer. Thus, actually the situation just got worse not better after the price increase.