Bali: There Is A Light That Never Goes Out
August 2021
Bali, The Island of Gods, is recovering from the pandemic each day. The people of Bali are making sure that their household could survive during this unexpected era. The tourism industry has virtually died, as salaries cut off from the industry has reached 80% to maintain the cash flow on each business. Clearly, tourism may not be the best option to hold on to pay the bills. Thus, the locals are seeking other opportunities. Owners and employees are starting to be more creative by changing their lanes of work field, some by creating a business out of premium ingredients harvested in Bali.
As famous Indonesian literature has said, God created this motherland while smiling. Indeed, it is true and we have all been conscious of Indonesia's richness of herbs and spices with top-notch unique cuisine from each state. Locals are making sure that they have maximized all of their potentials, such as rice fields, premium graded herbs from the local farmer, and other plantation products like chocolate, traditional spices, and other crops. Such, Local villa owners of Villa Bantes and Bulian Homestay has made a new business making herbal drinks with ginger and turmeric and selling them at markets. The owner taught some of his former employees on how to make the traditional drinks so that he could still provide a work field and they can also sell them. Some are exported and regionally sold to many cities in Indonesia. Bali has great potential in natural and sustainable business, many owners have come to a consciousness that this is a paradise area for international investors.
The statistics have shown that there is 353,802 ha land in Bali, consisting of 80,063 ha paddy fields and 273,739 drylands. Moreover, 80% of the world's population uses herbs and plantations for daily consumption. Hence, this is an exceptional opportunity for businesses to thrive after pandemic collapses. One step forward is better than no steps at all. Bali is not only for the tourism sector, it also thrives on abilities to develop and expand natural resources goods. It also gives a great impact on Indonesia, they make up the country’s trade balance. When the country exports more than it imports, it has a trade surplus.
Thus, Moores Rowland Indonesia has also participated in making sure that sustainable and small businesses could earn the best options and opportunities during this era. We are the one-stop Sustainability Reporting business on the economic, environmental, and social policies, impacts, and performance of an organization and its products in the context of sustainable development. Commonly referred to as Triple Bottom Line Reporting, it underlines the fact that in carrying out its operations a company has responsibilities to the environment and society at large as well as to its shareholders.
To achieve this we follow a unique way of taking care of today’s challenges while seeking a better tomorrow, for we see the world not just as it is but as it can and should be. In this regard, we act on our words, as exemplified by our long-standing commitment to the hiring of disadvantaged staff, which is an important statement of who we are. Your business is equally important to us and we will continue to build our capabilities so that we can better meet your needs. Thus, Moores Rowland Indonesia has provided one stop services as :
- Audit
Financial audit services are all about producing trustworthy financial information, but at Moores Rowland Indonesia we go a step further than just making sure the figures add up. We can advise you on the consistency and reliability of your financial information. As well as looking at the audit of your financial statements, we will help you improve the way that you produce and present economic and financial information - to help you manage risks effectively
- Tax
Moores Rowland in Indonesia and Praxity firms provide both national and international tax services to a diverse global client base. We work with global owner-managed businesses and European listed companies, but also with local companies, and private individuals. So wherever you are located, we can support you with local and global advice
- Advisory Services
Moores Rowland Indonesia offers a full range of services that will give you a clear insight into your company strategy, business processes, and financial reports. We also give you all the necessary advice and support to manage your operational and financial processes and the risks involved.
- Transaction Services
Moores Rowland Transaction Services teams can offer all the necessary skills and expertise to serve all aspects of your transactions, from valuation, due diligence, and assistance to underperforming business and litigation support.
We have 6 core values to respect for human rights in every facet of our operations and interactions from the foundation on which our firm has been built. Our commitment to sustainable business practices is demonstrated through integrity, independence, continuity, responsibility, technical ability, and respect. Hence, here’s why you should work with us in Bali :
- We value human rights, Moores Rowland Indonesia believed that it would be able to assist the various sectoral companies, both on a national and multinational scale to conduct a Human Rights Impact Assessment and develop a human rights system within their business.
- Moores Rowland is a member of the select group of accredited assessors of the Global Network Initiative (GNI), to provide an independent assessment of compliance by GNI member companies with GNI’s Principles on Freedom of Expression and Privacy.
- Moores Rowland in Indonesia is an Organizational Stakeholder of the Global Reporting Initiative (GRI) and licensed as an assurance provider by Accountability (UK). As an Organizational Stakeholder of GRI, Moores Rowland is also a promoter of the whole concept of sustainability reporting and provides consultancy as well as training to both business executives and government officials on what responsible sustainability reporting actually entails.
Contact us for further details on this information and investment opportunities.