IMF boss Christine Lagarde revealed the reason for coming to Indonesia -"Indonesian economy is in very good condition"

Bali news and views editor's comments:

After all the gloom and doom the last 48 hours in relation to the earthquakes and tsunamis 1,000 Kilometers away in Sulawesi it's nice to refocus on the good news, especially for Bali in the coming weeks,

From October 12-14, 2018, 2018 Bali will host the Annual Meeting of the International Monetary Fund and World Bank Group Bali Nusa Dua, Indonesia.

I heard somewhere that this is the largest meeting for IMF meeting ever held in history. And naturally so. Every I.M.F. delegate wants to come to the Best Island in the world with themselves and often with their families as well.

Bali will have to contend with congested Roads, especially in the Nusa Dua Convention area and around the airport.

There will be a multitude of police escorted VIPs visiting Bali's best attractions. 

It will all be worth it because the press that Bali receives from this event will be the largest since the Miss Universe contest was changed from Jakarta to Bali several years ago.

It will show how Bali is able to host such a huge prestigious event and pull it off like clock worth at a fraction of what it would cost to have it in other resort areas in the world. 

Many of my friends and associates who are members of our local Skal Bali club will have to put on their best show to impress these very experienced, prestigious travellers at their hotels throughout southern Bali.

This will attract 15,000+ delegates and over 20 world leaders primarily from throughout Asia.

The world's press will focus on this conference and simultaneously feature some of the greatest attractions that Bali has.

Let's pray for great weather, a fine tuned well run conference and most important of course no more earthquakes, tsunamis or any other natural disasters.

As the boss of the I.M.F. Christine Lagarde revealed she believes Indonesia and of course that includes Bali " has a wonderful future":.

"Indonesia and of course that includes Bali " has a wonderful future"I.M.F. Christine Lagarde

I agree with many professionals who project that Indonesia will be the fourth most powerful economic nation in the world in the very near future.

So go Bali and put on your best show.

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Interviewed by Rosi, IMF boss Christine Lagarde revealed the reason for coming to Indonesia SAKINA RAKHMA DIAH SETIAWAN Kompas.com - 

02/03/2018, 07:15 WIB Managing Director of the International Monetary Fund (IMF) Christine Lagarde (left) talks with Maritime Coordinating Minister Luhut Binsar Pandjaitan (above, right) during Lagarde's visit in Cilincing, Jakarta, Wednesday (02/28/2018). Lagarde visited 

Jakarta to attend high-level international conferences and preparations for the annual IMF and World Bank Group meetings to be held in Nusa Dua, Bali, next October. (AFP PHOTO / ADEK BERRY) JAKARTA, KOMPAS.com - Managing Director of the International Monetary Fund ( IMF ) Christine Lagarde has been in Indonesia since a few days ago. 

One of the agenda is to monitor Indonesia's progress in preparing for the 2018 IMF-World Bank Annual Meeting. In his interview at the Rosi event on KompasTV , Thursday (1/3/2018) night), to Rosiana Silalahi , Lagarde said the purpose of his arrival was not only that. 

She wanted to witness first hand the economic progress that Indonesia had achieved in the last two decades after the Asian financial crisis of 1997 and 1998. 

Lagarde revealed, currently the Indonesian economy is in very good condition. This is evident from a number of indicators, both monetary and fiscal. Also read: Sri Mulyani: 

The arrival of the IMF boss is not to offer debt to Indonesia "We see good implementation of monetary and fiscal policies," Lagarde told Rosi. 

\The woman born in Paris, January 1, 1956, also believes that Indonesia will become a very large country in the economic aspect. 

At present, Indonesia has become the country with the third highest economic growth in the region, namely under China and India. Therefore, Lagarde added, Indonesia will also become a major player in the region in the world economy. This is supported by a solid economic base and continues to grow. 

Also read: Lagarde: Think about Indonesia Smart ... "Indonesia will be a player to be reckoned with in the region (Asia / Southeast Asia). Indonesia has a large population and is rich in resources," 

Lagarde said. Lagarde also highlighted Indonesia's high economic growth, which is in the range of 5 percent. Meanwhile, world economic growth only reached 3 percent. 

Latest photos show devastation aftermath of 7.5 earthquake and 3 m tsunami on Indonesian Island of Sulawesi

Bali News and Views Editor's Comments: 

Our hearts and prayers go out to all those who lost loved ones and their homes on our northern island neighbour of Sulawesi in Palu and  area over 1,000 kilometer or 625 miles from Bali's International Airport.

Latest Photos :2018-09-30-10:00 Devastation of 7.5 earthquake and 3 m tsunami in Indonesian island of Sulawesi

Indonesia tsunami: death toll could rise into the thousands, vice-president warns

Bali News and Views Editor's Comments: 

Our hearts and prayers go out to all those who lost loved ones and their homes on our northern island neighbour of Sulawesi in Palu and  area over 1,000 kilometer or 625 miles from Bali's International Airport.

I was in Kuala Lumpur, Malyasia at the time and did not even hear about it until the following morning when I woke up to a message from my assistant the previous day that they had gone down to make sure everything was secure at our beachfront house in Bali  just in case a Tsunami came this far.
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https://www.instagram.com/p/BoRNxz3Bdaq/?utm_source=ig_embed&utm_campaign=embed_video_watch_again

Fortunately it did not and in fact throughout the last hundred years or or even more there has been very little damage in Bali from earthquakes, volcanoes and tsunamis.

Unfortunately my family has relatives living on Sulawesi which they have not been able to get in touch with yet to find out if they suffered any losses. We will certainly send some aid to them if they have.

Let's pray that things will tone down and let people get back to their lives as soon as possible.



Officials warn number of casualties may rise after magnitude-7.5 quake hits Sulawesi

Kate Lamb in Jakarta, Helen Davidson and agencies


Sun 30 Sep 2018 01.11 BSTFirst published on Fri 28 Sep 2018 17.57 BST


A powerful earthquake that rocked the Indonesian island of Sulawesi and triggered a tsunami has killed at least 384 people, with Indonesia’s vice-president, Jusuf Kalla, warning the death toll could rise into the thousands.


Kalla said there had been “no word” yet about casualties in the Sulawesi city of Donggala, home to 300,000 people.


The Red Cross said in a statement that the situation was “extremely worrying”.


“We’re now getting limited communications about the destruction in Palu city, but we have heard nothing from Donggala and this is extremely worrying.”


Athonius Gunawan Agung, an air traffic controller who jumped off a tower roof as it was collapsing while waving out the last flight from Palu airport on Friday night, was one of the first casualties of the disaster.


The 21-year-old broke several bones, including an arm and a leg as he jumped off the tower. His employers sent a helicopter to take him to another city for treatment, but he died 20 minutes before it arrived.



FacebookTwitterPinterest Residents trying to salvage belongings from their homes which collapsed after an earthquake and tsunami hit Palu on Sulawesi island. Photograph: Muhammad Rifki/AFP/Getty Images


The 7.5-magnitude earthquake struck Palu, on the Indonesian island of Sulawesi, just before dusk on Friday, wreaking havoc and destruction across the city and triggering a deadly tsunami on its coast.


In the city of Palu, home to 350,000, at least 384 people have already been confirmed dead, with more than 500 injured.


The quake destroyed thousands of homes in the city, as well as an eight-storey hotel, hospital and a large department store.


The damage has been described as extensive: a main highway was cut off by a landslide and a large bridge washed away by the tsunami wave, which hit Palu’s Talise beach and the coastal town of Donggala.


The tsunami wave reportedly reached as high as 6 metres, and as it approached land was travelling up to 250mph (400km/h).


“The tsunami didn’t come by itself,” said Indonesia’s disaster agency spokesperson Sutopo Purwo Nugroho. “It dragged cars, logs, houses, it hit everything on land.”


Indonesia’s geophysics agency (BMKG) has faced criticism over its handling of a tsunami warning issued after the earthquake was detected.


The agency lifted its tsunami warning 34 minutes after it was first issued following the earthquake based on data available from the closest tidal sensor, around 200 km (125 miles) from Palu.

“We have no observation data at Palu. So we had to use the data we had and make a call based on that,” said Rahmat Triyono, head of the earthquakes and tsunami centre at BMKG.


On Saturday morning as residents awoke to the destruction, with some areas entirely flattened – a horizon of scattered wood, debris and corrugated iron roofs – people have been desperately trying to find their missing relatives.


A Facebook page for information on Palu city has become a pop-up ledger for missing persons, with family members posting pictures of their missing children, wives, fathers and grandparents, in the hope that someone will find them.


Of the almost 400 dead, emergency teams have only identifed 97.
In the aftermath of the disaster, phone communications and seven power stations were knocked out, although on Saturday morning the state electricity company had recovered power at two plants.


With limited communications, it has been impossible for authorities to determine the full extent of the damage or death toll, especially in the coastal town of Donggala, population 270,000.


“Donggala is still unreachable because communications are still cut off,” disaster spokesperson Sutopo, told reporters on Saturday afternoon.


Sutopo said bodies of people killed by the tsunami had been found on the shores of local beaches, but there is yet to be an official tally.


Early witness reports said that people had been killed on Talise beach in Palu.




FacebookTwitterPinterest A man looks for his belongings amid the debris of his destroyed house in Palu. Photograph: Bay Ismoyo/AFP/Getty Images

“Many corpses are scattered on the beach and floating on the surface of the sea,” one local resident, Nining, told kompas.com.


Photos shared on social media showed bodies being lined up on a shoreline, their faces covered in cloth.


Authorities have warned the extent of the tragedy could worsen in the coming days, as more information from currently disconnected areas comes to light.


Hundreds of people planning to attend a beach festival who are now missing, may be among the rising toll.


“When the [tsunami] threat arose yesterday, people were still doing their activities on the beach and did not immediately run – and they became victims,” Sutopo said


Amateur footage that has gone viral on Indonesian social media shows a huge wave hitting the coastline, engulfing the roofs of houses as it crashes into the city, and floods into a nearby mosque.


Search and rescue teams have been deployed to the worst-affected areas, with authorities saying that military transport planes and helicopters would be deployed along with “all national potential”. About 700 army and police officers have also been dispatched to assist in the emergency response.



The military has also started sending in cargo planes with aid, authorities said, from Jakarta and other cities, but evacuees still badly need food and other basic necessities.


As of Saturday evening, more than 16,000 people had been displaced, evacuating to 24 centres in Palu. Indonesia’s president, Joko Widodo, is scheduled to visit evacuation centres in Palu on Sunday.


Indonesia’s disaster agency is working to restore electricity and communications, as well as address urgent needs, such as the provision of medical treatment, temporary housing and basic supplies such as food and water.






Sulawesi tsunami devastates coast in Indonesia – in pictures



Palu’s airport also sustained damage to its control tower and runway. Commercial flights were suspended on Saturday, with only humanitarian and search and rescue flights permitted, although authorities are assessing whether the airport can be reopened on Sunday.


The air traffic controller, Agung, is being honoured by his employers AirNav Indonesia, in a ceremony in the city of Makassar on Saturday night. His rank will be raised by two levels, before his body is handed over to family members.


The strongest quake, caused by activity in the Palu-Koro faultline, hit at 6.02pm on Friday at depth of 10km, and has been followed by dozens of smaller aftershocks, including one of 6.7. An earlier 6.1 quake in central Sulawesi killed several people, injured 10 and damaged dozens of houses.


The shallow tremor was more powerful than a series of earthquakes that killed hundreds on the Indonesian island of Lombok this July and August.


People living hundreds of miles from the epicentre reported feeling the massive quake on Friday, hours after a smaller jolt killed at least one person in the same region.


Indonesia is prone to earthquakes because of its location on the “ring of fire”, an arc of volcanoes and faultlines in the Pacific basin.

Latest Photos :2018-09-30-10:00