Indonesia
Archipelago
Koster revealed last year that more than 400 car rental and tour businesses in Badung regency, one of Bali’s main tourism hubs, were owned by foreign nationals. Many of these businesses, he said, did not even maintain a physical office on the island.
Beach walk: Tourists walk on April 8 along Kuta beach near Denpasar, Bali. (AFP/Sonny Tumbelaka)
Bali is tightening restrictions on foreign investment in small tourism, food and lifestyle businesses as authorities move to protect local enterprises that have been struggling to compete with a growing number of foreign-owned operators on the holiday island.Bali Governor I Wayan Koster said his administration has delisted 18 business categories from the government’s Online Single Submission (OSS) licensing system, effectively preventing businesses in those sectors from obtaining new licences.
