BALI - Garment Sector Has Shrunk Dramatically Since 2005 Terrorist Attack.

Balidiscovery.com, (6/9/2007)

The Indonesian-language BisnisBali reports that around 70% of the companies involved in Bali's off-the-rack garment trade have ceased operations in the aftermath of the second terrorist attack of October 2005. From an original 175 registered Bali members of the Indonesian Textile Association (API), only 40 companies remain in operation as members of the professional grouping. Yunasril Anga, a Directors of API, confirmed that there have been "tens" of garment companies who have gone bankrupt over the past two years resulting in the loss of hundreds of jobs among people living in Bali.

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