Impact of the global economy due to the Corona virus

Impact of the global economy due to the Corona virus

China has decided to close its economic path to stop the spread of the epidemic of the corona virus (covid-19). As the country of origin of the plague, the Chinese economy will of course be devastated. The problem is that China is a country with the second largest economic power in the world. They represent almost a third of global economic growth. In other words, if they were hit, it would have a domino effect. Namely, other countries will also be devastated and could be more serious. So, no need to be surprised if the New York Times classroom media published an article titled “China Shuts Down Economic Activities to Fight Corona Virus”. Now the world is suffering “.

As the country with the second largest economic power in the world, even the largest population in the world, China holds the economic role of many countries, mainly in tourism. In the AfDB’s notes, the five countries with the most tourist visits from China in 2018 are Hong Kong (68% of tourists come from China), Palau (39%), Cambodia (33%), Vietnam (32%) and South Korea (South Korea) 31%).

Brief analysis on Tourism Impact

With these notes, the AfDB also established four scenarios of economic influence on the tourism side. First, if tourism in China is closed 2 months (best case scenario), then 3 months (moderate), 6 months (bad) and more than 6 months (worst).

Brief analysis on Tourism Impact

Best case scenario: Tourism from outside Asia to non-Chinese Asian countries, such as East or Southeast Asia, will decline in the same way as during SARS, around 7.7 %.

Moderate scenario: Tourism from outside Asia to non-Chinese Asian countries, such as East or Southeast Asia, will decline by around 17.7%.

Bad and worst-case scenario: Tourism from outside Asia to non-Chinese Asian countries, such as East or Southeast Asia, will drop by 47.7%.

Impact of overall losses

According to AfDB calculations, the global impact of the corona virus will be between 77 and 347 billion US dollars. This figure is equivalent to 0.1% to 0.4% of global GDP. In the same scenario, on a global scale, the potential loss of the world economy reaches 155 billion dollars and China alone, 103 billion dollars. It is in a moderate scenario. If the scenario is bad, on a global scale the potential loss of the world reaches $ 346 billion. The figure comes from the potential loss of China (US $ 236 billion), non-Chinese Asian countries (US $ 42 billion) and the rest of other countries (US $ 68 billion).

The global losses incurred due to the corona virus are indeed devastating as a result, how a country could collapse because of this corona virus. How does the world overcome exactly that? Let us all pray that this virus disappears quickly and that no victims fall because of this virus

A Romantic Gateway: Honeymoon at Nusa Dua Beach Resort

A Romantic Gateway: Honeymoon at Nusa Dua Beach Resort

Whether you are celebrating the union with your love or taking a yearly couple gateway, you’ll want a pampering quality time where the two of you could relax and just appreciate the presence of one another, soak up in the blissful feeling of honeymoon. To enjoy a romantic vacation somewhere near the beach with a glass of ice cold Mojito in hand. Like this Nusa Dua beach resort, which was seemingly made to appreciate the luxury of holiday with special ones. 

Why You’ll Love Your Honeymoon Room at Nusa Dua Beach Resort

Why You’ll Love Your Honeymoon Room at Nusa Dua Beach Resort

Our personal favourite rooms for honeymooners in this resort is the Benoa Ocean View Suite and Grand Benoa Ocean View Suite, where you can enjoy panoramic vista of the Benoa Bay right from the comfort of your room. Imagine waking up in a tranquil morning, opening up the curtain and seeing the sea glitters in afar. Step up to the balcony, sipping warm morning coffee with your loved ones and enjoying the soothing coastal breeze. You would also love to hear that the suite includes in-suite breakfast, fruits, flowers arrangements, and in-suite afternoon tea plus snack. This means you don’t have to go downstairs to grab breakfast when all you want to do is to just stay longer in bed. And when it come to bath time, soak up in rose-petal filled bathtub—this is just what you need in a honeymoon holiday. 

A Discounted Rate for Longer Stay 

Could you do honeymoon in just 1D1N stay? You need more than that. Luckily, this Nusa Dua beach resort let you stay longer and pay for less. For four days or more stay, you will get special discounted rate and more deduction on food and beverages. This is the way to maximise your quality time with your spouse without worrying about the bills. 

Romantic Dining as Cheesy as You Want It

Romantic Dining as Cheesy as You Want It

And what is honeymoon without at least one cheesy candle light dinner with a bed of petal flowers on the floor? This might cringe you out, but it’s definitely worth having especially on your post-wedding celebration!

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Undisturbed Peace at Nusa Dua Beach Resort

Nusa Dua, being the resort enclave in Bali, has significantly less crowded than Kuta, Seminyak, Canggu, and other coastal areas in the island. This means less traffic jams, less taxi drivers driving slowly on the road, and less tourist shop merchants trying to sell you something every five minutes.

The resort is perfectly situated in the quietest beach town in Bali for some peaceful and relaxing time. You could take your lover to enjoy a dip in Holiday Inn’s magnificent pool overlooking the ocean all day long. Or you can reserve two loungers in the private beach for some day dreaming time. 

Spa at Whenever You Like It

One of the best thing to do on your honeymoon is having a couple spa to rejuvenate the bodies. The good thing is, you don’t have to step out to get the best spa pampering. The Holiday Inn beach resort has one of the best spa in Nusa Dua and you would love every second of it! Come out with refreshed body and do whatever couple in love want to do afterwards. 

The Idea Of Self-Coaching For Entrepreneurs

Many entrepreneurs including the seasoned ones have claimed that having a business coach is very beneficial for themselves and their business. Business coach is like your facilitator with the right skills, tools, and method to guide you. The coaching industry within this past few years has increased significantly. It means that many people find it helpful to have a business coach. However, have you ever considered coaching yourself instead? Will it be helpful just like hiring professional business coach?

Entrepreneurs

Self-coaching and successful business

Many professional business coaches have recommended that while you hiring a professional, it is good if you can coach yourself as well. They suggest their clients to continue the process of self-reflection outside of your sessions. It allows you to improve and grow yourself because you add another dimensions to help you achieve your goals. 

Here are what you can do if you are interested in self-coaching:

Have a courage to make a deep conversation with yourself. It is not something crazy. Actually, you have been used to do it but maybe you are not really aware. Now, you can try to make a conversation with yourself consciously. The conversation allows you to make your own review of your own performances. 

You will also be able to address the issues you have. In this type of conversation, you have to be brave enough to ask yourself if the real problems is you and what solution is best to take. It sounds simple but not many people are courageous enough to face and overcome their own personal challenges and barriers. 

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Then, you can also try to challenges yourself to see and review your projection. Keep in mind that when you hire a business coach, it is often for you to share opinions. Sometimes, it clashes because you see from different perspectives. However, you learn something from that. Now, you try to make conversation with yourself and challenge how you interpret your internal and external world through variety of perceptions. This way, you will be able to spot something wrong. 

Be courageous to admit your own mistakes started to yourself. It is easy to blame mistakes to others. However, it is not the right norm because it is unhealthy and unhelpful. Remember self-coaching is far different from self-loathing or self-blaming. It is about how you can admit to yourself if you make mistakes and how to turn them into learning opportunities. Therefore, you can make objective judgment and analysis to fix the problems. Through self-coaching, you learn how to be more insightful, mindful, and authentic. 

Focus on the right challenges or problems so you can stay focused in your self-coaching. It allows you to navigate your energy into finding what is exactly going on. It also allows you to find more clarity on small-scale-issues. This results in increasing your self-awareness so you will find the right questions. Then, you will ultimately find the right answers and solutions. Self-coaching needs self-acceptance to be successful so you grow to become more conscious, mindful, aware, and insightful.

Villa Seminyak Staying Within Annually

Villa Seminyak boasts some of the most finest property and real estate in Bali. It supported by the fact that Seminyak region have been a trendsetter for any Bali attraction. For instance, the trends in tourism, shopping, vacation, investment, etc.

Villa Seminyak

Moreover, it surround by the legendary sunsets by the beach and you can enjoy its tranquil beauty. Worth to mention, other favourite attraction for tourism that can be spot in Seminyak, Balinese ceremony. Tourist can marvel at the iconic Balinese ceremonies by the beach, fulfill with gamelan playing by Balinese locals.

Of course, this will be a whole new experience to you and further an intimate vacation while you stay in Villa Seminyak. The sophisticated luxury and dream living in seminyak will entice you to the most glorious adventure in Bali for a short or even long term.

Benefit Of Staying Villa Seminyak Annually

While on short vacation, we might only have a limited time to explore the beauty of Seminyak. Its a bit pity that you would miss other extraordinary things and attraction in Seminyak. This what makes moving abroad and staying annually a great option to that.

Villa Seminyak Stunning Living Room

By staying annually in Villa Seminyak, you could witness the best memorable events and sightseeing in the region. Not only in Seminyak, but you could have the time to marvel whole island of Bali. Moreover, with staying annually you could benefit from the surrounding environment which can open up your perspective. We could adapt and learn the most fascinating culture, tradition and ethics which brought by Balinese belief and values.

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Beautiful Close Living Room Villa For Lease Annually

If you are heading to a long term vacation and intention to stay in Bali for up to annually, consider this option to match your desire. This beautiful villa seminyak is available to lease annually and prepared exclusively for the type of visitor like you.

Villa Seminyak Tropical Dining Set

This astonishing tropical unit is located in the heart of Seminyak. Enclose with 2 spacious and stylish bedrooms, moreover artistic bathrooms. Designed and furnished equally that match the pictures, also decorate in a great taste and idea which provides great comfort. This villa generously offers lux of living room, airy dining area, full set kitchen, swimming pool, a vast storage and extra parking area.

Cover in a tempting land size of 2,2 are, this marks as an ideal option for long term stay. Furthermore, this unit is available for rent with a strategic location in Seminyak and only 10 minutes away from the beach. Enquire this villa for lease annually now with the best deal and rate you could imagine. With a submit of simple form, you could also get the return on investment report for investment.

Marketing And Communication Strategies For Business Today

The pandemic has shaped business world into new era. Your business still have to run even if the pandemic is over. However, the new era has come and your business should adapt to it. Facing new era, there are many areas of your business which are greatly affected, forcing you to develop new strategies to thrive. Those areas are marketing and communication. Both are intertwined with another. One key for the change in business world today is digital transformation. 

Marketing And Communication Strategies For Business Today

The digital era of the future for business

Marketing and communication will start revolving around digital transformation from now on. In the past, virtual element is still consider not real. Today, it has become part of reality. Instead of refuse it, you can take advantage of it to make better decision in planning for marketing and communication strategies. 

Rethinking investment

Your marketing team should start to consider rethinking investment and spending of your business. Today, digital marketing is considered the most relevant and effective due to the limited access of offline marketing. Many businesses are getting familiar with how digital marketing work. Thus, it is wise to make more effective strategies for online marketing and combine it with offline activities. It will ensure that customers will stay engaged and loyal regardless of the situation in the future. For digital marketing, you can use visual content and collaborate it with social marketing strategy.

Rebrand your company message

Rebrand your company message

It is also important to rebrand your message. However, it doesn’t mean you have to change your message of the brand. Instead, you can focus on reimagining your brand perception and awareness. You can sharpen your previous message and make it more relevant with what the market demand today and in the future. You have to tweak, reflect, or sharpen the focus a bit.

Show credibility to customers

The main purpose for the reshaping or sharpening your message is to show your credibility as problem-solver to your customers. It is important that your message still touches the sensitivity of the current situation while offering your availability at anytime in the future. Ensuring your customers that you can help at any situation is the purpose of the reshaping of your message. This way, your customers know where to turn to when they are in need.

Think content for marketing and communication strategy

Your content is important for marketing and communication strategy. Without content, you may fail to deliver the message after all. However, it is crucial that you create content that is aligned with your new customer behavior. With the pandemic and new era, customer behavior is also shifted. Thus, you have to adapt to it as well. Provide content that can deliver message to your customer efficiently. Create content with empathy and humanity. Make sure that your content is also relevant to the current situation. 

Connect to your customers emotionally

Connect to your customer emotionally through marketing and communication strategies. Make sure that you make brand purpose which resonate with what your customers need. Rebuild your brand to be more reachable for your customers. Use any tools that can improve customer experience as well so your brand will be more valuable to them.

A Wellness Tulamben Diving Retreat

With its long standing traditions of healing and culture that closely ties to nature, Bali becomes the perfect home for the growth of modern holistic wellbeing. Healthy licing, vegan food, yoga studios, and meditation are no stranger in this tiny island. And when you come to this tropical paradise for some underwater adventures, wellness retreat can be a great topside complement to your island gateway. Especially in place in Tulamben where the water is rich with life and the quiet village vibrates peacefulness and tranquility. Tulamben is one of main destination for diving in Bali and it’s surrounding is just perfect to have some zen. 

A Wellness Tulamben Diving Retreat You Should Try

Why Should I Do Yoga While Diving in Tulamben? 

Yoga has proven its benefit again and again—not just for clearing up your mind from worldly worries, but also to health in general. The regulated breathing promoted in yoga trains you to relax through deep, slow and steady inhalation and exhalation, which is very important to diving. Learning a proper breathing techniques encourage the body to use maximum capacity of the lungs, enables you to absorb oxygen efficiently. When you are diving, you will need to inhale and exhale through the mouthpiece at a steady pace. It’s very important to keep the pace of your breathing and maintain your calm when you were submerge underwater. The number one motto in diving is “never hold your breathe”. Doing yoga before your diving session in Tulamben could help you a lot with the breathing. 

Do Yoga Every Morning Before the Tulamben Diving 

Wake up early in the morning. Walk outside your bedroom while the redness of the sun bathes the walls and the surrounding. Absorb the moment. It’s time to spread your yoga mat, start your poses, and immerse in the quietness of the morning. 

At One with the Ocean with Yoga 

At One with the Ocean with Yoga

Yoga is more than doing “correct” poses, especially when you do it with intention of improving your scuba diving experience. Through concentration and controlled breathing, yoga allows us to have a deeper connection with the sea. Practicing yoga helps us to understand that we are made from 75% water, and this we too, are like the ocean. With regular breathing and focuses mind, you can be able to bring yoga to the sea and feel blending in with the water, allowing tensions in muscles and mind to go. The result? A clear mind and easier movements during the dives. 

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Try Balinese Cooking Class After the Diving 

Part of wellness retreat is being mindful of what you eat, and this is especially important on diving holiday! Divers tend to need more proteins and low-fat products in order to maintain their prime conditions for the dives. Join some Balinese cooking class after your Tulamben diving session has ended. Bali is the heaven of healthy foods! They also have lots of vegetarian dishes which goes with their spirituality—which are absolutely a must try if it aligns with your diet. Pack up healthy carbs with local veggies, fruits, and proteins from fishes, eggs, or lean meat to bring extra stamina for the dive. 

Money-Saving Decision For Small Business

Small businesses may develop different operation especially because of limited access to money. It is not always because they are lack of financial support. It is mostly because any decision they make will affect their business finance. Thus, money-saving decision is crucial for small business to keep operating while growing at the same time. 

Balancing small business budget by money-saving

Balancing small business budget by money-saving

Balancing budget of small business can be challenging because the slightest change to the finance can cause major tremors to the overall operation. Thus, financial planning is very important for small business. One of the most effective and helpful strategies is money-saving. Here are some tips for your small business’s money saving.

Reevaluate your business

During this pandemic, all businesses are affected including the small one. For your small business, it is very essential to reevaluate your toolkit to ensure your business can run effectively during the crisis without unnecessarily wasting too much money. One important element you have to take into consideration is the toolkit. Different toolkit comes with different prices and functionality. Thus, choose the one that is only essential for your business. 

Negotiate more with your vendors

In this struggling time, everyone is suffered. Thus, helping each others out is the best solution. Many vendors prefer lowering their prices instead of losing their customer entirely. If your business relies on a vendor, negotiate more to have lower prices. However, make sure that you give reasonable explanation on why you have to reach out to them. 

Keep some of the revenue

Money-Saving Decision For Small Business

Saving money is not always especially for a small business that has already had a tight rope. However, you can plan to keep 10% of the revenue in cash in the bank. This percentage of revenue will be a life saver for your business just in case it faces difficult times. You will be able to make good decision knowing that you have that 10% of the revenue to save your business when needed. 

Reuse and recycle

You can also save money by reuse and recycle your inventories. You can find a way to cut down any unnecessary expenses. One of them is your office supplies. Instead of keep buying new assets every year, it is wise to reuse and recycle as long as they are still function properly. This way, you can save money and reduce the waste. 

Try other source of income

To save money, you cannot just rely solely on your core revenue. If it is possible, you can also try to find more ways to generate your income. It can be considered as supplemental revenue for your small business. It doesn’t have to be something big. It is enough if your supplementary can add extra cash to your bank. 

Save monthly revenue

Saving monthly revenue can be used as strategy to balance your budget. You can keep 5% of the monthly revenue and let it go to your business reserve. It is a good way to build your financial stability in a slow pace. To make it easier, automate the process so you won’t have a chance to forget. 

Komodo Liveaboard: Everyone Can Have Fun

Komodo Liveaboard: Everyone Can Have Fun

Kicking an adventure in the wild and rugged Komodo National Park, where the last dragons in the world lives, used to be reserved only for the bravest and the most courageous. Since the coming of comfortable and hotel-like Komodo liveaboard, however, that’s no longer the case. Since modern Phinisi become the trend in Indonesia sailing holiday, going to remote and largely uninhibited destinations like Komodo has is no longer intimidating. Now, everyone from the adventurous 20s to grannies and little travelers can enjoy a lively holiday at the lovely Komodo. This is how you can make the trip enjoyable for everyone. 

Enjoying Komodo Liveaboard for Senior Members

Enjoying Komodo Liveaboard for Senior Members

Who says exploring Komodo is impossible when you are having old bones? Sailing in Komodo liveaboard is as easy as breathing. You don’t have to book the most luxurious Phinisi to have the comfort of sailing. Just make sure that you book a decent liveaboard which is equipped with proper cabins and spring beds. A comfortable liveaboard like this usually have spacious desk with cushiony sofas and sun beds, making a sailing trip a true moment of relaxation. If possible, book a cabin in the second level deck that won’t require you to climb up stairs. Inform the liveaboard crew if you have special diet restrictions so they can prepare special meals for you accordingly. 

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Satisfying Underwater Exploration for Divers

Satisfying Underwater Exploration for Divers

If there’s anyone that’s more familiar with Komodo liveaboard, that would be divers. The Komodo National Park might be arid of greens and live up in the land (though being very charming on that), but its blooming wild underneath. The underwater is crazy with life—seafloor and reefs covered with corals of all shapes and colours with busy fishes, from clown fishes to sharks, swimming round and about. 

Ladies: Get Charmed with the Goods

Ladies: Get Charmed with the Goods

You won’t find fancy shops lining up the streets in most of savannah-covered islands in Komodo, but that doesn’t mean it’s lack of pretty little things to bring home. With Komodo liveaboard, you can reach Pungu Island—one of the biggest pearl farm in the neighbourhood. The Flores Sea is rich with oysters which offers irresistible pearls even for ladies who rarely wear it. Don’t forget the Ikat weaving. Komodo is renowned for the amazing, stunningly beautiful Ikat weaving cloths. Indigo blue and deep red Ikat are the most popular, but they also created other equally pretty cloths in other natural colours. Lastly, you cannot just go home from the fabled Komodo Island without bringing home a wooden miniature of this ferocious dragon. Otherwise, how can you remember them? 

The good thing is, all of your purchases would most likely to go directly to the wallet of these local craftsman. You are directly helping the local economy by simply purchasing their goods!

Handling Business After The Pandemic

The pandemic in this year has brought us to a new circumstances. There have been major shifts in the economy so that’s why business leaders should take action. The pandemic is getting better now and many countries around the world has loosen up various pandemic-restrictions. People has started to go out and try to live normally. However, there is ‘new normal’ that we have to live with from today on. Business is still affected even after the pandemic ends. There are many changes and new culture we should implement to run business properly post the pandemic.

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Business After Pandemic
Photo by Clay Banks

Handling business smoothly post pandemic

Many business owners and leaders are worried about how their business will run post pandemic. Of course, it is important to make plan both for long-term and short-term decision. To be able to survive and thrive, business leaders should consider these important things:

  • Focus on finding and keeping customers. In this crisis, it is important to take decision based on customer-oriented. It is critical to show people that you care. You are not the only struggling so giving something that can lessen their burden will be appreciated. It must be hard to do so because you also have to think of the revenue. However, when you care for your customers, money will follow. If you keep focusing on making profit, your customers might feel like they are not treated like human but only a paycheck.
  • Use digital platform for promotion and marketing. Facing the crisis, a business should adapt or be left behind. When it is impossible for conventional method, go bold and brave. Use any resource you can find helpful to keep your business run and make your customers happy. Digital platforms such as social media are good place to promote your products or service while serving your customers valuable information to keep up with.
  • Post pandemic is where your business still have to adapt with the ‘new normal’. it is critical to diversify your business both in delivering products and customer service. The new normal can be considered as new opportunity instead of new burden. You may find more opportunities to improve your business. When the changes happen in your customers’ life, their demands may become varied or expand as well. Thus, you can snatch the opportunity to provide what they truly need. 
  • Business post the pandemic is required to be more flexible in handling many situations. There are many works to pick up after the pandemic and it can be a huge burden for those who come back to work. However, there are many strategies to apply to adapt withe the situation. Do not limit your business to run in one way. Use any strategy and method that can keep it to run smoothly.

With flexibility and agility, your business will not only survive this pandemic but also another possible worse scenario waiting in the future. There are many lessons to learn from this crisis and you can use it to grow your business even more in the long run. 

What Influenced Bali Property Style & Concept

You might have seen the best architectural concept that made your eyes wide open. Certain list would make exceptional list for your future. But, if you consider on a holiday in Bali, you will be amaze on how property in bali influence its style and concept.

Bali property offer unique influence that you will not find elsewhere. It values the strong philosophy of Balinese Hindu and rich heritage that have been the identity of balinese people. However, the influence has remained for a long period of time and developing on many occasion.

Not to mention the laws and norms in Bali have shaped to what it is today. Balinese people rely that every blessing in their life brings a mission on making the world the better place. These belief are describe in a philosophy called Tri Hita Karana – The three causes to prosperity between human, natural environment and God.

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What bali property are mostly popular of

The Tri Hita Karana philosophy are well execute in every housing concept. This supported by the style of property in merging the building with natural material, such as thatch, wood, bamboo, brick etc. All these natural material merged and styled to enhance traditional property that mostly can be found in Bali property indonesia.

Several other aspect of the property are including good ventilation, solid foundation, spacious backyard, traditional guard wall and balinese temple. However, most aspect can easily detected in every bali property as each of them brings their own value.

Bali Property
Source: Kibarer Property

Ventilation system are usually operate for a better air circulation that enters to property. Ventilation are made in a big size between the space of roof and building walls. Thus, solid foundation is an important aspect to consider. It is believe that the solid foundation will give strength to its owner.

Spacious backyard is very identical to every balinese property. Based on the philosophy of Tri Hita Karana, one of prosperity causes is the relation between human and natural environment. With a spacious backyard and natural environment, balinese have implement the concept of Tri Hita Karana and further the understanding of relation of human, natural environment and god.

Worth to mention on the installation of traditional guard wall and balinese temple. Traditional guard wall made on natural stone and brick possesed a strong characteristic of balinese property. Meanwhile, balinese temple is a necessary to each of property as a place where the ancestor and god are honour.

The Mix of Western-Balinese 

All of these strong characteristic couldn’t separated away from balinese identity. But the philosophy and balinese characteristic can be combine with the touch of western style. It produce amazing influence in architecture, cultural and living experiences. 

The approach of western-balinese has set the trends in bali property industry. These approach also adhere to balinese norms and philosophy that remain for a long period of time. With the mature of property industry in Bali, it will boost the cycle and demand for buying property in bali. 

Bali houses for sale is always a good option whether to stay or an investment. You might consider it for a short plan or even retirement days ahead. Meanwhile bali property prices are significantly growing, the early you enter the more beneficial it become. As if live in an outstanding of balinese influence will be an opportunity of a lifetime.