American Indonesian Chamber of Commerce
Indonesia's Response to Hamas Attacks Commentary by Wayne Forrest A few days ago Indonesia’s President Joko Widodo said that the Israel-Gaza conflict should be resolved according to United Nations-agreed parameters regarding “Israel’s occupation of Palestinian lands.” In his first public comments since Hamas fighters attacked southern Israel from the Gaza Strip Jokowi urged both sides
Recent Trends As Indonesia moves closer towards a pivotal national election, I thought it might be useful to set out a few trends to keep in mind going forward. Economic China: As Indonesia’s most important economic partner, China will remain key to Indonesia’s future. China is Indonesia largest two-way trading partner and Indonesia’s is
Democracy and Development Indonesians are worried about democracy and development, or at the least those that work at Indonesia’s leading English language publication, The Jakarta Post, and spoke at its 40th anniversary event: “The Sustainability of Democracy in Southeast Asia”. The event and subsequent editorials show significant concern over the direction of democracy and
Rubber is the Pathway to Indonesia's EV Future Commentary by Wayne Forrest I am a little tired of all the attention EV’s are getting. Their emergence in the world’s marketplace has energized countries, no pun intended, all over the world including Indonesia. Everyone wants to make them or their batteries, creating new jobs in
Are We More Palistinian Than The Palistinians? Commentary by Wayne Forrest Indonesia doesn’t usually receive worldwide press attention for its accomplishments and reforms. Rather, it takes something bad like a disaster or cultural anomaly for Indonesia to get a lot of ink. So the world doesn’t hear stories such as Ford and Vale have
March Crazy Weather Commentary by Wayne Forrest Where I live, 20 miles north of New York City, March is a complete mix of weather patterns. Snow one day, warm temperatures the next. “In like a lion and out like a lamb”, goes the saying. To read about developments in Indonesia is to experience this
Issue To Watch: Outlook for 2023 Commentary by Wayne Forrest As we predicted last January, Indonesia’s 2022 economic performance outstripped 2021, itself a return to growth following the first year of the pandemic. It was more than just government spending and higher mineral prices that helped boost GDP to over 5.0% by Q3: manufacturing
November 2022 Issue To Watch: Halloween, Inflation, and the Quantity Theory of Money by Wayne Forrest We’ve just experienced a Halloween in which frightful fantasies become reality as the young seek happiness, expecting they are protected, but they are not. Who knew that the American costume and candy holiday (at one time it raised
October 2022 Issue To Watch: The Increasing Role of Indonesia's State-Owned Enterprises Commentary by Wayne Forrest You send your kids to school in America, thinking they’re safe, and then a shooting occurs. In Indonesia, it could be a flood collapsing a school’s wall. America’s infrastructure issues are internal, between our ears; in Indonesia, they’re
SEPTEMBER 2022 Issue To Watch: Indonesia After 3 Years Commentary by Wayne Forrest It was wonderful to be in Indonesia for two weeks in August for the first time in three years. Not only did I see old friends and make new ones, I had a chance to travel on one of the many
