AICC

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The Women Have It !

Separated by thousands of miles of geography but not in their attitude toward the workplace, 13 women C-Suite executives from the US and Indonesia met each other and 170 other guests at AICC’s US-Indonesia Women’s CEO Summit on October 11 in Washington, DC. They represented a diversity of companies: banks, law firms, mining, oil/gas, retail, [...]

New Beginnings

It’s the end of August, people are preparing to return to the grindstone after holidays and new beginnings are in the offing. After months of back and forth, Indonesia and Freeport announced a new way forward that –at least for the moment—appears satisfactory; it’s an agreement to move ahead towards an agreement without either side [...]

A Positive Narrative

If I look back over the past year, the story lines surrounding Indonesia have mostly been negative. Of course, part of the reason is that the main principle of the media is that “bad news sells”. On Indonesia’s side there have been natural disasters (flooding, mudslides, eruptions etc.), commercial concerns (halal import restrictions, local content [...]

Pancasila to the Rescue

May 31, 2017 Some say today’s Indonesia is not your father’s Indonesia. A political scientist I know believes that in 15 years all of Indonesia will be under sharia law. I am not so sure. The heart of the secular basis of Indonesia’s republic has always been the Pancasila or 5 principles. They are: Belief [...]

Ambiguity and Sadli’s Law

May 9, 2017- My recent visit to Indonesia underlined a defining feature of Indonesia’s political economy: ambiguity. The common theme among all my meetings with local as well as international business people was that contradictory regulations, shifting political winds, side-wise legal decisions, were all hampering an economy that should be growing above 5%. So every [...]

Is Barbie Guilty ?

I will be visiting Indonesia next week and will likely be asked about President Trump's trade policy, articulated in his recent executive orders.  Will Indonesia, one of 16 countries under review with a large trade deficit, be penalized.  Is it really a trade "cheater" ? The US runs a congenital deficit with Indonesia mostly because [...]

Regret

There’s a lot of regret going around these days. Democrats, who lost a close election, no doubt regret they didn’t do more to convince Midwest rust belt voters worried about their future that they had a viable jobs plan. President Trump regrets he didn’t win the popular vote — although he seems to actually think [...]

Honking in the Free World

Commentary by Wayne Forrest Their signs read  “Om Telolet Om”.  It simply means, “sir, honk your horn, sir”.  Young girls and boys, especially in Jakarta, hold them up for passing bus drivers, hoping to prompt them to play their musical horns as they drive by.  It’s a fun, clean game with instant rewards, especially given [...]

Golkar Returns

For those familiar with Indonesian politics Golkar is the party synonymous with Indonesia’s economic development. More than a just a political party, Golkar was an amalgamation of various “functional groups” (military, government bureaucrats, farmer’s organizations, etc.) that implemented the New Order government’s economic agenda. Golkar was engineered to be a partner of the government and [...]

Duane Gingerich’s Pivot: In Memoriam (1942-2016)

As President Obama prepares to receive most of Southeast Asia's heads of state at the US-ASEAN Summit February 15-16 in Rancho Mirage I am thinking of a recently fallen friend of AICC, Duane Gingerich, who passed away last Friday. President Obama had it right several years ago when he coined the "pivot to Asia" policy, [...]