American Indonesian Chamber of Commerce

AMERICAN INDONESIAN CHAMBER OF COMMERCE

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

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

The Political Season

The Political Season The political season is underway in Indonesia.  Its political parties have begun announcing their candidates for President, although none have yet chosen their Vice-Presidential candidates. President Jokowi cannot run for a third term and attempts to extend his time because of the pandemic have been unsuccessful.  What then should we be

March Crazy Weather

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

Outlook for 2023

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

Labor Day 2020

Labor Day 2020 September 2020 Commentary by Wayne Forrest With unemployment at record levels in both the US and Indonesia amidst an ongoing pandemic I've been reflecting on Indonesia's struggle to find meaningful employment for her growing population of 270 million.  Of course, our two nations do not share Labor Day:  Indonesia observes International

REMOVING A PEBBLE IN THE SHOE

REMOVING A PEBBLE IN THE SHOE Commentary by Wayne Forrest Back in the Soeharto era, Indonesia’s very gifted diplomat, Ali Alatas, used to say about East Timor ( a province with a strong separatist movement that caused major diplomatic problems) that it was “the pebble in Indonesia’s shoe”. East Timor achieved independence after Soeharto’s

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

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