Which Tune is Playing ?
Commentary By Wayne Forrest If I could have a musical score as the backdrop to this commentary, I would want it to be something upbeat, perhaps the 1933 song “We’re […]
To Ban or Not To Ban
2013 ends a year in which the Indonesian economy made a strong start and sputtered mid year when rumors of an end to the US Fed’s monetary easing, and uncertainty […]
APEC and America’s Image
I normally go about my business keeping my American roots a little under wraps. AICC is after all a bi-national association. Right before this year’s APEC meetings in Bali (October), […]
Issue to Watch: Rupiah Hits 11,000: Time to Stimulate
Steep declines in the rupiah (it briefly passed 11,000 on Friday) stock index and overall confidence-echoing earlier drops-finally sent enough shivers within the government for the President and his economic […]
Heathcare Education For Sale
I recently read a disturbing report that indicates that training for nurses and doctors in Indonesia is for sale. Admitted medical students are reportedly paying up to $2500 above tuition […]
Prof. Widjojo Passes Away
One of Indonesia’s heroes has passed away. Professor Dr. Widjojo Nitisastro, leader of the “Berkely Mafia” (a group of young Indonesian economists educated at UC Berkely in the 1960’s under […]
Regions Demand More
Indonesia’s fourth President Abdurrahman Wahid, (“Gus Dur”) once told a small group in NY that federalism in Indonesia was a “dirty word” but that Indonesia would have to implement it […]
Changes to Capital Minimums/Moody’s Upgrades Indonesia
Background: An inquiry from a member currently in Indonesia exploring a joint venture revealed that the effective minimum capital requirements have recently jumped from $100,000 to $1 million (10 billion […]
2011 Review
By most measures, Indonesia had a banner year. Continuing 6%+ economic growth leading to at least one investment grade sovereign rating (Fitch) and strong performances in world forums (APEC, G20, […]
Web Meeting on Establishing a Small Business in Indonesia: September 7, 7-9 am
Our partners, AMCHAM Indonesia, have organized a live, online briefing on how to establish a small to mid size business in Indonesia. Members of AMCHAM’s SME Committee will be discussing […]