American Indonesian Chamber of Commerce
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
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
Bridges Not Barriers February 2021 by Wayne Forrest I often hear the idea that during the past 4 years the US government, apart from its Navy, has not been as engaged with Indonesia or Southeast Asia as many would like. The message: China’s influence grows in the vacuum of a lack of US engagement.
The principals of 5 US-Indonesia organizations with Vice President Jusuf Kalla and US Ambassador Joseph Donovan Commentary by Wayne Forrest Indonesia seemed to be exhibiting multiple personalities during my visit last week as it simultaneously hosted a major athletic event(Asian Para Olympic Games) and banking event (World bank/IMF Annual Meetings) while organizing
Which Way is the Wind Blowing by Wayne Forrest Recently Moody’s and Fitch curiously upgraded their Indonesia sovereign rating while the government fixed energy and electricity prices for two years, placing the large obligations of state-owned Pertamina and PLN at risk. Meanwhile the rupiah and stock market indexes are trending south but Bank Indonesia
Accountability Commentary by Wayne Forrest According to recent news reports underpasses in downtown Jakarta were recently flooded causing worse-than-normal gridlock. Pumps were not checked and maintained regularly, apparently. All of Indonesia’s tsunami buoys are inoperable due to vandalism and lack of maintenance, an official from the National Disaster Mitigation Agency recently said. The new
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
Commentary by Wayne Forrest I fear a ticking time bomb could soon explode in Indonesia. Its probably not what you think; its not a natural disaster or mass movement based on religion. It has to do with natural resources and the origins of the American Indonesian Chamber of Commerce (AICC) and some of its founding
Commentary by Wayne Forrest AMCHAM Indonesia and the US Chamber of Commerce recently released the fourth in their terrific annual series of reports that collectively put the US as perhaps Indonesia’s largest overall economic partner. The first 3 reports (2013-2015) established the case for the US designation as the largest foreign investor. With this year’s
Its amazing and somewhat anxiety producing to watch both the US and Indonesia democracies struggle over structural reforms. An inflection point seems to have simultaneously been reached in each country, with each nation's future depending on their implementation. In America's case its primarily the troubled rollout of a new and improved healthcare system as
