WHEN BUSINESS AND GOVERNMENT MIX TOO WELL IN INDONESIA
Pacific Place Shopping center in the SCBD financial district in Jakarta, Wikimedia Commons
By Endy M. Bayuni
The Jakarta Post-Nov 28
Pressure from the business world forced the government last week to back off from its decision to open up more of the Indonesian economy to foreigners, which it had highlighted earlier as part of its latest economic reform package. How is that possible, one may rightfully ask. In one sense, it is a reflection of the lobbying strength of the business world, as represented by the Indonesian Chamber of Commerce and Industry and the Indonesian Employers Association.
First published in: The Jakarta Post