{
    "success": true,
    "data": {
        "id": 1525919,
        "msgid": "ri-could-become-major-business-player-1447893297",
        "date": "1997-02-20 00:00:00",
        "title": "RI could become major business player",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "RI could become major business player JAKARTA (JP): Indonesia could become a major business player in the Asia-Pacific if its rapid economic growth continued, a senior executive of the Paris-based International Chamber of Commerce (ICC) executive said yesterday. ICC secretary-general Maria Livanos Cattaui said Indonesia's rapid growth in the last 10 years indicated it had the potential to become one of the region's most powerful trading nations.",
        "content": "<p>RI could become major business player<\/p>\n<p>JAKARTA (JP): Indonesia could become a major business player<br>\nin the Asia-Pacific if its rapid economic growth continued, a<br>\nsenior executive of the Paris-based International Chamber of<br>\nCommerce (ICC) executive said yesterday.<\/p>\n<p>ICC secretary-general Maria Livanos Cattaui said Indonesia's<br>\nrapid growth in the last 10 years indicated it had the potential<br>\nto become one of the region's most powerful trading nations.<\/p>\n<p>Speaking at the end of her three-day visit, Cattaui said<br>\nIndonesia's success in developing its economy in the past years<br>\nwas one reason she visited Indonesia.<\/p>\n<p>She said the remarkable development in Indonesia and other<br>\nASEAN nations had become ICC's focus, which used to concentrate<br>\nonly on Europe.<\/p>\n<p>ASEAN nations had become important ICC constituencies.<\/p>\n<p>ASEAN's groups Brunei, Indonesia, Malaysia, the Philippines,<br>\nSingapore, Thailand, and Vietnam.<\/p>\n<p>\"Since its establishment in 1919, ICC has been focusing on the<br>\neconomies of European countries, but the ASEAN region has become<br>\nthe most dynamic part of the world economically,\" she said.<\/p>\n<p>Besides promoting economic growth Indonesia should be able<br>\ndistribute it's wealth more equally.<\/p>\n<p>\"Most importantly, businesses must be aware of their potential<br>\nresponsibility and strength,\" she said, adding that businesses<br>\nhas a much bigger role than the government in determining a<br>\ncountry's economic progress.<\/p>\n<p>Indonesia's economy has grown by between 7 and 8 percent a<br>\nyear in the last five years.<\/p>\n<p>Other challenges facing Indonesia includes the uncertainty of<br>\nits laws, especially those regarding trade and the implementation<br>\nof the new intellectual property rights law.<\/p>\n<p>Cattaui left Jakarta for Hong Kong yesterday, after meeting<br>\nchairman of Indonesian Chamber of Commerce and Industry Aburizal<br>\nBakrie and ICC national committee chairman Hashim<br>\nDjojohadikusumo.<\/p>\n<p>She will visit the new branch of ICC in Bangkok.<\/p>\n<p>ICC groups thousands of companies of all size in over 130<br>\ncountries. (02)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ri-could-become-major-business-player-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}