Indonesian Political, Business & Finance News

Archive: 9 December 2007

3 articles found

Don't send aid -- bring students

 Quote: One third of Singapore's 55,000 megarich are Indonesian citizens. what can we learn from this?

SBY reprimands officials for not helping businesses

A lack of support from government officials, both at the national and local levels, is damaging the country's business climate and discouraging investors from starting new businesses, President Susilo Bambang Yudhoyono said Friday. "I hear that some bureaucrats in the capital and regions are still making it difficult for investors to obtain business permits," Yudhoyono said at the State Palace.

Don't send aid -- bring students

Foreign aid is damaging the development of democracy in Indonesia. It’s maintaining the handout culture inherited from the Dutch colonialism that kept Indonesia as a mendicant nation. Aid also perpetuates the image that the country is backward; it is – though only in the reluctance to introduce change. Indonesia doesn't need the $2 per citizen given in non-emergency aid by the Australian government, a major donor.