Indonesian Political, Business & Finance News

Archive: 20 July 2007

3 articles found

Investors want stability, not democracy: Indonesia

Well, he does have a tiny part of it correct about democracy (look at Vietnam, Singapore, China -- all doing well with investment, but poor democracy), what he does not seem to grasp is that those countries DO have a "democratic" (read: equitable) playing field for foreign businesses.

Investors want stability, not democracy: Indonesia

 Originally Posted By: KuKuKaChu"I mean, what you look you needed, democracy or stability?""I think you need stability, not democracy," he said. i'll tell you what we investors need, you moron: we need transparancy in investment regulations; we need a clean bureaucracy; we need govt based on...

Investors want stability, not democracy: Indonesia

Mr Kalla says investors in Indonesia need stability rather than democracy. [File photo] (AFP: Toru Yamanaka)Indonesia's Vice-President Jusuf Kalla says stability is more important to Indonesia than democracy.