Indonesian Political, Business & Finance News

Attacks rattle expats, foreign firms heighten security

| Source: GOI
Most foreign businesses in Jakarta will step up security measures following Friday's twin blasts, but few will consider quitting Indonesia's growing economy, business chiefs say, The Age reported.

"This country is powering ahead. Executives know that if they pull out because of perceived risks they will miss opportunities that others will capitalize on," said prominent expat businessman Geoffrey Gold.

He believes, despite foreigners' outrage at the latest bombings, that company executives know they need to stay in Indonesia.

Australian businessman Peter Fanning, a lawyer who has advised many of the Australian companies now operating in Indonesia, agrees. "Living here, you know there are certain risks," Fanning said. "You factor those in."
Tags: business
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