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Article Abstract:
Indonesia's Chinese community, which is small but powerful, has come under strong pressure as a result of the country's economic difficulties. The wealthiest Chinese business owners in Indonesia have for many years held some of their assets outside the country, but the latest economic problems are prompting even middle class Chinese to consider leaving Indonesia. For them, leaving Indonesia will be an irreversible decision, as they will have to sell everything in order to be able to afford to re-establish themselves in another country.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
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Try next door: in neighboring countries, vastly different New Years
Article Abstract:
The blatant differences between how Chinese New Year is celebrated in Indonesia and in neighboring Malaysia arise from different histories and demographics. In Malaysia, Chinese constitute 29% of the population, and the New Economic Policy has worked to give Malays a larger role in the economy and to limit resentment of the Chinese. In Indonesia the Chinese, though only 2% of the population, still dominate the economy. The different natures of communist insurgencies in the two countries also contribute.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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No one's driving: Devalued currencies have left Southeast Asian consumers short on disposable income. And the first luxury to go is the new car
Article Abstract:
Throughout Southeast Asia disposable income is becoming scarce, and this is expected to stall the car industry for months, if not years. Thailand is the worst affected, with total vehicle sales down 73% in September. Manufacturers are cutting their domestic sales projections, and in the Philippines, there is the beginning of a slowdown, with sales down in September. Malaysia's recent duty increase in imported car parts will have an impact.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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