If you are answer is yes. this Country is eager to invite Foreign Investors to come to Indonesia. Indonesia is an archipalego with thousands of Islands from Aceh to Irian Jaya or Papua. There are many ethnics and immigrants coming to this Country. In terms of Certainty of its Law, this Country is trying hard within itself to establish Law and Justice or Law Fairness in its Society. I have been practicing as Business Lawyer in the Business Law in Indonesia for more than 30 Years, since 1979 and I am fully aware that Law Certainty is always the issue raised by Foreign Investors who comes to Indonesia. They always say that Indonesia does not have Law.
Foreign Investors has the perception that there are no consistency in the Indonesian Policy and the Rules between the Central Government and the Regional Government. There is no good nor well coordination between the Technical Departments in Indonesia. The Laws between different Departments are overlapping and contradictory to each other which reflects weak coordination between such Departments. They even laugh and make jokes out of the uncertain condition of Laws in Indonesia. I know such perceptions because I was assigned as In House Lawyer in Foreign Companies who do business in Indonesia.
So what are the Indonesian Government Response to the above? Why is the perception like that ? Indonesia has reached a staged being a Democracy country after the students movement toppled the Suppressive Regime in the Year 1998, when the Asian Countries was hit by the First Financial Crisis. Now the Second Round of the Peoples Voices in Indonesia are Claiming for Equal Justice Treatment by the Indonesian Court System, where it starts from the Frame of the KPK Anti Corruption Institution which was strongly indicated from the Taped Recorded Conversation between Several Indonesian Legal Institution, Mafia Court Brokers and Certain Businessman which was publicly heard in the Constitutional Court in Indonesia.
Thus the Second Agenda in this New Era of Indonesia is the Loud Out Cry to Have Legal Equal Treatment and Justice by the People of Indonesia. The Freedom of press in Indonesia is really occurring these days. Even me as Business Lawyer can establish my own Blog where I can say my sayings through this blog of mine. Facebook members Voices are also having great influences and impact against the Unfair Legal Treatment to the KPK Anti Corruption Frame Victims. So the Era of Democracy and Pressure from the People through the Internet Media is really occurring in Indonesia. Yes, of course it still needs a long process to establish Legal Fairness and Equality Before the Law.
However, since Indonesia is a Freedom Democracy Country with more than 200 Millions People, the People's Voice can no longer be ignored by the Parliament who frequently has to be pressured by the Independent Voices in Indonesia, either by the Television Media, News Paper, Facebook members and all of us the people of Indonesia who NO LONGER wants to be suppressed by the Executive, Parliament, Court Officers, District Attorneys nor any other Institution if UNFair Treatment is felt.
In these Recent Years, many High Ranking Indonesian Officers are being captured and trialed after being alleged by KPK of conducting Corruption. But there are still many rumors that political involvement and discrimination upon who is being proccessed are attached to such process. The Member of the Political Parties are making political pressures and bargaining through the Parliament among the Political Parties in making its moves against issues blow up in the Public.
Apart of the above if you view Jakarta, there are many High Rise Buildings being constructed, which reflects that there are many Construction Developers and monies being planted and parked in such High Rise Buildings, which Funds is indicated not coming from Bank Loan but rather fresh monies. These means that the Person who have monies in Indonesia no longer wants to put or parked their money out side Indonesia, but they rather put their monies in such High Rise Buildings in Jakarta, Indonesia .
These may reflects that even though Indonesia is still uncertain in its Law and is still fighting hard to develop, Law Justice and Equality before the Law, the Real Money owners prefer to put their money in Indonesia rather than parking it outside of Indonesia. This may occur due to the Global Economic Financial Crisis occuring in the International Society including the USA for example which hits Lehman Brothers.
Thus Foreign Investors need also to consider the above factors and progress developing in Indonesia and outside of Indonesia when they decide to invest their monies in Indonesia.
Cheers.
5 December 2009
Agung Supomo Suleiman
However, since Indonesia is a Freedom Democracy Country with more than 200 Millions People, the People's Voice can no longer be ignored by the Parliament who frequently has to be pressured by the Independent Voices in Indonesia, either by the Television Media, News Paper, Facebook members and all of us the people of Indonesia who NO LONGER wants to be suppressed by the Executive, Parliament, Court Officers, District Attorneys nor any other Institution if UNFair Treatment is felt.
In these Recent Years, many High Ranking Indonesian Officers are being captured and trialed after being alleged by KPK of conducting Corruption. But there are still many rumors that political involvement and discrimination upon who is being proccessed are attached to such process. The Member of the Political Parties are making political pressures and bargaining through the Parliament among the Political Parties in making its moves against issues blow up in the Public.
Apart of the above if you view Jakarta, there are many High Rise Buildings being constructed, which reflects that there are many Construction Developers and monies being planted and parked in such High Rise Buildings, which Funds is indicated not coming from Bank Loan but rather fresh monies. These means that the Person who have monies in Indonesia no longer wants to put or parked their money out side Indonesia, but they rather put their monies in such High Rise Buildings in Jakarta, Indonesia .
These may reflects that even though Indonesia is still uncertain in its Law and is still fighting hard to develop, Law Justice and Equality before the Law, the Real Money owners prefer to put their money in Indonesia rather than parking it outside of Indonesia. This may occur due to the Global Economic Financial Crisis occuring in the International Society including the USA for example which hits Lehman Brothers.
Thus Foreign Investors need also to consider the above factors and progress developing in Indonesia and outside of Indonesia when they decide to invest their monies in Indonesia.
Cheers.
5 December 2009
Agung Supomo Suleiman
