...activities overseas. When conducting these activities, implications arise for participating domestic, international firms and its governments. In this essay, it focuses on the implications on the Australian government as Australian firms conduct business activities with international firms. This is observed through two selected Australian newspaper articles, “Trade ties with Indonesia poor: exporter” (Perry, 2013) and “What does an arms trade treaty means to us in Australia?” (Mallinson, 2013). In addition to identifying the implications, an analysis of each article deals with the relations to the international business concepts such as ethical social responsibility and the relevance to “the Friedman Doctrine” (Friedman, 1970) and political economy in country attractiveness to conducting business activities. The Australian firm, Elder, the exporter of Australian cattle has endure implications towards the Australian government, resulting in poor international trading with international firms. Through “Trade ties with Indonesia poor: exporter” (Perry, 2013), it describes “trade relations with Indonesia are poor”(Perry, 2013) specifically the agriculture cattle industry and criticises the “policymakers”(Perry, 2013) classified as the Australia government. In 2011, a public outrage occurred when “horrific footage from Indonesian abattoirs that uses Australia cattle has revealed abuse of the animals” (Worthington, 2011). Following the event, the Australian government introduced...
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...Regional Perspectives on ASEAN - the United States Enhanced Partnership By Endra Introduction The signing of the ASEAN declaration (Bangkok Declaration) by Indonesia, Malaysia, Philippines, Singapore and Thailand on 8 August 1967 in Bangkok, Thailand marked the establishment of the Association of Southeast Asian Nations (ASEAN). As the regional organization, the top priority of ASEAN is to accelerate the economic growth, social progress and cultural development in the region. Later on other countries in the region also joined this organization as follows; Brunei Darussalam in 1984, Vietnam in 1995, Laos and Myanmar (Burma) in 1997, and Cambodia in 1999. The ten-member organization is enhancing partnership, not only nations in the region, but also outside the region, especially with the United States (US). The relationship between ASEAN and the US has entered its fourth decade of partnership. Since the first engagement in 1977, both sides have experienced the ups and down of partnership. This relationship will become more significant as it broadens the sectors of partnership in the future. Initially, starting with economic and development cooperation, the enhanced relationships, with cooperation on politic, regional security, counter terrorism and transnational crimes, has achieved a new era of “comprehensive partnership.” For the next decade, regional development in Asia Pacific will require the partnership to become more comprehensive. Several key issues in the region...
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...Merciful. Alhamdulillah, all praises to Allah for the strengths and His blessing completing this group project for this subject IBM530/535 (International Business) Firstly, we would like to express our deepest thanks to our dedicated lecturer, Miss Riza Emifazura Bt Jaafar who had guided us a lot during this semesters session March-July 2013. Her invaluable help of guidelines support and suggestion in order to finish up our project. Not forgotten deepest thanks and appreciation to staff from Adabi Consumer Industries Sdn Bhd, Madam Azatul Izan Bt Mohamed Nordin as a product manager for giving us details information about Adabi’s product in local market and international market. We also thanks to all of group member that have been contributed by supporting this work and give fully cooperation, commitment and help during this project progress till it is fully completed Last but not least, thanks to our parents, family and friend for their constructive suggestion, idea and full of support for the report completion from the beginning till the end. Thank you. PART 1: MARKET ANALYSIS i. General Information The country that our company chooses is Indonesia. The name Indonesia has its roots in two Greek words: "Indos" meaning Indian and "Nesos" which means islands. It is an appropriate description of the archipelago as there are estimated to be a total of 17,508 islands, of which only about 6,000 are inhabited, stretching for 5,150 km between the Australian and...
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...has taught us, sleeps or wakes up this country actually achieved independent over 54 years. Generally, the absolute freedom granted to the indigenous population heads of leadership that was originally under the leadership of Tunku Abdul Rahman Putra Al-Haj. However, it should be remembered again, the history of western imperialist occupation of much flushed and sweat of the people of Malay land resources for the benefits of themselves and their nation. What a cruel, greedy and cruel rule for 446 years occupied the country. As citizen of Malaysian, a string of previous history as a struggle should be the nation of Malaysia. “Eating is not satisfied, do not sleep soundly, no wet bath.” That is seen as circumstances and situation peoples of Malay in the colonial era. There are sad, bleaker and darker. If announced to the public about this story is sure to be stunned, speechless and some who shed tears of sympathy. Imagine imperialist atrocities when they were everywhere on our shoes. Indigenous populations into slaves, while other people pleasing profits from the sweat of our ancestors. Today security can no longer be defined only in the traditional form of accounting for the military threats and related issues even if we to enjoy nearly 54 years of independent in which globalization. The nation-state had to work together to safeguard commons interests, but at the same time maintaining special interest to them. This resulted in increasing need to maintained good relations between...
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...GDP per capita PPP Page 5 4.1.3 Income Distribution Page 5 4.1.4 Major Exports and Imports Page 5 4.2 Business Environment Page 6 4.2.1 East of Doing Business Page 6 4.2.2 Economic Freedom Page 7 4.2.3 Perceived Corruption Page 7 4.2.4 Tariffs and Trade Agreements Page 7 4.2.5 Competitive Analysis Page 8 4.3 Per Capita Spending Page 9 4.4 Technological and Physical Infrastructure Page 9 4.4.1 Transport Infrastructure Page 10 4.4.2 Physical Infrastructure Page 10 5.0 Social Characteristics and Market Potential Page 11 6.0 Political and Legal Environment Page 11 6.1 Political Risk Page 11 6.2 Legal Risk Page 11 7.0 Trade and Diplomatic Relations with Australia Page 12 8.0 Country of Choice Page 12 9.0 Mode of Entry Page 12 10.0 Conclusion Page 13 References Page 14 Executive Summary This report examines and assesses the market suitability of two countries for the company Octahedron’s SWIM software. This report analyses and compares Singapore and Indonesia’s political, economic and business environments. The report examines and compares key economical, political and business environment factors identified as impacting upon the profitability of the two markets, as well as the current retail jewellery industry and amount of consumer spending on retail jewellery goods, giving an indication...
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...Population: 247mm (US is 314mm). Growth Rate: 1.9% Distribution by age, sex, geographic areas: 58% of population lives in Java, the largest island in the archipelago. There are 300 distinct ethnic groups in Indonesia, yielding an eclectic mix of over 500 languages. Javanese is the largest ethnic group, representing 42% of all ethnic groups on the islands. Hundreds of other groups make up the remaining 60% of the cultural demographic. Eastern Indonesia is inhabited by Melanesians, but regional identities are largely overcome by a sense of strong nationalism. Economic statistics and activity: GNP, GDP, rate of growth: The economy of Indonesia is the largest economy in Southeast Asia with a GDP of US$928.3B (nearly one Trillion), and the world’s 16th largest in terms on nominal GDP. The debt ratio to GDP is 26%. The industry sector is the largest, accounting for more than 46% of GDP. The country’s growth rate is roughly 6% In 2010, Indonesia was the 27th ranked exporting country, shipping products in decreasing order to Japan, Singapore, the United States, and China. Indonesia‘s export commodities are derivative of the country’s vast natural resources - oil and gas, electrical appliances, plywood, rubber, and textiles. Personal income per capita: In 2010, the per capita national income was 8,412,617 Rupiah. The current exchange rate is .000087 Rupiah to 1 US Dollar. This exchange puts the Indonesian national income at less than USD $1,000.00. The exchange rate was different...
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...Economic Development The Impact of Political Decision Making Process to Economic Development Ruben Tota 1006805763 Statement of Authorship “Saya/kami yang bertandatangan dibawah ini menyatakan bahwa makalah/tugas terlampir adalah murni hasil pekerjaan saya/kami sendiri. Tidak ada pekerjaan orang lain yang saya/kami gunakan tanpa menyebutkan sumbernya. Materi ini tidak/belum pernah disajikan/digunakan sebagai bahan untuk makalah/tugas pada mata ajaran lain kecuali saya/kami menyatakan dengan jelas bahwa saya/kami menyatakan menggunakannya.” Saya/kami memahami bahwa tugas yang saya/kami kumpulkan ini dapat diperbanyak dan atau dikomunikasikan untuk tujuan mendeteksi adanya plagiarisme.” Nama : Ruben Tota NPM : 1006805763 Mata Ajaran : Economic Development Judul Makalah/Tugas :The Impacts of Political Decision Making Process to Economic Development Tanggal : 11 April 2013 Dosen : Mr. Budi Susetyo Tandatangan : ( / / ) Abstract The main idea of the paper is that the involvement of politicians in economic development decision making process as measured by political influence on Indonesian economic system which associated with worse economic performance. The procedures are based on the analysis of outlier events and differentiate between several sources of risk (“Political, Economic, World market, Other”). This paper is supported by my empirical results, which indicate that political influence is the most important...
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...providing direct employment to nearly 2 million people and 6.8 million people overall (World Travel and Tourism Council, 2010). Realizing that tourism has larger impact on employment and promotes trade opportunities and development of the country, the Government of Indonesia has increased the annual budget for tourism, allocating USD229.3 million for 2011 (Citrinot, 2010) for both development and promotion of the industry. With a total promotion budget of USD50 million, the government has targeted to increase the number of arrivals to 7-7.5 million (Bali News & Views, 2010). Indonesia is promoted by The Indonesian Tourism Promotion Board (the “Board”) through the 12 Visit Indonesia Tourism Offices (“VITO) located in 11 countries (2 VITO in China, Beijing and Guanzhou), and the 33 provincial tourism boards of the 33 provinces in Indonesia. Indonesia’s 58 embassies and representative offices overseas also conduct tourism promotion via its economic office. The Board does not have control over the activities of the embassies or the provincial tourism boards. Objectives, Terms of Reference and Approach We were instructed to conduct an assessment and evaluation of the marketing communication strategy of the Board to promote Indonesia to international tourists. We were further instructed to focus our research specifically to promoting to the international markets. Based on the weaknesses identified, we are to provide our recommendations for improvements. The result of our work is contained...
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...Indonesia Country Report Q1 2012 POLITICAL AND SOCIAL BACKGROUND Indonesia has excellent prospects for long term growth, based on macroeconomic stability, supported by strong domestic consumption and stable political conditions. President Susilo Bambang Yudhoyono’s reputation remains high in international circles, boosted by the country’s focus on re-establishing its leadership role within ASEAN and as the incoming Chair of APEC 2013. The country has a demonstrated desire to take on a global role by promoting itself as the world’s third largest democracy and largest moderate Muslim-majority country, but also as a new Asian economic powerhouse with stable economic growth and sound macroeconomic outlook. A more influential role in G20 highlights how Indonesia now is placed alongside giants China and India as one of the most important emerging economies in the world. Yudhoyono has two and a half years left in office and should further accelerate the reforms of the country, before his term ends in 2014. However, the most pressing reform on subsidised fuel price has yet again been postponed. In late March Indonesia’s revised 2012 budget was discussed in parliament. Following violent demonstrations, the President lost crucial support within his coalition failing to push the fuel price hike vote through parliament. The President’s Party has taken a hit in terms of popularity. A survey by the Indonesian Survey Institute showed that domestic support for the ruling Democratic Party...
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...Impact of China's WTO Entry on Sino-Philippine Economic Relations and on the Philippine Economy SHEN HONG FANG impact of China's WTO entry on trade, investment and services between the Philippines and China, as well as on Philippines economic growth and development. Section I introduces different analyses of China's WTO entry from the perspectives of Philippine official, academic as well as business circles. Section 2 discusses bilateral cooperation through trade, investments, and other forms of cooperation such as contracted projects, labor cooperation, air services agreement, and the development of agricultural technologies. Section 3 looks at the concerns of the Philippine government and the public with respect to China's accession to the WTO, reviewing the state of current relations and comparing this with China's relations with other Southeast Asian countries. Section 4 advances five issues pertaining to the rise of a Chinese "economic threat" following its entry into WTO. The paper concludes that China's WTO accession will help promote bilateral trade expansion, and bring about opportunities for Chinese private entrepreneurs to invest in the Philippines. However, China's WTO entry will also put added pressure on Philippine manufactures, further facilitating the flow of Chinese commodities, capital and personnel and aggravating the disputes that had already existed in the economic intercourse betv•.reen the two countries prior to WTO admission. This paper examines...
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...next few paragraphs, I will be going in depth into how conflict has left a deeper indentation on the history as well as more current affairs of SEA. Some countries have conflicts with other in their history, before they learn from their mistakes and work together to reach the level of agreement they have now, such as Indonesia and Malaysia. One major conflict between them is the Konfrontasi, where Indonesia had carried out attacks on Malaysia and there was high tension between these two countries. In December 1962, a revolt had broken out in Brunei to oppose Brunei from joining the Federation, and instead proposed a separate union of Brunei, Sarawak and Sabah (Borneo territories). This revolt had fitted Sukarno’s (former Indonesia’s president) beliefs that independence should only be gained through revolutionary struggle, thus he had publicly supported it. Another trigger cause is the formation of the Federation of Malaysia, in which Indonesia disapproved because Malaysia had retained the boundaries that the British had set. Indonesia viewed this as Malaysia helping to continue the British colonial rule under a guise. The two countries already had tense relations due to Malaysia previously initiating...
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...| IMPACT CHINA ASEAN FREE TRADE AGREEMENT (CAFTA) ON INDONESIA ECONOMYWritten by Yuliana (15 Jan 2015)Overview of ASEAN – CHINA Free Trade Agreements In November 2001, ASEAN and China agreed to launch negotiations for an ASEAN-China Free Trade Area (ACFTA). In the following year, ASEAN and China signed the Framework Agreement on Comprehensive Economic Cooperation between ASEAN and China.The objectives of this Agreement are to: (a) | strengthen and enhance economic, trade and investment co-operation between the Parties; | (b) | progressively liberalise and promote trade in goods and services as well as create a transparent, liberal and facilitative investment regime; | (c) | explore new areas and develop appropriate measures for closer economic co-operation between the Parties; and | (d) | facilitate the more effective economic integration of the newer ASEAN Member States and bridge the development gap among the Parties. | | | | The Agreement on Trade in Goods was signed in 2004 and implemented in 1 July 2005 by the ASEAN countries and 20 July 2005 by China. Under this Agreement, the 6 original ASEAN members and China have to eliminate tariffs on 90% of their products by 2010, while Cambodia, Lao PDR, Myanmar and Vietnam, have until 2015 to do so. | | | | | | The Trade In Services Agreement entered into force in July 2007. Under this agreement, services and services suppliers/providers in the region will enjoy improved market access and national treatment...
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...Malaysia PROTON Holdings Berhad and Indonesia PT. Adiperkasa Citra Lestari (PT ACL) has signed Memorandum of Understanding to establish collaboration ties between both parties in relation to develop and manufacture of Indonesia National Car. (Tan, 2015) However there are business forces that affect collaboration of companies. One of the key forces is Social and Cultural in Environmental Forces, is defines as influencing mechanisms which exist within a population that guide business practices or purchasing behaviour. (BusinessDictionary.com, 2015) The reason Malaysia decided to collaborate with Indonesia is due to similar culture, such as religion, environments and language. Majority of Malaysian and Indonesian are Muslim which share similar language, hence the first obstacle has overcome as language plays an important role in business communication which also able to eliminates common mistakes and misunderstandings. Therefore, the development they are working on is more likely to carry out successful as strengthen of mutual ties in collaborating due to understanding of various cultures in both countries. The next forces is Environmental; Technological Forces. Define as changes in technology in technology which can have a significant impact on a company's processes, pricing of competition or even the obsolescence of a company's product. (Investorwords.com, 2015) Besides that, it shapes the collaborative behaviours that drive results by only making collaboration technologies...
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...Does increasing economic and trade relations with emerging economies have any consequences for immigration systems in Canada? This topic and interview were based on a research project that the interviewer was working on. The emerging economies in question were Brazil, Russia, Indian, China, Turkey and Indonesia. The study endeavoured to look into current and past multilateral collaborations on migration between Canada and these countries. The specific areas of concern were labour, tourism, business, students, family, security, asylum, irregular migration and the specific policies in these areas. In Canada, immigration is a major societal nation-building exercise. Apart from Aboriginals the rest of the population arrived in Canada through immigration at one point or the other. Immigration policies are in tandem with social and economic goals of the country. The fundamental issue is to ensure immigration works to Canada’s advantage. Before and after 2006 the emphasis was on the economic side of immigration: education, language and skills that made immigrants ready for the job market. Canadian citizens support immigration policies. Before 1950, policies favoured European immigrants. Later, individuals who wanted to settle permanently in Canada were targeted. Currently, there is no discrimination on nationality. Asians, especially those from India and China contribute the largest number of immigrants. Temporary immigration involves visitors, international students and temporary...
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...Australia’s economic growth relies on Asia’s continuing demand for resources Nadhira Prisari PRIND1203 MME101 Business Academic Skill Christopher Notsis Assignment 2 January 21st 2013 Australia’s economic growth relies on Asia’s continuing demand for resources Many countries in Europe and US are dealing with fiscal crises, banking sector instability and serious downside growth risk. Fortunately, Das (2012) point out that Australia has a great probability in the future to face global economy problems. Australia is rich in natural resources, and because of their natural resources, it helps Australia to show a great performance in economic sector (Das, 2012). Australia’s economy activity keeps increasing, also added by the amount of demand for exports from China. With the large demand of exports from China, it proposes new opportunity in diversifying trade relations from European Market. Unfortunately, Australia is too depending itself on Asian demand. If decreases happen in demand from China, it will affect headline GDP growth. From now on, the intention of this discussion is to Australia’s economic growth, which relies on Asia’s continuing demand for resources. Nowadays, Australia’s growth is really depending itself to china’s demand. Plumb, Kent, and Bishop (2012) mention that the boom in the resource sector is one of the sectors that got an effect from strong growth in Australia. Plumb, Kent, and Bishop (2012) say that...
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