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NEWS UPDATES Asean Affairs   30 October 2013  

Jakarta, Karawang and Bekasi no longer attractive investments

Jakarta and its neighboring regions of Karawang and Bekasi will no longer be attractive to industrial investors in the near future, says an economist from the nation’s leading economic think tank, the National Economic Committee (KEN).

KEN Secretary Aviliani said as quoted by that investors perceived that investing in Jakarta and its nearby regions had become risky due to the regions’ relatively high minimum wage.

The economist said investors would begin shifting their investment targets to regions in the central and eastern parts of Java.

Therefore, Aviliani said, it would be important for the government to start thinking about how to supply those regions with better electricity to support industrial development.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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