'No more onion import from India'

[bluesky]

Just realised that your 8 month ignore from me has come to an end and I have decided not to permanently ignore you as would like to give you yet another chance.

Remember misbehave again and it will be 16 month ignore or maybe even permanent ignore.

Stupid, learn about economics and contribute. Yours is always a futuristic and circular argument. Talk of the present, idiot!! And do not ever quote my posts. Think of what you are writing about the unit price of Apache. Is it F-16?

 

[UKBengali]

Stupid, learn about economics and contribute. Yours is always a futuristic and circular argument. Talk of the present, idiot!! And do not ever quote my posts. Think of what you are writing about the unit price of Apache. Is it F-16?

lol.

 

[Bilal9]

lol.

Ha ha ha Bura Mia kheipa gasey... Estupido, Idioto!!!

Bangali kheipa geley English-e gali daowa shuru korey...

Mokkel-rey abar 8 month ignore dia den bhai....

 

[Nike]

I hope those Bangladesh companies can be multinationals someday.

Well, businesses in Indonesia is not like in the old days during Soeharto era. In the past we are seeing companies grow into conglomeracy rapidly. And Today businesses are just focusing on their own specialties. After Asia Financial Crisis Indonesian government are becoming more careful. Majority of Indonesian major banks are in the hand of government now and they are forced to lend to small businesses with micro credit scheme. Other major banks are in the hand of foreign ownership and their lending are also controlled by Bank of Indonesia (our central bank). We force banks to be professional and limit their lending into their own group. State owned banks lending to other state owned companies are also limited into not more than 30 % of their total lending.

This policy is made to decrease the potency of having another financial crisis and also to democratize our economy so more wealth are being spread. Foreign loan is also controlled so that you can see that total foreign loan are dominated by government, not private sectors.

Because of that limitation, majority of banks are focusing more lending on consumer credits. It is why there is no single conglomerate ever created since we become democracy in 1998. As analyst said that Indonesia is very careful on controlling their financial institution in expense of its economic growth. Our economic growth is stable in the rate of 5-6 percent since financial reform was made in 1998-2004.

Still big groups like Djarum (with their BCA) , Astra , Ciputra, Mayapada, Trans Corps is a force to behold. And Indonesia tend to increasing their 1000 most richest Forbes number member every year.