Indonesia Last Week

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Indonesia Demonstrates a Bold New Value Proposition for Global Capital: Even If You Do Everything Right, You Can Still Go to Trial

Published · 8 facts logged from 5 sources

What Actually Happened

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1The scene is a courtroom where the face of Indonesian innovation is facing a corruption trial, described as his biggest disruption yet.Indonesian innovationReuters (archived)
2A question was raised in court regarding how the case, if a guilty verdict is reached, could affect the investment climate in Indonesia, noting foreign investors are breathing into a paper bag.IndonesiaSouth China Morning Post (archived)
3The case involves Google, identified as the largest technology company in the world.GooglePBS NewsHour (archived)
4The case also involves GoTo, noted as having the largest blue chip investors from all over the world.GoToThe New York Times (archived)
5The respondent claimed there was absolutely nothing wrong administratively with the relevant operations, yet the trial still happened.IndonesiaThe New York Times (archived)
6The respondent warned it would be devastating for the perception of Indonesia on its way to becoming an economic powerhouse.IndonesiaThe New York Times (archived)
7The commentary summarized the situation as an uncertain answer for an uncertain market.IndonesiaInstagram Video (Primary Source) (archived)
8The commentary concluded by questioning whether the investment climate will remain tropical or face a very deep, very sudden ice age.IndonesiaInstagram Video (Primary Source) (archived)