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Indonesien

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South-East Asia. Independance in 1945. Recognized by the Dutch in 1949. In 1975 Indonesian troops occupied Portuguese East Timor. Current issues include implementing IMF-mandated reforms (particularly restructuring and recapitalizing the insolvent banking sector).

The collapse of the rupiah in late 1997 and early 1998 caused GDP to contract by an estimated 13.7% in 1998 because of Indonesian firms’ reliance on short-term dollar-denominated debt and high levels of nonperforming loans in the banking sector.

We offer the following brands :

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