ADITYA PRASETYO
10210204
4EA15
BUSINESS OF INDONESIA and SOUTH KOREA
BUSINESS IN INDONESIA
Indonesia is not a country that is most convenient to set up a new company or to take an active role in business . The situation is reflected in the report Doing Business 2014 index rankings published World Bank . In
the report , when in Indonesia is in position 120 . One of the biggest
problems in the establishment of new companies in Indonesia are getting
all the necessary permits . Permissions can be time consuming and costly . In
order to successfully develop its business in Indonesia , it is
important to build a good network with business and government . Foreign entrepreneurs should be aware of the interests of the network and try to develop it . Fortunately , it is not difficult to build such networks . Because , foreign businessmen are the ones that appeal to people of Indonesia. Highly
recommended to explore the cultural values first to find out how to
socialize with business partners and employees Indonesia and to
understand the ' business culture ' in Indonesia . It will make your business more efficient and effective , especially in the long term .
Risk of Investing in IndonesiaInvesting always includes risk factors . In general can be said that the higher the risk , the higher the potential profits . Over
the last few years Indonesia has shown that certain highly profitable
investments ( eg in the stock market , property and commodities ) , but
investing in Indonesia also imply more risk than investing in developed
countries because Indonesia has a dynamic and particular characteristics
that can be thwart investment and disrupt the investment climate .The
demonstration , which is one hallmark of a democratic society , takes
place every day in Indonesia, although it is usually only a small scale .
The
things that protested range of political issues ( eg, performance is
considered weak government ) and economic issues ( eg low wages ) to
social issues ( eg religious matters ) . These
demonstrations can be directed vertically - or government - to -
horizontally - to the other groups in Indonesian society . The
important point here is that these demonstrations showed that some
communities in Indonesia are not satisfied with the current state of the
country . Indonesia's
modern history has shown that in some extreme cases ( the overthrow of
Suharto in 1998) , public pressure is able to subvert the political
power and implies a devastating effect on the national economy . Although it seems unlikely that such extreme events arise again because of the political context is now different . However, it should be realized that there is potential for frustration
is repressed in most of Indonesian people to watch out for .Preparation of solid and thorough and reliable information is key to invest in any country . Below,
Indonesia Investments presents a list of the potential risks that may
arise and disrupt the investment climate in Indonesia . Please note that we are trying to complete the list of this issue . If
you are experiencing problems that have not been referred to in this
section and want to share their experiences , please contact us here . The information was very valuable to other people and help gain a complete and transparent picture of Indonesia.
BUSINESS IN SOUTH KOREA
South Korea : The world's 13 largest economies ( with a gross domestic product )Korea
successfully transformed itself from a war -torn country for the 13
largest economies in the world , backed by leading industry and export .
Today, Korea is Asia 's fourth largest economy .Korea
has demonstrated excellence in the industry noted a few : shipbuilding ,
semiconductor , construction , digital electronics and cars . Korean builders also shine in the international arena , particularly in the construction market in Asia and the Middle East .Fourteen
Korean companies made the Fortune Global 500 : Elektroniks Samsung ,
LG , Hyundai - Kia Motors , SK , Samsung life insurance , POSCO , Korea
Electric Power Corporation , Kookmin Bank , Hanwha , KT , Samsung ,
Hyundai heavy industries , SK Networks , and S - Oil .A
joint venture between Samsung and LG and SONY and Philips are two
excellent examples of productive industry partnerships in the LCD sector
, while the takeover of Daewoo Motors by GM and Renault Samsung Motors
by representing success in the automotive sector . Korea produces more than 3.8 million vehicles a year , led by five
Korean car makers - Hyundai Motor , GM Daewoo , Renault Samsung Motors ,
Ssangyong Motors , and Kia Motors .Korea
is home to seven of the world's top 10 shipbuilders , including Hyundai
heavy industries , Samsung Heavy Industrial Co. , Daewoo shipbuilding
and Marine Engineering Co. , and STX Hanjin heavy industries and
construction . Port of Busan is the fifth largest container port in the world , having handled 13.45 million TEUs in through put .Korea
has established its position as a powerhouse in terms of information
technology , supported by extensive production related to information
technology ( IT ) and export , development of the world 's leading
technology , as well as extensive use of the Internet and mobile
telecommunication devices in the country . Samsung Elektroniks is the world's largest computer memory chip maker
Hynix Semiconductor and current world # 1 producer of DRAM and NAND
Flash memory 3 .From
the air , microwave and computer cooling for liquid crystal display ,
the Korean company has captured the hearts of customers around the world
with a better price and advanced technology . Korea aims to increase its dominance in the global display market by controlling at least 45 percent market share in 2017.Free Trade Agreement .Korea also has negotiated free trade agreements with Canada , Mexico ,
the Gulf Cooperation Council ( Cooperation Council for the Arab States
in the Gulf ) , Australia , New Zealand , Peru , Colombia and Turkey .The basis was laid for negotiating free trade agreements with China ,
Japan , Mercosur , Russia , Israel and South African Customs Union .Since
the establishment of the free trade agreement Roadmap , Korea has been
actively involved in negotiating free trade agreements with over 50
countries . So
far , the free trade agreements with Chile , Singapore , the European
Free Trade Association , the Association of Southeast Asian Nations (
ASEAN ) , India and Peru has entered into force and Korea - EU free
trade agreement has been temporarily applied since July 1, 2011 . Korea -
United States free Trade Agreement signed in June 2007 was followed by an agreement in December 2010 .Korea is currently negotiating a free trade agreement with the
Cooperation Council for the Arab States of the Gulf, Australia , New
Zealand , Columbia , Canada , Turkey and Mexico .Before
launching formal negotiations , Korea is discussing preparation or
joint research projects with prospective free trade agreement partners
including China , Japan , MERCOSUR , Israel , Vietnam , Central America ,
Malaysia and Indonesia . In particular , China , Japan and Korea has conducted a joint study on
trilateral free trade agreement likely among government officials ,
business and academic participants since 2010 , with the aim to conclude
a joint study in 2011.Free trade agreements apply : Chile , Singapore , the European Free
Trade Association , the Association of Southeast Asian Nations ( ASEAN )
, India , the European Union , Peru .Free trade agreements disimpulkans : United StatesIn the negotiation process : Canada , Mexico , the Cooperation Council
for the Arab States of the Gulf, Australia , New Zealand , Colombia ,
Turkey .Free
trade agreements are being considered : Japan , China , China - Japan ,
Mercosur , Russia , Israel , Vietnam , Mongolia , Central America ,
Indonesia , Malaysia
