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View all search resultsSydney siege may have impact on Indonesian investment: Observer
Institute for Development of Economics and Finance (INDEF) economic observer Enny Sri Hartati notes that the hostage incident that took place Monday in Sydney, Australia, could impact Indonesia in terms of investment and security
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I
nstitute for Development of Economics and Finance (INDEF) economic observer Enny Sri Hartati notes that the hostage incident that took place Monday in Sydney, Australia, could impact Indonesia in terms of investment and security.
'Regardless of the circumstances, Sydney is experiencing [an economic] fluctuation. It's the same with the Chinese, Indian and Thai economies. Political stability and security is the main concern of investors. If there are signs of something iffy going on, they could reconsider [investing],' Enny said on Tuesday as quoted by tempo.co.
What might offset the possible impact, she said, would be the plans laid out by President Joko 'Jokowi' Widodo to reform the industrial bureaucracy surrounding the issuance of trade permits. But she stressed that political aspects would always be the main factor in investment decisions.
Meanwhile, the Indonesian consulate in Sydney urged the Indonesian Muslim community in the city to exercise a higher degree of caution regarding the possibility of anti-Muslim sentiment and actions by members of anti-Muslim groups retaliating for the siege at the Lindt Café in Sydney's central business district.
'As far as I am concerned, there is no indication of that kind of activity going on yet. But we still advise that more caution be taken,' the Sydney consulate's cultural and social consul, Akbar Makarti, said on Tuesday.
The 16-hour siege at the Lindt Café ended in tragedy on Tuesday morning, as two hostages were killed. The gunman holding up the café, identified as Iranian-born Man Haron Monis, was also killed when the New South Wales police stormed the cafe after hearing gunshots.
Monis acted alone and was not a member of any terrorist cell.(dyl)
