The Rupiah’s Precipitous Fall

During the time I lived in Indonesia, it traded in a band of between 8,500 and 10,000 rupiah, hovering around the 9,000 rupiah mark for much of the time. It was broadly stable during these years from 2005 to 2012, meaning that your Indonesian salary held its value reasonably well. The main threat was inflation,…

DIKNAS Tightens the Screws

The following information comes from a job ad for Wall Street Indonesia (WSI)- a company which, unlike TBI, has managed to expand and grow under the new regime. Nonetheless, these rules are tough. Here are the latest regulations from DIKNAS, who manage a very low-quality public education system themselves: * Bachelors degree or higher specifically…