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​Comment: US, European, Australian firms exiting Indonesia amid regulatory uncertainty, corrupt demands

By Phoebe Seers ( September 14, 2016, 08:33 GMT | Comment) -- US, European and Australian companies are increasingly choosing to leave Indonesia amid an increasingly uncertain regulatory landscape, political risk and fear of prosecution under their home country anti-foreign bribery laws. But that exodus is having little impact on demands for bribes by Indonesian officials, as newcomers from China, Russia and India, who are better prepared to deal with corrupt demands, flock to invest.US, European and Australian companies are increasingly choosing to leave Indonesia amid an increasingly uncertain regulatory landscape, political risk and fear of prosecution under their home country anti-foreign bribery laws. But that exodus is having little impact on demands for bribes by Indonesian officials, as newcomers from China, Russia and India, who are better prepared to deal with corrupt demands, flock to invest. There will always, it seems, be someone else willing to pay....

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