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Indonesia - A developing country on the verge of a great leap?
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Because Indonesia hardly ever shows up in our media outlets, it might be easy for one to forget that it is the fourth largest country by population on Earth. After the Asian financial crisis of the nineties, the archipelago did recover, but nowhere near as strongly as did China or India. Because of this however, the island nation was named by Goldman Sachs expert, Jim O’Neill to be one of the “Next Eleven,” a group of growing and developing economies on the way to the top. Particularly the commodity sector is interesting for investors, as it accounts for a large part of Indonesia’s exports. The demand for professional translators is growing as well, seeing as how business related documents written in the native language of a partner or client are greatly appreciated. If you would like to successfully get your foot in the door that is Indonesia, our experienced project managers are available for you, ready to help. They take care of choosing the right native speaking translator as well as the pre- and post-translation duties. Just get into contact with us by phone or send us the texts you would like to have translated by email. You will then receive a custom and non binding quote from us in return.
The dominance of agriculture and the strong mining sector
This former Dutch colony is still known to be an agriculturally strong country. Its major crops are rice, the basic staple of their diet, sweet potatoes, and tapioca. Other regions grow different types of crops as well. Production is not always geared towards the market; self-sufficiency farming is widely practiced as well. In addition, there’s the mining and commodities sector which may employ a smaller number of people than agriculture, but is more lucrative among other things. One example of this is the region of West Papua, which holds the world’s largest gold mine. More natural resources in Indonesia include copper and natural gas. In the past, these raw materials alone managed to attract international investors. Unfortunately, just like in the agricultural sectors, environmental problems continue to arise due to deforestation of the rain forest or pollution of the soil, a result of the mines’ bad environmental standards. Tourism dominates the service sector particularly in important centers like Java and Bali. Indonesia is a popular destination for Australian travelers and Chinese vacationers which belong to the larger guest groups. Indonesia still has a long way to go before it achieves a modern, industrialized economic system. The political system’s low efficiency, corruption, and nepotism are all factors holding the country back from development. The same is true for the bad infrastructure. With all of its natural wealth, investing in this island nation could be worthwhile, evident in the presence of many international companies there. If you are also starting a business in Indonesia, we are happy to assist you. Feel free to contact us and let us advise you. We look forward to hearing from you!
Babylonian linguistic diversity
Over three hundred different groups of people live within the country of Indonesia, which inherently provides for a great variety of different languages. The majority of these languages have defined regional boundaries. Serving as a means of communcation between these different groups of people, the Indonesian language shares great similarities with Malay with which it forms the Malaysian languages. Although the majority of the population speaks Indonesian as a second or third language, almost two-thirds of Indonesians master this language. International negotiations are conducted mostly in English. However, it may be necessary to translate contracts and documents into Indonesian, which, because of its great differences from European languages, is no simple undertaking. The translation agency Fasttranslator has qualified personnel, even for exotic languages such as Indonesian. If you are interested in businesses in the fourth largest country in the world, don’t hesititate to contact us. With customized translation solutions, we make your success a reality.
