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Guided Democracy (Indonesian: Demokrasi Terpimpin), also called the Old Order (Indonesian: Orde Lama), was the political system in place in Indonesia from 1959 until the New Order began in 1966. This period followed the dissolution of the liberal democracy period in Indonesia by President Sukarno , who centralized control in the name of ...
OYL Industries Berhad (OYL Industries Limited) was a member of the Hong Leong Group Malaysia, until its 2006 acquisition by Japan's Daikin Industries.OYL was one of the largest air conditioner manufacturers, and post merger, made Daikin the number two manufacturer of air conditioning systems in the world.
In the filtration realm, Daikin acquired American Air Filter (AAF) in 2007, [11] and Flanders in 2016. [12] The resulting entity is known both as AAF International and AAF Flanders. In 2008, Daikin purchased a 75% share of All World Machinery Supply based in Roscoe, Illinois. [13] In 2009, Daikin Airconditioning Philippines was established. [14]
In the mid-1950s, the economists who would become the Berkeley Mafia were students at the Faculty of Economics at the University of Indonesia (FEUI). The faculty was headed by Sumitro Djojohadikusumo, an economist who had served as Minister of Trade and Industry and Minister of Finance for the Government.
The New Order (Indonesian: Orde Baru, abbreviated Orba) describes the regime of the second Indonesian President Suharto from his rise to power in 1966 until his resignation in 1998. Suharto coined the term upon his accession and used it to contrast his presidency with that of his predecessor Sukarno (retroactively dubbed the "Old Order" or Orde ...
Indonesia's transition to the New Order in the mid-1960s ousted the country's first president, Sukarno, after 22 years in the position.One of the most tumultuous periods in the country's modern history, it was also the commencement of Suharto's 31-year presidency.
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In August 2012, Hellman & Friedman agreed to sell Goodman Global to Japan's Daikin Industries Ltd. for $3.7 billion. In 2015, Daikin commenced construction of the state-of-the-art Daikin Texas Technology Park campus near Houston, Texas. This project, costing over $400 million, was the largest investment made in Daikin’s 90-year history.