spice islands :
- n a group of island in eastern Indonesia between Celebes and New Guinea; settled by the Portuguese but taken by the Dutch who made them the center for a spice monopoly, at which time they were known as Spice Islands
News & Articles
- Banking by Boat Spells New Client Growth for Bank Rakyat
The absence of cash machines on many of Indonesia’s Spice Islands, where cloves and nutmeg once made sultans and European explorers wealthy, means banking is often done on boats that can carry automated teller machines.
Feb. 2, 2014 - Bloomberg