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Amboina, or Ambon, would remain the main base of the Dutch East India Company (VOC) from 1605 until its headquarters moved to Batavia, now Jakarta, in 1619.<br/><br/> The Dutch East India Company, or VOC, was a chartered company granted a monopoly by the Dutch government to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. It was also arguably the world's first megacorporation, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, coin money and establish colonies.<br/><br/> The VOC was set up in 1602 to gain a foothold in the East Indies (Indonesia) for the Dutch in the lucrative spice trade, which until that point was dominated by the Portuguese.<br/><br/> Between 1602 and 1796, the VOC sent almost a million Europeans to work in the Asia trade on 4,785 ships, and netted more than 2.5 million tons of Asian trade goods.
The Dutch East India Company established itself in the East Indies [now Indonesia] in the early 1600s with a view to controlling the lucrative trade in nutmeg, mace, cloves and pepper from a tiny cluster of islands known as the Moluccas [Maluku]. English merchants associated with the British East India Company, however, were also keen to stake a claim in the spice trade, and their interests came into direct conflict with those of the Dutch.<br/><br/> Early in 1623, the Dutch local governor, Herman van Speult, believed that the English merchants, helped by Japanese mercenaries, planned to kill him and overwhelm the Dutch garrison. He ordered the arrest of the alleged plotters. Under torture they admitted their guilt, and were executed on Amboina in February 1623. The British thereafter referred to the incident as the Amboina Massacre.