Economy in Indonesia
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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BRUNEI , 2015/11/18
Increase among the 21 Asia-Pacific Economic Cooperation (APEC) economies softened to 3.1 % in the second quarter of 2015, down from 3.2 % in the initial quarter and 3.4 % a year ago, according to an APEC economic analysis released on Tuesday.
The statement said the increase slowdown reflected the prolonged weakness in world economic activity as the modest recovery in advanced economies was matched by a general slowdown in emerging market economies.
The moderation in GDP levels could be attributed to declining investments and lacklustre exports, according to the statement.
"Economies across the Asia-Pacific continue to grow but find themselves in a holding pattern of lower increase in the absence of high trade volumes," said Alan Bollard, Executive Director of the APEC Secretariat.
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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INDONESIA, 2013/08/03
Indonesia's economy expanded less than expected in the second quarter, official data showed Friday.
Gross domestic product expanded 5.81 % year-on-year in the second quarter next rising 6.02 % a quarter ago, Statistics Indonesia reported. The rate of increase was as well slower than the 6 % increase estimate by economists.
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INDONESIA, 2013/08/03
Driven by the weakness in investment and household spending, Indonesia's economic increase fell below 6 % in the second quarter, official data from Statistics Indonesia showed Friday.
Southeast Asia's major economy expanded only 5.81 % year-on-year in the second quarter, next logging a revised 6.02 % increase in the preceding three months. The pace of increase was the slowest in three years and as well weaker-than the 6 % expansion estimate by economists.
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INDONESIA, 2013/05/07
Coordinating Economic Minister Hatta Rajasa said Indonesia’s economy was expected to grow only within a 6.4 percent range this year due to ongoing weakness in the global economy.
“We have to be realistic in observing the global economy, which is still showing uncertainty, while at the same time, we have to make some adjustments in our revised state budget,” said Hatta in Jakarta, on Monday evening, as quoted by Antara news agency.
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INDIA, 2013/05/02
Indonesia overtook India as the majority optimistic consumer market globally, according to a survey by world data and insights company Nielsen. Japan, where the central bank has aggressively boosted economic stimulus, reported its highest consumer confidence score since 2006 although Japanese were still very cautious about the outlook.
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INDONESIA, 2013/03/11
Amid the world financial crisis, the World Bank projects that Indonesia’s economy will grow by 6.6 % in 2013, better than a lot of other emerging powers. Indonesia is currently the world’s 16th-largest economy by GDP, and is predicted to become the seventh largest by 2030. Many have billed Indonesia as ‘a rising middle power’ — but how will, and should, Indonesia’s (perceived) rise impact on its foreign policy posture?
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INDONESIA, 2013/03/07
Amid the world financial crisis, the World Bank projects that Indonesia’s economy will grow by 6.6 % in 2013, better than a lot of other emerging powers. The IMF has cut its increase prediction for Brazil from 4.6 % to 4.0 %, while Moody’s Analytics places India’s GDP increase rate at 6.0 %. Indonesia has as well gained a prominent position in the world diplomatic arena in recent years by becoming a member of the G20 and by co-chairing the UN High-Level Panel on the Post-2015 Development Schedule. Indonesia is clearly additional than just ‘a fractured belt of comets orbiting China’, as erroneously suggested by Parag Khanna.
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INDONESIA, 2013/03/03
