Indonesia's economic growth in 2010 up six percent
Indonesia's economic growth in 2010 is likely to increase to 6
percent, compared to last year's 4.5 percent, according to Antara News
Agency.
Indonesia's economic growth in 2010 is likely to increase to 6
percent, compared to last year's 4.5 percent, according to Antara News
Agency.
It cited Commissioner of BII Maybank at the Jakarta Fair as saying on July 10 that the increase was triggered by the declining inflation rate from 8 percent in 2008 to 3.6 percent in 2009, and the appreciation of the rupiah against the USD in line with the increase in stock market index.
"In the current global economic crisis Indonesia 's economic prospects are good compared to those of Malaysia, Thailand, and Singapore. Indonesia is at the same footing as China, India, and the Philippines in the economy," he said.
He added that in 2010 the average increase in Indonesia's economy compared to 2009 is the effects of agriculture, mining, industry, water, electricity and gas, construction, trade, finance, services, and the GDP up from 0.5 percent to 4.5 percent from 2009.
"Only transportation and communications undergo a drop to 6 percent in 2010 compared to 2009," he said./.
It cited Commissioner of BII Maybank at the Jakarta Fair as saying on July 10 that the increase was triggered by the declining inflation rate from 8 percent in 2008 to 3.6 percent in 2009, and the appreciation of the rupiah against the USD in line with the increase in stock market index.
"In the current global economic crisis Indonesia 's economic prospects are good compared to those of Malaysia, Thailand, and Singapore. Indonesia is at the same footing as China, India, and the Philippines in the economy," he said.
He added that in 2010 the average increase in Indonesia's economy compared to 2009 is the effects of agriculture, mining, industry, water, electricity and gas, construction, trade, finance, services, and the GDP up from 0.5 percent to 4.5 percent from 2009.
"Only transportation and communications undergo a drop to 6 percent in 2010 compared to 2009," he said./.
You should also see
Vietnam urged to build legal corridor for AI industry
Vietnam needs a policy on artificial intelligence (AI) to help this industry develop strongly, while minimising risks, according to insiders.
See more
ASEAN
ASEAN Future Forum 2024 looks to ensure comprehensive security for community
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
ASEAN
ASEAN Future Forum 2024 enters first session
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN
Canada, ASEAN consolidate climate change response, economic cooperation
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN
ASEAN youth empowered to unleash potential: ASEAN chief
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
World
Thailand urged to increase proportion of renewable power generation
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
