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INTERNATIONAL BRIEFS; Indonesian Economy Shrank 13.7% in Year

INTERNATIONAL BRIEFS; Indonesian Economy Shrank 13.7% in Year | Indonesia EDP 4 | Scoop.it
Indonesia's economy shrank 13.7 percent in 1998, less than the Government expected, while consumer prices rose 77.6 percent to their highest since 1967. The Government had forecast a 15 percent contraction in the economy for 1998. Helped by the stronger rupiah, the economy contracted only 0.27 percent in the fourth quarter from the third.
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Indonesia Surprises With Surge in Economy

Indonesia Surprises With Surge in Economy | Indonesia EDP 4 | Scoop.it
The rate of growth in the country's gross domestic product exceeded forecasts and outpaced those in other major developing nations.
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Indonesia’s Economic Growth Exceeds 6% as Investment Climbs

Indonesia’s Economic Growth Exceeds 6% as Investment Climbs | Indonesia EDP 4 | Scoop.it
Indonesia’s economic growth held
above 6 percent for an eighth quarter as domestic consumption
and rising investment countered an export slump, reducing the
need for the central bank to cut interest rates.

Via Deepak Pershad
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Andy Ho's comment, April 27, 2014 11:35 PM
Since after the asian econ crisis Indonesia GDP growth has been rising immensely. It has outperformed every Asian country after China this year. However, its economy outlook is becoming uncertain now. For example its exports have been decreasing recently. I believe although Indonesia started of strong it's beginning to deteriorate. The government is hoping rupiah to average 9,300 against the dollar next year. If not the Indonesian currency will become unstable even though they expect it to stabilize because of pressure
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Construction in Indonesia - Key Trends and Opportunities to 2018 Market, Trends, Share, Size Research Report

Construction in Indonesia - Key Trends and Opportunities to 2018 Market, Trends, Share, Size Research Report | Indonesia EDP 4 | Scoop.it
Construction in Indonesia - Key Trends and Opportunities to 2018 Market Research Report Published in 2014-02-18 by Timetric

Via bhakti ganjare
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bhakti ganjare's curator insight, February 20, 2014 7:31 AM
This report (http://www.researchmoz.us/construction-in-indonesia-key-trends-and-opportunities-to-2018-report.html ) provides detailed market analysis, information and insights into the Indonesian construction industry including: The Indonesian construction industry's growth prospects by market, project type, and type of construction activityAnalysis of equipment, material and service costs across each project type within IndonesiaCritical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Indonesian construction industryAssessment of the competitive forces facing the construction industry in Indonesia, and profiles of the leading operatorsData highlights of the largest construction projects in Indonesia. 
Andy Ho's comment, April 27, 2014 11:09 PM
The Indonesian industry has been growing healthy during the period from 2009-2013. It has been growing at a healthy average annual rate of 7% in real terms. Owing to high investment, the construction industry posted a review-period compound annual growth rate of 27.11%. Industry growth is expected to remain strong over the forecast period (2014–2018), as a result of the government’s focus on infrastructure and industrial construction, and the implementation of the multi-year Master Plan for the Acceleration and Expansion of Indonesia’s Economic Development. It launched this project in anticipation of attracting investment plans. It is highly probable that this plan will work because it would assess market growth potential at a micro-level with over 600 time-series data forecasts, and understand the latest industry and market trends The gov. is doing this to strengthen public-private partnership (PPP) regulations.
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Is the Indonesian economy in trouble?

Is the Indonesian economy in trouble? | Indonesia EDP 4 | Scoop.it
Author: Peter McCawley, ANU
Suddenly there are signs of pressure in the Indonesia economy. Until recently, the economy seemed to be doing well.

Via Frank Klomp
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Andy Ho's comment, April 27, 2014 10:27 PM
The economy of Indonesia has taken a huge hit. Because of three short-term problems Indonesia's market has suddenly become less tolerant. These problems consist of the slowdown of economic growth in china has led to the fall in demand for Indonesian exports, US Fed chairman Ben Bernanke’s indications that the remarkable period of loose monetary policy in the US might be drawing to an end has led to something of a global flight of capital from emerging markets, and India’s current economic woes have led to concerns that these problems might spread to other countries across the region through a process of contagion, as was the case in the Asian Financial Crisis of 1997–98. As a result They should invest more in their urban, industrial and agricultural infrastructure development under state control and move towards solid state capitalism, which will deal very severe blow to developed economies of North America, Europe and in Asia Pacific region. These countries have not benefited from foreign institutional investments in stock market in any case as that encourages speculation and distorts the stock markets.
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Indonesia Reports Slowest Growth in 4 Years

Indonesia Reports Slowest Growth in 4 Years | Indonesia EDP 4 | Scoop.it
Indonesia’s economy grew less than 6 percent annually for the first time since 2009, the government said, amid a weak currency and higher rates.
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Indonesia’s Economy Grows at Slower Pace

Indonesia’s Economy Grows at Slower Pace | Indonesia EDP 4 | Scoop.it
Momentum was cooled by an export ban on minerals and by aggressive interest rate increases to rein in a large current-account gap.
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A False Hope? Indonesia’s Economic Miracle

A False Hope? Indonesia’s Economic Miracle | Indonesia EDP 4 | Scoop.it
Indonesia has made a remarkable economic comeback. Yet, its amazing growth is neither sustainable nor inclusive.

Via GILLES DEPARDIEU
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GILLES DEPARDIEU's curator insight, May 23, 2013 12:35 AM

Indonesia’s elites have also done everything in their power, the power they do have, to channel the country’s riches into their own pockets.

Andy Ho's comment, April 27, 2014 11:28 PM
Indonesia's economic growth is dwindling. Economists are question whether it can be sustained. They predict maybe for a few more decades. Already Indonesia's resources are starting to decline. Similarly, the government’s failure to curb corruption, rent-seeking and red tape has turned Indonesia essentially into a high-cost economy shun by manufacturers. I believe that the direction that Indonesia is heading is slowly destroying itself. Indonesia once a prosperous country is now killing itself because of its poor economic decisions especially with trade, and its corrupt government.
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Coal Exports Are Dragging Down Indonesia's Economy, Is the US Next? - Energy Collective

Coal Exports Are Dragging Down Indonesia's Economy, Is the US Next? - Energy Collective | Indonesia EDP 4 | Scoop.it
Coal Exports Are Dragging Down Indonesia's Economy, Is the US Next?
Energy Collective
The country has witnessed an enormous coal mining boom over the last decade making it the number-one thermal coal exporter in the world.
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Andy Ho's comment, April 27, 2014 10:42 PM
According to economists coal mining seems to be deteriorating Indonesia's economy. There are mountains of evidence highlighting how its been destabilizing Indonesia's economy. From restricting the country's market growth and capital investment, to diminishing livelihoods, to exacerbating poverty, coal is having disastrous effects on an otherwise diversified and thriving economy. The fact is an over-reliance on coal, contrary to industry rhetoric, is actually weighing down the rapidly developing Indonesian economy. The reason being is that most of it is exported, but most of the aftermath is felt within Indonesia. Coal has done little to improve the livelihoods of the communities where it operates. Now it threatens the economy as a whole. Indonesia should decrease its coal production because its done is hurt its rural communities eventually hurting its entire country as a whole.
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Indonesia Looks to Grow Its Economy 'Creatively' - CNBC.com

Indonesia Looks to Grow Its Economy 'Creatively' - CNBC.com | Indonesia EDP 4 | Scoop.it
Indonesia Looks to Grow Its Economy 'Creatively'CNBC.comIn Indonesia, she sees clusters of creative economic activity already brewing in places like Bandung, and Bali, and wants to create the same kind of buzz in other Indonesian cities.

Via Ignasi Capdevila
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Andy Ho's comment, April 27, 2014 10:08 PM
Mari Pangestu hopes to boost Indonesia's economy. She intends to do so by creating a "creative" economy, in other words increase tourism. According to her it already accounts for over 7% of Indonesia's economy. She wants to boost that share to over half, to more than 11% of GDP. Already in Indonesia though their are clusters of Pangestu so called "creative" economic activity brewing up in other cities life Bangdung. It is highly probable that Pangestu creative economic idea will succeed because of its increasing demand in Indonesia. Not only that, but in the past Indonesia has always benefited from its creative economic side as Pangestu states " It is in their DNA".
Marina Fahim's curator insight, April 27, 2014 11:55 PM

Pangestu, in charge of Indonesia's new Ministry for Tourism and Creative Economy, just knows Indonesia can grow because “Indonesia has a long and deep history of creative activity. Creativity is in our DNA." She says that a "creative economy" involves restaurants, fashion, music, theatre, industrial design, publishing, spa, and arts and crafts. These activity account 7% of the economy and she wants to raise that to 11% of the GDP. If her creative economy succeeds, their country's image will have a huge boost.