Saturday, November 1, 2014   

Indonesian economic growth slows down in 2013
(02-05 12:44)

Indonesian growth slipped to 5.78 percent in 2013, official data showed Wednesday, its slowest pace for four years as Southeast Asia's biggest economy was hit by emerging market turmoil.
The figure was slightly stronger than forecasts but still below the 6.23 percent expansion seen in 2012.
In the fourth quarter growth came in at 5.72 percent year-on-year, the official statistics agency said.
Indonesia was one of the hardest hit emerging markets in the summer when foreign investors pulled funds on fears that the US Federal Reserve was set to start reducing its stimulus program.
It was also dragged by a slowdown in demand, particularly from China, for its key commodities exports. --AFP
   
Other Business breaking news:
German retail sales post biggest drop for 7 years (10-31 17:59)
Hang Seng finishes higher (10-31 17:22)
IAG airlines group logs improving Q3 profits (10-31 17:21)
European stocks rally at open (10-31 16:47)
Panasonic says half-year profit dives (10-31 15:53)
Nikkei soars to seven-year high (10-31 15:44)
Japan Airlines H1 net profit slips (10-31 15:43)
Sony says half-year loss balloons six-fold (10-31 15:42)
RBS sets aside 400m pounds for forex probes (10-31 15:41)
BoJ chief says at 'critical moment' for exiting deflation (10-31 15:40)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.