Federal Reserve Chairman, Ben S. Bernanke, will meet with the Senate Finance Committee privately on Sept. 19 2012. Finance Committee Chairman Max Baucus described the meeting with Federal Reserve leaders as an extension of discussions he has been holding with lawmakers and people in the private sector about the fiscal cliff.
Anticipating the wrap up of 2 days US Federal Reserve meeting, stocks market on both local and internationally react with mixed trend. It is reported that U.S. stocks are edging higher before a key decision by the Federal Reserve on the economy. The Dow Jones industrial average is up 29 points to 13,362 at [...]
This posting shall elaborate the the statistic figures of Indonesian Economy in Jan 11 and Dec 10, from Indonesia’s Central Statistic Bureau (in Indonesia called as Biro Pusat Statistik or BPS) which just recently provides the Indonesian Economy statistics numbers. Here are some of the highlights :
Fruits and Vegetables
Indonesia`s exports of vegetables` seeds in 2010 reached US$22.67 million, up by more than US$9 million from US$13.71 million in 2009.
The director general of horticulture of the ministry of agriculture, Hasanuddin Ibrahim, said here on Thursday the seeds exported come from 13 commodities namely “kangkung” (water spinach), “pare” (bitter melon), [...]
I read on Antara site that Indonesian Chamber of Commerce and Industry (Kadin) said on Thursday, 23 Dec 2010 that Indonesia economy may grow up to 7 percent in 2011 . The growth of Indonesian economy shall reach 7 percent in 2011 if Indonesian government can provide some necessary conditions. This condition is [...]
It is true that Indonesia is still an attractive spot for international investment. I read on this site that local government of Southeast Sulawesi has reach an agreeement of cooperation with international dan national companies to established a factory that processing nickel on the region. The Nickel processing plant in Southeast Sulawesi shall [...]
Nuclear Power Plant
I stumble on some “good” news on Antara that Indonesia is actually already prepare to build the Indonesia’s first nuclear power plants in Bangka Belitung (Babel) province, Sumatera. Indonesia nuclear power plants in Bangka Belitung province can provide 16,600 MW of combined electricity which shall meet electricity demand in Babel province [...]
I read on Antara site that Indonesian government predict that Indonesia Industrial growth in 2011 can reach 5.2-6.1 percent. The prediction of Industrial growth of Indonesia in 2011 is delivered by Industrial Minister, MS Hidayat on Wednesday 22 Dec 2010. The minister then explained that with that number of Indonesia’s Industrial growth in [...]
I read on this site that Indonesia economy growth in Q4 of 2010 can reach 6.1 percent. This number make the Indonesia annual Economy growth in 2010 is 6.0 percent. This claim is released by Indonesia Finance Ministry.
The report also said that the until November 2010, Indonesia year on year inflation [...]
Indonesia Garuda Pancasila
I read on this site that Indonesia’s Minister of Economy said on on Sunday that Indonesia’s 2011 economy could expected to grow bigger than the economy growth in 2010. The minister said that the growth of Indonesia Economy in 2011 could raised by 0.5 percent from the 2010′s 6.0 percent. This [...]