Nanya dunk Kenapa si Indonesia suka disebut sebagai SouthEast Largest Economy?
Apakah karena kekayaan alamnya atau komoditinya ? Bukannya ekonomi Singapura, Malaysia dan Thailand lebih besar daripada ekonomi Indonesia? On Mon, Nov 17, 2008 at 9:18 PM, meizal <[EMAIL PROTECTED]> wrote: > Indonesia's GDP Expands at Slowest Pace in 6 Quarters (Update2) > > http://www.bloomberg.com/apps/news?pid=20601013&sid=aozNnivhfxbQ&refer=emergingmarkets > > By Aloysius Unditu and Arijit Ghosh > > Nov. 17 (Bloomberg) -- Indonesia's economy grew at the slowest pace in six > quarters as declining commodity prices reduced the value of exports and > agricultural output slowed. > > Southeast Asia's largest economy expanded 6.1 percent in the third quarter > from a year earlier, after growing 6.4 percent in the preceding three > months, the Central Statistics Bureau said in Jakarta today. That's more > than the median 5.9 percent forecast of 22 economists in a Bloomberg News > survey. > > Exporters in Indonesia, the world's biggest producer of palm oil and the > second-largest maker of rubber, are reeling from a slump in commodity prices > amid recessions in the U.S. and Europe. Japan fell into its first recession > since 2001, according to a Cabinet Office report today in Tokyo, after the > world's second-largest economy unexpectedly shrank in the third quarter. > > ``Going forward it's going to be a tough year in 2009,'' said Destry > Damayanti, an economist at PT Mandiri Sekuritas in Jakarta. ``We will be > affected as exports and imports are expected to slow significantly.'' > > The rupiah fell 2.2 percent to 11,825 against the dollar at 5 p.m. in > Jakarta. > > The government last month cut next year's target for Indonesia's > overseas-sales growth to below 11.9 percent. Frozen credit markets are > making it difficult for companies to obtain the letters of credit needed to > secure payment for their shipments. > > `Financial Turmoil' > > ``A few months ago I had five out of six containers already on their way to > the port returned because the client suddenly called and said he couldn't > secure the payment,'' said Umar Chotob, owner of CV Java Marindra Jaya, > which exports wooden furniture. ``The impact of the financial turmoil is > remarkable. It's overwhelming.'' > > Exports growth slowed to 14.3 percent in the quarter from a year earlier. > Farm output grew 2.4 percent in the three months ended September, the > slowest pace in six quarters. Construction increased 7.5 percent, the least > since the quarter ended December 2005. > > Rising prices of coal, palm oil, coffee and rubber earlier this year > increased the income of farmers and miners. That helped boost sales of > motorcycles to a record 612,032 in August, after Indonesians purchased an > unprecedented 60,830 cars in July. > > Since then, commodity prices have tumbled. Power station coal prices at > Australia's Newcastle port, a benchmark for Asia, fell 6.2 percent in the > week to Nov. 14 amid declines in global energy prices. > > ``All export prices are down and you can't compensate that with extra volume > because demand is not there,'' said Tony D. Costa, the president of PT Bank > Rabobank International Indonesia, a unit of the world's biggest agricultural > lender. Consumer spending is slowing and ``motorcycle sales will be much > lower. That means the economy will slow.'' > > Global Slump > > Indonesia's economic growth may ease to as low as 5 percent next year as the > world tilts toward a recession, Finance Minister Sri Mulyani Indrawati said > on Nov. 9. > > ``It will be very, very challenging for us to maintain growth under the > current circumstances,'' Sri Mulyani said. ``Just like other developing > countries, we have to be prepared for a longer period of weakening in the > economy.'' > > Government spending rose 16.9 percent in the third quarter, the fastest pace > since the three months ended June 2006, while consumer demand grew 5.3 > percent. > > ``Private consumption may still be able to sustain Indonesia's growth > trajectory amidst a deteriorating external trade position,'' said Enrico > Tanuwidjaja, an economist in Singapore at Oversea-Chinese Banking Corp. > > The statistics agency forecasts 2008 economic growth to be a ``minimum'' 6 > percent and less than 6 percent next year. > > To contact the reporter on this story: Arijit Ghosh in Jakarta at > [EMAIL PROTECTED]; Aloysius Unditu in Jakarta at [EMAIL PROTECTED]; > > Last Updated: November 17, 2008 05:30 EST > > Indonesia's Rupiah Approaches Seven-Year Low; Bonds Decline > > By Lilian Karunungan > > ________________________________ > > Nov. 17 (Bloomberg) -- Indonesia's rupiah approached a seven-year low after > the government reported the slowest economic growth in six quarters. Bonds > declined. > > http://www.bloomberg.com/apps/news?pid=20601083&sid=aJxWD3ZlC6Cw&refer=currency > > > > The currency was Asia's worst performer today versus the dollar, sliding in > tandem with regional shares, as reports confirming recessions in Hong Kong > and Japan prompted investors to seek safer bets than emerging-market assets. > Southeast Asia's largest economy expanded 6.1 percent in the third quarter > from a year earlier, beating the 5.9 percent growth predicted by economists > in a Bloomberg survey. > > ``Even though the figure came in better than expected, it doesn't have much > impact on the rupiah itself,'' said Gundy Cahyadi, an economist at > IDEAglobal in Singapore. ``Global growth is giving skepticism to the market. > Risk appetite is not going to change much.'' > > The rupiah slumped 1.5 percent to 11,750 per dollar as of 4:29 p.m. in > Jakarta, according to data compiled by Bloomberg. The currency touched > 11,988 on Nov. 13, the lowest level since April 2001. > > The MSCI Asia-Pacific Index of shares fell 0.5 percent, extending last > week's 4.7 percent slide. Overseas investors sold more Indonesian shares > than they bought on all but three of this month's trading days, according to > stock exchange data. > > Ten-year government bonds dropped for a fourth day on concern a weakening > rupiah is keeping overseas investors away from the securities. > > ``The negative sentiment is coming from the rupiah,'' said Handy Yunianto, a > Jakarta-based bond analyst at Mandiri Sekuritas, part of Indonesia's largest > lender. ``When the rupiah is volatile, the risk increases for foreign > investors.'' > > The yield on the 9 percent note due September 2018 rose 18 basis points, or > 0.18 percentage point, to 16.1 percent, according to closing prices at the > Inter Dealer Market Association. The price fell 0.6317, or 6,317 rupiah per > 1 million rupiah face amount, to 65.5100. A basis point is 0.01 percentage > point. > > To contact the reporter on this story: Lilian Karunungan in Jakarta at > [EMAIL PROTECTED] > > Last Updated: November 17, 2008 04:40 EST
