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NEWS UPDATES Asean Affairs   February 8, 2018  

Central Sulawesi records economic growth of 7.14% in 2017

Central Sulawesi’s economy expanded by 7.14 percent in 2017, supported by significant growth in the industrial sector.

Yet the figure marks a slowdown from 2016, when growth was recorded at 9.98 percent.

The mining industry and the processing industry grew by 15.2 percent and 11.3 percent respectively, while the electricity and gas industry grew by 9.2 percent. Those are the three sectors that saw the highest growth over the past few years.

“In my opinion, Central Sulawesi’s economy is doing very well, and the province has attracted national attention because of it,” the head of the Central Statistics Agency’s (BPS) Central Sulawesi office, Faisal Anwar, told The Jakarta Post on Tuesday.

He added that growth in the fourth quarter of 2017 came in at 9.15 percent, 3.75 percentage points higher than in the corresponding period of 2016.

The provincial economy has long outpaced the national average, a fact that Faisal attributed to the mining and energy sector.

The economy of the whole of Sulawesi grew by 7.01 percent, with South Sulawesi recording the highest growth rate of 7.23 percent.

The national economy grew by 5.07 percent last year. (kmt/bbn)

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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