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NEWS UPDATES Asean Affairs     February 23, 2017  





Consumer confidence declines slightly in Q4

Indonesian consumer confidence declined slightly in the fourth quarter of 2016 to 120 points, according to the latest survey report from Nielsen.

The decline is indicated by low consumer optimism in regards to future personal finance. Consumer optimism in this area decreased three points to 81 points. Consumer spending intentions slightly decreased to 59 points from 60 points in the previous quarter.

Nielsen Company Indonesia managing director Agus Nurudin said rising concerns over political instability (25 percent) and emerging concerns over religious intolerance (25 percent) also contributed to the decline in consumer confidence in the fourth quarter.

“Consumers worry that religious intolerance will affect the country’s political stability,” he told a press conference in Jakarta on Monday.

Economic concerns (26 percent), work-life balance (15 percent) and terrorism (13 percent) also worried consumers.

The survey also shows that consumer concerns about a recession grew slightly to 54 points from 47 points in the previous quarter.


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ASEAN  ANALYSIS

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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