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NEWS UPDATES Asean Affairs    September  8,  2017  

Consumers optimistic amid lower confidence in August

A Bank Indonesia survey issued on Thursday indicates that consumer sentiment remains optimistic, although consumer confidence had weakened in August.

The Consumer Confidence Index (CCI) in August was 121.90, decreasing by 1.5 points from the previous month.

“The survey results indicate that consumer optimism could be maintained on the expectations of increased job creation in the next six months,” stated the central bank's survey report as quoted by on Friday.

BI said that a weakening in consumers’ perceived incomes and a decline in durable goods purchases had caused the decline in consumer confidence.

In line with the current decline in the CCI, consumer spending decreased by 0.2 percent to 63.8 percent.

Meanwhile, household savings increased by 0.5 percent to 21.1 percent, indicating a change in consumer behavior.

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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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