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NEWS UPDATES Asean Affairs    18  July  2016  

Exports in June drop 4% compared to last year

Indonesia:Despite scoring the highest export value of the past year in June, Indonesia saw a 4 percent year-on-year export decrease during the month to US$12.92 billion compared to $13.44 billion in June 2015.

On a month-on-month (mm) basis, export value increased 12.18 percent compared to May 2016. Oil and gas exports rose 23.92 percent mm from $960 million to $1.19 billion while non-oil and gas exports climbed 11.12 percent in the same period from $10.55 billion to $11.73 billion.

“June’s exports were the highest [in the last year]. Hopefully it indicates good signs for the following months,” Central Statistics Agency (BPS) head Suryamin said at a press conference in Jakarta on Friday.

Likewise, June’s imports also experienced an increase of 7.86 percent mm to $12.02 billion. Oil and gas imports rose 1.02 percent to $1.69 billion, while non-oil and gas imports climbed 9.07 percent to $10.33 percent.

“But it fell 7.41 percent compared to imports in June 2015,” Suryamin explained.

With the jump in June exports, the BPS recorded a trade surplus of $900.2 million, which grew significantly compared to the figure in May of $375.6 million. “Cumulatively, the trade surplus from January to June stood at $3.59 billion, from $69.51 billion of exports and $65.92 billion of imports,” he said.

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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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