Sign up | Log in



Home  >>   Daily News  >>Indonesia >>Economys>>Economist warns of minor crisis in December
NEWS UPDATES Asean Affairs   November 13,  2017  


Sri Mulyani optimistic about Q4 growth of 5.3%

Finance Minister Sri Mulyani Indrawati remains optimistic about the country's economic growth despite slower-than-expected growth in the third quarter, and expects fourth-quarter growth to reach 5.3 percent, she said on Friday.

"I consider that with third-quarter growth, which was supported by strong investment and exports as well as our efforts in maintaining consumer purchasing power and low prices, we cane still hope that growth in the fourth quarter will reach 5.3 percent," she told reporters on Friday.

If this expectation is fulfilled, the country will see economic growth of 5.09 percent this year.

Gross domestic product (GDP) increased by 5.06 percent in the third quarter, fueled by high investment, government spending and exports, as well as growth in imports amid weaker household spending. The GDP growth rate was 5.01 percent in the first two quarters.

The third-quarter growth rate has maintained 5.03 percent growth in the economy as of September, which is still lower than the 5.2 percent growth cited in the 2017 revised state budget and expected year-end growth of 5.17 percent.

"Given the positive growth in government spending proposed for the fourth quarter compared to last year, I still have hopes that this will positively impact economic growth," Sri Mulyani said.

Earlier on Thursday, Coordinating Economic Minister Darmin Nasution also said he expected the economy to grow by around 5.1 percent this year.

"It would be unrealistic if [the target] was much higher," he said.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                         November 13,  2017
• Economist warns of minor crisis in December Subcribe: Asean Affairs Global Magazine
• Myanmar looks to catalyse river transport as growth driver Subsribe Now !
Sri Mulyani optimistic about Q4 growth of 5.3%
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Trade value with China in first half of fiscal year totals US$5.5 billion
PHL trade gap eases by 5.2% to $1.915B in September
Asean Analysis                  October 27,  2017
• Asean Analysis October 27, 2017
Southeast Asia from Scott Circle: Indonesian Presidential Politics Begins to Heat Up 18 Months before Elections
Advertise Your Brand

Asean Stock Watch   November 10,  2017

• Asean Stock Watch-November 10, 2017
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


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






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand