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NEWS UPDATES Asean Affairs   November, 1,  2017  

Investments reach 75.6 percent up to Q3

Indonesia: The Investment Coordinating Board (BKPM) announced on Monday that investments had reached Rp 513.2 trillion (US$37.79 billion) by the end of the third quarter, or 75.6 percent of its target for 2017.

The board is confident that it would achieve its annual target of Rp 678.8 trillion, said BKPM head Thomas Lembong in Jakarta on Monday

"The economic transformation proclaimed by President Joko 'Jokowi' Widodo three years ago has come into shape," Thomas told reporters at a press conference.

Meanwhile, foreign investments reached Rp 318.5 trillion, or 62.1 percent of the overall achievement, with domestic investments contributing Rp 194.7 trillion — or 37.9 percent — of total investments, he added.

Meanwhile, 55.1 percent of the investments still went to Java, and the remaining 44.9 percent was distributed to the rest of the country.

BKPM monitoring and realization deputy director Azhar Lubis said that energy and metal processing remained the most attractive sectors for investors.

"Singapore, Japan, China, the United States and South Korea are still the top five countries of origin for our investors so far," Azhar 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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