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NEW UPDATES Asean Affairs 17 September 2015  

RI records $433.8m trade surplus in August

Indonesia had a US$433.8 million trade surplus in August, which was triggered by a $1.01 billion surplus in the non-oil and gas sector, the Central Statistics Agency (BPS) said in a release in Jakarta on Tuesday. On the oil and gas sector, it further said, Indonesia suffered a trade deficit of $580 million.

“Indonesia’s trade balance gained a surplus of $433.8 million for August, in which exports were recorded to reach $12.78 billion, while imports amounted to $12.27 billion,” BPS head Suryamin said as quoted by Antara in Jakarta on Tuesday.

In terms of volume, Suryamin said, the country’s trade balance also had a surplus of 28.94 million tons, which was pushed by a trade surplus of 29.26 million tons in the non-oil and gas sector. Meanwhile, the oil and gas sector suffered a deficit of 320,000 tons.

The BPS head said Indonesia’s exports were recorded at $12.70 billion in August, or up by 10.79 percent from July. August’s export figure showed a 12.28 percent decline from the same period last year.

Meanwhile, the country’s imports reached $12.27 billion in August, up by 21.69 percent from July and down by 17.06 percent from the same period in 2014.

“Cumulatively, Indonesia’s trade balance showed a surplus of $6.22 billion from January to August,” said Suryamin. The country’s exports totaled to $102.52 billion from January to August, while imports reached $96.30 billion.

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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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