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NEW UPDATES Asean Affairs  4  February 2014  

RI’s trade surplus hits highest level since 2011: BPS 
Indonesia recorded a trade surplus of US$1.52 billion in December 2013, the Central Statistics Agency (BPS) reported on Monday.
“Indonesia’s trade surplus in December last year was the highest during the last three years, after a trade surplus of $602.6 million in December 2011,” BPS head Suryamin told a press conference in Jakarta on Monday, as quoted by Antara news agency.
According to the BPS, Indonesia’s exports stood at $16.98 billion in December last year, exceeding $15.46 billion in total imports.
Suryamin said Indonesia’s trade surplus was due to a surplus of $2.34 billion in the non-oil and gas sector, although at the same time, the oil and gas sector suffered a deficit of $0.82 billion.
“The trade surplus was also followed by an increase in trade volume during December 2013, which reached 56.49 million tons and an increase in difference between import volumes of 12.33 billion tons and export volumes that stood at 68.82 million tons,” said Suryamin.
During December last year, Indonesia’s trade surplus was supported by a non-oil and gas surplus of $2.34 billion. Exports were $13.58 billion and imports reached $11.24 billion.
Suryamin said non-oil and gas exports reached $13.58 billion in December 2013, up by 3.09 percent from $13.17 billion in the previous month.
He said increases in non-oil and gas exports were triggered by hikes in commodity prices, such as minerals, which increased by 40.18 percent or $975.7 million; non-crocheted textiles, which increased 29.39 percent or $353.3 million; and vehicles and spare parts, which increased by 7.18 percent or $362.8 million. (ebf) 

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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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