atans1

Indon growth exceeds expectations

In Indonesia on 10/08/2012 at 5:33 am

Indonesia’s economy expanded more than expected in the second quarter as domestic consumption helped offset a decline in demand for exports.

http://www.bbc.co.uk/news/business-19144786

Trumplets pls. Few days I wrote

But Indonesia has a few things going for it:

– two major exports are recession-proof

    — lower cost producer of thermal coal and closer to China (tpt costs lower) than Oz means there will still be demand for its coal; and

    — palm oil cooking oil is the cheapest cooking oil;

– cheap labour attracting the likes of Foxcomm;

– last yr’s floods in Thailand are prompting MNC manufacturers to a “Thailand + one” strategy; and

– consumption now accounts for two-thirds of gross domestic product in Indonesia.

http://atans1.wordpress.com/2012/08/02/thailand-philippines-hip-indonesia-is-history/

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 209 other followers

%d bloggers like this: