TMCnet.com, 13 Jul 2009
Jul 11, 2009 (Asia Pulse Data Source via COMTEX) -- Indonesia's economic growth in 2010 is likely to increase to 6 percent, compared to last year's 4.5 percent, according to Antara News Agency.
It cited Commissioner of BII Maybank at the Jakarta Fair as saying on July 10 that the increase was triggered by the declining inflation rate from 8 percent in 2008 to 3.6 percent in 2009, and the appreciation of the rupiah against the USD in line with the increase in stock market index.
"In the current global economic crisis Indonesia 's economic prospects are good compared to those of Malaysia, Thailand, and Singapore. Indonesia is at the same footing as China, India, and the Philippines in the economy," he said.
Read More
