Indonesia’s economy is continuing to power ahead, with strong domestic growth and rising demand for export products. However, concerns remain over a potential inflation breakout due to overheated consumer spending fuelled by low interest rates.
Indonesia
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Economic update | Indonesia: Riding the wave
14 Dec 2010
The commitment of substantial funds to expand a preschool programme could be an important step in Indonesia’s ongoing efforts to improve its education system through greater financial support and better access.
Economic update | Indonesia: Bank profits heat up
16 Nov 2010
While Indonesia’s banking sector has seen soaring profits and healthier competition levels, a major contributing factor to the strong recent performance of the national economy, there are concerns that the credit-driven boom could get out of hand.
While Indonesia and the EU already enjoy strong economic and political ties, business and political leaders are working to enhance relations and improve trade and investment flows between two large trading areas.
Indonesia’s transport planners hope that a metro system can ease congestion on Jakarta’s gridlocked roads, along with easing the daily anguish of long-suffering commuters the subway system is also expected to clear the way for economic gains.
News of progress on the massive Merauke food estate in Papua indicates growing momentum behind Indonesia’s attempts to boost its agricultural output through promoting investment and harnessing technology.