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North Sumatra's exports almost 11 billion US dollars
North Sumatra's exports in November 2011 reached almost 11 billion US dollars, or 10.902 billion US dollars, with the biggest contribution from animal and vegetable fats. "The biggest export value in 2011 reached 10.902 billion US dollars, a 32.14 pct increase from 8.250 billion US dollars in the same period of 2010, in which the export of animal and vegetable fats reached 4.315 billion US dollars," head of North Sumatra Central Bureau of Statistics (BPS) Suharno said.
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RI`s December inflation 0.57 percent
Indonesia`s inflation rate reached 0.57 percent in December 2011 , according to the Central Bureau of Statistics (BPS). Among the major contributors to the inflation rate were foodstuffs (1.62 percent) and cooked food, beverages, cigarettes, and tobacco (0.50 percent), Suryamin, the BPS acting chairman, said here on Monday.
Investment in 2011 expected to surpass target
Trade Minister/Investment Coordinating Agency (BKPM) Chief Gita Wirjawan said he believed this year`s investment would reach Rp250 trillion or surpass the target set at Rp240 trillion. "God willing, realization of foreign and domestic investments in 2011 will reach Rp250 trillion or higher than the target set at Rp240 trillion," he said at a press conference after a cabinet meeting.
Manufacturing industries expected to grow 7.1 pct
Industry Minister MS Hidayat is convinced the country`s non-oil and non-gas manufacturing industries will grow by 7.1 percent in 2012, up from 6.9 percent in 2011. "We are optimistic that the 7.1 percent growth would be achieved if all policies and programs in the industrial fields proceed well this year," the minister said. He said that the upward trend in the manufacturing industry growth in 2011 would continue in 2012.
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President : RI`s 4th quarter growth the highest in ASEAN
President Susilo Bambang Yudhoyono said on Tuesday Indonesia`s economy grew 6.5 percent in the fourth quarter of 2011 making it the country with the highest growth rate in the Southeast Asian region. "The economic growth of 6.5 percent in the fourth quarter of 2011 was the highest among the ASEAN member states," Yudhoyono said at a plenary cabinet meeting at the Presidential Office here.
Read more: President : RI`s 4th quarter growth the highest in ASEAN
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