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Shayne Heffernan is an Economist, Trader, Fund Manager and Venture Capitalist based in Asia. He also serves as Editor and contributor at www.livetradingnews.com, Founder of The Heffernan Group and currently building the company's financial services business in China. Major shareholder and CEO... More
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  • Indonesia Economic Outlook 0 comments
    Nov 27, 2012 3:50 PM

    Indonesia's economy has so far remained resilient in the face of a global slowdown thanks to robust investment and buoyant domestic demand in the world's fourth most populous nation. Healthy third quarter GDP numbers indicate growth for the full year is likely to come in within Bank Indonesia's 2012 target of 6.1-6.5 percent.

    The continued strength of domestic consumption was highlighted by a 28 percent jump in vehicle sales in September, despite new down payment requirements for auto purchases.

    Retail sales grew by 11.4 percent in August, down from 20 percent a month earlier.

    Read More

    www.livetradingnews.com/indonesia-econom...

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