Economy

The Minister of Finance, Sri Mulyani, responded to the lifting of Indonesia from the list of developing countries by the United States (US) by saying that it did not have to cause excessive fear, but instead had to boost Indonesia’s competitiveness. “Indonesia has so far been included as a middle-ranked country, so indeed it must continue to increase competitiveness,” she …

Customs-cleared exports in January unexpectedly rose for the first time in six months, increasing 3.35% from a year earlier, boosted by higher shipments of gold and oil-related products, the commerce ministry said on Monday. January’s figures compared with a Reuters poll forecast for a fall of 3.0% in shipments, a main driver of Thai growth, and against December’s 1.28% drop.  …