SUBSCRIBERS
Indonesia's Jan exports slide by more than 20%; central bank may cut rates
Published Mon, Feb 15, 2016 · 09:50 PM
Jakarta
INDONESIA posted a small trade surplus in January, confounding expectations for a third monthly deficit, due largely to a slump in imports from persistently weak domestic consumption.
Sliding prices for oil, gas and other commodities have led to a sharp drop in export earnings for South-east Asia's largest economy, and deteriorating global demand could push the central bank to cut rates again this week, some economists said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons