Tag Archives: Economic growth

Growth and Welfare Deficit

February 08, 2012   admin   No comments

Central Bureau of Statistics (BPS) has announced the complete 2011 economic performance. First, the 2011 economic growth rate reached 6.5 percent. With the growth of the gross domestic product (GDP) amounted to$7.427 Billion.

If divided by the population, income per capita population of Indonesia 2011 of USD3.542. Per capita income rose 17.7 percent than the previous year amounting to USD3.010.

Secondly, the sector’s biggest donation contributed by the manufacturing sector (24.3 percent), agriculture, animal husbandry, forestry, and fisheries (14.7 percent), trade, hotels, and restaurants (13.8 percent), mining and quarrying ( 11.9 percent), construction (10.2 percent), services (10.5 percent), finance, real estate and business services (7.2 percent), transport and communications (6.6 percent); and electricity, gas, and water (0.8 percent).

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Asian Middle Class Potentially Grows Up to $ 4 Trillion

November 01, 2011   admin   No comments

Middle economic circles in Asia have a great opportunity to grow, with the potential of assets under management (AUM) are expected to reach $ 4 trillion in 2015. Similarly, as disclosed independent report issued by the Securities and Funding Division (Security and Fund Services) in collaboration with Citibank Mirae Asset Global Investment, Tuesday (01/11/2011).

This condition, according to the report, driven by the growth of high-income segments of society, a collection of new assets and pension insurance, as well as increased interest from foreign investors.

“Economic growth and population has resulted in emerging and growing middle class.With added by the expansion of the number of corporate and government assets, we see great opportunities in Asia in recent years, “said Head of Securities and Fund Services Citibank Asia Pacific David Russell in a press release received here on Monday (01/01/2011) .

Senior Advisor for Investor Sales, Citi Stewart Aldcroft explained, in the early 1990s, the asset management in Asia largely dominated by retail and local players.

economic-circle

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