EXPORT
Crushed Outside, Doubtful Inside
Indonesia's export value is plummeting. It is doubtful that the stimulus package will positively affect the local market.
April 7, 2009
THE alarm is close to going off on Indonesia's exports. Last February, Indonesia's exports were a mere US$7.08 billion, or a plunge of 32.86 percent compared to the same period last year. Compared to last June's figures, they've even dropped nearly 44 percent. Considering plummeting import figures, Indonesia's exports for the coming two months are predicted to nosedive.
That global trade will slow down has been predicted. However, like a wild ball, the
...