Indonesia’s Economy Expands with 6.5% in Third Quarter
Date: 07-11-2011
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Indonesia's economy grew more than 6 percent for a fourth straight quarter as consumption, investment and exports weathered a faltering global recovery. Indonesia’s GDP growth was mainly driven by domestic activity. The world’s fourth-most populous nation relies on consumption more than some of its neighbors, making it less vulnerable to swings in global demand.

The Indonesian Foreign Investment Coordinating Board announced that foreign investment rose with 15.3 percent to $7.3 billion in the last three months. Among the investors are Toyota Motor and Unilever.

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Last changed: 08-11-2011 at 08:55