Economist: more stable than Indonesia Philippines

Ameidyo David

Sindonews.com – Chief Economist Danareksa Purbaya Yudhi Sadewa Institute, rate, decreased Indonesia's economic outlook by Standard Poors (S&P) & slightly less fair to compare Indonesia with the Philippines because Filipinos are relatively close to the market.

"A little less fair if Indonesia compared to the Philippines because they are close to the market and is well known by the market," he said in a Kemenko Economy, Jakarta, on May 3, 2013.

However, he continued, when compared in terms of stability especially politics, Indonesia is much better compared to the neighboring countries of ASEAN.

"But judging from political stability, there still exists the armed forces bring-carry weapons, even entry into Malaysia. If there's already much safer than that. In a much different situation with the Philippines, we are far more stable, "pungkasnya.

As is known, the S&P Rating Service rating agency lowered the prospects of Indonesia be stable from positive. Indonesia votes have wasted the momentum to go up the rankings.

(izz)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

Economist: Gas export commodity was not

Michael Augustine -Sindonews

Sindonews.com -Economic Observer Faisal Basri said, gas is a national strategic asset. Therefore to increase the competitiveness of the industry, gas should not be used as a commodity, but as the energy to drive the domestic industry.
"Last year, we pay subsidies of energy more than Rp306 trillion. While oil and gas contributions to only Rp277 billion STATE BUDGET. So, the result of oil and gas exports that we do is not enough for the subsidy. That is, make the gas as a commodity that's very wrong, "Faisal said in affidavits that earned Sindonews, Jakarta, Friday (22/2/2013).

According to Faisal, in case the gas crisis at the impact already is visible from the tendency of deindustrialization in the region of North Sumatra (Sumatra). In recent years the contribution of industry to the gross Regional domestic product (PRDB) of North Sumatra continued to decline.
Therefore, he suggested, the Government should seriously in providing assurance of supply for gas industry in Medan. With the increase of the supply of gas, means the industry will continue to grow and open up greater employment.

"Indonesia must be able to transform from agriculture to industry as an indicator of progress. But that happened today the industry experienced a lot of problems. Even 54 percent of the workforce employed in the informal sector, this is sad, "stated Faisal.

(rna)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics