ASEAN economy expanded 4.9% in the third quarter of 2018, buttressed by strong domestic demand. However, this still marks a loss of momentum from the second quarter’s 5.2% expansion.
After Singapore and Vietnam released GDP readings in October, this month it was the turn of regional heavyweight Indonesia, which accounts for over a third of ASEAN’s nominal GDP. Indonesia’s economy grew at a solid pace in Q3 thanks to buoyant private consumption—boosted by employment growth and mild inflation—and expansions in government consumption and fixed investment. The external sector, however, continued to drag on the economy on surging imports.
Growth in the Philippines moderated in Q3, although it remained the envy of most other economies in the region. The intensification of price pressures took the edge off private consumption growth, while the government’s infrastructure drive—despite buoying fixed investment—sucked in imports, leading to a negative contribution from the external sector.
The ranking of best selling cars in the region is provided aggregating sales data from Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar and Cambodia.
In the first ten months of 2018 on top of the list there was again the former leader, the Toyota Hilux, produced in Thailand, with 152.054 sales (+24.9%) with a narrow gap over the second, the Isuzu D-Max, produced in Thailand as well, with 134.902 sales (+11.9%)
Third was the model leader in Malaysia, the Perodua Axia with 89.373 sales (+33.0%) followed by the Toyota Vios with 82.866 units (-11.3%), the traditional leader in Indonesia (but not this year) and the MPV Toyota Avanza with 81.188 (-29.0%)
A new star landed in sixth place, the Mitsubishi Xpander, already on top in Indonesia, with 77.688 sales.
In seventh place the Honda City with 74.862 (+2.3%) ahead of the Toyota Innova with 73.750 (-11.2%), the Honda HR-V with 71.374 (-6.7%) and in 10th place the Ford Ranger with 66.934 (+11.1%).
Source : Focus2move.com
I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to
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understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia.
I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine.
I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan"
I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy
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