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Indonesian exports, imports contract slightly in ‘encouraging’ sign: BPS

first_imgIn the first quarter of the year, the country booked a total of $41.79 billion in exports, a 2.91 percent increase from last year’s figure, while imports were $39.17 billion from January to March, a 2.69 percent decrease from the same period last year.Indonesia recorded a trade surplus of $2.62 billion during the first three months of the year, compared to a deficit of 62.8 million in the same period last year.BPS recorded $2.98 billion in imports from China in March, an increase of $1 billion from February’s figure, as Indonesia’s largest trading partner had started to recover from the COVID-19 pandemic.Exports to China, meanwhile, were $1.98 billion, up by $7 million compared to the same period last year. This made for a trade deficit of $1 billion with China in March, lower than the $1.24 billion deficit in March of last year.The World Trade Organization (WTO) projected that global trade would shrink by between 13 and 32 percent as the economic impact of the health crisis remained uncertain.The WTO forecasted a rebound in the 2021 global goods trade of between 21 and 24 percent, depending largely on the duration of the outbreak and the effectiveness of policy responses.Topics : Indonesia booked a US$743 million trade surplus in March as export and import activities contracted slightly amid the COVID-19 pandemic, Statistics Indonesia (BPS) has announced.Southeast Asia’s largest economy recorded $14.09 billion in exports in March, a 0.2 percent decrease year-on-year (yoy), while total imports fell 0.75 percent yoy to $13.35 billion driven by decreased imports of capital goods.“This figure is encouraging amid the uncertain global situation,” BPS chairman Suhariyanto said at a media briefing on Wednesday. Indonesia’s manufacturing exports grew by 7.41 percent yoy to $11.12 billion, driven by a significant increase in the exports of machines and electric appliances, as well as of iron and steel. Agricultural exports rose 17.82 percent yoy to $320 million.However, the country’s oil and gas exports declined by 40.91 percent yoy to $670 million as a result of falling oil prices, while exports of products of mining also fell by 16 percent yoy to $1.98 billion.Imports of consumption goods rose 10.66 percent to $1.27 billion as a result of Indonesia’s recent, huge purchase of guns and ammunition. Imports of raw materials increased by 1.72 percent to $10.28 billion, while imports of capital goods shrank by 18 percent to $1.8 billion.“We must, however, be aware of the decline in capital goods and raw materials, which may have a huge impact on trade and investment,” Suhariyanto added.last_img read more

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HOUSE ABOUT IT? PRESENTATION ON DONEGAL’S TRADITIONAL COTTAGES

first_imgGreg Stevenson and Joseph Gallagher with their unique book.Did you know that County Donegal has one of the greatest concentrations of traditional cottages in Ireland?As part of National Heritage Week, the Donegal County Museum, Letterkenny will host an illustrated presentation on Monday, August 25 at 7:30 p.m. entitled ‘Traditional Homes in the County Donegal Landscape’ by Greg Stevenson & Joseph Gallagher, authors of the ‘Traditional Cottages of County Donegal’ book.The book Traditional Cottages of County DonegalThe presentation will highlight common types of cottages in County Donegal, identify specific vernacular architecture features, show how these buildings blend into the county’s cultural and physical landscapes, highlight the decline in County Donegal’s vernacular architecture in recent years and identify opportunities for the conservation of traditional cottages. The presentation is open to the public and everyone is welcome to attend.“County Donegal’s vernacular architecture is remarkable,” said Greg Stevenson. “These traditional cottages evoke a sense of place and demonstrate the understanding and connection that people had with the landscape they inhabited. These vernacular buildings have stood the test of time and are durable enough to meet the demands of a modern household but they require care and imagination.“It’s surprising that the opportunities that these cottages present for our tourist industry and for the employment of skilled craftsmen have not been seized despite several national studies highlighting their importance. Many owners of these traditional cottages who have conserved their buildings are beginning to see the benefits of their investment as well as saving a part of their family’s and the county’s built heritage that is uniquely and unmistakably Donegal.”Dr. Stevenson is the founder and owner of Under the Thatch, a social enterprise company based in Wales that rescues and restores traditional buildings at risk. Once restored, these buildings are leased as holiday accommodation which has proven popular. “Under the Thatch rents out fabulous quirky places to stay, enjoys some of the highest occupancy rates in the industry and puts profits into historic building rescue projects across Europe,” said Greg who is the author of several publications including ‘The 1930s Home’, ‘Palaces for the People: prefabs in post-war Britain’, ‘Welsh Homes’ (with Gwenda Griffith) and ‘Introducing Houses of the Welsh Countryside’ (with Richard Sugget).Greg is best known in Wales as the architectural historian on the television series ‘The Welsh House’ and ‘The Welsh Town’, and in England he was series consultant for BBC Restoration. His co-author on the ‘Traditional Cottages of County Donegal’ book is Joseph Gallagher, County Donegal Heritage Officer.Copies of the ‘Traditional Cottages of County Donegal’ book will be available at a special price of €20 on the evening and the authors will be signing copies of the book. If you would like further details, please contact the Donegal County Museum, High Road, Letterkenny on (074) 912 4613. HOUSE ABOUT IT? PRESENTATION ON DONEGAL’S TRADITIONAL COTTAGES was last modified: August 20th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Donegal County CouncilJoseph GallagherTraditional Cottages of Donegallast_img read more

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