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Indonesia keeps April crude palm oil export tax at zero JAKARTA: Indonesia set its crude palm oil export tax for April at zero, unchanged from March, the Trade Ministry said on its website on Monday.No explanation was given for the decision, but previously the ministry has said the tax was set at zero because benchmark palm oil prices were below the threshold triggering a monthly tax on shipments overseas.The export tax on cocoa beans was set at 10 percent for April, unchanged from March, the ministry said.Copyright Reuters, 2015

German prices on track for first rise this year BERLIN: German consumer prices are set to rise in March after falling in the first two months of this year, data from some federal states suggested on Monday, but inflation in Europe's largest economy is still likely to remain very low.Data from four states showed the cost of living picking up on an annual basis. In North Rhine-Westphalia (NRW), Germany's most populous state and a bellwether for the national rate, prices climbed by 0.2 percent ...

Confidence in euro zone economy near a four-year high BRUSSELS: Confidence in the euro zone's economy rose for a fourth straight month in March to its highest since July 2011, a European Commission survey showed on Monday, suggesting the weak euro and lower oil prices are spurring the recovery.The European Commission's economic sentiment indicator rose by 1.6 points to 103.9, better than the 103.1 economists had forecast in a Reuters poll and building on a recovery that began in December. Business morale improved by ...

Portugal business, consumer confidence up in March LISBON: Portugal's economic climate indicator rose in March to its highest level since October and consumer confidence increased to its best mark since 2002, data showed on Monday.The economic climate indicator, which measures business confidence, stood at plus 0.6 in March after 0.3 in February. The index turned positive in May 2014 - the month Lisbon exited an international bailout.The National Statistics Institute also said its consumer confidence indicator was at a negative reading of ...

Italy should expect to see 2015 GDP growth of 0.8pc: minister ROME: Italy should expect to see 0.8 percent economic growth in 2015, a deputy minister said in an interview published on Monday, nudging the forecast slightly higher than recent government projections.Deputy Economy Minister Enrico Morando told La Stampa newspaper the consensus forecast was for an 0.8 percent expansion, adding: "We can only start from here."Minister for Constitutional Reforms Elena Boschi said on Saturday that the forecast in the government's Economic and Financial Document, due to ...

Thai factory output rises in Feb, halting 22-month decline BANGKOK: Thai factory output unexpectedly rose in February from a year earlier, ending a 22-month streak of falls and giving some hope of improvement in the beleaguered economy.The Industry Ministry said output in Southeast Asia's second-largest economy in February rose 3.55 percent from a year earlier, the first increase since March 2013."The output rise was driven by car production," ministry official Somsak Jantararoungtong said, adding that while February output normally isn't high "this time it ...

China March official PMI seen contracting for 3rd month BEIJING: Activity in China's factory sector likely contracted for a third straight month in March, a Reuters poll showed, reinforcing expectations that Beijing will have to step up policy easing to support economic growth that may be on the verge of dipping below 7 percent.The official manufacturing Purchasing Managers' Index, or PMI, is forecast to edge down to 49.7 from February's 49.9, according to the median forecast of 19 economists in the poll.A reading above ...


Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln