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29.12.2018 02:38
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JAKARTA Nike Air VaporMax 2.0 Mens Sale , Sept. 7 (Xinhua) -- Indonesia's transport ministry will kick off building dozens of seaports across the archipelagic country next year in an effort to boost efficiency in economy and competitiveness of exported products.


Transport Minister Budi Karya Sumadi said on Thursday that a total of 39 new seaports would be constructed in 2018, a move which can reduce cost of products and help spur economic growth.


"The sea ports are expected to smooth distribution of goods and movement of people," he said in a statement.


The construction is part of the government's mega project of toll roads across the nation.


Infrastructure of transportation has partly been blamed for eroding competitiveness of products from Indonesia.


Indonesia is home to some 17,500 islands with a population of over 250 million people.


Highlights of China-Arab States Expo in Yinchuan


Rural children take free lunch in SW China's Guizhou


UN conference on desertification opens in Inner Mongolia


Myanmar exports about 95 percent of fruits to China


In pics: China's future Mars simulation base in Qinghai


Actors perform during acrobatics show in central China's Puyang


Colorful houses seen in N China's beautiful countryside


Spectacular scenery of Hukou Waterfall of Yellow River

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TOKYO, April 6 (Xinhua) -- The Nikkei stock index retreated 0. 19 percent Monday as worse-than-expected employment growth in the U.S. soured the market mood and triggered a risk-on mood, while a stronger yen sent the market's key exporter issues lower.


The Nikkei 225 stock average lost 37.10 points to end at 19,397. 98, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange dropped 3.45 points, or 0.22 percent, to close the day at 1,560.71.


Brokers here said that U.S. Labor Department's report released Friday showing that employers added 126,000 nonfarm workers in March, the lowest in more than a year, dampened investor sentiment due to concerns of a slowdown in the U.S. economy.


They said that despite the market being underpinned by institutional investors like the government pension fund, concerns were rife that the employment data, which showed particular weakness in the goods-producing and mining sectors, due to falling prices for crude, may led to the U.S. Federal Reserve hiking its key interest rate at an earlier juncture.


"The U.S. economy has hit a soft patch due to the stronger dollar and weaker oil. First-quarter earnings and gross domestic product probably won't be good," said Shoji Hirakawa, chief equity strategist at Okasan Securities Co..


Other analysts pointed to broader concerns about the market, suggesting that its recent rally sent prices higher too quickly and despite a recent correction, the market would likely not rise due to sluggish domestic corporate earnings and outlooks, set to be announced forthwith.


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