Money and Growth in Indonesia and Hong Kong

May 5, 2026, 09:38
AsiaFinance

Introduction

Indonesia and Hong Kong grew fast in early 2026. But wars in the Middle East are a problem for both.

Main Body

Indonesia's economy grew by 5.61%. The government spent more money on schools and workers. People also bought more things during Ramadan. But the Indonesian currency lost value. Hong Kong's economy grew by 5.9%. This is the best growth in five years. They sold more goods to other countries. Many people bought electronics for AI. More tourists visited Hong Kong. The government thinks AI helps them stay strong. They expect more growth for the rest of the year.

Conclusion

Both places grew a lot. But they are worried about problems in the Middle East.

Learning

πŸ“ˆ Talking about 'More'

In this text, we see a pattern to describe growth. To reach A2, you need to know how to say something increased.

The Pattern: Verb + more + Noun

Examples from the text:

  • spent β†’\to more money
  • bought β†’\to more things
  • sold β†’\to more goods
  • visited β†’\to more tourists

πŸ’‘ Simple Rule: If you want to say the amount went up, put more before the thing you are talking about.

  • Incorrect: Bought things more.
  • Correct: Bought more things.

Quick List of 'Growth' Words:

  • Grew (Past of grow)
  • Spent (Past of spend)
  • Bought (Past of buy)
  • Sold (Past of sell)