Indonesia: The government aims to increase domestic steel production by five percent year-on-year in 2017.
Indonesia: May’s reading for the Nikkei Indonesia Purchasing Managers’ Index (PMI) dropped to 50.6 in May from a reading of 51.2 in April. However, the reading remains comfortably above the line of 50.0 that separates expansion from contraction.
Indonesia: While car sales are expected to hit 1.1 million units in Indonesia this year, utilisation of the country’s installed car production capacity is expected to fall to 55 percent, according to the Indonesian Automotive Industry Association (Gaikindo).
Indonesia: The country’s manufacturing sector is projected to employ 16.3 million people this year, a five percent increase from 15.5 million workers in 2016.
Indonesia: Domestic motorcycle sales in Indonesia rose 13.8 percent year-on-year to 473,879 units in January 2017, from 416,263 units in the same month in 2016, according to the Indonesian Motorcycle Industry Association (AISI).
Indonesia: The Nikkei Indonesia Manufacturing Purchasing Managers’ Index (PMI) reading grew to 50.4 in January. This was an expansion from 49.0 in December 2016, ending Indonesia’s three-month contraction streak for the manufacturing sector.
Indonesia: Indonesia plans to spend 105.6 trillion rupiah (US$8 billion) through 2019 on expanding its railway network and adding related freight and passenger services, according to RailwayTech Indonesia, putting the Equatorial nation on track to nearly double active track coverage.
Indonesia: With an improved 122 points in the consumer confidence index, Indonesia was the third most confident nation in the world after the India and Philippines in the third quarter of 2016, according to Nielson.
Jakarta, Indonesia: Indonesia’s car sales is on track to increase between 3 percent and 5 percent in 2016, buoyed by new product launches, a more positive macroeconomic environment, increased liquidity and more relaxed financing terms, international ratings agency Fitch Ratings finds.
Mark Johnston speaks to Alexander Tjioe and Harald Dickertmann on the opening of their new technology centre in Jarkata, Indonesia. Mr Tjioe is the president (automation), Schunk (Indonesia) while Mr Dickertmann is the head of sales and business development Asia, based out of Germany.