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Today's Headlines Machinery

  • Indonesia's Manufacturing Industry Most Popular Foreign Investment

    Two sectors of the Indonesian economy stand out as most popular destinations of foreign investments in the first six months of 2013. These are Indonesia's manufacturing sector and the construction, property and real estate sector, which grew 46.7 percent and 100.6 percent respectively compared to the same period in 2012. Based on data of the Indonesia Investment Coordinating Board (BKPM), foreign direct investments in Indonesia increased 23 percent to USD $14.1 billion in the first semester of 2013.

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  • Investment in Manufacturing Sector Reduces Dependence on Natural Resources

    In the first quarter of 2013, Indonesia's manufacturing sector has received increasingly more investments compared to the same period last year. Investors directed IDR 53.26 trillion (USD $5.5 billion) towards Indonesia's manufacturing sector out a total of IDR 93 trillion (USD $9.6 billion) investment in Q1-2013. Compared to Q1-2012, investment in the manufacturing sector grew 84 percent. It is a positive development as it reduces Indonesia's dependence on natural resources, produces added-value products, and provides employment opportunities.

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  • Heavy Equipment Distributor United Tractors Announces Dividend Payout

    Heavy equipment distributor United Tractors announced to pay out dividend amounting to IDR 2.31 trillion (USD $237.9 million), which represents about 40 percent of the company's net income in 2012 (IDR 5.78 trillion). Dividend per share is set at IDR 620 (USD $0.064) and includes interim dividend of IDR 210 that was distributed in November 2012. The remaining IDR 410 per share will be paid out on 31 May 2013. United Tractors also announced to launch two new products.

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