• Indonesia Tops Motorcycle Sales in ASEAN Region in 2013

    The Asean Automotive Federation (AAF) stated that motorcycle sales growth in the ASEAN region was recorded at 5 percent (year on year) in 2013. Motorcycle sales rose from 10.52 million units in 2012 to 11.09 million in 2013. It is interesting to note that motorcycle sales in Indonesia accounted for 70 percent of total motorcycle sales in the ASEAN region last year. Indonesian sales ammounted to 7.7 million units, followed by Thailand (2 million), Philippines (752,835), Malaysia (546,719) and Singapore (11,650).

    Lanjut baca ›

  • Temporary Slowdown of Jakarta's Property Market due to 2014 Elections

    Jakarta's property market remains prospective despite Indonesia's slowing economy and the upcoming legislative and presidential elections (scheduled for 9 April and July 2014). Luke Rowe, Technical Advisor at Jones Lang LaSalle Indonesia, said that the apartment (particularly luxurious apartments) and condominium segments in Indonesia's capital city will continue to post growth as they have done in recent years. Generally, around 90 percent of the units of a new project are sold before construction is finished.

    Lanjut baca ›

  • Indonesia Investments' Newsletter of 16 February 2014 Released

    On 16 February 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic matters such as Bank Indonesia's benchmark interest rate, the rupiah exchange rate, tourism, trade balance, the eruption of Mount Kelud, cement sales, an update on the MP3EI, and more.

    Lanjut baca ›

  • Foreign Companies Leave West Java on Higher Wages and Electricity Price

    Indonesian newspaper Bisnis Indonesia reported that a number of foreign companies in West Java are ready to leave Indonesia because of increasingly higher operating costs. Chairman of West Java's branch of the Indonesian Employers Association (Apindo) Dedy Widjaja said that the main factors that are driving these investors away are higher regional minimum wages and the government's plan to raise the price of electricity. In May 2014, the Indonesian government intends to cut electricity subsidies for medium and large industry groups.

    Lanjut baca ›