• Strukton International Awarded Palmerah Tidal Bridge Project in Indonesia

    Tidal Bridge BV, a joint venture of Strukton International and DEC, has been awarded the contract to construct the Palmerah Tidal Bridge in Indonesia. The Dutch company will build a floating bridge in the Larantuka Strait, located in East Flores in the eastern part of Indonesia. This floating bridge will be linked to (what is set to become) the world's largest tidal power plant. The total duration of the project is estimated at four years with a final contract value of more than USD $550 million. This project is the first Dutch-Indonesian cooperation in the field of waterworks.

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  • Indonesia's Export of Completely Built Up Car Units Surge in Q1-2017

    Indonesian exports of completely built up (CBU) car units surged in the first quarter of 2017, a development that may indicate that global economic growth is improving (specifically in the export destination nations). Based on data from the Indonesian Automotive Industry Association (Gaikindo) Indonesia exported 56,371 units in Q1-2017, up 53.4 percent year-on-year (y/y) from 36,750 units in the same period one year earlier.

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  • Sales of Footwear in Indonesia Remarkably Bleak in Q1-2017

    Sales of footwear products (shoes) in Indonesia fell 10 percent year-on-year in the first quarter of 2017. This bleak performance is attributed to Indonesians' weak (consumer) purchasing power. Meanwhile, domestic footwear manufacturers only saw modestly rising demand from abroad compared to one year ago. Therefore, Indonesia's footwear exports have remained rather stagnant.

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  • National Geographic: Borobudur 3rd among Adventure Tourism Sites

    National Geographic, the official magazine of the National Geographic Society that has been published continuously since 1888, ranked Indonesia's Borobudur temple third in its global iconic adventure tourism sites, hence acknowledging the temple's uniqueness as well as cultural and historic value. The Borobudur, a ninth-century Mahayana Buddhist temple, is also listed by UNESCO as a World Heritage Site (since 1991).

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