• Automotive Industry Indonesia: Good Car Sales Growth in January 2018

    Indonesia's car sales rose 11.1 percent year-on-year (y/y) to 95,892 vehicles (wholesale) in January 2018 according to the latest data from the Association of Indonesian Automotive Industries (Gaikindo). This is a very promising start of the year as the January 2018 car sales figure is the highest January figure since 2014.

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  • Stock Market & Rupiah Update Indonesia - Monday 19 February 2018

    Indonesia's benchmark Composite Index touched a new record high on Monday (19/02) after surging 1.48 percent to finish at 6,689.29 points, particularly on the back of surging basic industry & chemicals and property shares. The performance of Indonesian stocks was in line with the overall performance of Asian stocks today. Japan's Nikkei 225 almost surged 2 percent. Benchmark indexes in Singapore, the Philippines, Malaysia and Vietnam also rose more than 1 percent today.

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  • Automotive Industry News: Indonesian Car Exports to Vietnam in Jeopardy

    The Indonesian government is preparing a number of diplomatic moves related to the issuance of Prime Minister of Vietnam Decision No. 116/2017/ND-CP on Overseas Vehicle Type Approval (VTA). This regulation, which came into effect in Vietnam in January 2018, potentially eliminates about USD $85 million of Indonesia's foreign exchange earnings in the automotive industry up to March 2018.

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